The shares of General Motors Company (NYSE:GM) has been pegged with a rating of Buy by Seaport Global Securities in its latest research note that was published on February 13th, 2019. Seaport Global Securities wasn’t the only research firm that published a report of General Motors Company, with other equities research analysts also giving their opinion on the stock. Goldman advised investors in its research note published on September 11th, 2018, to Neutral the GM stock while also putting a $36 price target. The stock had earned Overweight rating from Morgan Stanley when it published its report on August 17th, 2018. That day the Morgan Stanley set price target on the stock to $46. The stock was given Outperform rating by Evercore ISI in its report released on May 31st, 2018. Piper Jaffray was of a view that GM is Overweight in its latest report on May 15th, 2018 while giving it a price target of $57. Morgan Stanley thinks that GM is worth Overweight rating. This was contained in the firm’s report on April 9th, 2018.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 5 believe it has the potential for further growth, thus rating it as Hold while 6 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $47.14. The price of the stock the last time has raised by 24.44% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 40.66.
The shares of the company dipped by -1.98% during the trading session on Thursday, reaching a low of $37.94 while ending the day at $38.03. During the trading session, a total of 8.29 million shares were traded which represents a 20.52% incline from the average session volume which is 10.43M shares. GM had ended its last session trading at 38.80. General Motors Company currently has a market cap of $53.67B, while its P/E ratio stands at 6.65, while its P/E earnings growth sits at 0.36, with a beta of 1.32. General Motors Company debt-to-equity ratio currently stands at 2.70, while its quick ratio hovers at 0.80. GM 52-week low price stands at $30.56 while its 52-week high price is $45.00.
The company in its last quarterly report recorded $1.43 earnings per share which is above the $1.22 predicted by most analysts. The General Motors Company generated $38,399.00 million in revenue during the last quarter, which is slightly higher than the $36,477.40 million predicted by analysts. In the second quarter last year, the firm recorded $1.87 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -30.77%. General Motors Company has the potential to record 5.72 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Buckingham Research published a research note on February 25th, 2019 where it informed investors and clients that PayPal Holdings, Inc. (NASDAQ:PYPL) is now rated as Neutral. Their price target on the stock stands at $99. Goldman also rated PYPL as Resumed on September 11th, 2018, with its price target of $24 suggesting that PYPL could surge by 2.85% from its current share price. Even though the stock has been trading at $99.31/share, analysts expect it to surge higher by -0.28% to reach $101.93/share. It started the day trading at $99.67 and traded between $98.93 and $99.03 throughout the trading session.
A look at its technical shows that PYPL’s 50-day SMA is 92.98 while its 200-day SMA stands at 87.29. The stock has a high of $100.59 for the year while the low is $70.22. The company’s P/E ratio currently sits at 57.34, while the P/B ratio is 7.57. At the moment, only of PayPal Holdings, Inc. shares were sold short. The company’s average trading volume currently stands at 8.27M shares, which means that the short-interest ratio is just 2.59 days. Over the past seven days, the company moved, with its shift of 2.93%. Looking further, the stock has raised 15.81% over the past 90 days while it gained 8.31% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more PYPL shares, increasing its portfolio by +1.38% during the last quarter. This move now sees The Vanguard Group Inc purchasing 1,172,148 shares in the last quarter, thus it now holds 85,878,791 shares of PYPL, with a total valuation of $8,422,133,033. Fidelity Management Research Co meanwhile sold more PYPL shares in the recently filed quarter, changing its stake to $7,688,165,973 worth of shares. BlackRock Fund Advisors followed the path by increasing its PYPL portfolio by +1.31% in the quarter. This means that BlackRock Fund Advisors bought 655,097 shares in the last quarter and now controls 50,831,635 shares of the PYPL stock, with the valuation hitting $4,985,058,444.
Similarly, T Rowe Price Associates Inc increased its PayPal Holdings, Inc. shares by +4.42% during the recently filed quarter. After buying 1,798,417 shares in the last quarter, the firm now controls 42,530,228 shares of PayPal Holdings, Inc. which are valued at $4,170,939,460. In the same vein, Edgewood Management LLC increased its PayPal Holdings, Inc. shares by during the most recent reported quarter. The firm bought 1,386,682 shares during the quarter which increased its stakes to 18,092,862 shares and is now valued at $1,774,366,976. Following these latest developments, around 0.10% of PayPal Holdings, Inc. stocks are owned by institutional investors and hedge funds.