GM stock is up 8% year-to-date, and although that’s better than nothing, it’s an underperformance when compared to the 20% gains seen by the S&P 500. That said, a consensus target price above $47 – representing 30% upside – alongside a 4.2% dividend both make GM look like a compelling stock to buy today.
Similarly, Is GM buy or sell?
General Motors has received a consensus rating of Buy. The company’s average rating score is 2.78, and is based on 18 buy ratings, 5 hold ratings, and no sell ratings.
Does GM pay a dividend? General Motors eliminated its dividend in the second quarter of 2020 because of the pandemic. Unlike rival Ford Motor , General Motors has decided against reinstating its dividend despite record profitability.
Thereof, Why did GM drop today?
GM Stock Falls as Analyst Raises Doubts, Cuts Rating
Shares of General Motors were falling Tuesday after the car maker caught a downgrade from Wall Street. Morgan Stanley analyst Adam Jonas has concerns about GM’s ability to transition to an all-electric future.
Is GM stock undervalued?
General Motors’ stock (NYSE: GM) at the current price of $50 seems underpriced compared to Trefis’ GM’s Valuation of $69. In recently concluded FY 2021 results, the company recorded revenue of $128 billion (includes GM China), up 4% y-o-y. Meanwhile EPS was recorded at $6.70 up from $4.33 in the previous year.
Is GM stock expected to rise?
On average, Wall Street analysts predict that GENERAL MOTORS’s share price could reach $70.71 by Apr 1, 2023. The average GENERAL MOTORS stock price prediction forecasts a potential upside of 76.21% from the current GM share price of $40.13.
Is GM a good stock to buy 2022?
GM is posting strong earnings despite slashing production (particularly in the second half of the year) due to the global chip shortage. The company expects semiconductor supply to improve over the course of 2022, enabling higher production.
How much debt is GM?
Before having a look at the importance of debt, let us look at how much debt General Motors has. According to the General Motors’s most recent financial statement as reported on February 10, 2021, total debt is at $109.89 billion, with $72.98 billion in long-term debt and $36.91 billion in current debt.
Is Ford a good stock for 2022?
Ford is a great buy now
2022 should be a pivotal year for Ford as the company looks to grow its EV business while retaining profitability and staying FCF positive. The reinstatement of its dividend, which is currently $0.10 per share per quarter, gives Ford a 2% annual dividend yield.
What do analysts say about GM stock?
Based on analysts offering 12 month price targets for GM in the last 3 months. The average price target is $71.13 with a high estimate of $100 and a low estimate of $44.
What is the target price for GM stock?
Stock Price Target
| High | $95.00 |
|---|---|
| Low | $44.00 |
| Average | $70.10 |
| Current Price | $40.22 |
What is the prediction for GM?
Analyst Price Target on GM
Based on 17 Wall Street analysts offering 12 month price targets for General Motors in the last 3 months. The average price target is $71.13 with a high forecast of $100.00 and a low forecast of $44.00. The average price target represents a 77.25% change from the last price of $40.13.
Can GM stock hit 100?
Analysts believe the GM share price could reach $100 or fall to $54. According to GM technical analysis on Investing.com, the outlook is more bearish with more analysts recommending ‘sell’ for the stock.
Is General Motors a good company?
General Motors has been a good experience and continues to offer opportunities. As with many corporations, there is room for improvement. Very smart employees and great growth , they make you feel very welcomed. Extremely to learn a lot and grow very fast.
What are the undervalued stocks in India?
Undervalued stocks
| S.No. | Name | Qtr Profit Var % |
|---|---|---|
| 1. | Suumaya Indust. | -17.86 |
| 2. | Bedmutha Indus. | 121.82 |
| 3. | Suumaya Corp. | |
| 4. | INEOS Styrolut. | -53.96 |
How much does GM owe the government 2021?
Reutersreported that the US government lost $11.2 billion bailing out GM, more than the $10.3 billion the Treasury Department estimated it made when it sold its remaining GM shares in December. In 2021, Elon Musk paid over $11 billion in taxes due to selling Tesla shares.
Who has more debt GM or Ford?
Entering this year, Ford’s debt, excluding its lending arm, was at $15.3 billion, up $1.2 billion from the previous year. That compares with GM at nearly $14.4 billion in 2019, up $423 million from the prior year.
What is GM debt to equity ratio?
Compare 2 to 12 securities.
…
Debt to Equity Ratio Related Metrics.
| Total Assets (Quarterly) | 244.72B |
|---|---|
| Total Liabilities (Quarterly) | 178.90B |
| Shareholders Equity (Quarterly) | 59.74B |
| Current Ratio | 1.103 |
| Net Debt Paydown Yield | 1.86% |
Is Ford a buy 2021?
Key Points. Ford reported fourth-quarter and full-year 2021 earnings on Thursday. Despite aggressive spending, Ford remains very profitable. Higher North American margins and strong free cash flow guidance bode well for 2022.
Why is Ford stock so cheap?
Shares of Ford Motor Company ( F -0.19% ) opened lower on Monday amid a broad market sell-off driven largely by concerns about rising interest rates.
Will Ford stock ever split?
Ford Stock Split: Recent Stock Split News
Although it will be immediately effective and vote of shareholders is due on May 25th 2022 and if approved in the same meeting, it is expected to trade post-split from June 6 2022.
What is GM dividend per share?
GM Dividend History
| Ex/EFF DATE | TYPE | CASH AMOUNT |
|---|---|---|
| 03/05/2020 | CASH | $0.38 |
| 12/05/2019 | CASH | $0.38 |
| 09/05/2019 | CASH | $0.38 |
| 06/06/2019 | CASH | $0.38 |
How much is a Tesla in 2025?
Last month, Ark Invest shed less than half a percent of its position in Tesla as the shares of the electric vehicle company climbed. It sold a total of 8,100 shares, estimated to be worth about $5.76 million. Wood’s firm holds large bets in Tesla, which it predicts will hit the ,000 mark at the end of 2025.
Is GM going out of business 2021?
General Motors filed for bankruptcy early Monday, marking the end of an era for GM, as the troubled automaker now represents the largest bankruptcy in history.
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