|Bid||9.39 x 2200|
|Ask||9.54 x 3000|
|Day's Range||9.43 - 9.67|
|52 Week Range||8.17 - 13.48|
|Beta (3Y Monthly)||0.24|
|PE Ratio (TTM)||6.15|
|Earnings Date||Jan 23, 2019|
|Forward Dividend & Yield||0.60 (6.40%)|
|1y Target Est||9.89|
Macy’s, Blue Apron, Ford, Walmart, Apple and Toys ‘R’ Us are the companies to watch.
Ford is partnering with Walmart and Postmates to test the business of delivering goods like groceries and pet food using self-driving vehicles. The pilot project is focused on Miami-Dade County, according to Ford's announcement Wednesday. This is an area where Ford is already embedded and testing out what a commercial self-driving vehicle business might look like through collaborations with Postmates, Dominoes and local merchants.
Ford, Walmart and Postmates will test grocery deliveries via self-driving cars. It's a "safe bet" for Ford that may pay off, an analyst said.
In October, Ford Motor Company’s (F) F-Series truck sales in the United States were at 70,438 units—an ~7.3% sales decline on a YoY (year-over-year) basis. In September, 75,092 units of F-Series trucks were sold in the United States—down 8.8% YoY. Until August, the F-Series sales in the United States rose for 16 consecutive months on a YoY basis. In August, it was also the best August month for F-Series sales since 2005.
After showcasing a recovery of about 4.6% over the past couple of weeks, the S&P 500 Index (SPY) is trading on a negative note again this week. The Dow Jones Industrial Average (DIA) and NASDAQ Composite index (QQQ) both were trading with 1.3% losses from yesterday’s close. Some of the key factors that hurt investor sentiment in October were rising interest rates, rising bond yields, and the negative impact of tariffs on US companies’ third-quarter results.
Ford Motor Company (F) sold 192,616 vehicle units in the US market in October. The data reflected a 3.9% decrease from its US sales of 200,436 units in the same month the previous year. In the previous month, the company reported an 11.2% YoY (year-over-year) fall to 197,404 units. Ford’s October sales were higher than Toyota’s (TM) US sales of 191,102 units and Fiat Chrysler’s (FCAU) sales of 177,391 units.
Concerns about the Chinese economy have been among the major risks spooking investors globally. Concerns about China’s growth outlook impact metal and mining companies (SPY) like Freeport-McMoRan (FCX). China (FXI) is also a major market for US giants like Ford (F) and Apple (AAPL). On November 14, China released several economic indicators.
Ford Motor Company (F) stock ended October on a positive note with 3.2% gains despite a 6.9% drop in the S&P 500 Index. Before Ford’s earnings were released on October 24, the stock continued to fall but witnessed a sharp recovery after the event. The company’s third-quarter adjusted earnings fell ~33.0% YoY (year-over-year) to $0.29 per share. The earnings were marginally better than analysts’ estimates of $0.28. Ford reported an ~3.0% YoY rise in its revenues for the quarter, while its profitability deteriorated. ...
For the average American, Nio (NYSE:NIO) may not resonate as a household name. Yet, market analysts and industry experts peg the automaker as China’s Tesla (NASDAQ:TSLA). Indeed, both companies carry an almost-mythical prestige among their proponents. However, both also have critical flaws. This makes NIO stock a rather tricky proposition.
Ford and Walmart are teaming up in Miami to test driverless deliveries of Walmart groceries and products.
When you think of cutting edge technology colliding with retail, Amazon (NASDAQ:AMZN) probably comes to mind. From cashier-less stores to experiments with drone delivery, Amazon is always pushing the boundaries. The company announced that it is teaming up with Ford (NYSE:F) for self-driving home delivery.