Ford Motor Company (F) closed the last trading session at USD 15.97, a move of -0.13% from the previous day. That change fell short of the S&P 500’s daily gain of 0.88%.
Today, the company’s shares were up 36.2% over the past month. At the same time, the auto tire truck sector lost 0.13%, while the S&P 500 gained 0.15%.
Investors will be hoping for strength in F as it nears its next earnings release. For this report, analysts expect F to post earnings of $ -0.40 per share. This would mean a decrease of 14.29% compared to the previous year. Our latest consensus estimate sees sales of $ 21.33 billion.
F’s Zacks Consensus Estimates for the full year project earnings per share of $ 0.97 and sales of $ 125.45 billion. These results would represent changes of +136.59% and + 8.27% respectively compared to the previous year.
Any recent changes in analyst estimates for F should also be considered by investors. These most recent revisions typically reflect developments in short-term business trends. Therefore, positive estimate revisions reflect analysts’ optimism about the company’s business and profitability.
Our research shows that these changes in estimates correlate directly with short-term stock prices. We developed the Zacks Rank to take advantage of this phenomenon. Our system takes these changes in estimates into account and provides a clear, actionable rating model.
The Zacks Rank system, which ranges from # 1 (Strong Buy) to # 5 (Strong Sell), has an impressive, externally audited track record of outperformance, with # 1 stocks posting an average annual return of + 25% since 1988 Zack’s Consensus EPS estimate rose 2.11% last month. F currently has a Zacks rank of # 3 (Hold).
Looking at its valuation, F holds a forward P / E of 16.54. For comparison, the industry has an average forward P / E of 16.54, which means F is trading with no noticeable deviation from the group.
Investors should also note that F currently has a PEG ratio of 0.76. This metric is used in a similar way to the famous P / E ratio, but the PEG ratio also takes into account the stock’s expected earnings growth rate. The Automotive – Domestic held an average PEG ratio of 1.61 at yesterday’s closing price.
The Automotive – Domestic sector is part of the Auto Tire Trucks sector. This group has a Zacks industry ranking of 115, making it one of the top 46% of all over 250 industries.
The Zacks Industry Rank is a best-to-worst ranking based on the average Zacks rank of each company in each of those sectors. Our research shows that the top-rated 50% of industries outperform the bottom half by a factor of 2 to 1.
Track all of these price action metrics and many more on Zacks.com.
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