DETROIT – General Motors on Tuesday reported a 1.5% decline in first quarter U.S. vehicle sales compared to a year ago, as the overall auto industry normalizes after years of disruptions and volatile results.The Detroit automaker said the decline to 594,233 vehicles sold during the first three months of the year was largely due to a 22.9% year-over-year decline in sales to fleet customers. Retail sales to customers were up 6%, GM said.Sales of GM's all-electric vehicles, closely watched by Wall Street, rema ...

jetcityimage Over the last few months, shares of automotive giant General Motors (NYSE:GM) have been on a real tear. Since I last wrote about the company in the middle of December of 2023, for instance, shares have seen an upside of 26.9%. That dwarfs the 10% increase seen by the S&P 500 over the same window of time. This comes about even as revenue and cash flows have shown signs of weakness. It also makes abundantly clear the fact that analysts don't always get things right. Of the last 10 articles publis ...

General Motors Company (GM) ended the recent trading session at $45.40, demonstrating a +0.11% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.2%. At the same time, the Dow lost 0.6%, and the tech-heavy Nasdaq gained 0.11%.The company's stock has climbed by 10.64% in the past month, exceeding the Auto-Tires-Trucks sector's loss of 1.71% and the S&P 500's gain of 3.32%.The investment community will be closely monitoring the performance of General Motors Company ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider General Motors Company (GM) . This company, which is in the Zacks Automotive - Domestic industry, shows potential for another earnings beat.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 17.31%, on average, in the last two qu ...

General Motors Company (NYSE:GM) BofA Securities 2024 Automotive Summit March 26, 2024 9:40 AM ET Company Participants Paul Jacobson - CFO Conference Call Participants John Murphy - Bank of America Securities John Murphy Thanks everybody for coming back. Next up we have General Motors, a company that we believe and we think is arguably recognized many of the industry megatrends long before everybody else really in the industry. They've taken actions to rationalize the business in some reasonably aggressive ...

It's not just the high-flying tech stocks that are performing well lately. Established carmaker General Motors (GM -0.83%) has seen its shares soar 45% just in the last four months as investor sentiment shifts into high gear. That gain beats the S&P 500 during the same period.There are a lot of different factors to consider before investors can decide what to do with GM as it relates to their portfolios. Let's analyze both the positive and negative factors surrounding this business and stock.The bullish cas ...

General Motors (GM) is a Zacks Rank #1 (Strong Buy) that has a A for Value and D for Growth.  This stock automotive company has a great valuation and has been running hard since the most recent earnings beat.  Let’s explore more about this company in this Bull of The Day article.DescriptionGeneral Motors Co. engages in the designing, manufacturing, and selling of trucks, crossovers, cars, and automobile parts, and in providing software-enabled services and subscriptions. It operates through the following se ...

Have you been paying attention to shares of General Motors Company (GM) ? Shares have been on the move with the stock up 8.5% over the past month. The stock hit a new 52-week high of $42.89 in the previous session. General Motors Company has gained 19.3% since the start of the year compared to the -6.4% move for the Zacks Auto-Tires-Trucks sector and the -23.2% return for the Zacks Automotive - Domestic industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, a ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, March 19th:Velocity Financial (VEL) : This property mortgage solutions company which offers property loans for real estate investors and small business owners, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.2% over the last 60 days.Velocity Financial’s shares gained 15.4% over the last three month compared with the S&P 500’s gain of ...

General Motors Company (GM) closed at $40.82 in the latest trading session, marking a +0.32% move from the prior day. This move lagged the S&P 500's daily gain of 0.63%. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.82%.The company's shares have seen an increase of 5.14% over the last month, surpassing the Auto-Tires-Trucks sector's loss of 5.42% and the S&P 500's gain of 1.76%.The upcoming earnings release of General Motors Company will be of great ...