News articles about General Motors (NYSE:GM) (TSE:GMM.U) have been trending neutral recently, InfoTrie reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. General Motors earned a media sentiment score of 0.46 on their scale. InfoTrie also assigned news stories about the auto manufacturer an news buzz score of 4 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have effected General Motors’ analysis:
- Pontiac Mayor says GM’s plan to move employees to Warren wont hurt economy (wxyz.com)
- GM Sells Hundreds Of Thousands Of Trucks, But Isn’t Interested In Building An EV Pickup (carscoops.com)
- Another GM asbestos-related lawsuit resolved (crescent-news.com)
- Why GM is moving 3,000 workers from Pontiac to Warren (freep.com)
- General Motors: Sell (seekingalpha.com)
General Motors stock traded down $0.87 during mid-day trading on Friday, hitting $35.70. The company had a trading volume of 9,036,634 shares, compared to its average volume of 15,505,976. The company has a current ratio of 0.89, a quick ratio of 0.76 and a debt-to-equity ratio of 1.75. General Motors has a 12-month low of $30.56 and a 12-month high of $45.52. The firm has a market cap of $52.05 billion, a PE ratio of 5.39, a P/E/G ratio of 0.70 and a beta of 1.25.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 20th. Stockholders of record on Friday, December 7th will be given a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, December 6th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 4.26%. General Motors’s dividend payout ratio (DPR) is 22.96%.
Several equities analysts recently weighed in on GM shares. Citigroup cut their price target on shares of General Motors to $60.00 and set a “buy” rating on the stock in a report on Thursday, July 26th. Zacks Investment Research downgraded shares of General Motors from a “hold” rating to a “strong sell” rating in a report on Wednesday, September 5th. Morgan Stanley cut their price target on shares of General Motors from $50.00 to $46.00 and set an “overweight” rating on the stock in a report on Friday, August 17th. Goldman Sachs Group set a $36.00 price objective on General Motors and gave the stock a “neutral” rating in a research report on Tuesday, September 11th. Finally, Bank of America restated a “buy” rating and issued a $60.00 price objective on shares of General Motors in a research report on Wednesday, September 12th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $46.38.
About General Motors
General Motors Company, together with its subsidiaries, designs, builds, and sells cars, trucks, crossovers, and automobile parts worldwide. The company operates through GM North America, GM International, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, Jiefang, and Wuling brand names.
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