Ford Motor Company (F) Shares Fall as Market Gains: What You Need to Know
Ford Motor Company (F) closed at $ 14.86 in the last trading session, marking a movement of -1% from the previous day. This move fell behind the S&P 500’s 0.13% daily gain.
Prior to today, the company’s shares had gained 1.35% over the past month, trailing the Auto-Tires-Trucks sector gain of 6.21% and the S&P 500’s 2.16% gain. during this period.
Wall Street will be looking for F’s positivity as the date of its next earnings report approaches. On that day, F is expected to report earnings of $ -0.27 per share, which would represent 22.86% year-over-year growth. Our most recent consensus estimate projects quarterly revenue of $ 21.99 billion, up 32.3% from the previous year.
Zacks’ consensus estimates for F’s full year predict earnings of $ 1.06 per share and revenue of $ 125.89 billion. These results would represent year-over-year variations of + 158.54% and + 8.65%, respectively.
Investors should also note any recent changes in analysts’ estimates for F. These revisions help show the ever-changing nature of short-term business trends. Thus, the positive estimate revisions reflect the optimism of analysts about the business and profitability of the company.
Based on our research, we believe that these estimate revisions are directly related to stock movements close to the team. To benefit from this, we have developed the Zacks Rank, a proprietary model that takes these rating changes into account and provides an actionable rating system.
Zacks’ ranking system ranges from # 1 (strong buy) to # 5 (strong sell). It has a remarkable, externally verified track record of success, with the No.1 stocks generating an average annual return of + 25% since 1988. Zacks Consensus’s EPS estimate rose 9.14% during the month latest. F currently has a Zacks rank of # 3 (Hold).
Investors should also note F’s current valuation metrics, including its forward P / E ratio of 14.23. This represents a discount to its sector’s average forward P / E of 15.35.
We can also see that F currently has a PEG ratio of 0.65. The PEG ratio is similar to the widely used P / E ratio, but this metric also takes into account the expected profit growth rate of the company. Automotive – Domestic held an average PEG ratio of 1.25 at yesterday’s closing price.
The Automotive – Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 66, which places it in the top 26% of all 250+ industries.
The Zacks Industry Rank includes is ranked from best to worst in terms of the average Zacks Rank of individual companies in each of these industries. Our research shows that the top 50% of industries top the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock market metrics and more on Zacks.com.
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