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Why General Motors (GM) Outpaced the Stock Market Today
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General Motors (GM - Free Report) closed the most recent trading day at $80.23, moving +2.5% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.66%. Meanwhile, the Dow gained 0.18%, and the Nasdaq, a tech-heavy index, added 1.05%.
Heading into today, shares of the an automotive manufacturer had lost 10.81% over the past month, lagging the Auto-Tires-Trucks sector's loss of 3.2% and the S&P 500's gain of 0.55%.
Market participants will be closely following the financial results of General Motors in its upcoming release. The company plans to announce its earnings on October 20, 2026. The company is expected to report EPS of $3.41, up 21.79% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $48.33 billion, indicating a 0.53% downward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $13.4 per share and revenue of $185.47 billion. These totals would mark changes of +26.42% and +0.25%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for General Motors. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.27% higher. General Motors is holding a Zacks Rank of #2 (Buy) right now.
Digging into valuation, General Motors currently has a Forward P/E ratio of 5.84. This represents a discount compared to its industry average Forward P/E of 15.63.
It is also worth noting that GM currently has a PEG ratio of 0.44. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. GM's industry had an average PEG ratio of 0.96 as of yesterday's close.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 56, finds itself in the top 23% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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) Outpaced the Stock Market Today
General Motors (GM - Free Report) closed the most recent trading day at $80.23, moving +2.5% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.66%. Meanwhile, the Dow gained 0.18%, and the Nasdaq, a tech-heavy index, added 1.05%.
Heading into today, shares of the an automotive manufacturer had lost 10.81% over the past month, lagging the Auto-Tires-Trucks sector's loss of 3.2% and the S&P 500's gain of 0.55%.
Market participants will be closely following the financial results of General Motors in its upcoming release. The company plans to announce its earnings on October 20, 2026. The company is expected to report EPS of $3.41, up 21.79% from the prior-year quarter. Alongside, our most recent consensus estimate is anticipating revenue of $48.33 billion, indicating a 0.53% downward movement from the same quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $13.4 per share and revenue of $185.47 billion. These totals would mark changes of +26.42% and +0.25%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for General Motors. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.27% higher. General Motors is holding a Zacks Rank of #2 (Buy) right now.
Digging into valuation, General Motors currently has a Forward P/E ratio of 5.84. This represents a discount compared to its industry average Forward P/E of 15.63.
It is also worth noting that GM currently has a PEG ratio of 0.44. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. GM's industry had an average PEG ratio of 0.96 as of yesterday's close.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry, currently bearing a Zacks Industry Rank of 56, finds itself in the top 23% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in 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.