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General Motors Company(GM)
General Motors Company
300 Renaissance Center
Detroit, MI 48265-3000
United States
General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts and accessories in North America, the Asia Pacific, the Middle East, Africa, South America, the United States, and China. The company operates through GM North America, GM International, Cruise, and GM Financial segments. It markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Holden, Baojun, and Wuling brand names. The company also sells trucks, crossovers, cars, and purpose-bui... Read More
Summary & Charts
| Price | $ 35.42 | -0.73 (-2.02%) |
| Day's Range | $ 35.36 - 36.40 | |
| Previous Close | $ 36.15 | |
| Market Cap | $ 53.45B USD | |
| Short Interest % | 1.32 % | As of Fri, 14 Jan 2022 |
| Float | 1.42B | |
| Outstanding | 1.42B |
| Exchange | NYSE | |
| Industry | Auto Manufacturers | |
| Sector | Consumer Cyclical | |
| Volume | 10.65M | |
| Avg. Volume (20 day) | 11.74M | |
| Rel. Volume (20 day) | 0.91 | |
| Rel. Volume (3 month) | 0.75 | |
| Rating | A+ | Buy |
| DCF | N/A | Strong Buy |
| Debt/Equity | 292.27 % | Strong Buy |
| ROE | 15.42 % | Neutral |
| ROA | 3.71 % | Neutral |
| P/E | 6.27 % | Buy |
| P/B | 0.79 % | Buy |
| Date | Open | High | Low | Close | Change | Volume | R. Vol. (20d) | R. Vol. (3m) | Mentions |
|---|---|---|---|---|---|---|---|---|---|
| Dec 19, 2022 | $ 36.28 | $ 36.40 | $ 35.36 | $ 35.42 | -0.73 | 10,648,136 | 0.91 | 0.75 | 18 |
| Dec 16, 2022 | $ 37.03 | $ 37.20 | $ 35.87 | $ 36.15 | -1.47 | 25,705,053 | 2.08 | 1.79 | 21 |
| Dec 15, 2022 | $ 37.79 | $ 37.80 | $ 37.19 | $ 37.62 | -0.74 | 10,189,848 | 0.82 | 0.72 | 37 |
| Dec 14, 2022 | $ 38.74 | $ 39.09 | $ 37.96 | $ 38.36 | -0.41 | 11,961,825 | 0.96 | 0.84 | 26 |
| Dec 13, 2022 | $ 39.66 | $ 40.01 | $ 38.53 | $ 38.77 | +0.28 | 12,151,720 | 0.97 | 0.85 | 24 |
| Dec 12, 2022 | $ 38.32 | $ 38.67 | $ 38.02 | $ 38.49 | +0.21 | 13,868,915 | 1.10 | 0.96 | 12 |
| Dec 09, 2022 | $ 37.85 | $ 38.56 | $ 37.78 | $ 38.28 | +0.08 | 8,863,547 | 0.70 | 0.62 | 10 |
| Dec 08, 2022 | $ 38.07 | $ 38.26 | $ 37.60 | $ 38.20 | +0.24 | 8,613,924 | 0.66 | 0.59 | 14 |
| Dec 07, 2022 | $ 37.67 | $ 38.33 | $ 37.56 | $ 37.96 | -0.06 | 11,613,425 | 0.88 | 0.80 | 6 |
| Dec 06, 2022 | $ 38.93 | $ 39.09 | $ 37.35 | $ 38.02 | -0.77 | 12,774,944 | 0.97 | 0.88 | 32 |
| Dec 05, 2022 | $ 39.47 | $ 39.62 | $ 38.69 | $ 38.79 | -1.11 | 7,630,345 | 0.58 | 0.52 | 13 |
| Dec 02, 2022 | $ 39.86 | $ 40.14 | $ 39.55 | $ 39.90 | -0.53 | 9,222,800 | 0.68 | 0.62 | 6 |
| Dec 01, 2022 | $ 40.77 | $ 41.38 | $ 40.42 | $ 40.43 | -0.13 | 12,335,100 | 0.90 | 0.83 | 9 |
| Nov 30, 2022 | $ 39.98 | $ 40.56 | $ 39.23 | $ 40.56 | +0.81 | 14,805,900 | 1.08 | 0.99 | 6 |
| Nov 29, 2022 | $ 39.62 | $ 40.04 | $ 39.54 | $ 39.75 | +0.37 | 10,582,400 | 0.78 | 0.71 | 17 |
| Nov 28, 2022 | $ 39.92 | $ 40.37 | $ 39.31 | $ 39.38 | -1.08 | 19,395,400 | 1.42 | 1.29 | 19 |
| Nov 25, 2022 | $ 39.81 | $ 40.47 | $ 39.81 | $ 40.46 | +0.35 | 4,615,300 | 0.35 | 0.31 | 6 |
| Nov 23, 2022 | $ 39.85 | $ 40.20 | $ 39.57 | $ 40.11 | +0.14 | 9,097,000 | 0.66 | 0.60 | 5 |
