General Motors Company (NYSE:GM) registered a -1.36% decrease, still its new closing price is 45.46% up from the company’s 1 year high of 38.38.It posted 0.00% gains in previous 5 sessions and is now the subject of 13 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 1 sells versus 3 buy or better ratings. The 23 stock analysts following this company have an average price target at $38.45, with individual PT in the $29.00-$50.00 range. The shares moved at $37.01, implying that brokerage firms see shares gaining about 33.78% in twelve months time.
General Motors Company (GM) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 6.23% rise year to date. A Executive Vice President at General Motors Company (GM) offloaded shares in a transaction closed on Monday January 09, 2017. Jacoby Stefan sold 2,540 shares in the company at $36.12 each and collected $91,001 in proceeds. Jacoby Stefan now owns 16,230 shares in the company after this transaction. A President in the company, Ammann Daniel, disclosed a transaction on Friday December 09, 2016 that ended up generating $370,000 from the sale of 10,000 shares at $37 per share.
General Motors Company (NYSE:GM) Upcoming Results on Tap
General Motors Company will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $1.79 in that period. Sales during the quarter are predicted to arrive at $38.44 billion.
Earnings surprise history: Last quarter, the company posted approximately $42.83 billion in revenue and EPS of $1.72. The mean forecast was for $39.29 billion and $1.45 a share, respectively. One quarter earlier, revenue for the stock was at $42.37 billion, with earnings at $1.86/share.
General Motors Company (GM) Brokerage Update
General Motors Company (GM) is in BofA/Merrill’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Buy by BofA/Merrill, according to news reported on Wednesday October 26, 2016.Another important research note was issued by Morgan Stanley on Monday September 19, 2016.The firm upgraded GM to Overweight from Equal-Weight. Over the last six months and over the last three months, the shares of General Motors Company (GM), have changed 22.17% and 18.47%, respectively.