Analyst EPS Estimates Scan: General Motors Company (GM)

Analyst EPS Estimates Scan: General Motors Company (GM)

Analyst EPS Estimates Scan: General Motors Company (GM)

It worsened, as 75 investors sold GM shares while 286 reduced holdings. In contrast to the year ago quarter EPS was at 0.61. The auto manufacturer reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.13. BlackRock Inc. grew its position in shares of Ford Motor by 2.4% in the 2nd quarter.

General Motors Company (GM)'s RSI (Relative strength index) is at 88.38, its ATR (Average True Range) value is 0.72, while its Beta factor was calculated at 1.46. State of Alaska Department of Revenue now owns 3,249 shares of the auto manufacturer's stock worth $113,000 after purchasing an additional 310 shares in the last quarter. Ford Motor Company (NYSE:F) has declined 16.63% since October 5, 2016 and is downtrending. Following the transaction, the insider now directly owns 76,358 shares in the company, valued at $878,117. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The shares were sold at an average price of $35.57, for a total value of $289,682.08. Following the purchase, the director now owns 4,560 shares in the company, valued at $158,961.60. The disclosure for this sale can be found here. 14% of insider trades in the last 12 months were buys, and 86% were sells. If you are viewing this piece of content on another publication, it was stolen and republished in violation of United States & global trademark & copyright legislation.

TRADEMARK VIOLATION WARNING: "General Motors' (GM) "Buy" Rating Reiterated at Instinet" was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. The analysts estimated EPS for the higher end at 0.54 and lower end at 0.38 while the year ago reported earnings per share was 0.42. 10,743,626 shares of the company's stock were exchanged.

Shares of the company are trading at $12.25 which is slightly above the 50 day moving average of $11.40 and which is just a bit higher than the 200 day moving average of $11.28. UBS maintained the stock with "Buy" rating in Friday, April 29 report. The average 1 year price target among analysts that have issued a report on the stock in the last year is $12.51.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 26th. After $1.89 actual earnings per share reported by General Motors Company for the previous quarter, Wall Street now forecasts -42.86 % negative EPS growth. The firm had revenue of $36.93 billion during the quarter, compared to the consensus estimate of $37.22 billion. During the same quarter a year ago, the firm posted $1.86 EPS. The business's quarterly revenue was down 1.1% compared to the same quarter a year ago. General Motors Company (GM) now has a 14-day Commodity Channel Index (CCI) of 139.64. Ford Motor Company also recently declared a dividend for shareholders which was paid on Friday September 1st, 2017. Stockholders of record on Friday, September 8th were given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.47%. Capital World Investors increased its position in shares of General Motors by 5.0% during the second quarter.

Several equities research analysts have recently commented on the stock. Chicago-based equity research firm Zacks Investment Research has assigned this stock ABR (Average Brokerage Recommendation) of 2, indicating analysts in general look favorably on the company's future prospects. Jefferies initiated General Motors Company (NYSE:GM) rating on Tuesday, August 9. On the flip side, if the indicator goes under -80, this may signal that the stock is oversold. Finally, Deutsche Bank AG reiterated a "buy" rating and set a $51.00 target price on shares of General Motors in a report on Monday.

Among 22 analysts covering Debenhams PLC (LON:DEB), 2 have Buy rating, 6 Sell and 14 Hold.

On September 21 Morgan Stanley left the company rating at "Overweight" but raised the price expectation to $43.00 from $40.00.

General Motors Company (GM)'s Williams Percent Range or 14 day Williams %R is sitting at -6.18. 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. The Company provides automotive financing services through General Motors Financial Company, Inc The Company develops, manufactures and/or markets vehicles in North America under the brands, including Buick, Cadillac, Chevrolet and GMC.

A number of other research firms have also weighed in on GM.

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