Group 1: Company Performance - General Motors (GM) shares closed at $47.25, reflecting a -0.88% change from the previous day, underperforming compared to the S&P 500's loss of 0.53% [1] - Over the last month, GM's shares increased by 4.84%, which is lower than the Auto-Tires-Trucks sector's gain of 9.42% and the S&P 500's gain of 5.17% [1] - GM is projected to report earnings of $2.54 per share, indicating a year-over-year decline of 16.99%, with expected revenue of $45.37 billion, a 5.41% drop compared to the previous year [2] Group 2: Financial Estimates - Full-year estimates for GM indicate earnings of $9.31 per share and revenue of $177.57 billion, representing year-over-year changes of -12.17% and -5.27%, respectively [3] - Recent revisions to analyst estimates reflect evolving short-term business trends, with upward revisions indicating analysts' positive outlook on GM's operations [4] Group 3: Valuation Metrics - GM's current Forward P/E ratio is 5.12, which is below the industry average of 10.43, suggesting a valuation discount [7] - GM's PEG ratio stands at 1.28, compared to the Automotive - Domestic industry's average PEG ratio of 1.08 [7] Group 4: Industry Context - The Automotive - Domestic industry, part of the Auto-Tires-Trucks sector, holds a Zacks Industry Rank of 218, placing it in the bottom 12% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
General Motors (GM) Registers a Bigger Fall Than the Market: Important Facts to Note