|Bid||85.14 x 1000|
|Ask||85.18 x 800|
|Day's Range||84.15 - 85.30|
|52 Week Range||55.24 - 92.01|
|Beta (3Y Monthly)||0.98|
|PE Ratio (TTM)||16.89|
|Earnings Date||Sep 24, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||97.92|
Robust balance sheet and streamlined business allow Group 1 Automotive (GPI) to put increased focus on shareholder-value enhancing capital allocation strategies.
Ford (F) recalls more than 108,000 of its 2015 Fusions and 2015 Lincoln MKZ vehicles due to an issue with seat belt anchor pretensioners.
The move to stop auto production in Argentina from 2020 by Honda (HMC) is part of its plan of reorganizing automobile production around the globe.
Superior Industries (SUP) is undertaking different strategies to reduce costs and strengthen global competitive position. However, softer industry production level leads to a decline in its wheel unit.
Westport HPDI 2.0, which offers an environment-friendly robust performance of trucks, aids Westport Fuel (WPRT) to raise its share in the heavy-duty market.
In second-quarter 2019, Cooper-Standard's (CPS) sales decline due to unfavorable volume, foreign exchange and sale of Anti-Vibration Systems. Also, rising commodity costs pose a threat.
Higher manufacturing costs resulting from tariffs, material freight and inflationary pressures, and program launch costs affect American Axle's (AXL) financials.
Strong sales of used retail units in the United States are driving Group 1 Automotive's (GPI) revenues. Also, the Val-U-Line initiative boosts used vehicles' gross profit.
For 2019, Superior Industries (SUP) projects unit shipments of 19.5-19.9 million, which are likely to drive net sales to $1.39-$1.44 billion.
Westport Fuel (WPRT) projects consolidated revenues from continuing operations of $285-$305 million for 2019, up from previously mentioned $265-$295 million.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Toyota (TM) is working on the development of gas-electric hybrid and expansion of FCVs. However, frequent recalls affect the company's reputation and add to expenses.
Autoliv's (ALV) gross margin is strained due to high raw material costs and effects of currency translation. Ramping up of products is also raising costs for the company.
Adient (ADNT) reports net loss of $321 million in fiscal third quarter compared with net income of $54 million in the prior-year quarter.
Model 3 sedan delivery helps Tesla (TSLA) to overcome waning Model S sales. But huge investment in Model 3, Gigafactory & Supercharger is adding to its expenses.