Ford Motor Company (F) Gains But Lags Market: What You Should Know
Ford Motor Company (F) closed the most recent trading day at $12.11, moving +0.92% from the previous trading session. The stock lagged the S&P 500's daily gain of 0.99%.
Heading into today, shares of the company had gained 1.78% over the past month, lagging the Auto-Tires-Trucks sector's gain of 8.63% and outpacing the S&P 500's gain of 0.42% in that time.
Investors will be hoping for strength from Ford Motor Company as it approaches its next earnings release. On that day, Ford Motor Company is projected to report earnings of $0.46 per share, which would represent a year-over-year decline of 32.35%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $39.99 billion, up 5.5% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $1.74 per share and revenue of $160.22 billion. These totals would mark changes of -7.45% and +7.52%, respectively, from last year.
Any recent changes to analyst estimates for Ford Motor Company should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 13.34% higher. Ford Motor Company is currently sporting a Zacks Rank of #1 (Strong Buy).
In terms of valuation, Ford Motor Company is currently trading at a Forward P/E ratio of 6.91. This represents a discount compared to its industry's average Forward P/E of 9.68.
Meanwhile, F's PEG ratio is currently 1.11. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Automotive - Domestic stocks are, on average, holding a PEG ratio of 1.13 based on yesterday's closing prices.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 72, putting it in the top 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Ford Motor Company (F) : Free Stock Analysis Report
