|Bid||11.9400 x 53200|
|Ask||11.9500 x 117200|
|Day's Range||11.9100 - 12.2000|
|52 Week Range||10.4700 - 13.4800|
|PE Ratio (TTM)||10.84|
|Earnings Date||Jan 24, 2018|
|Forward Dividend & Yield||0.60 (4.93%)|
|1y Target Est||12.85|
Freezing weather aside, we did encounter a couple big trends at this year’s show, as Rick Newman and I discuss in the video above. From Chevy (GM) teasing the new Silverado only weeks before the show to Ford (F) debuting the new midsize Ranger on Sunday night and Fiat Chrysler (FCAU) busting out its new 2019 Ram full-size pickup, it was all-truck, all the time. The 2019 Ram 1500 debuted at this week’s 2018 Detroit Auto Show with a new look, its first hybrid system, and more tech than ever.
After all, both shows had plenty of news surrounding autonomous vehicles. The first thing you need to realize when talking about self-driving cars is that they’re not all built the same. Levels 0 to 2 refer to cars that are completely human controlled or include one or more driver-assistance systems, but still must be controlled by a human driver.
Stocks rose modestly during the week as chip-gear makers and health insurers jumped. General Electric is mulling a breakup, while Apple is investing in the U.S.
As of January 16, 2018, Ford’s (F) forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple was 13.6x. In the last couple of quarters, Ford’s EV-to-EBITDA has risen, and now it’s much higher than many of its competitors. In the same period, General Motors’ (GM) and Fiat Chrysler’s (FCAU) forward EV-to-EBITDA multiples were 8.3x and 2.5x, respectively.
Shares of International Business Machines Corp. (NYSE:IBM) fell in overnight trading after it beat earnings estimates. IMB stock dropped almost 3%, shedding about $4 billion in market cap, after the company announced results that beat earnings estimates and showed the first year-over-year revenue growth in five years. While there are now some bulls pounding the table for IBM stock, they may be lonely voices, once investors dig into the numbers this morning.
In September, these vehicle owners started looking for replacement options, which drove Ford’s (F) sales notably higher. This temporary positive trend in US auto demand along with higher fleet sales boosted Ford’s sales in 4Q17. In Ford’s 4Q17 earnings release, its new CEO (chief executive officer) Jim Hackett could announce his plans for 2018 in order to rebuild investor confidence.
Will Fiat Chrysler’s 4Q17 Earnings Justify Its Recent Rally? Let’s take a look at how Fiat Chrysler’s latest leverage ratios look ahead of its 4Q17 earnings release. It’s important to note that a high debt position also increases a company’s risk profile.
Big companies use software made by relatively unknown Altair Engineering to predict how their products will perform in the real world.
Two weeks ago, General Motors Company (NYSE: GM ) reported a 22-percent year-over-year decline in December fleet sales. Fiat Chrysler Automobiles NV (NYSE: FCAU )’s segment fell 42 percent. But neither ...