GM stock: buy or sell?

GM stock price: $21.38 -5.23% At close on March 27th, 2020

Updated on:
March 27th, 2020

2

The auto maker closed yesterday at $21.38 and plunged a spooky -5.23%. On Tuesday GM boosted a dazzling 16.63%.

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. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, General Motors stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is General Motors stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't find any rating for GM stock for the last month.

GM stock analysis

Daily outlook

The Detroit headquarted company shares plunged -5.23% to $21.38 yesterday.

Shares of the auto maker ended yesterday at $21.38 and plunged a spooky -5.23%. Since price and SMA200d lines crossed down on January, GM fell $-15.55 per share (-42.11%).

GM stock chart (daily)

Weekly outlook

After sliding a spooky -36.22% in a week last week, General Motors closed this week at $21.38 and climbed a super good 17.86%. After 4 weeks sliding, this week raised a 13.11%.

Since late December 2019, when GM stock price broke down the 40-weeks moving avarage line, it slid $-15.42 per share (-41.90%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.

GM stock chart (weekly)

GM stock price history

GM stock went public on November 18th, 2010 with a price of $26.781. Since then, GM stock declined a -20.20%, with a yearly average of -2.20%.

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

GM stock historical price chart

GM stock reached 52-week highs on August at $40.55, and all-time highs 2017-10-24 with a price of 42.21.

GM stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' GM stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price prediction for General Motors stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on April, General Motors . As soon as we get its posted EPS from the earnings report, we will update this review.
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

In 2018, General Motors annual turnover remained stable a slightly good 1.00% to $147,049.00 M dollars from $145,588.00 marked in 2017. On the other hand, its earnings margin (compared to sales) soared to 5.45%, that is $8,014.00 million.

To have an up to date picture of the financial situation of General Motors, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual General Motors TTM sales up to March 2019 were $145,828.00 and earnings were $9,125.00 M USD. When comparing this TTM figures with the last reported annuality, we can review the auto maker business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, stayed stable a lame -0.83%. Similarly, profit margin (net income/sales) remained constant 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 reported $34,878.00 M in sales for 2019-Q1, a -9.17% decline compared to previous quarter. Reported quarter earnings marked $2,157.00 million with a profit margin of 6.18%. Profit margin stayed constant a 0.86% compared to previous quarter when profit margin was 5.32%. When comparing turnover to same quarter last year, General Motors sales marked an ugly drop down and declined 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 invest in a company, it's worth to have a look its ownership structure.

General Motors shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 7.20% of all shares.

In case of General Motors stock, 79.25% 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:

GM
Market cap$30.6 B
Total shares1,430.0 M
Float shares1,330.0 M
  - Institutional holdings (%)79.2%
  - Insider holdings (%)7.2%
Shares in short selling0.0%

GM summary

Friday, March 27th, 2020
Open$21.37
Close$21.38
Day range$20.74 - $21.96
Previous close$22.56
Session gain-5.23%
Average true range$2.73
50d mov avg$29.67
100d mov avg$32.69
200d mov avg$34.66
Daily patternlt03a
Weekly pattern lb06a

General Motors performance

To better understand General Motors performance you must becnhmark its gains with other related stocks in same sector or industry. For General Motors, the benchmark is made against .
Stock3m6m12m
GMGeneral Motors-40.81%-41.55%-39.81%

General Motors competitors

Unfortunately, we could not find any public company that could be defined as General Motors competitor. This doesn't mean General Motors does not have any competitor in the market, it's just we could not detected it.

    Latest GM stock news