How To Know If General Motors Company (NYSE:GM) Is Expensive At $43.97.

In last trading session, General Motors Company (NYSE:GM) saw 11.86 million shares changing hands with its beta currently measuring 1.46. Company’s recent per share price level of $43.97 trading at -$0.95 or -2.11% at ring of the bell on the day assigns it a market valuation of $50.17B. That closing price of GM’s stock is at a discount of -5.0% from its 52-week high price of $46.17 and is indicating a premium of 40.19% from its 52-week low price of $26.30. Taking a look at company’s average trading volume volume of 14.95 million if we extend that period to 3-months.

General Motors Company (NYSE:GM) trade information

Upright in the red during last session for losing -2.11%, in the last five days GM remained trading in the red while hitting it’s week-highest on Thursday, 05/16/24 when the stock touched $43.97 price level, adding 4.62% to its value on the day. General Motors Company’s shares saw a change of 22.41% in year-to-date performance and have moved -3.34% in past 5-day. General Motors Company (NYSE:GM) showed a performance of -2.51% in past 30-days.

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General Motors Company (GM) estimates and forecasts

Statistics highlight that General Motors Company is scoring comparatively higher than the scores of other players of the relevant industry. The company added 54.17% of value to its shares in past 6 months, showing an annual growth rate of 22.40% while that of industry is 11.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 2.50% from the last financial year’s standing.

13 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 45.06B for the same. And 12 analysts are in estimates of company making revenue of 44.47B in the next quarter. Company posted 44.75B and 44.13B of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 5.58% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 20.62% while estimates for its earnings growth in next 5 years are of 11.35%.

GM Dividends

General Motors Company is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.