| Nov 22, 2022 | $ 39.89 | $ 40.27 | $ 39.63 | $ 39.97 | +0.45 | 8,394,400 | 0.59 | 0.55 | 9 |
| Nov 21, 2022 | $ 39.44 | $ 39.72 | $ 39.00 | $ 39.52 | -0.25 | 12,281,900 | 0.81 | 0.80 | 32 |
News
The latest news about General Motors Company (GM).
The Motley Fool | 2022-12-18 06:23:00
Here's where I've put most of my own money to work.
The Motley Fool | 2022-12-18 06:18:00
These five stocks are attractively priced and have the legendary investor's stamp of approval.
Yahoo Finance | 2022-12-18 00:00:24
This segment originally aired on December 16, 2022. The National Highway Traffic Safety Administration (NHTSA) has opened a probe into GM's self-driving "cruise autonomous driving" unit after multiple reports of the vehicles crashing on the road.
The Motley Fool | 2022-12-17 05:41:00
The Detroit automaker's 2025 target for EV profitability should be easily attainable.
The Motley Fool | 2022-12-16 18:19:17
The automaker is the target of a new federal investigation.
TechCrunch | 2022-12-16 17:22:19
U.S. safety regulators have opened a preliminary investigation into the robotaxis developed and operated by GM self-driving subsidiary Cruise. The National Highway Traffic and Safety Administration said it opened the investigation after learning of incidents when these robotaxis “may have engaged in inappropriately hard braking or became immobilized while operating on public roads.
NYTimes | 2022-12-16 12:54:34
The National Highway Traffic Safety Administration is looking into unexpected braking by cars operated by Cruise, a part of General Motors.
Earnings
| Date | Time | EPS Expected | EPS Reported | % | Revenue Expected | Revenue Reported | % |
|---|---|---|---|---|---|---|---|
| 2023-02-07 | BMO | 1.64 | -- | -- | 41B | -- | -- |
| 2022-10-25 | BMO | 1.88 | 2.25 | 19.68% | -- | -- | -- |
| 2022-07-26 | BMO | 1.2 | 1.14 | -5% | 38B | 36B | -4.77% |
| 2022-04-26 | BMO | 1.67 | 2.09 | 25.14% | 27B | 36B | 33.6% |
| 2022-02-01 | BMO | 1.19 | 1.35 | 13.44% | 37B | 34B | -8.52% |
| 2021-10-27 | BMO | 0.96 | 1.52 | 58.33% | 33B | 27B | -18.51% |
| 2021-08-04 | BMO | 1.89 | 1.97 | 4.23% | 31B | 34B | 10.59% |
| 2021-05-05 | BMO | 1.04 | 2.25 | 116.34% | 30B | 32B | 9.85% |
Top Discussions
These are the top discussions over the last 24-hours that mention the GM stock ticker symbol.
As expected, analysts don't think 2023 is going to be too exciting😂
- (3 points) > Underestimating the company that did many many many things past and present before the others And now they are 5 years behind. ICE car =/= EV. Completely new tech that they are very far away from being profitable. > only edge they have is a so far seemingly bulletproof drivetrain Vertical integration, software, battery tech, scale, their entire development process. > ICE will be around always in some capacity It will be largely irrelevant for bottom line of every manufacturer within 10-15 years. > I know for a fact more companies have came to or partnered with GM for self driving tech than Tesla. Like Nikola? Let's not forget we are talking about the company that had to get bailed out by the government to survive. Same shit about to happen to them.
