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Ford Motor Company (F – Free Report) closed at $11.47 in the latest trading session, marking a -1.88% move from the previous day. This change lagged the S&P 500’s 0.1% gain on the day. Meanwhile, the Dow gained 0.28%, and the Nasdaq, a tech-heavy index, lost 0.09%.
As of today, the company’s shares have lost 16.2% over the past month. During the same time, the Auto-Tires-Trucks sector lost 10.16%, while the S&P 500 lost 3.6%.
Ford Motor Company will look to show strength as it approaches its next earnings release. On that day, Ford Motor Company is expected to report earnings of $0.59 per share, which would represent year-over-year growth of 126.92%. Meanwhile, our latest consensus estimate calls for revenue of $39.88 billion, up 12.96% from the year-ago quarter.
Full-year Zacks Consensus Estimates of F call for earnings of $1.96 per share and revenue of $148.89 billion. These results represent year-over-year changes of +23.27% and +17.99%, respectively.
Also important to note are the recent changes in analyst estimates for Ford Motor Company. These recent changes likely reflect the evolving nature of short-term business trends. Consequently, positive estimate changes reflect analyst optimism about the company’s business and profitability.
Based on our research, we believe these estimates are directly related to team close stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimation changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has an impressive track record of outside success, with the #1 stock delivering an average annual return of +25% since 1988. Over the past 30 days, our consensus EPS projection has remained stagnant. Ford Motor Company currently carries a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Ford Motor Company currently has a Forward P/E ratio of 5.96. This valuation marks a discount compared to its industry average Forward P/E of 12.15.
Investors should also note that F currently has a PEG ratio of 1.99. This metric is used similarly to the popular P/E ratio, but the PEG ratio also takes into account the stock’s expected earnings growth rate. The Automotive – Domestic industry currently has an average PEG ratio of 1.2 at yesterday’s close.
The Automotive – Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 75, placing it in the top 30% of all 250+ industries.
The Zacks Industry Rank measures the strength of our individual industry groups by measuring the average Zacks Rank of 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 more, at Zacks.com.
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