|Bid||0.00 x 900|
|Ask||8.50 x 1000|
|Day's Range||8.19 - 8.52|
|52 Week Range||8.19 - 13.48|
|Beta (3Y Monthly)||0.74|
|PE Ratio (TTM)||5.03|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||0.60 (6.85%)|
|1y Target Est||10.17|
From Ford to Volkswagen, automakers are forming new alliances on new technologies that may take years to get to market and even longer before turning a profit. Volkswagen is spending $40 billion to develop autonomous and electrified vehicles through 2022. Ford F this week announced plans to expand its work with Mahindra Group MAHM-IN , one of India's largest car companies, to find ways to collaborate on advanced powertrains, connected car technologies and even new vehicles.
General Motors plans to roll out a robo-taxi service next year that will let urbanites hail a driverless Chevrolet Bolt. to create a juggernaut for services like ride hailing and car sharing. The global auto industry thinks it sees the future, and it will require a transformation without precedent in business history: The giant industrial sector has to turn itself into a nimble provider of software and services.
Ford Motor Co. (NYSE:F), Ctrip.com International Ltd. (CTRP), Molson Coors Brewing Co. (TAP), and Mohawk Industries Inc. (MHK) have declined to their three-year lows. The price of Ford shares declined to $8.50 on Oct. 19, which is only 2.2% above the three-year low of $8.31. Ford is an American international automaker that sells automobiles and commercial vehicles.
It's no secret that automakers' stocks have been hit especially hard this year. Brewing troubles in the global auto industry have been exacerbated by U.S.-led threats of new auto tariffs and looming trade wars. While stocks of fabled automakers like Ford Motor Company ( F) have been on a general decline for several years now, the global auto industry has seen a sharp downside reversal that only started at the beginning of this year.
According to the latest data compiled by Reuters, 76% of the 21 analysts covering Ford Motor Company (F) stock have given it a “hold” recommendation. As of October 18, analysts’ consensus 12-month target price for Ford is $9.96, with an upside potential of ~19% from its market price of $8.51.
In the previous part of this series, we looked at Ford (F) stock and how it has underperformed the S&P 500 Index in October and year-to-date. Stocks of auto companies (XLY) General Motors (GM), Fiat Chrysler (FCAU), and Tesla (TSLA) have also fallen in the last ten sessions due to the broader market sell-off.
Ford Motor Company (F), the second-largest US automaker by 2017 vehicle sales volume, is set to release its third quarter of 2018 earnings report on October 24. But before we see what to expect for the quarter, let’s see how Ford stock is faring.
With Ford Motor Co's (F.N) stock at nearly a nine-year low and the company squeezed by tariffs and trade tensions, Chief Executive Jim Hackett sought to restore confidence among dealers gathered in Las Vegas this week, days ahead of announcing the automaker's third-quarter results. In closed-door meetings with members of Ford's national dealer network, Hackett and other top Ford executives showed off future versions of the popular Explorer and Escape SUVs, as well as new the Ranger mid-sized pickup truck and an unnamed smaller off-road utility vehicle, attendees said. Ford has said it will refresh 75 percent of its North American lineup over the next two years.
With Ford Motor Co's stock at nearly a nine-year low and the company squeezed by tariffs and trade tensions, Chief Executive Jim Hackett sought to restore confidence among dealers gathered in Las Vegas this week, days ahead of announcing the automaker's third-quarter results. In closed-door meetings with members of Ford's national dealer network, Hackett and other top Ford executives showed off future versions of the popular Explorer and Escape SUVs, as well as new the Ranger mid-sized pickup truck and an unnamed smaller off-road utility vehicle, attendees said. Ford has said it will refresh 75 percent of its North American lineup over the next two years.
China is one of General Motors’ (GM) most important growth markets among all its international business operations. In 2017, GM’s China retail sales increased 4.4% YoY (year-over-year) to 4.04 million vehicle units. These sales gains were mainly driven by the Chinese market’s higher demand for luxury vehicles and government tax cuts on small cars. Now, let’s find out how the company’s key brands performed in China in the third quarter.