- (2 points) They are so damn far behind... their best case scenario is they will be making 1/4 of the cars Tesla is making today, but in 2024. And that would require them to grow EV sales by 215% a year. They won't make money on EVs until 2025 - again, best case scenario as stated by GM themselves. If anything, GM is worth just about right, if anything, it is overvalued. 2023 is going to be fucking brutal for them. And as for self driving, that's gotta be a joke. ICE cars dropping in demand every year. EVs will continue to eat into ICE sales. GM has a very very rough ride ahead of them.
- (2 points, 3 replies) I honestly think GM is being underrated by a ton of people. I've always been a GM guy, but I'm no fan of Barra, but she has the company on extremely sound footing. I also believe they are far ahead of the other in self driving tech. And it's been stated they can trunk a profit in a 10m a car year market in the states. Between the strike and covif they've pretty much proven it. They also haven't rushed into the EV fray like the others and they've been dealing with it longer than the others as well.
Toyota Chief Says ‘Silent Majority’ Has Doubts About Pursuing Only EVs
BURIRAM, Thailand—Toyota Motor Corp. TM -0.87%decrease; red down pointing triangle President Akio Toyoda said he is among the auto industry’s silent majority in questioning whether electric vehicles s... Read More
- (106 points) He's right. Pursuing EV only might be a viable solution for some European and North American countries because they have the infrastructure and light enough population density to pull it off. For those countries they can go ahead and set their sights on an all electric future, but that strategy is no where near realistic or feasible in other markets. Toyota's sales figures are gigantic in South and East Asian countries like China, Malaysia, Thailand, India, and Indonesia where you have a rising Middle class that is able to afford family cars for the first time in greater numbers. You also have huge population centers where people tend to live in high rise apartment buildings so charging at home isn't an option and providing enough public charging stations for everyone to charge even an hour a day is practically impossible. For those markets efficient hydrocarbon and hybrid is the only viable solution for the foreseeable future. Pretending that all electric in 20 or 30 years should be a universal goal is a fool's errand. What GM, VW and others are doing by declaring all electric lineups is essentially killing their share in these emerging markets in the near future. The Japanese manufacturers on the other hand, are taking the more pragmatic approach.
- (23 points) See I actually see the opposite here in terms of the Kodak analogy, specifically their dichotomy with Fujifilm- Kodak failed not because they didn’t see digital coming, they failed to stay diverse in a changing landscape. Fuji survived not because they dropped their film line up, but because they built/ developed cameras, professional printing, medical imaging, in response to the market flux, as well as maintained their film line up. I feel like Toyota is more similar to Fuji. Other companies are going all into EVs, without keeping diversification in mind. It’s gas or EV with GM, Ford or just EV with Tesla, Rivian, Polestar etc. Toyota is releasing EVs in ‘23, maintaining their line up of gas vehicles, putting out new hybrids (including SUVs) and investing and building a hydrogen engine line up. I don’t think they’re putting their head in the sand ala Kodak in terms of falling to recognize which way the wind in blowing, I think they’re actually keeping their line up diverse to ensure that no matter which way this shakes out, they have a hand in the game and are playing.
- (19 points) I’m not buying that argument because if that was the case the auto industry would be shouting it from the rooftops and stopping governments from implementing gas car bans. Why isn’t GM or Hyundai saying it? Car companies like Volvo wouldn’t be completely transitioning to EV and volume giants like GM wouldn’t be heavily investing in the technology. The truth is that automakers are fine with the gasoline car bans because they know by 2035, gasoline cars won’t be competitive, especially in the most profitable segments. Toyota is just caught with their pants down. A $60,000 EV outsells the Camry and the two best volume EV platforms are made by GM and Hyundai. The Bolt EUV is equivalent to a bZ4X at $15k less. Toyota was plain and simple too conservative. They thought EV adoption wouldn’t be this far along this early.
- (17 points) I remember a year or so ago they said they can make like 5-7 hybrids per pure electric vehicle due to the battery demands. Material constraints are a huge issue and I’m honestly surprised GM and Ford haven’t ran into roadblocks although, they’ll likely have issues if everyone’s sales keep going up.
