General Motors Co Stock Hold Recommendation Reiterated (GM)
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- Compared to its closing price of one year ago, GM's share price has jumped by 38.85%, exceeding the performance of the broader market during that same time frame. Regarding the stock's future course, our hold rating indicates that we do not recommend additional investment in this stock despite its gains in the past year.
- GM's revenue growth trails the industry average of 14.4%. Since the same quarter one year prior, revenues slightly increased by 2.3%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
- Net operating cash flow has significantly increased by 66.07% to $3,383.00 million when compared to the same quarter last year. Despite an increase in cash flow of 66.07%, GENERAL MOTORS CO is still growing at a significantly lower rate than the industry average of 122.79%.
- GENERAL MOTORS CO's earnings per share declined by 13.6% in the most recent quarter compared to the same quarter a year ago. Earnings per share have declined over the last two years. We anticipate that this should continue in the coming year. During the past fiscal year, GENERAL MOTORS CO reported lower earnings of $4.62 versus $8.13 in the prior year. For the next year, the market is expecting a contraction of 30.3% in earnings ($3.22 versus $4.62).
- The company, on the basis of change in net income from the same quarter one year ago, has underperformed when compared to that of the S&P 500 and greatly underperformed compared to the Automobiles industry average. The net income has decreased by 13.0% when compared to the same quarter one year ago, dropping from $2,107.00 million to $1,833.00 million.
--Written by a member of TheStreet Ratings Staff. HOLIDAY SPECIAL: Let Jim Cramer show you every trade he is making in his $2.5 Million portfolio. Join now for 14-days FREE. Sign up today to get e-mail alerts before every trade
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