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Ford Motor Company (F) Stock Sinks As Market Gains: What You Should Know
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Ford Motor Company (F - Free Report) closed the most recent trading day at $10.72, moving -0.65% from the previous trading session. This change lagged the S&P 500's 0.98% gain on the day. Elsewhere, the Dow gained 0.99%, while the tech-heavy Nasdaq added 0.5%.
F will be looking to display strength as it nears its next earnings release, which is expected to be February 4, 2021. The company is expected to report EPS of -$0.08, down 166.67% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $32.89 billion, down 10.32% from the year-ago period.
Any recent changes to analyst estimates for F should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 7.55% higher. F is currently sporting a Zacks Rank of #1 (Strong Buy).
In terms of valuation, F is currently trading at a Forward P/E ratio of 11.78. For comparison, its industry has an average Forward P/E of 17.2, which means F is trading at a discount to the group.
We can also see that F currently has a PEG ratio of 1.51. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Automotive - Domestic stocks are, on average, holding a PEG ratio of 2.45 based on yesterday's closing prices.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 50, putting it in the top 20% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Ford Motor Company (F) Stock Sinks As Market Gains: What You Should Know
Ford Motor Company (F - Free Report) closed the most recent trading day at $10.72, moving -0.65% from the previous trading session. This change lagged the S&P 500's 0.98% gain on the day. Elsewhere, the Dow gained 0.99%, while the tech-heavy Nasdaq added 0.5%.
F will be looking to display strength as it nears its next earnings release, which is expected to be February 4, 2021. The company is expected to report EPS of -$0.08, down 166.67% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $32.89 billion, down 10.32% from the year-ago period.
Any recent changes to analyst estimates for F should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 7.55% higher. F is currently sporting a Zacks Rank of #1 (Strong Buy).
In terms of valuation, F is currently trading at a Forward P/E ratio of 11.78. For comparison, its industry has an average Forward P/E of 17.2, which means F is trading at a discount to the group.
We can also see that F currently has a PEG ratio of 1.51. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Automotive - Domestic stocks are, on average, holding a PEG ratio of 2.45 based on yesterday's closing prices.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 50, putting it in the top 20% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.