Core Insights - General Motors (GM) shares closed at $49.44, reflecting a -0.7% change from the previous session, underperforming the S&P 500's loss of 0.22% [1] - Over the last month, GM's shares increased by 4.16%, contrasting with the Auto-Tires-Trucks sector's decline of 20.08% and the S&P 500's decline of 7.48% [1] Earnings Projections - GM's upcoming earnings release is anticipated, with projected earnings per share (EPS) of $2.67, indicating a 1.91% increase year-over-year [2] - Revenue is estimated at $42.7 billion, reflecting a 0.73% decrease compared to the same quarter last year [2] - For the annual period, earnings are expected to be $11.52 per share and revenue at $180.2 billion, representing shifts of +8.68% and -3.87% respectively from the previous year [3] Analyst Estimates - Recent changes in analyst estimates for GM suggest positive sentiment regarding the company's business operations and profit generation capabilities [4] - The Zacks Rank system, which incorporates these estimate changes, currently ranks GM as 2 (Buy) [6] Valuation Metrics - GM has a Forward P/E ratio of 4.32, indicating a discount compared to its industry's Forward P/E of 11.13 [7] - The company also has a PEG ratio of 0.69, which is lower than the Automotive - Domestic industry's average PEG ratio of 0.82 [7] Industry Context - The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector, holding a Zacks Industry Rank of 132, placing it in the bottom 48% of over 250 industries [8] - Research indicates that top-rated industries outperform the bottom half by a factor of 2 to 1 [8]
General Motors (GM) Suffers a Larger Drop Than the General Market: Key Insights