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Why General Motors (GM) Dipped More Than Broader Market Today
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In the latest trading session, General Motors (GM - Free Report) closed at $75.52, marking a -2.02% move from the previous day. This move lagged the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw a downswing of 0.03%, while the tech-heavy Nasdaq depreciated by 0.66%.
Shares of the an automotive manufacturer have depreciated by 5.69% over the course of the past month, underperforming the Auto-Tires-Trucks sector's loss of 3.88%, and the S&P 500's loss of 1.21%.
The investment community will be paying close attention to the earnings performance of General Motors in its upcoming release. The company is slated to reveal its earnings on July 21, 2026. The company's upcoming EPS is projected at $3.11, signifying a 22.92% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $46.65 billion, indicating a 0.99% decline compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $12.85 per share and a revenue of $185.27 billion, indicating changes of +21.23% and +0.13%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for General Motors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.04% higher. General Motors presently features a Zacks Rank of #2 (Buy).
In terms of valuation, General Motors is currently trading at a Forward P/E ratio of 6. This indicates a discount in contrast to its industry's Forward P/E of 20.24.
Investors should also note that GM has a PEG ratio of 0.39 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Automotive - Domestic industry stood at 1.02 at the close of the market yesterday.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 106, finds itself in the top 44% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
View the Zacks #1 Rank List
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Why General Motors (GM) Dipped More Than Broader Market Today
In the latest trading session, General Motors (GM - Free Report) closed at $75.52, marking a -2.02% move from the previous day. This move lagged the S&P 500's daily loss of 0.22%. Elsewhere, the Dow saw a downswing of 0.03%, while the tech-heavy Nasdaq depreciated by 0.66%.
Shares of the an automotive manufacturer have depreciated by 5.69% over the course of the past month, underperforming the Auto-Tires-Trucks sector's loss of 3.88%, and the S&P 500's loss of 1.21%.
The investment community will be paying close attention to the earnings performance of General Motors in its upcoming release. The company is slated to reveal its earnings on July 21, 2026. The company's upcoming EPS is projected at $3.11, signifying a 22.92% increase compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $46.65 billion, indicating a 0.99% decline compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $12.85 per share and a revenue of $185.27 billion, indicating changes of +21.23% and +0.13%, respectively, from the former year.
Investors might also notice recent changes to analyst estimates for General Motors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.04% higher. General Motors presently features a Zacks Rank of #2 (Buy).
In terms of valuation, General Motors is currently trading at a Forward P/E ratio of 6. This indicates a discount in contrast to its industry's Forward P/E of 20.24.
Investors should also note that GM has a PEG ratio of 0.39 right now. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The average PEG ratio for the Automotive - Domestic industry stood at 1.02 at the close of the market yesterday.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 106, finds itself in the top 44% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.