The decline over the past weeks has brought the price of General Motors Company shares back to an important technical support level at 48 USD. This represents an opportunity to take advantage of these prices levels. Investors have an opportunity to buy the stock and target the $ 54.2.
The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
According to Refinitiv, the company's ESG score for its industry is good.
The company is in a robust financial situation considering its net cash and margin position.
Its low valuation, with P/E ratio at 8.19 and 7.41 for the ongoing fiscal year and 2022 respectively, makes the stock pretty attractive with regard to earnings multiples.
The company shows low valuation levels, with an enterprise value at 0.53 times its sales.
The company's share price in relation to its net book value makes it look relatively cheap.
Analysts remain confident with respect to the group's activity and, more often than not, have revised upwards their earnings per share estimates.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
The price targets of various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.
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