Unusual Volume Spikes For: General Motors Company (GM)

One Stock Analysts Are Watching – General Motors Company (NYSE:GM)
Can General Motors Company (NYSE:GM) Achieve EPS Of $1.3967?
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30 March, 2017

They expect $1.49 earnings per share, up 18.25% or $0.23 from last year's $1.26 per share. Well, according to what we could find, analysts had been looking for the company to post net income of about $-0.19 per share on $103.09M in revenue. Jacobi Capital Management LLC raised its stake in Ford Motor Company by 0.6% in the third quarter. Morgan Stanley raised its stake in shares of Ford Motor Company by 22.4% in the third quarter. AMP Capital Investors Ltd now owns 1,873,167 shares of the auto manufacturer's stock worth $22,422,000 after buying an additional 533,141 shares during the last quarter. Its Target Price was fixed at 119.99 at an IPO Date of 8/18/1976. The Relative Volume value measured for General Motors Company (GM) is 1.96. MA ended last trade at $52.40 a share and the price is up more than 3.98% so far this year.

Shares of Ford Motor Company (NYSE:F) traded up 0.26% during mid-day trading on Wednesday, reaching $11.68. The company's market cap is $51.54 Billion, and the average volume is $15.21 Million. The analysts, on average, are forecasting a $39.75 price target, but the stock is already up 34.41% from its recent lows.

Shares of Ford Motor Company (NYSE:F) have been on a recent steady downtrend, causing some worry for shareholders. The firm shows a 20-Day Simple Moving Average of -0.03% with a 200-Day Simple Moving Average of -1.24%. However a year ago during same quarter General Motors Company (NYSE:GM) reported $1.26 EPS. F's profit will be $1.79B for 6.47 P/E if the $0.45 EPS becomes a reality. Dimensional Fund Advisors LP increased its position in shares of General Motors Company by 1.3% in the fourth quarter. During the same period a year ago, the firm posted $0.58 EPS. The stock touched its high share price of $38.55 on Mar 6, 2017 and the stock also touched its Lowest price in the last 52-weeks of trading on Jun 27, 2016 as $27.34. Vetr upgraded General Motors Company from a "sell" rating to a "hold" rating and set a $36.40 target price on the stock in a research note on Monday, December 12th.

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 1st. This represents a $0.60 annualized dividend and a yield of 5.15%. Howland Capital Management LLC raised its position in Ford Motor Company by 1.4% in the third quarter.

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More news: Retail sales rise 3.7% in February

Several equities research analysts have recently issued reports on F shares.

12/01/2016 - Macquarie began new coverage on Ford Motor Company giving the company a "neutral" rating. These price targets are a consensus analysis of 20 brokers. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. Out of 21 brokerage recommendations, 1 gave a Strong Buy, 6 issued a Buy, 13 issued Hold, 1 rated Under-perform and 0 issued a Sell.

General Motors Company's consensus price target is around $39.75 a share.

In related news, insider Bennie W. Fowler sold 92,528 shares of the business's stock in a transaction that occurred on Thursday, March 2nd. Following the sale, the insider now directly owns 292,815 shares in the company, valued at $3,698,253.45. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Hau N. Thai-Tang sold 17,499 shares of the business's stock in a transaction that occurred on Wednesday, January 4th. Traders may use these numbers to help figure out the current value of a stock, and to try to predict future price movement. Following the completion of the transaction, the insider now directly owns 16,230 shares of the company's stock, valued at approximately $586,227.60.

In the company's last quarter, STNG EPS moved to $-0.18 from $-0.11 compared sequentially with the prior quarter. The Firm provides automotive financing services through General Motors Financial Company, Inc.


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