GM stock: buy or sell?

GM stock price: $37.36 0.97% At close on August 19th, 2019

Updated on:
August 19th, 2019

3

General Motors closed today at $37.36 and raised a tiny 0.97%.

General Motors Company, together with its subsidiaries, designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide.

Should I buy GM stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Just 1 of our buy setups matches with General Motors stock now:

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MAYes
100d MA crossing up 200d MANo

Is General Motors stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we gathered 12 ratings published for GM stock in the last month.

The general sentiment of these ratings is bullish for GM stock, with 9 positive ratings.
Is GM a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-8-2Citigroupn/aBuy
2019-7-22Royal Bank of Canadan/aOutperform
2019-3-26Goldman Sachs Groupn/aNeutral
2019-2-8Citigroupn/aBuy
2019-2-7Royal Bank of Canadan/aOutperform
2019-2-13Seaport Global Securitiesn/aBuy
2019-1-7BMO Capital MarketsMarket PerformOutperform
2019-1-28BMO Capital Marketsn/an/a
2019-1-14Royal Bank of Canadan/aOutperform
2019-1-14BMO Capital MarketsPositiveOutperform
2019-1-14Barclaysn/aBuy
2019-1-11Buckingham Researchn/aHold

GM stock analysis

Daily outlook

Shares of General Motors closed today at $37.36 and raised a tiny 0.97%.

The auto maker shares raised 0.97% to $37.36 today. Today GM price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Since last Aug 6th when SMA50d and SMA100d crossed up, GM price slipped $-1.65 per share (-4.23%).

GM stock chart (daily)

Weekly outlook

General Motors shares crossed up the SMA line of 200d, closing at $37.36. Last week GM collapsed a scary -7.05% in just one week.

Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $41.90 resistance. Since SMA20w and SMA40w crossed up early March, GM price slid a -3.54%.

GM stock chart (weekly)

GM stock price history

GM stock went public on November 18th, 2010 with a price of $27.671. Since then, GM stock surged a 35.00%, with a yearly average of 4.40%. If you had invested right after GM's IPO a $1,000 in GM stock in 2010, it would worth $350.00 today.

1: Adjusted price after possible price splits or reverse-splits.

GM stock historical price chart

GM stock reached 52-week highs on August/1 at $41.90, and all-time highs 2017-10-24 with a price of 43.61.

GM stock price target is $53.90

Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we found 10 price forecasts for the Detroit headquarted company stock:
GM stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-8-2CitigroupRaises Target$67.00$68.001.5%
2019-7-22Royal Bank of CanadaRaises Targetn/a$52.00-
2019-3-26Goldman Sachs GroupSet Price Targetn/a$36.00-
2019-2-8CitigroupRaises Targetn/a$67.00-
2019-2-7Royal Bank of CanadaRaises Target$50.00$52.004%
2019-1-28BMO Capital MarketsRaises Target$79.00$84.006.3%
2019-1-14Royal Bank of CanadaRaises Target$45.00$50.0011.1%
2019-1-14BMO Capital MarketsRaises Target$6.65$47.00606.8%
2019-1-14BarclaysReiteratesn/a$49.00-
2019-1-11Buckingham ResearchSet Price Targetn/a$34.00-
(in average)$49.50$53.909.0%
The price forecast for General Motors stock is $53.90, moving in a range between $84.00 and $34.00. In average, analysts' outlook on GM price target is positive, improving the forecast by a 9.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since April, when General Motors published its last earnings report, it depreciated an ugly -3.06%. As soon as we get its actual EPS from the earnings report, we will extend this report.
GM earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a1.73n/a
2017-Q32017-10-241.121.3217.9%
2017-Q42018-02-061.381.6519.6%
2018-Q12018-04-261.221.4317.2%
2018-Q22018-07-251.841.81-1.6%
2018-Q32018-10-311.261.8748.4%
2018-Q42019-02-061.211.4318.2%
2019-Q12019-04-301.1n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw a tiny movement of 1.00% to $147,049.00 M USD. Instead, its profit margin (compared to sales) rose to 5.45%, that is $8,014.00 million.

General Motors presents anual results in December, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, General Motors TTM sales up to March 2019 were $145,828.00 and income $9,125.00 million dollars. When comparing this TTM figures with the last reported annuality, we can review General Motors business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, remained constant a lame -0.83%. Similarly, profit margin (net income/revenues) stayed stable at 5.45%.

GM annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$155,430 M-$5,350 M3.4%-
2014$155,929 M0.32%$3,949 M2.5%-26.19%
2015$152,356 M-2.29%$9,687 M6.4%145.30%
2016$166,380 M9.20%$9,427 M5.7%-2.68%
2017$145,588 M-12.50%$-3,864.00 M-2.7%-140.99%
2018$147,049 M1.00%$8,014 M5.4%-307.40%
TTM $145,828 M-0.83%$9,125 M6.3%13.86%

Quarterly financial results

General Motors posted $34,878.00 million in revenues for 2019-Q1, a -9.17% less compared to previous quarter. Reported quarter earnings marked $2,157.00 M with a profit margin of 6.18%. Profit margin remained constant a 0.86% compared to previous quarter when profit margin was 5.32%. When comparing revenues to same quarter last year, General Motors sales marked a bad decrease and decreased a -3.38%.
GM quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$36,980 M-$2,430 M6.6%-
2017-Q3$33,623 M-9.08%$-2,981 M-8.9%-222.67%
2017-Q4$37,715 M12.17%$-5,151 M-13.7%72.79%
2018-Q1$36,099 M-4.28%$1,046 M2.9%-120.31%
2018-Q2$36,760 M1.83%$2,390 M6.5%128.49%
2018-Q3$35,791 M-2.64%$2,534 M7.1%6.03%
2018-Q4$38,399 M7.29%$2,044 M5.3%-19.34%
2019-Q1$34,878 M-9.17%$2,157 M6.2%5.53%

General Motors ownership

When you are planning to buy shares of a company, it's always worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For General Motors, 7.30% of all outstanding shares are owned by its staff.

In case of General Motors stock, 78.82% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for GM stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to General Motors:

GMFGNTXHMCTM
Market cap$53.1 B$35.1 B$6.8 B$41.0 B$191.9 B
Total shares1,420.0 M3,920.0 M255.6 M1,760.0 M1,490.0 M
Float shares1,250.0 M3,910.0 M254.7 M1,760.0 M1,070.0 M
  - Institutional holdings (%)78.8%7.6%88.4%2.1%0.8%
  - Insider holdings (%)7.3%23.8%0.4%0.0%0.0%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

GM summary

Monday, August 19th, 2019
Open$37.51
Close$37.36
Day range$37.19 - $37.60
Previous close$37.00
Session gain0.97%
Average true range$1.06
50d mov avg$38.45
100d mov avg$37.87
200d mov avg$37.04
Daily patternlt02c
Weekly pattern lb02a

General Motors performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We compared General Motors against Ford Motor, Gentex, Honda Motor, , Tesla and Tata Motors in the following table:
Stock3m6m12m
GMGeneral Motors7.51%-4.65%8.35%
FFord Motor-11.64%10.07%1.93%
GNTXGentex21.50%33.40%15.23%
HMCHonda Motor-8.37%-16.48%-19.29%
TM8.78%6.31%5.96%
TSLATesla18.99%-23.03%-29.73%
TTMTata Motors-35.21%-32.28%-54.28%

General Motors competitors

One check before trading any stock is to have a look a list of its competitors, in this case for General Motors. We selected 6 companies as General Motors competitors as they are in the same industry or have similar market objectives.

Latest GM stock news