Analysts think that the market is punishing General Motors Company (NYSE:GM) because the company is not realizing its huge potential. It’s almost a consensus amongst major analysts that GM is highly undervalued. Recently, Morgan Stanley said in a report that GM has a potential to cross $50 mark if its management could reposition Cadillac against Tesla and take steps to unlock shareholder value.
General Motors is expected to gain from its rising sales in China. In the US, things have started to take a good turn as auto sales in August jumped 4.1%. Another excellent reason to buy General Motors is that legendary investor Warren Buffett is among the top shareholders of the company.
Over the current book year the total revenue will be 147,81 billion USD (consensus estimates). This is hugely lower than 2016's revenue of 166,38 billion USD.
Historical revenues and results General Motors plus estimates 2017
The analysts expect for 2017 a net profit of 9,14 billion USD. For this year most of the analysts expect a profit per share of 6,13 USD. Based on this the price/earnings-ratio is 6,31.
For this year the analysts expect a dividend of 1,5 USD per share. Thus the dividend yield equals 3,88 percent. The average dividend yield of the automobile producers equals a limited 0,90 percent. Based on the current number of outstanding shares General Motors
's market capitalization 58,05 billion USD. On Tuesday the stock closed at 38,7 USD.
Historical stock prices General Motors past 10 years
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