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Ford Motor Company (F) Gains As Market Dips: What You Should Know
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Ford Motor Company (F - Free Report) closed at $14.35 in the latest trading session, marking a +1.34% move from the prior day. This change outpaced the S&P 500's 1.3% loss on the day.
Heading into today, shares of the company had gained 9.85% over the past month, outpacing the Auto-Tires-Trucks sector's gain of 2.43% and the S&P 500's loss of 3.58% in that time.
Wall Street will be looking for positivity from F as it approaches its next earnings report date. This is expected to be October 27, 2021. In that report, analysts expect F to post earnings of $0.27 per share. This would mark a year-over-year decline of 58.46%. Meanwhile, our latest consensus estimate is calling for revenue of $32.65 billion, down 5.93% from the prior-year quarter.
F's full-year Zacks Consensus Estimates are calling for earnings of $1.59 per share and revenue of $127.55 billion. These results would represent year-over-year changes of +287.8% and +10.08%, respectively.
It is also important to note the recent changes to analyst estimates for F. These revisions typically reflect the latest short-term business trends, which can change frequently. 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.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.55% lower. F is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note F's current valuation metrics, including its Forward P/E ratio of 8.93. Its industry sports an average Forward P/E of 13.88, so we one might conclude that F is trading at a discount comparatively.
Meanwhile, F's PEG ratio is currently 0.4. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Automotive - Domestic was holding an average PEG ratio of 1.14 at yesterday's closing price.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 95, putting it in the top 38% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow F in the coming trading sessions, be sure to utilize Zacks.com.
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Ford Motor Company (F) Gains As Market Dips: What You Should Know
Ford Motor Company (F - Free Report) closed at $14.35 in the latest trading session, marking a +1.34% move from the prior day. This change outpaced the S&P 500's 1.3% loss on the day.
Heading into today, shares of the company had gained 9.85% over the past month, outpacing the Auto-Tires-Trucks sector's gain of 2.43% and the S&P 500's loss of 3.58% in that time.
Wall Street will be looking for positivity from F as it approaches its next earnings report date. This is expected to be October 27, 2021. In that report, analysts expect F to post earnings of $0.27 per share. This would mark a year-over-year decline of 58.46%. Meanwhile, our latest consensus estimate is calling for revenue of $32.65 billion, down 5.93% from the prior-year quarter.
F's full-year Zacks Consensus Estimates are calling for earnings of $1.59 per share and revenue of $127.55 billion. These results would represent year-over-year changes of +287.8% and +10.08%, respectively.
It is also important to note the recent changes to analyst estimates for F. These revisions typically reflect the latest short-term business trends, which can change frequently. 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.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.55% lower. F is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note F's current valuation metrics, including its Forward P/E ratio of 8.93. Its industry sports an average Forward P/E of 13.88, so we one might conclude that F is trading at a discount comparatively.
Meanwhile, F's PEG ratio is currently 0.4. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Automotive - Domestic was holding an average PEG ratio of 1.14 at yesterday's closing price.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 95, putting it in the top 38% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow F in the coming trading sessions, be sure to utilize Zacks.com.