Price Target Analysis of General Motors Company (GM)

Ford properties

Ford properties

Rathbone Brothers plc purchased a new position in Ford Motor Company during the third quarter worth approximately $121,000. Eqis Capital Management Inc. now owns 52,605 shares of the auto manufacturer's stock worth $1,671,000 after buying an additional 13,373 shares during the last quarter.

General Motors Company (NYSE:GM) (TSE:GMM.U) has been given a $31.00 price objective by research analysts at Berenberg Bank in a note issued to investors on Thursday. Renaissance Technologies LLC now owns 12,192,909 shares of the auto manufacturer's stock worth $147,900,000 after buying an additional 11,548,700 shares during the last quarter.

While looking at the Stock's Performance, General Motors Company now shows a Weekly Performance of -1.36%, where Monthly Performance is -1.02%, Quarterly performance is 2.09%, 6 Months performance is 19.22% and yearly performance percentage is 18.97%. Equity research analysts have given opinions on where they foresees the stock level.

The company's price to free cash flow for trailing twelve months is 5.25. Finally, Asset Management One Co. Ford Motor Company (NYSE:F) shares were trading -8.72% below from the 52-week high mark of $13.67 and +14.55% above from the 52-week bottom of $10.89. Global X Management Co. Ltd. now owns 6,302,034 shares of the auto manufacturer's stock worth $76,490,000 after buying an additional 5,956,946 shares during the last quarter. Institutional investors and hedge funds own 71.57% of the company's stock.

Ford Motor Company (NYSE:F) opened at 12.48 on Monday.

A 52-week high/low is the highest and lowest price that a stock has traded at during the previous year. Shares of the Company are trading below their 50-day moving average by -1.63%.

General Motors Company (NYSE:GM) may be preparing a rival to Ram Commercial's Ram 4500 Chassis Cab trucks, our sister site GM Authority speculates. The auto manufacturer reported $1.28 EPS for the quarter, beating analysts' consensus estimates of $1.17 by $0.11.

According to Zacks, "General Motors' has a positive record of earnings surprises in recent quarters and is seeing positive estimate revisions for the current quarter The company's capital allocation strategy, investments in plants in the US and emerging markets, product launches and focus on technology development are likely to benefit". Ford Motor Company had a return on equity of 23.23% and a net margin of 3.08%. The company reported the earnings of $1.28/Share in the last quarter where the estimated EPS by analysts was $1.17/share.

Its sales stood at -2.20% a year on average in the period of last five years. Analysts expect that Ford Motor Company will post $1.64 EPS for the current fiscal year. Investors of record on Friday, March 10th will be given a dividend of $0.38 per share. Narrow down four to firm performance, its weekly performance was -0.40% and monthly performance was -1.19%. The ex-dividend date is Wednesday, March 8th. The stock hit its 52-week high price on 4/28/16 and 52-week low price on 11/09/16.

At the movement The Medicines Company (NASDAQ:MDCO) is under coverage by number of analysts. General Motors Company (NYSE:GM) shares shed -2.02% to $36.33 on Friday. Out of rating recommendations 1 have given the stock a Buy while 7 recommend the stock as Outperform. The stock now has an average rating of "Hold" and an average target price of $13.86. Also, insider Ziad S. Ojakli sold 50,309 shares of the stock in a transaction that occurred on Thursday, March 16th. The stock now has a consensus rating of "Hold" and a consensus price target of $13.86. Following the sale, the insider now directly owns 292,815 shares of the company's stock, valued at $3,698,253.45. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider David L. Schoch sold 50,098 shares of the business's stock in a transaction that occurred on Friday, February 17th. The stock was sold at an average price of $37.11, for a total value of $90,362.85. Following the transaction, the insider now owns 243,039 shares in the company, valued at approximately $3,052,569.84. The disclosure for this sale can be found here.

The Stock had a 2.36 Consensus Analyst Recommendation 30 Days Ago, whereas 60 days ago and 90 days ago the analyst recommendations were 2.33 and 2.38 respectively. The company has Beta Value of 1.32 and ATR value of 0.64. Instinet raised General Motors Company from a "neutral" rating to a "buy" rating and increased their target price for the company from $36.00 to $45.00 in a report on Monday, March 6th. The Company's segments include GM North America (GMNA), GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and General Motors Financial Company, Inc (GM Financial).

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GM.