In the latest close session, Ford Motor Company (F) was up +1.68% at $13.34. The stock outperformed the S&P 500, which registered a daily gain of 0.19%. Meanwhile, the Dow gained 0.66%, and the Nasdaq, a tech-heavy index, lost 0.03%.
The company's stock has dropped by 0.15% in the past month, falling short of the Auto-Tires-Trucks sector's gain of 3.98% and the S&P 500's gain of 0.54%.
The upcoming earnings release of Ford Motor Company will be of great interest to investors. In that report, analysts expect Ford Motor Company to post earnings of $0.06 per share. This would mark a year-over-year decline of 84.62%. Alongside, our most recent consensus estimate is anticipating revenue of $40.02 billion, indicating a 10.88% downward movement from the same quarter last year.
F's full-year Zacks Consensus Estimates are calling for earnings of $1.05 per share and revenue of $171.57 billion. These results would represent year-over-year changes of -42.93% and 0%, respectively.
It's also important for investors to be aware of any recent modifications to analyst estimates for Ford Motor Company. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical 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 moved 1.62% higher. Ford Motor Company currently has a Zacks Rank of #3 (Hold).
Looking at its valuation, Ford Motor Company is holding a Forward P/E ratio of 9.25. For comparison, its industry has an average Forward P/E of 12.73, which means Ford Motor Company is trading at a discount to the group.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 96, putting it in the top 40% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming 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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