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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 $12.69 in the latest trading session, marking a +0.87% move from the prior day. This change outpaced the S&P 500's 0.08% loss on the day. Elsewhere, the Dow lost 0.34%, while the tech-heavy Nasdaq added 11.55%.

Prior to today's trading, shares of the company had lost 4.55% over the past month. This has was narrower than the Auto-Tires-Trucks sector's loss of 20.56% and lagged the S&P 500's loss of 1.03% in that time.

Ford Motor Company will be looking to display strength as it nears its next earnings release. The company is expected to report EPS of $0.59, up 126.92% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $39.88 billion, up 12.96% from the year-ago period.

Investors should also note any recent changes to analyst estimates for Ford Motor Company. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Ford Motor Company is currently sporting a Zacks Rank of #5 (Strong Sell).

Digging into valuation, Ford Motor Company currently has a Forward P/E ratio of 6.97. This represents a discount compared to its industry's average Forward P/E of 11.79.

It is also worth noting that F currently has a PEG ratio of 2.32. 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 1.09 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 200, putting it in the bottom 21% 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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