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Why the Market Dipped But General Motors (GM) Gained Today
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In the latest close session, General Motors (GM - Free Report) was up +1.98% at $84.00. This change outpaced the S&P 500's 0.02% loss on the day. Meanwhile, the Dow experienced a drop of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.15%.
The an automotive manufacturer's stock has dropped by 5.5% in the past month, falling short of the Auto-Tires-Trucks sector's loss of 1.09% and the S&P 500's gain of 2.05%.
The upcoming earnings release of General Motors will be of great interest to investors. The company's earnings report is expected on October 20, 2026. The company's upcoming EPS is projected at $3.52, signifying a 25.71% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $47.59 billion, indicating a 2.06% decrease compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $13.54 per share and revenue of $182.87 billion. These totals would mark changes of +27.74% and -1.16%, respectively, from last year.
It is also important to note the 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.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.69% higher. As of now, General Motors holds a Zacks Rank of #3 (Hold).
Investors should also note General Motors's current valuation metrics, including its Forward P/E ratio of 6.09. This signifies a discount in comparison to the average Forward P/E of 15.92 for its industry.
One should further note that GM currently holds a PEG ratio of 0.46. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Automotive - Domestic industry had an average PEG ratio of 0.95.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. Currently, this industry holds a Zacks Industry Rank of 88, positioning it in the top 36% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
To follow GM in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Why the Market Dipped But General Motors (GM) Gained Today
In the latest close session, General Motors (GM - Free Report) was up +1.98% at $84.00. This change outpaced the S&P 500's 0.02% loss on the day. Meanwhile, the Dow experienced a drop of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.15%.
The an automotive manufacturer's stock has dropped by 5.5% in the past month, falling short of the Auto-Tires-Trucks sector's loss of 1.09% and the S&P 500's gain of 2.05%.
The upcoming earnings release of General Motors will be of great interest to investors. The company's earnings report is expected on October 20, 2026. The company's upcoming EPS is projected at $3.52, signifying a 25.71% increase compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $47.59 billion, indicating a 2.06% decrease compared to the same quarter of the previous year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $13.54 per share and revenue of $182.87 billion. These totals would mark changes of +27.74% and -1.16%, respectively, from last year.
It is also important to note the 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.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.69% higher. As of now, General Motors holds a Zacks Rank of #3 (Hold).
Investors should also note General Motors's current valuation metrics, including its Forward P/E ratio of 6.09. This signifies a discount in comparison to the average Forward P/E of 15.92 for its industry.
One should further note that GM currently holds a PEG ratio of 0.46. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Automotive - Domestic industry had an average PEG ratio of 0.95.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. Currently, this industry holds a Zacks Industry Rank of 88, positioning it in the top 36% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our 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.
To follow GM in the coming trading sessions, be sure to utilize Zacks.com.