Ford Motor Company (F) closed at $ 14.86 in the last trading session, an increase of -1% over the previous day. That move fell short of the S&P 500’s daily gain of 0.13%.
Today, the company’s shares were up 1.35% over the past month, trailing the Auto Tire Truck sector’s 6.21% gain and the S&P 500’s 2.16% over the period.
Wall Street will be looking for positive results on F as it nears its next earnings reporting date. On that day, F is expected to post earnings of $ -0.27 per share, which would represent a year-over-year growth of 22.86%. Our latest consensus estimate is for quarterly revenue of $ 21.99 billion, up 32.3% from the same period last year.
F’s Zacks Consensus Estimates for the full year project earnings per share of $ 1.06 and sales of $ 125.89 billion. These results would represent changes of +158.54% and +8.65% compared to the previous year.
Investors should also be aware of any recent changes in analyst estimates for F. These revisions help highlight the ever-changing nature of short-term business trends. Therefore, positive estimate revisions reflect analysts’ optimism about the company’s business and profitability.
Based on our research, we believe these valuation revisions are directly related to team-based stock movements. To take advantage of this, we developed the Zacks Rank, a proprietary model that takes these estimation changes into account and provides an actionable rating system.
The Zacks ranking system ranges from # 1 (strong buy) to # 5 (strong sell). It has a remarkable track record, externally audited, with the number 1 stocks posting an average annual return of + 25% since 1988. The Zacks Consensus EPS estimate rose 9.14% last month. F currently has a Zacks rank of # 3 (Hold).
Investors should also check out F’s current valuation metrics, including its forward P / E of 14.23. This is a discount to the industry’s average forward P / E of 15.35.
The story goes on
We can also see that F currently has a PEG ratio of 0.65. The PEG ratio is similar to the widely used P / E ratio, but this metric also takes into account the company’s expected earnings growth rate. The Automotive – Domestic held an average PEG ratio of 1.25 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 66, making it one of the top 26% 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.
Would you like the latest recommendations from Zacks Investment Research? Today you can download the 7 best stocks for the next 30 days. Click here to get this free report
Ford Motor Company (F): Free Stock Research Report
To read this article on Zacks.com, click here.