|Bid||0.00 x 3200|
|Ask||0.00 x 1200|
|Day's range||52.21 - 55.42|
|52-week range||26.15 - 64.30|
|Beta (5Y monthly)||1.33|
|PE ratio (TTM)||8.51|
|Earnings date||27 Oct 2021|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||05 Mar 2020|
|1y target est||72.14|
After reporting second quarter earnings that missed estimates, General Motors shares tumbled more than 9% on Wednesday. However, according to Autoblog Editor-in-Chief Greg Migliore, GM’s growth outlook, should it ring true, may put the company in a good position.
Myles Udland and Brian Sozzi break down earnings which include: General Motors raising 2021 outlook despite missing on Q2 expectations as chip shortage continues to put constraints on production and Lyft crushing Q2 estimates as the company adds millions of riders on the wave of reopenings.
(Bloomberg) -- In late July, U.S. Commerce Secretary Gina Raimondo said things were getting better for automakers suffering chip shortages that have shuttered plants and crippled production.Not that much better, it turns out. This week, suppliers of those vital electronic components warned the problem is far from over and said the car industry’s rapid pivot to electric vehicles may further stretch their ability to catch up. Their customers share the cautious view.According to the two biggest mak