<- Go home

Added to YB: 2024-07-04

Pitch date: 2024-07-03

GM [bullish]

General Motors Company

+76.14%

current return

Author Info

No bio for this author

Company Info

General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide.

Market Cap

$71.3B

Pitch Price

$45.92

Price Target

84.00 (+4%)

Dividend

0.79%

EV/EBITDA

15.17

P/E

15.95

EV/Sales

0.99

Sector

Automobiles

Category

growth

Show full summary:
General Motors Company: Second-Quarter US Sales Are the Company’s Best Since 2020

GM: Q2 US sales +0.6% YoY, best since Q4 2020. Full-size pickups +5% YTD. Low 4% incentives. Reduced costs, $300B 2030 rev target, 12-14% EBIT margin. $84 PT on $10B buyback. Risks: recession, competition. No moat. 5% midcycle auto EBIT margin. $36.3B auto liquidity. Standard capital allocation.

Read full article (10 min)