Chevy Stock Price: Q4'19 Plummets by 14.6%

Introduction

The General Motors Corporation (GM), commonly known as Chevrolet, is an American multinational corporation headquartered in Detroit. The company primarily designs, manufactures, markets, and distributes vehicles and vehicle parts under a variety of brands, including Chevrolet, GMC, Cadillac, Buick, and Opel. GM is one of the world's largest automakers.

Stock Performance

In the fourth quarter of 2019, GM's stock price experienced a significant decline of 14.6%, closing the quarter at $32.37 per share. This decline was primarily attributed to a number of factors, including the ongoing trade war between the United States and China, which has negatively impacted the global automotive industry. Additionally, GM has been facing increased competition from foreign automakers, such as Toyota and Honda, in key markets such as the United States and China.

Key Financial Metrics

Below are key financial metrics for GM as of December 31, 2019:

Outlook

Analysts are mixed on the outlook for GM's stock price in the near term. Some analysts believe that the stock price will continue to decline, while others believe that the stock has reached a bottom and will begin to rebound. However, the stock price is likely to remain volatile in the short term as the trade war and other factors continue to impact the automotive industry.

Investment Considerations

Investors should carefully consider the following factors before investing in GM's stock:

• The ongoing trade war between the United States and China
• Increased competition from foreign automakers
• The cyclical nature of the automotive industry
• GM's financial performance and outlook

Table 1: GM's Quarterly Revenue and Net Income

Table 2: GM's Quarterly Diluted Earnings Per Share

Table 3: GM's Quarterly Market Capitalization

Table 4: GM's Key Financial Ratios

Pros and Cons of Investing in GM's Stock

Pros:

• GM is a well-established company with a strong brand portfolio
• The company has a global presence and sells vehicles in over 100 countries
• GM is investing heavily in new technologies, such as electric vehicles and autonomous driving
• The stock is relatively inexpensive, trading at a price-to-earnings ratio of less than 6x

Cons:

• The automotive industry is cyclical and subject to economic downturns
• GM faces intense competition from foreign automakers
• The trade war between the United States and China is negatively impacting the automotive industry
• The company has a high debt-to-equity ratio

FAQs

1. What is GM's stock symbol?

   GM

2. What is GM's market capitalization?

   $52.1 billion

3. What is GM's net income?

   $7.3 billion

4. What is GM's diluted earnings per share?

   $6.44

5. What is GM's gross profit margin?

   17.9%

6. What is GM's operating profit margin?

   8.1%

7. What is GM's net profit margin?

   5.3%

8. What is GM's debt-to-equity ratio?

   1.2