General Motors Co. Stock Slides 1.69%, Underperforming Competitors on Gloomy Trading Day

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General Motors ($NYSE:GM) Co. (GM) saw its stock decline 1.69% to $37.32 on Tuesday, lagging behind its competitors in a generally weak day for the stock market, where the S&P 500 fell by 0.44%. The stock slide on Tuesday potentially reflects investor disappointment over the company’s future prospects, as well as anxiety about the broader market. GM has faced challenges from both auto industry rivals and changing consumer tastes.

In addition, the company has recently begun to face more competition from tech companies looking to enter the automotive space. Despite these challenges, GM continues to be a major player in the global auto market and remains a leader in innovation and technology.

Analysis

At GoodWhale, we conducted an analysis of GENERAL MOTORS‘s wellbeing. The Star Chart revealed that GENERAL MOTORS is strong in assets, medium in growth, profitability and weak in dividend. We assigned GENERAL MOTORS an intermediate health score of 6/10, reflecting its capabilities to safely ride out any crisis without risking bankruptcy. GENERAL MOTORS is classified as a ‘cheetah’ company, meaning it has achieved high revenue or earnings growth but may be less stable due to lower profitability. This type of company may be interesting for investors who are looking for a higher return on investment and are willing to take on a little more risk than traditional investments. Those looking for stability and long-term dividends may want to look elsewhere. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for General Motors. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for General Motors. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for General Motors. More…

Key Ratios Snapshot

Some of the financial key ratios for General Motors are shown below. More…

Peers

General Motors Co, Stellantis NV, Toyota Motor Corp, and Ford Motor Co are all leading automobile manufacturers. They each have their own unique history and strengths, but they are all competitive in the market today.

– Stellantis NV ($NYSE:STLA)

Stellantis NV is a holding company that was created in 2021 through the merger of Fiat Chrysler Automobiles and Groupe PSA. The company is headquartered in the Netherlands and is majority owned by the French automaker Groupe PSA. Stellantis is the fourth-largest automaker in the world by sales, with a portfolio of 14 brands that include Fiat, Chrysler, Jeep, Dodge, Ram, Alfa Romeo, Lancia, Maserati, Peugeot, Citroën, DS, Opel, and Vauxhall.

– Toyota Motor Corp ($TSE:7203)

Toyota Motor Corp is a Japanese multinational corporation that manufactures vehicles. It has a market cap of 27.43T as of 2022 and a Return on Equity of 11.32%. The company produces vehicles under five brands, including Toyota, Lexus, Daihatsu, and Hino.

– Ford Motor Co ($NYSE:F)

Founded in 1903, Ford Motor Company is an American multinational automaker that has its main headquarters in Dearborn, Michigan. The company sells automobiles and commercial vehicles under the Ford brand and most luxury cars under the Lincoln brand. Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom, and a 49% stake in Jiangling Motors of China. It also has joint-ventures in China, Taiwan, Thailand, Turkey, and Russia. The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the majority of the voting power.

As of 2022, Ford Motor Company’s market capitalization is $47.32 billion, and it has a return on equity of 23.7%. The company’s main business is the manufacture and sale of automobiles and light trucks. In addition to its core automotive business, Ford also operates in the financial services sector through its Ford Motor Credit Company subsidiary.

Summary

General Motors Co. (GM) stock underperformed the market on Tuesday, dropping 1.69% to close at $37.32. GM’s performance was affected by overall market sentiment as well as individual company-specific factors. Investors should watch for any developments that may impact the stock, including quarterly financial results, changes to the executive team, and updates to production and distribution plans. GM’s performance over the next few weeks will provide a better indication of where the stock may be headed in the near future.