Now trading at a price of $58.53, General Motors has moved 5.1% so far today.
General Motors returned gains of 105.4% last year, with its stock price reaching a high of $59.39 and a low of $27.94. Over the same period, the stock outperformed the S&P 500 index by 74.2%. More recently, the company's 50-day average price was $50.74. General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts; and provide software-enabled services and subscriptions worldwide. Based in Detroit, MI, the Large-Cap Consumer Discretionary company has 163,000 full time employees. General Motors has offered a 0.8% dividend yield over the last 12 months.
Growing Revenues but an Average Current Ratio:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $147,049 | $137,237 | $122,485 | $127,004 | $156,735 | $171,842 |
| Operating Margins | 3% | 4% | 5% | 7% | 7% | 5% |
| Net Margins | 5% | 5% | 5% | 8% | 6% | 6% |
| Net Income (M) | $8,014 | $6,732 | $6,427 | $10,019 | $9,934 | $10,127 |
| Net Interest Expense (M) | $2,596 | $1,469 | $4,121 | $3,041 | $1,432 | $1,537 |
| Depreciation & Amort. (M) | $13,142 | $14,060 | $12,676 | $12,047 | $11,276 | $11,737 |
| Diluted Shares (M) | 1,431 | 1,439 | 1,442 | 1,468 | 1,454 | 1,369 |
| Earnings Per Share | $5.53 | $4.57 | $4.33 | $6.7 | $6.13 | $7.32 |
| EPS Growth | n/a | -17.36% | -5.25% | 54.73% | -8.51% | 19.41% |
| Avg. Price | $34.67 | $35.91 | $30.12 | $55.35 | $42.86 | $58.53 |
| P/E Ratio | 6.18 | 7.77 | 6.91 | 8.16 | 6.95 | 7.96 |
| Free Cash Flow (M) | $6,495 | $7,429 | $11,370 | $7,679 | $6,805 | $9,960 |
| CAPEX (M) | $8,761 | $7,592 | $5,300 | $7,509 | $9,238 | $10,970 |
| EV / EBITDA | 1.63 | 1.71 | 1.26 | 2.81 | 2.09 | 4.82 |
| Total Debt (M) | $935 | $1,897 | $1,276 | $463 | $1,959 | $38,540 |
| Net Debt / EBITDA | -1.13 | -0.88 | -0.97 | -0.92 | -0.8 | 0.94 |
| Current Ratio | 0.92 | 0.88 | 1.01 | 1.1 | 1.1 | 1.08 |
General Motors has growing revenues and increasing reinvestment in the business and generally positive cash flows. Additionally, the company's financial statements display positive EPS growth and healthy leverage levels. Furthermore, General Motors has weak operating margins with a positive growth rate and just enough current assets to cover current liabilities, as shown by its current ratio of 1.08.
General Motors Has Attractive Multiples and Trades Below Its Fair Value:
General Motors has a trailing twelve month P/E ratio of 5.4, compared to an average of 22.6 for the Consumer Discretionary sector. Based on its EPS guidance of $10.57, the company has a forward P/E ratio of 4.8. The 9.7% compound average growth rate of General Motors's historical and projected earnings per share yields a PEG ratio of 0.56. This suggests that its shares are undervalued. Additionally, the market is possibly undervaluing General Motors in terms of its equity because its P/B ratio is 0.91 whereas the sector average is 3.19. The company's shares are currently trading -33.4% above their Graham number.
General Motors Has an Average Rating of Buy:
The 25 analysts following General Motors have set target prices ranging from $38.0 to $85.0 per share, for an average of $59.26 with a buy rating. The company is trading -1.2% away from its average target price, indicating that there is an analyst consensus of some upside potential.
General Motors has an average amount of shares sold short because 3.1% of the company's shares are sold short. Institutions own 87.3% of the company's shares, and the insider ownership rate stands at 0.22%, suggesting a small amount of insider investors. The largest shareholder is Blackrock Inc., whose 10% stake in the company is worth $6,133,885,166.
