Group 1 - General Motors (GM) stock closed at $51, down 1.89% from the previous session, underperforming the S&P 500's gain of 0.16% [1] - Over the past month, GM's stock has decreased by 2%, which is better than the Auto-Tires-Trucks sector's loss of 3.73% and the S&P 500's loss of 2.7% [1] Group 2 - GM's upcoming earnings report is expected on January 28, 2025, with an estimated EPS of $1.75, reflecting a 41.13% increase from the prior-year quarter [2] - The consensus revenue estimate for GM is projected at $43.73 billion, indicating a 1.75% rise from the same quarter last year [2] Group 3 - Recent changes to analyst estimates for GM suggest a favorable outlook on the company's business health and profitability [3] - Revisions in estimates are correlated with stock price performance, which is utilized in the Zacks Rank system [4] Group 4 - The Zacks Rank system rates stocks from 1 (Strong Buy) to 5 (Strong Sell), with 1 stocks averaging an annual return of +25% since 1988 [5] - GM currently holds a Zacks Rank of 2 (Buy), with the consensus EPS estimate having increased by 1.33% over the past month [5] Group 5 - GM's Forward P/E ratio is 4.74, significantly lower than the industry average of 13.97 [6] - The company's PEG ratio is 0.37, compared to the industry average PEG ratio of 1.67 [6] Group 6 - The Automotive - Domestic industry, which includes GM, has a Zacks Industry Rank of 50, placing it in the top 20% of over 250 industries [7] - Industries in the top 50% rated by Zacks outperform those in the bottom half by a factor of 2 to 1 [7]
General Motors (GM) Stock Falls Amid Market Uptick: What Investors Need to Know