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General Motors (GM) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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In the latest close session, General Motors (GM - Free Report) was down 2.41% at $80.64. The stock fell short of the S&P 500, which registered a loss of 0.77% for the day. Meanwhile, the Dow experienced a drop of 0.67%, and the technology-dominated Nasdaq saw a decrease of 0.92%.
The stock of an automotive manufacturer has fallen by 4.22% in the past month, lagging the Auto-Tires-Trucks sector's gain of 1.52% and the S&P 500's gain of 0.96%.
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 October 20, 2026. It is anticipated that the company will report an EPS of $3.41, marking a 21.79% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $48.33 billion, down 0.53% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $13.4 per share and a revenue of $185.47 billion, signifying shifts of +26.42% and +0.25%, respectively, from the last 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. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.31% higher within the past month. General Motors is currently sporting a Zacks Rank of #2 (Buy).
In terms of valuation, General Motors is currently trading at a Forward P/E ratio of 6.17. This indicates a discount in contrast to its industry's Forward P/E of 16.02.
Investors should also note that GM has a PEG ratio of 0.46 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Automotive - Domestic industry held an average PEG ratio of 0.97.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 37, which puts it in the top 16% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow GM in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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General Motors (GM) Sees a More Significant Dip Than Broader Market: Some Facts to Know
In the latest close session, General Motors (GM - Free Report) was down 2.41% at $80.64. The stock fell short of the S&P 500, which registered a loss of 0.77% for the day. Meanwhile, the Dow experienced a drop of 0.67%, and the technology-dominated Nasdaq saw a decrease of 0.92%.
The stock of an automotive manufacturer has fallen by 4.22% in the past month, lagging the Auto-Tires-Trucks sector's gain of 1.52% and the S&P 500's gain of 0.96%.
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 October 20, 2026. It is anticipated that the company will report an EPS of $3.41, marking a 21.79% rise compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $48.33 billion, down 0.53% from the prior-year quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $13.4 per share and a revenue of $185.47 billion, signifying shifts of +26.42% and +0.25%, respectively, from the last 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. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.31% higher within the past month. General Motors is currently sporting a Zacks Rank of #2 (Buy).
In terms of valuation, General Motors is currently trading at a Forward P/E ratio of 6.17. This indicates a discount in contrast to its industry's Forward P/E of 16.02.
Investors should also note that GM has a PEG ratio of 0.46 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Automotive - Domestic industry held an average PEG ratio of 0.97.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 37, which puts it in the top 16% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow GM in the coming trading sessions, be sure to utilize Zacks.com.