|Bid||0.00 x 800|
|Ask||124.08 x 800|
|Day's Range||120.21 - 121.23|
|52 Week Range||111.12 - 138.68|
|Beta (3Y Monthly)||0.77|
|PE Ratio (TTM)||7.41|
|Forward Dividend & Yield||3.52 (2.95%)|
|1y Target Est||150.07|
The Overwatch League is kicking off its 2019 season Thursday with eight new teams from Asia, Europe and North America all vying for a larger prize this year.
Ford's (NYSE:F) fourth-quarter earnings report was as mixed as the company's overall outlook. The automaker's earnings came in below analysts' consensus estimate, but its revenue beat their average forecast.Ford stock rose more than 3% following the report. However, it fell back after the excitement faded, and F stock is again trading near its pre-announcement levels.Source: Wikipedia Click to EnlargeInvestorPlace - Stock Market News, Stock Advice & Trading TipsNonetheless, F stock has recovered from the $7.41 low it reached at the end of December. Given that recovery, it may have found a floor. Although the stock faces formidable challenges, its valuation metrics and possible upcoming events could make Ford stock tradeable. The Good and the Bad of Ford StockPut simply, Ford stock is a mixed bag. The U.S.-China trade war has hurt the company's sales, and it has struggled outside of North America. During the fourth quarter, the EBIT of Ford's Middle East/Africa region increased, and Ford maintained its market share in Europe. However, every other metric of all of its markets outside of North America fell. Ford also faces the ongoing concerns of pension costs, labor issues, and interest rates. * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? Fortunately, it has found one compelling silver lining: North American truck sales. Continuing a trend that has been in place for years, the Ford F-150 truck is continuing to outsell the competition. In 2018, the company sold more than 909,000 F-150 pickup trucks.That exceeded the combined 806,000 Silverado and GMC Sierra trucks that General Motors (NYSE:GM) sold. It's also close to double the sales of the Dodge Ram built by Fiat Chrysler (NYSE:FCAU). Also, U.S. companies continue to dominate the domestic truck market, as Toyota (NYSE:TM) and Nissan (OTCMKTS:NSANY) combined only sold one-sixth as many trucks as Ford.These numbers reinforce the wisdom of Ford's decision to largely exit the passenger-car business. According to J.D. Power, the average cost of new pickup trucks now exceeds $44,000, well over the $32,500 average price of all new vehicles. The high margins of trucks help Ford compensate for its lagging overseas sales, particularly in China. Ford Stock Is a Buy, Just Not a Long-Term HoldThe current dividend yield of F stock is just above 7%. Moreover, the stock's forward price-earnings ratio of 6.2 might also lure investors. Although every major car company other than Tesla (NASDAQ:TSLA) has long held a single-digit multiple, Ford's forward PE is well below the average multiple of 9.8 that Ford stock has maintained for the last five years.A few tailwinds could return Ford stock to that multiple. Negotiators seem optimistic that the trade war with China could end sooner rather than later. After the conflict ends, Ford's car sales in the world's most populous country should increase. Furthermore, the Fed also looks set to stop its interest-rate hikes. That should keep the more rate-sensitive consumers in the auto market.At around $8.45 per share, the Ford stock price stands at less than half of its 2014 peak. Even if it just returns to the $10 range over the next year, that, combined with the 7% dividend, amounts to a return of about 25%.Despite the strengths of Ford, I only recommend trading Ford stock. Over the longer term, the outlook of Ford stock seems more uncertain. The 60-cent per share annual payout represents a drop from the 83 cents-per-share dividend that F stock paid in 2018. Since the payout tends to fluctuate, I would not consider the dividend as secure as that of high-yield, dividend-aristocrat stocks such as AT&T (NYSE:T) or AbbVie (NYSE:ABBV).Moreover, even if the trade war with China ends, Wall Street expects Ford's profit growth to be meager as the company's pension and labor issues will probably continue to weigh on its bottom line. Analysts predict that the company's profits will shrink in fiscal 2019. They also estimate that its profit will increase by an average of just 3.8% per year over the next five years.However, given the 6.2 forward PE ratio of Ford stock, these issues are probably baked into Ford stock price. If one is looking for a play on a U.S.-China trade deal, Ford stock could fill that role for awhile. The Bottom Line on Ford StockAlthough the long-term outlook of F stock appears to be bleak, the equity looks well-positioned for a short-term trade. The company faces challenges that will probably dampen enthusiasm for F stock for years to come.However, with a forward P/E ratio of 6.2 and a dividend yield above 7%, any tailwind could result in a significant return over the short-term or medium-term. A trade agreement with China and/or interest rates that stay low enough to entice U.S. buyers could provide the necessary catalyst.I do not recommend taking a long road trip with Ford. However, for a short trek, F stock could provide a nice ride.As of this writing, Will Healy is long ABBV stock. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 U.S. Stocks That Are Coming to Life Again * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 5 Tips to Become a Better Stock Trader Compare Brokers The post Wall Street Has Priced in the Roadblocks Facing Ford Stock appeared first on InvestorPlace.
