General Motors Company (NYSE:GM) [Trend Analysis] has kept up with the changing appetite, stock fell around -1.14% in early session as it gain volume of 6.75 Million shares, then traded at $31.29. General Motors Co. (GM) reported that execution of an unsecured $14.5B revolving credit facility consisting of a $10.5B five-year facility and a $4B three-year facility. The facility amends and extends GM’s existing $12.5 billion revolving credit facility. GM executive vice president and chief financial officer, Chuck Stevens stated that they believe this larger revolver, along with their $20B target cash, will provide appropriate liquidity to enable consistent investment in a downturn to generate strong results. “In addition, we will also have the financial flexibility within the revolver for potential opportunities that may emerge to advance our strategic plan.”
The firm reaffirmed its capital allocation framework, comprising targets for cash of $20 billion and available liquidity of $30 to $35 billion needed to withstand a severe economic downturn. In addition, buybacks executed under the company’s common stock share repurchase program will continue to be funded with available free-cash-flow.
Moving toward the volatility measures, the price volatility of stock was 1.52% for a week and 1.92% for a month as well as price volatility’s Average True Range for 14 days was 0.60. The beta, which indicates risk in relegation to the market, remained 1.73. The firm past twelve months price to sales ratio was 0.31 and price to cash ratio remained 2.23. As far as the returns are concern, the return on equity was recorded as 28.40% and return on investment was 7.00%, while its return on asset stayed at 5.50%.
Noting a main crunch of analyst research by WSJ, GM under observation of quarterly per share earnings, it has second quarter 2016 trend of $1.50, while in next quarter estimated EPS trend is $1.53 and for annual basis for 2016 estimated EPS is $5.67.
Relatively pool of WSJ analyst issues diverse rating, as for current level it has 7 experts rated as “BUY” security, 2 analyst recommend as “Overweight,” and 9 experts rated as “Hold”.
The liquidity measure in recent quarter results of company was recorded 0.90 as current ratio, on the other side the debt to equity ratio was 1.74. The Company has gross margin of 12.50% and profit margin was positive 6.90% in trailing twelve months.
General Motors Company (NYSE:GM) is ahead its 52 week low with 31.64%and going down from its 52 week high price with -13.19%. The company’s shares performance for the last one month was -2.71% and 3.20% in the previous week. The stock price of firm is moving up from its 20 days moving average with 0.86% and remote isolated positively from 50 days moving average with 0.70%.