8.56 -0.03 (-0.35%)
After hours: 7:01PM EDT
|Bid||8.56 x 2200|
|Ask||8.56 x 1000|
|Day's Range||8.23 - 8.64|
|52 Week Range||8.19 - 13.48|
|Beta (3Y Monthly)||0.74|
|PE Ratio (TTM)||5.08|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||0.60 (7.13%)|
|1y Target Est||10.11|
Microsoft, Boeing, and AMD will among the major companies scheduled to report earnings on Wednesday as investors search for direction amid another volatile day for the stock market.
Washington, D.C., has taken some steps to govern self-driving cars, but now it's finally going to see those cars in action. Ford and its partner Argo AI have unveiled plans to test their autonomous vehicles in the U.S. capital with an eye toward commercial service in 2021. It's teaming with the D.C. Infrastructure Academy in Ward 8 to train vehicle operators who'll watch over the machines, while efforts in Ward 7 aim to recruit technicians.
U.S. company earnings growth is slowing after a bumper start to the year, and the reality of an escalating trade war between two of the world's largest economies is starting to weigh on companies ranging from Caterpillar Inc (CAT.N) to Ford Motor Co (F.N). While earnings growth is still high at 22 percent so far this quarter, the amount by which S&P 500 index companies are beating analyst estimates is nearly half of what it was during the first quarter, according to Refinitiv data. Along with rising interest rates which are making bonds more attractive, slower earnings growth is eroding investor sentiment and contributed to Tuesday's sharp sell in equities globally.
Ford Motor Co. (NYSE: F) is expected to report earnings after the market closes Wednesday. For the third quarter, analysts expect Ford to report earnings per share of 28 cents, down from 43 cents a year earlier, according to Yahoo Finance. While we're waiting to see how it shakes out, here are a couple of interesting reads about Ford: • The Detroit News has a story about excitement around the Ford Ranger and Ford Bronco.
Tesla (TSLA) stock appears to be defying gravity today and is rallying despite the broader market sell-off. Today at 1:08 PM EDT, Tesla stock was up 10.2% from the previous session’s closing price. Earlier today, Citron Research—one of the Tesla bears—surprised the market by turning positive on TSLA for the first time.
Automotive manufacturer Ford (NYSE:F) is set to announce third-quarter earnings results on Wednesday. Investors will be anxious to see what the results show, but they will also be interested in hearing what the company has to say about its overall outlook and ultimately what that could mean for the future of Ford stock. For those who might be out of the loop, Ford stock has been trending lower for the last five years and in 2018 we have seen the stock lose another 26%.
US motorcycle pioneer Harley-Davidson (HOG) reported its third-quarter earnings before the market opened on October 23. The company’s adjusted EPS were at $0.78, up ~95% YoY. HOG managed to beat Wall Street analysts’ estimates of $0.53 by a wide margin. Despite its earnings beat, today at 11:35 AM EST, Harley-Davidson stock was down about 3.2% from the previous session’s close.
Ford Motor Co. is heading for earnings with continued criticism of its restructuring plans and questions about what it is not telling the markets.
Two upcoming earnings reports this week include Boeing Co. (NYSE: BA) and Ford Motor Company (NYSE: F). Naturally, tariffs and trade are going to be topics of conversation around the reports as both companies have been impacted by steel and aluminum tariffs.
Given how Ford stock has traded these last few months, and really all of 2018, confidence in F stock has to be pretty low going into the report. Ford stock is down 14% over the past month, 20% over the past three months and 33% so far this year. This may sound counterintuitive for the bulls, but I wouldn’t want to see a big rally ahead of Ford earnings.