The automaker struggling with fading fortunes and a sinking stock is seeking to get its swagger back with a series of ads debuting this weekend featuring Bryan Cranston, the star of the award-winning series “Breaking Bad,” and his wry, no-nonsense demeanor. Using the slogan “Built Ford Proud,” the commercials push back on the popular notion that Silicon Valley is on the verge of delivering driverless and flying cars. A commercial for the Escape sport utility vehicle takes a not-so-subtle shot at Tesla Inc. While the compact crossover has never been shot into space, as Elon Musk’s Roadster was earlier this year, it “proudly sits in over 2 million garages,” Cranston says in a craggy baritone.
Ford Motor Company (NYSE: F ) is down 32.8 percent year-to-date, and Morgan Stanley doesn’t expect things to get any better. The Rating Analysts Adam Jonas and Armintas Sinkevicius downgraded Ford to Equal-Weight ...
In the previous part of this series, we saw that Ford Motor Company (F) continued to report weakness in its Chinese market sales in September. In all three months of the third quarter, Ford’s China sales declined on a YoY (year-over-year) basis. The sales of its key brands—Changan Ford and JMC—faced a sharp YoY drop while Lincoln’s sales rose marginally. Now, let’s find out how General Motors’ (GM) China sales looked in the third quarter.
The automaker is suffering from the appearance that it lacks transparency and decisive action. Morgan Stanley downgraded Ford F on Friday, saying its earnings and cash flow are under pressure and its dividend is at risk. The number two U.S. automaker is suffering from a perception among investors that it lacks transparency and is failing to take quick, decisive action in executing its turnaround plan, Morgan Stanley analyst Adam Jonas said in a note.
Procter & Gamble PG – The consumer products giant reported adjusted quarterly profit of $1.12 per share , exceeding estimates by 3 cents a share. Revenue also came in above Street forecasts and the company posted organic sales growth of 4 percent for its fiscal first quarter. Honeywell HON – Honeywell earned an adjusted $2.03 per share for the third quarter , 4 cents a share above estimates.
The European Commission is set to approve and set rules for the use of wifi in cars, giving Volkswagen and Renault who have pursued this technology the edge over Daimler and others who invested in rival 5G networks. The EU executive is expected to announce draft legislation on the issue next month for feedback from EU countries and EU lawmakers before adopting it next year. The decision is a crucial one for both carmakers and telecoms operators and equipment makers as the market for internet connected cars is expected to be worth billions of euros a year.
Ford raised eyebrows — and no doubt some concern among its dealers — with its announcement earlier this year that it would phase out its remaining sedans and double-down on hot-selling utility vehicles. Ford in April announced its plans to do away with the Fiesta, Focus, Fusion and Taurus in the U.S. market. Through September, Ford had sold a not-insignificant 378,533 cars, which was down 17.4 percent from the prior-year-to-date figure.
"Let the other guys keep dreaming about the future. We'll be the ones building it," actor Bryan Cranston says against a variety of scenes that seem to poke fun at today's high-tech visionaries while touching on the company's historical American roots and "Built Ford Tough" slogan of past campaigns.
Ford this week unveiled a defiant new ad campaign dubbed "Built Ford Proud," sharing previews ahead of its nationwide debut during a conference where more than 3,000 U.S. and Canadian dealers got their first look at several key new products in the pipeline and what the company's so-called "operational fitness" plans might actually look like. Company officials say "Built Ford Proud" is a more holistic, brand-encompassing play on its longstanding "Built Ford Tough" campaign, which mostly applied to its F-Series line of trucks. Set to debut Saturday online and during college football telecasts, the ads feature the appearance and voiceovers of actor Bryan Cranston ("Breaking Bad"), who first appeared in a Ford Super Bowl ad two years ago.
"Breaking Bad" star Bryan Cranston anchors the new "Built Ford Proud" ad campaign that kicks off this weekend. The campaign pokes fun at today's high-tech visionaries while touching on the company's historical American roots and "Built Ford Tough" slogan of past campaigns. The ads come at a crucial time for Ford, whose U.S. sales are down 2.4 percent this year.
The eagerly awaited 2019 Ford Ranger arrives early next year offering an optional terrain management system geared for off-road use, plus what Ford says is the largest accessory offering of any truck, thanks in part to a new partnership with rooftop cargo manufacturer Yakima. During a meeting this week with Ford dealers from the U.S. and Canada, Ford showed the off-road capabilities of the Ranger to a group of invited reporters at a simulated course at the Las Vegas Motor Speedway.