- (9 points) Build the engine for them? These two are mostly rebadged Subarus and BMWs with Toyota "brand engineering". That said lots of good engines are not new designs. GM and Ford basically did iterative refinement on their V6/V8, Toyota did the same on their I4/I6. They aren't exactly the same but they were all going this way for decades. I agree Toyota being pretty conservative, but I question further uptake even in +"EV friendly" places like California. If you don't own a home and have off-street parking they are less than ideal. (also they just passed more zoning laws for multi-unit stuff with no mandated parking spaces)
- (9 points) Yes, but China is becoming the new auto player in this equation. What Japan loses will be China's gain. It's a huge problem particularly for Japan because the auto industry is such a huge factor in their economy. The U.S. market will likely never buy Chinese vehicles so there's more market share for Ford, GM, Tesla, and some European automakers to take advantage of. Sadly, as much as I love Honda and Toyota's products, I believe they have fallen behind significantly in transitioning to EV's. I can understand the reason for it, but they still have a chance to make that shift and it seems they aren't fully prepared to take that initiative.
Unusual Option Activity
Option contracts that are trading at a significantly higher volume relative to the contract's open interest. These might provide some insight into what "smart money" is doing with large volume orders.
| Type | Strike | Exp Date | DTE | Bid | Ask | Last | Volume | Open Interest | Vol/OI | IV |
|---|---|---|---|---|---|---|---|---|---|---|
| CALL | $ 37.50 | 12/15/22 | 0 | $ 0.36 | $ 0.42 | $ 0.42 | 258 | 186 | 1.39 | 0.46% |
| CALL | $ 35.00 | 12/22/22 | 6 | $ 2.65 | $ 2.79 | $ 2.85 | 21 | 14 | 1.50 | 0.45% |
| CALL | $ 37.00 | 12/22/22 | 6 | $ 1.14 | $ 1.19 | $ 1.23 | 330 | 61 | 5.41 | 0.38% |
| CALL | $ 44.00 | 01/05/23 | 20 | $ 0.01 | $ 0.07 | $ 0.06 | 200 | 97 | 2.06 | 0.38% |
| PUT | $ 30.00 | 01/05/23 | 20 | $ 0.03 | $ 0.07 | $ 0.04 | 70 | 20 | 3.50 | 0.53% |
| PUT | $ 31.00 | 01/05/23 | 20 | $ 0.05 | $ 0.09 | $ 0.07 | 70 | 13 | 5.38 | 0.49% |
| CALL | $ 37.00 | 01/12/23 | 27 | $ 1.87 | $ 2.00 | $ 1.89 | 81 | 16 | 5.06 | 0.40% |
| CALL | $ 46.00 | 01/12/23 | 27 | $ 0.00 | $ 0.10 | $ 0.10 | 24 | 13 | 1.85 | 0.43% |
| PUT | $ 31.00 | 01/12/23 | 27 | $ 0.12 | $ 0.18 | $ 0.12 | 35 | 13 | 2.69 | 0.50% |
| PUT | $ 50.00 | 01/19/23 | 34 | $ 12.25 | $ 12.60 | $ 11.65 | 31,753 | 8,514 | 3.73 | 0.59% |
| PUT | $ 52.50 | 01/19/23 | 34 | $ 14.80 | $ 15.10 | $ 14.05 | 10,950 | 22 | 497.73 | 0.54% |
| PUT | $ 57.50 | 01/19/23 | 34 | $ 19.80 | $ 20.10 | $ 19.20 | 21,340 | 5,585 | 3.82 | 0.66% |
Last Updated: Thu, 15 Dec 2022 21:55 EST
Failures to Deliver
Each point represents the aggregate net balance of shares that failed to be delivered as of a particular settlement date.
Please note that fails-to-deliver can occur for a number of reasons on both long and short sales. Therefore, fails-to-deliver are not necessarily the result of short selling, nor evidence of abusive “naked” short selling. For more information on short selling and fails-to-deliver, see Key Points About Regulation SHO, Division of Market Regulation, and Final Rule: Short Sales.
Last Updated: Tue, 14 Dec 2021 12:00 EST
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