|Bid||100.77 x 100000|
|Ask||106.09 x 100000|
|Day's Range||101.04 - 101.04|
|52 Week Range||92.62 - 112.14|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
In February 2018, Ford gave dismal guidance for fiscal 2018, forecasting adjusted EPS (earnings per share) of $1.45–$1.70, lower than its adjusted EPS of $1.78 in 2017. Ford expects its 2018 revenue to be flat or moderately higher than its 2017 revenue, and its operating cash flow to be positive but lower than its 2017 cash flow. This guidance was based on US auto sales being expected to decline in 2018. However, as US light-vehicle sales rose 1.9% YoY (year-over-year) in 1Q18, we can’t deny the possibility of Ford revising its guidance upward.
In 4Q17, Ford (F) reported an adjusted pre-tax profit of $1.4 billion from its automotive segment, with an operating profit margin of 3.7%. This margin was smaller than its adjusted operating profit margin of 5.7% in 4Q16. Ford’s pre-tax profits worsened in all key reporting segments but South America. While its South American profits improved, they remained in negative territory. Despite positive growth in its global wholesale volumes, Ford’s pre-tax profit in 4Q17 was hurt by higher commodity prices, recall costs, and currency headwinds driven by the British pound.
In order to generate new opportunities, Group 1 Automotive (GPI) acquires a new Toyota sales territory and expands its existing Honda dealership in Sao Paulo, Brazil.
In 4Q17, Ford (F) reported revenue of $38.5 billion from its automotive segment, up 7% from 4Q16 and higher than analysts’ estimate of $37 billion. Ford’s US sales rose 2% YoY (year-over-year), driving its revenue higher during the quarter. Let’s look at what analysts expect for Ford’s 1Q18 revenue.
Previously, we looked at how Ford (F) stock underperformed the S&P 500 in 1Q18, while Fiat Chrysler (FCAU), Ferrari (RACE), and Toyota (TM) outperformed the broader market. US auto companies Ford and General Motors (GM) faced investors’ concerns about softening US vehicle sales and trade-war fears. On the brighter side, US light vehicle sales remained firm in 1Q18, rising ~1.9% YoY (year-over-year), which could why most auto stocks are trading positively in April. Let’s look at what we can expect from Ford’s 1Q18 earnings results.
A new breed of avatar humanoid robots developed by such companies as Honda and Toyota could change the way people interact and work around the world.
In the auto sector, valuation multiples are used by investors to compare companies that are similar in size or business. Let’s take a look at these multiples for mainstream auto companies Toyota (TM), Ford (F), General Motors (GM), and Fiat Chrysler (FCAU).
We've already seen the Toyota Corolla hatchback and you'll be able to read about what it's like to drive April 30, but we still have yet to hear much about the sedan. That's a bit surprising, since the Corolla is Toyota's compact bread and butter, making up nearly 94 percent of the Corolla's almost 330,000 sales in 2017. We may not have much longer to wait, though, since the Corolla prototype in the spy shots above look pretty close to production. Notably, the heavy black plastic of the last pro
Two exchange traded funds in the U.S. are dedicated to the electric vehicle investment theme. The KraneShares Electric Vehicles & Future Mobility ETF (NYSE: KARS ) debuted in January, followed by the InnovationShares ...
According to Reuters, of the 21 analysts covering Honda (HMC) on April 11, 2018, ~62% recommended “buy” and 38% recommended “hold.” There were no “sell” recommendations. About ten days ago, 57% of analysts were recommending “buy.”
Sales of large sedans were down 10% last year and at least one manufacturer is getting out of the segment altogether. Despite the market's challenges, Toyota is forging ahead with an all-new 2019 Toyota Avalon.
Toyota plans to start selling U.S. vehicles that can talk to each other using short-range wireless technology in 2021, the automaker said on Monday, potentially preventing thousands of accidents annually. The U.S. Transportation Department must decide whether to adopt a pending proposal that would require all future vehicles to have the advanced technology. Toyota hopes to adopt the dedicated short-range communications systems in the United States across most of its lineup by the mid-2020s.
DETROIT (AP) — Toyota says it will start equipping models with technology to talk to other vehicles starting in 2021, as it tries to push safety communications forward. The company says most of its U.S. models should have the feature by the mid-2020s.
According to Reuters, of the 22 analysts covering Toyota (TM), 45% have recommended “buy,” 50% were cautious and recommended “hold,” and 5% recommended “sell.” Analysts’ 12-month target price for Toyota’s ADRs (American depositary receipts) was $133.22, reflecting a 4.2% upside potential based on its market price of $127.81. This potential is not as large as General Motors’ (GM) and Ford’s (F) 37.5% and 14.4% upside potential. Over the last ten days, analysts’ target price for TM has fallen to $138.29 from $138.29.
Despite sales of the Lexus CT hybrid hatchback ending last year in the U.S., Lexus isn't planning to abandon its segment in favor of the new compact crossover, the UX. The CT remains on sale in some countries, and Lexus's European boss is adamant the brand has to keep offering cars in that segment.
One of the great things about technology is – with the exception of Apple products – consumers get more for their money every year. For example, the first 1GB USB drive I bought in 2005 cost me $30. Today you can get 10 for that price, delivered to your door thanks to Amazon. The same goes for car tech.
According to Reuters, of the 24 analysts covering Fiat Chrysler stock on April 11, 2018, ~46% recommended “buy,” 42% advised investors to be cautious on the stock by recommending “hold,” and 12% recommended “sell.”
After four years of rumors about a Lexus LS powered by a hydrogen fuel cell, the chief engineer of the flagship sedan says the carmaker's working on even more options. Toshio Asahi told Australia's GoAuto that three alternative powertrains — plug-in hybrid, full electric, and hydrogen — are "all on the table" for consideration. Asahi wouldn't give any timeframes, but whenever they arrive, additional drive options would fill out the LS range to better contend with the Germans.
Compact SUVs, crossovers, sport sedans, and some racy coupes are rolling out to the dealerships, so if you're in the market for a new car, the choices are out there.
Blunt-nosed, broad-shouldered and towering on 20-inch chrome wheels, the latest Toyota Tundra roars to life as it turns into the final station of tweaks and checks that will wrap up a 20-hour journey down ...
Toyota's FJ Cruiser SUV ticked off most of the boxes the original FJ40 Land Cruiser did. It had two-door styling (thanks to hidden half-doors) and plenty of off-road capability from a traditional four-wheel-drive system and good ground clearance. But unlike the FJ40, the Cruiser never had a convertible option. At least one person decided that was necessary and had one converted to a convertible sometime in its life, and now it could be yours.
Truck units of Volkswagen and Toyota agree to form a collaboration to develop self-driving capabilities and lower-emission vehicles.
According to Autodata, US auto sales in March 2018 rose 6.3% YoY (year-over-year) after falling ~2.4% YoY in the previous month. March was the second month in 1Q18 in which US vehicle sales witnessed a YoY increase. In January 2018, US auto sales rose 1.0% YoY.
Toyota Corolla's new hatchback takes lane-centering assist to the next level, improving safety and bringing the age of self-driving cars a small step closer to reality.