Argus Research analyst Bill Selesky maintains $General Motors (GM.US)$ with a buy rating, and adjusts the target price from $54 to $60.
According to TipRanks data, the analyst has a success rate of 54.6% and a total average return of 6.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $General Motors (GM.US)$'s main analysts recently are as follows:
General Motors reported 'much stronger' results for Q3, providing the basis for slightly improved full-year 2024 EBIT guidance and 'very materially' stronger free cash flow forecasts. These results have reinforced confidence in the management's previous outlook presented during the recent investor day, which included plans to expedite share repurchases to achieve diluted shares of under 1 billion by early 2025.
General Motors' Q3 results have continued a trend of solid gross margin performance and significant generation of free cash flow. Although the market will decide GM's valuation multiple, it is suggested that it warrants a substantially higher figure than 5x.
General Motors' Q3 earnings surpassed expectations, bolstered by its strong presence in the North American large SUV market which helped mitigate the effects of lower pricing seen in other market segments. The company's Q3 performance, along with raised guidance and the implication of share repurchases in Q4, are anticipated to prompt a positive reassessment of consensus estimates and investor expectations.
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阿格斯分析師Bill Selesky維持$通用汽車 (GM.US)$買入評級,並將目標價從54美元上調至60美元。
根據TipRanks數據顯示,該分析師近一年總勝率為54.6%,總平均回報率為6.3%。
此外,綜合報道,$通用汽車 (GM.US)$近期主要分析師觀點如下:
通用汽車報告稱,第三季度的業績「顯著增強」,爲2024財年EBIt指導略有改善和「非常大幅度」增強的自由現金流預測提供了基礎。這些結果強化了投資者日前展示的管理層先前展望的信心,其中包括加快股份回購以在2025年初實現低於10億的攤薄股份。
通用汽車的第三季度業績延續了穩健毛利表現的趨勢,並實現了顯著的自由現金流。儘管市場將決定通用汽車的估值倍數,但建議其應超過5倍的相當高數字。
通用汽車第三季度的收益超出預期,得益於其在北美大型SUV市場的強勁表現,有助於抵消其他市場細分中出現的價格下降。公司第三季度的表現,以及提高的指引和四季度的股票回購暗示,預計將促使對共識估計和投資者預期進行積極重新評估。
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