Group 1: Company Performance - General Motors (GM) ended the recent trading session at $57.34, showing a -1.15% change from the previous day's closing price, lagging behind the S&P 500's daily gain of 0.3% [1] - Over the past month, GM shares have gained 7.11%, outperforming the Auto-Tires-Trucks sector's gain of 5.64% and the S&P 500's gain of 2.09% [1] Group 2: Earnings Expectations - The upcoming earnings report for GM is anticipated to show an EPS of $2.32, reflecting a 21.62% decline compared to the same quarter last year, with projected net sales of $44.27 billion, down 9.19% from the year-ago period [2] - For the full year, analysts expect earnings of $9.44 per share and revenue of $179.81 billion, indicating changes of -10.94% and -4.07%, respectively, from the previous year [3] Group 3: Analyst Estimates and Valuation - Recent changes to analyst estimates for GM suggest a correlation with short-term business patterns, with positive revisions indicating optimism about the business outlook [4] - The Zacks Rank system, which incorporates estimate changes, currently rates GM as a 3 (Hold), with a consensus EPS projection moving 0.24% higher in the past 30 days [6] - GM is trading at a Forward P/E ratio of 6.15, which is a discount compared to the industry average Forward P/E of 14.43, and has a PEG ratio of 1.22, compared to the average PEG ratio for the Automotive - Domestic industry of 2.47 [7] Group 4: Industry Context - The Automotive - Domestic industry, part of the Auto-Tires-Trucks sector, has a Zacks Industry Rank of 164, placing it in the bottom 34% of all 250+ industries [8]
General Motors (GM) Stock Declines While Market Improves: Some Information for Investors