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Published: Wed, February 08, 2017
Economy | By Melissa Porter

GM Shares Plunge after Earnings

GM Shares Plunge after Earnings

The stock has a consensus rating of "Buy" and a consensus target price of $13.82.

Other than top- and bottom-line expectations, investors and analysts will also be watching for what lies ahead. General Motors Company stock trades in the range of $35.68 to $36.33 before the earnings release.

09/20/2016 - Ford Motor Company was downgraded to " by analysts at Buckingham Research. This rating was issued on 2/03/17. The stock has been active on the tape, now trading at $12.56, up from yesterday's close by 2.28%. The company has a consensus rating of "Buy" and an average price target of $13.82. Year to Date performance value (YTD perf) value is 5.71%. The stock's 50 day moving average price is $36.03 and its 200 day moving average price is $32.60. Looking at the stock's movement on the chart, Ford Motor Company recorded a 52-week high of $13.67.

In recent action, Ford Motor Company (F) has made a move of -1.64% over the past month, which has come on Strong relative transaction volume.

If we have a peek on EPS and surprise factor history during last four quarters, for the previous quarter ended on 9/2016, the consensus mean EPS was $1.44 while General Motors Company (NYSE:GM) reported $1.72 EPS on 10/25/2016 Before Market Open with a difference of 0.28 marking a surprise factor of 19.44%. In addition, the company forecast fiscal 2017 earnings in line with analysts' estimates. Ford Motor Company had a return on equity of 23.23% and a net margin of 3.08%. The company's revenue was up 2.1% compared to the same quarter past year. During the same quarter past year, the business earned $0.58 earnings per share.

On average, Wall Street analysts expect General Motors stock to generate $41.5 billion of revenue, which would represent a 4.7% increase year-over-year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 1st.

The stock now has its Annual Dividend of $0.6 and an annual Dividend Yield of 4.78 Percent.

In the last Quarter, Ford Motor Co. The original version of this report can be accessed at https://sportsperspectives.com/2017/02/07/groesbeck-investment-management-corp-nj-has-3178000-position-in-ford-motor-company-f.html. If you are viewing this report on another website, it was copied illegally and republished in violation of United States & global trademark & copyright law. The correct version of this story can be accessed at https://www.thecerbatgem.com/2017/02/07/ford-motor-company-f-rating-increased-to-overweight-at-barclays-plc.html.

Stocks that Aren't in the News. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The disclosure for this sale can be found here.

GM reported earnings a day after rival Toyota announced its net profit for the third fiscal quarter tumbled 26%, to $4.3 billion. The Hedge Fund company now holds 18,236 shares of F which is valued at $229,956. Its last month's stock price volatility remained 6.39% which for the week approaches 6.35. GM said net income fell to $1.84 billion in the fourth quarter, compared with $6.27 billion a year earlier. In 2015, General Motors' earnings before interest and tax (EBIT) adjusted margin reached a record 7.1%, compared to 4.2% in 2014. Generally speaking, earnings are expected to grow in coming quarters. The company has the Market capitalization of $55.21 Billion.

Having a glance at growth estimates of the company, it has current quarter growth estimates of -15.80% whereas for next quarter it has 11.90% estimations over growth. Services such as OnStar and GM's financial unit also will add to profits, he said.

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