GM's first-quarter sales report revealed that its sales had fallen by 7% compared to Q1 2018. However, the company’s more expensive offerings, like the GMC Sierra crew cab pickup, sold out.
The company further disclosed that sales of smaller crossovers such as the Chevrolet Trax and Equinox, as well as its midsize Chevrolet Colorado pickup, had a good first quarter, but the major hit was the GMC Acadia SUV.
Midway through the year, the company plans to launch more full-size pickups with two new heavy duty pickups from Chevrolet and GMC. More facilities are set to be opened in Flint to up these productions.
The company’s overall sales decline is due to the poor performance of the traditional passengers cars that seem to have had its day. To churn out profit, the company has taken some hard measures in the past, like cutting 14,000 jobs at factories in the U.S. and Canada, a move that has been criticized by many.
The Moving Average Convergence Divergence (MACD) for GM turned positive on November 05, 2024. Looking at past instances where GM's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on November 06, 2024. You may want to consider a long position or call options on GM as a result. In of 85 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The 10-day moving average for GM crossed bullishly above the 50-day moving average on October 11, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 12 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GM advanced for three days, in of 331 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 226 cases where GM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
GM broke above its upper Bollinger Band on November 11, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. GM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock slightly better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.815) is normal, around the industry mean (6.142). P/E Ratio (6.202) is within average values for comparable stocks, (18.218). Projected Growth (PEG Ratio) (0.846) is also within normal values, averaging (5.723). GM has a moderately low Dividend Yield (0.009) as compared to the industry average of (0.042). P/S Ratio (0.362) is also within normal values, averaging (78.580).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of cars, trucks and automobile parts
Industry MotorVehicles