General Motors Company [GM] Revenue clocked in at $122.25 billion, up 39.29% YTD: What’s Next?

General Motors Company [NYSE: GM] slipped around -0.73 points on Wednesday, while shares priced at $58.00 at the close of the session, down -1.24%. The company report on July 13, 2021 that SES, a Lithium-Metal battery supplier for electric vehicles, to list on NYSE via combination with Ivanhoe Capital Acquisition Corp. (NYSE: IVAN).

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Transaction will create first publicly-traded, hybrid Lithium-Metal battery supplier combining high-energy density with efficient manufacturability at scale.

Upon closing, combined company to trade under symbol “SES”.

General Motors Company stock is now 39.29% up from its year-to-date (YTD) trading value. GM Stock saw the intraday high of $59.36 and lowest of $57.705 per share. The company’s 52-week high price is 64.30, which means current price is +44.85% above from all time high which was touched on 06/07/21.

Compared to the average trading volume of 15.62M shares, GM reached a trading volume of 12409229 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about General Motors Company [GM]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GM shares is $71.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GM stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wedbush have made an estimate for General Motors Company shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on July 09, 2021. While these analysts kept the previous recommendation, Barclays raised their target price from $70 to $74. The new note on the price target was released on June 22, 2021, representing the official price target for General Motors Company stock. Previously, the target price had yet another raise to $76, while Tudor Pickering analysts kept a Buy rating on GM stock.

The Average True Range (ATR) for General Motors Company is set at 1.44, with the Price to Sales ratio for GM stock in the period of the last 12 months amounting to 0.66. The Price to Book ratio for the last quarter was 1.74, with the Price to Cash per share for the same quarter was set at 21.23. Price to Free Cash Flow for GM in the course of the last twelve months was 7.13 with Quick ratio for the last quarter at 0.90.

How has GM stock performed recently?

General Motors Company [GM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.49. With this latest performance, GM shares dropped by -4.59% in over the last four-week period, additionally plugging by 21.29% over the last 6 months – not to mention a rise of 126.21% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GM stock in for the last two-week period is set at 45.50, with the RSI for the last a single of trading hit 44.31, and the three-weeks RSI is set at 47.14 for General Motors Company [GM]. The present Moving Average for the last 50 days of trading for this stock 58.75, while it was recorded at 58.10 for the last single week of trading, and 50.20 for the last 200 days.

General Motors Company [GM]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and General Motors Company [GM] shares currently have an operating margin of +5.99 and a Gross Margin at +16.80. General Motors Company’s Net Margin is presently recorded at +5.25.

Return on Total Capital for GM is now 4.71, given the latest momentum, and Return on Invested Capital for the company is 5.64. Return on Equity for this stock inclined to 14.81, with Return on Assets sitting at 2.77. When it comes to the capital structure of this company, General Motors Company [GM] has a Total Debt to Total Equity ratio set at 246.66. Additionally, GM Total Debt to Total Capital is recorded at 71.15, with Total Debt to Total Assets ending up at 47.23. Long-Term Debt to Equity for the company is recorded at 164.22, with the Long-Term Debt to Total Capital now at 47.37.

Reflecting on the efficiency of the workforce at the company, General Motors Company [GM] managed to generate an average of $41,465 per employee. Receivables Turnover for the company is 3.62 with a Total Asset Turnover recorded at a value of 0.53.General Motors Company’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.10.

Earnings analysis for General Motors Company [GM]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for General Motors Company go to 13.51%.

Insider trade positions for General Motors Company [GM]

There are presently around $69,139 million, or 84.20% of GM stock, in the hands of institutional investors. The top three institutional holders of GM stocks are: BLACKROCK INC. with ownership of 107,944,411, which is approximately 1.543% of the company’s market cap and around 0.10% of the total institutional ownership; CAPITAL RESEARCH GLOBAL INVESTORS, holding 101,299,594 shares of the stock with an approximate value of $5.88 billion in GM stocks shares; and VANGUARD GROUP INC, currently with $5.51 billion in GM stock with ownership of nearly 4.803% of the company’s market capitalization.

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Positions in General Motors Company stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 752 institutional holders increased their position in General Motors Company [NYSE:GM] by around 126,361,599 shares. Additionally, 460 investors decreased positions by around 82,342,379 shares, while 140 investors held positions by with 983,345,501 shares. The mentioned changes placed institutional holdings at 1,192,049,479 shares, according to the latest SEC report filing. GM stock had 282 new institutional investments in for a total of 26,110,832 shares, while 94 institutional investors sold positions of 7,029,482 shares during the same period.

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