In the latest close session, Ford Motor Company (F) was down 1.02% at $11.62. The stock's performance was behind the S&P 500's daily gain of 0.49%. Elsewhere, the Dow saw an upswing of 0.38%, while the tech-heavy Nasdaq appreciated by 0.72%.
Shares of the company witnessed a gain of 3.62% over the previous month, trailing the performance of the Auto-Tires-Trucks sector with its gain of 15.15%, and outperforming the S&P 500's gain of 2.99%.
The upcoming earnings release of Ford Motor Company will be of great interest to investors. The company's earnings per share (EPS) are projected to be $0.38, reflecting a 22.45% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $42.26 billion, down 1.87% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.16 per share and revenue of $168.24 billion. These totals would mark changes of -36.96% and -2.57%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Ford Motor Company. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
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 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. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Ford Motor Company currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Ford Motor Company is currently trading at a Forward P/E ratio of 10.13. This represents a discount compared to its industry average Forward P/E of 14.9.
It's also important to note that F currently trades at a PEG ratio of 3.38. 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 industry currently had an average PEG ratio of 2.51 as of yesterday's close.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 163, putting it in the bottom 35% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Ford Motor Company (F): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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