General Motors (GM) Given Daily Coverage Optimism Score of 1.82
Media coverage about General Motors (NYSE:GM) (TSE:GMM.U) has trended somewhat positive on Tuesday, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. General Motors earned a daily sentiment score of 1.82 on their scale. InfoTrie also assigned media coverage about the auto manufacturer an news buzz score of 7 out of 10, meaning that recent news coverage is likely to have an impact on the company’s share price in the next few days.
Here are some of the headlines that may have impacted General Motors’ score:
- Dominion Dealer Solutions Now Participating in the General Motors Dealer Digital Solution Digital Advertising Program (prweb.com)
- General Motors buyouts likely to fall short and layoffs loom (rssfeeds.usatoday.com)
- Mon. 2:25 p.m.: Area launches campaign to keep GM production in Lordstown (tribtoday.com)
- GM Lordstown Assembly Plant in Ohio Clings to Dear Life as Cruze Sales Plummet (thedrive.com)
- From The Straits Times Archive: Nissan’s Ghosn does not want top job at GM (straitstimes.com)
Shares of General Motors stock opened at $35.68 on Tuesday. General Motors has a twelve month low of $30.56 and a twelve month high of $45.52. The company has a quick ratio of 0.76, a current ratio of 0.89 and a debt-to-equity ratio of 1.75. The stock has a market capitalization of $50.46 billion, a price-to-earnings ratio of 5.39, a price-to-earnings-growth ratio of 0.68 and a beta of 1.25.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 20th. Shareholders of record on Friday, December 7th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 4.26%. The ex-dividend date of this dividend is Thursday, December 6th. General Motors’s dividend payout ratio (DPR) is 22.96%.
A number of research firms have recently issued reports on GM. Citigroup cut their target price on shares of General Motors to $60.00 and set a “buy” rating for the company in a research note on Thursday, July 26th. Royal Bank of Canada cut their target price on shares of General Motors from $53.00 to $49.00 and set an “outperform” rating for the company in a research note on Thursday, July 26th. Buckingham Research cut their target price on shares of General Motors from $39.00 to $37.00 and set a “neutral” rating for the company in a research note on Thursday, July 26th. JPMorgan Chase & Co. cut their target price on shares of General Motors from $58.00 to $54.00 and set an “overweight” rating for the company in a research note on Friday, July 27th. Finally, Piper Jaffray Companies set a $51.00 target price on shares of General Motors and gave the stock a “buy” rating in a research note on Wednesday, July 25th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and twelve have issued a buy rating to the company. General Motors presently has an average rating of “Buy” and a consensus price target of $45.79.
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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