Ford Motor Company (F) ended the recent trading session at $13.63, demonstrating a +1.64% change from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.21%. On the other hand, the Dow registered a gain of 1.35%, and the technology-centric Nasdaq decreased by 0.26%.
Coming into today, shares of the company had lost 0.3% in the past month. In that same time, the Auto-Tires-Trucks sector gained 2.04%, while the S&P 500 gained 0.89%.
Investors will be eagerly watching for the performance of Ford Motor Company in its upcoming earnings disclosure. The company is expected to report EPS of $0.07, down 82.05% from the prior-year quarter. Simultaneously, our latest consensus estimate expects the revenue to be $40.02 billion, showing a 10.88% drop compared to the year-ago quarter.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $1.05 per share and a revenue of $171.57 billion, representing changes of -42.93% and -0.64%, respectively, from the prior year.
Investors should also note any recent changes to analyst estimates for Ford Motor Company. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. 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. Over the past month, the Zacks Consensus EPS estimate has moved 3.87% lower. Ford Motor Company presently features a Zacks Rank of #3 (Hold).
Valuation is also important, so investors should note that Ford Motor Company has a Forward P/E ratio of 12.75 right now. This valuation marks a discount compared to its industry average Forward P/E of 16.56.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. Currently, this industry holds a Zacks Industry Rank of 65, positioning it in the top 27% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the 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.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding 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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