General Motors Co (GM): Today's Featured Automotive Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

General Motors ( GM) pushed the Automotive industry lower today making it today's featured Automotive laggard. The industry as a whole closed the day down 0.7%. By the end of trading, General Motors fell 44 cents (-1.7%) to $24.82 on average volume. Throughout the day, 9.6 million shares of General Motors exchanged hands as compared to its average daily volume of nine million shares. The stock ranged in price between $24.75-$25.18 after having opened the day at $24.93 as compared to the previous trading day's close of $25.26. Other companies within the Automotive industry that declined today were: Coastal Contacts ( COA), down 5.8%, SORL Auto Parts ( SORL), down 4%, Meritor ( MTOR), down 3.6%, and Supreme Industries ( STS), down 3.6%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. General Motors has a market cap of $39.21 billion and is part of the consumer goods sector. The company has a P/E ratio of 9.4, below the S&P 500 P/E ratio of 17.7. Shares are up 24.6% year to date as of the close of trading on Monday. Currently there are 11 analysts that rate General Motors a buy, one analyst rates it a sell, and three rate it a hold.

TheStreet Ratings rates General Motors as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and poor profit margins.

On the positive front, Westport Innovations ( WPRT), up 3.9%, Quantum Fuel Systems Technologies Worldwide ( QTWW), up 3.6%, Wabco Holdings Incorporated ( WBC), up 1.8%, and Accuride ( ACW), up 1.7%, were all gainers within the automotive industry with Tesla Motors ( TSLA) being today's featured automotive industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the automotive industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!.

null

More from Markets

Dow Rises for First Time in 9 Days, Oil Soars as OPEC Agrees to Boost Output

Dow Rises for First Time in 9 Days, Oil Soars as OPEC Agrees to Boost Output

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

OPEC Deal Doesn't Boost Production Enough to Drive Down Crude, Gasoline Prices

Jim Cramer: Some Industrials Stocks Are Becoming Great Values

Jim Cramer: Some Industrials Stocks Are Becoming Great Values

Jim Cramer Reacts to Toni Sacconaghi's Latest Tesla Note

Jim Cramer Reacts to Toni Sacconaghi's Latest Tesla Note

Howard Schultz to Jim Cramer: Starbucks Stock Is Cheap and Undervalued

Howard Schultz to Jim Cramer: Starbucks Stock Is Cheap and Undervalued