General Motors (GM) Increases Yet Falls Behind Market: What Investors Need to Know

Group 1 - General Motors (GM) stock closed at $47.44, with a daily increase of +0.51%, underperforming the S&P 500's gain of 0.55% [1] - Over the past month, GM shares experienced a loss of 1.52%, which is significantly better than the Auto-Tires-Trucks sector's loss of 17.9% and the S&P 500's loss of 5.56% [1] Group 2 - GM is projected to report earnings of$ 2.70 per share, reflecting a year-over-year growth of 3.05%, with quarterly revenue expected at $42.7 billion, down 0.73% from the previous year [2] - For the full year, earnings are estimated at$ 11.46 per share and revenue at $180.2 billion, showing changes of +8.11% and -3.87% respectively from the prior year [3] Group 3 - Recent changes in analyst estimates for GM indicate a positive outlook, with a 1.52% rise in the Zacks Consensus EPS estimate over the past month [5] - GM currently holds a Zacks Rank of 2 (Buy), which has historically outperformed the market [5] Group 4 - GM's Forward P/E ratio stands at 4.12, significantly lower than the industry average of 11.2, suggesting that GM is trading at a discount [6] - The PEG ratio for GM is 0.66, compared to the industry average of 1.14, indicating favorable valuation metrics [6] Group 5 - The Automotive - Domestic industry, which includes GM, has a Zacks Industry Rank of 158, placing it in the bottom 38% of over 250 industries [7] - The Zacks Industry Rank assesses the performance potential of industry groups based on the average Zacks Rank of individual stocks [7]