PHILADELPHIA, Feb. 14, 2019 /PRNewswire/ -- Toyota and VH1 Save The Music Foundation, joined by musician, producer, composer and former founder of The Fugees, Wyclef Jean, presented South Philadelphia High School with a $50,000 Music Technology Grant focused on electronic music creation.
Toyota Motor's Lexus brand of luxury vehicles was the most dependable name for the eighth consecutive year, while Fiat Chrysler's Fiat brand dropped to the bottom in an annual auto industry reliability survey published Wednesday. Industry consultant J.D. Power's closely watched study measures the number of problems experienced per 100 vehicles during the past 12 months by original owners of 2016 model-year vehicles, with a lower score reflecting higher quality and dependability. Lexus had a score of 106 problems per hundred, the 2019 U.S. vehicle dependability study showed.
Japanese map platform developer Dynamic Map Platform announced on Wednesday it plans to acquire Detroit-based map startup Ushr for up to $200 million in a bid to widen its geographical footprint in the ...
British Racing Green makes nearly everything better in the automotive world, even a small, Japanese sports car. Despite being about 6,000 miles away from Great Britain, Japan is channeling the British spirit with the Toyota 86 British Green Limited special edition. Be it a Toyota or a Scion, the 86/FR-S has never been offered with a green paint option.
At New York Fashion Week, Lexus unveiled a collaboration that spanned numerous cultural realms, from the trendy streetwear and sneaker world to the high-art scene to the luxury auto space. Using its new UX crossover as the canvas, Lexus partnered with rising style entrepreneur John Elliott to create all-white tires designed after the iconic Nike Air Force 1. The pairing stems from a different collaboration in which John Elliott partnered with Nike to create a custom Air Force 1.
A new Toyota Highlander is on its way, and this is the second time one of our spy shooters has caught it out testing. Initially, we saw a Highlander with bizarre cardboard cladding, but this prototype is outfitted in more traditional car camouflage.
Fuel economy numbers for the 2020 Toyota Corolla Hybrid and Corolla sedan have been released by FuelEconomy.gov, and the hybrid is impressively frugal. It gets 53 miles per gallon in town, 52 on the highway, and 52 combined. Both do slightly better in town than the Corolla, but slightly worse on the highway.
The 2020 Supra is still young in this world, (though it feels five-years-old at this point) but a TRD Performance Line Concept version of the Supra happened to be revealed in Japan this past weekend. It's nothing groundbreaking, but it is the first time TRD has got its hands dirty with the MkV Supra. TRD showed us a teaser for this car not too long ago with a big wing that the actual car was not revealed with at the 2019 Osaka Automesse.
Japan Inc’s third-quarter profits fell at the sharpest rate since the 2011 Fukushima earthquake and tsunami as companies faced an abrupt slowdown in China’s economy owing to the US trade dispute . Following ...
On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore and Associate Editor Reese Counts discuss the 2019 Chicago Auto Show, including the debuts of the Toyota RAV4 TRD, refreshed Toyota Tacoma, the Mazda Miata 30th Anniversary Edition and the new Subaru Legacy.
As the Overwatch League heads into its second season, the esports league has lined up sponsorship deals with brands including Coca-Cola, Toyota, T-Mobile, HP and Intel.
The 2020 Kia Telluride is a three-row family crossover that slots into the top spot in Kia's SUV lineup. In this comparison of engine specs, dimensions, pricing and photos, we'll take a look at the 2020 Telluride versus the Honda Pilot, Subaru Ascent, Toyota Highlander, the all-new 2020 Ford Explorer, and the Telluride's mechanically related cousin, the equally new 2020 Hyundai Palisade.
The main takeaway I got from the annual Consumer Electronics Show in Las Vegas was that enthusiasm for autonomous (driverless) vehicles among the world's auto makers has cooled, observes Tony Daltorio, editor of Growth Stock Advisor.