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Ford (F) Dips More Than Broader Markets: What You Should Know
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Ford (F - Free Report) closed the most recent trading day at $8.76, moving -0.45% from the previous trading session. This change lagged the S&P 500's daily loss of 0.03%. At the same time, the Dow lost 0.36%, and the tech-heavy Nasdaq lost 0.04%.
Heading into today, shares of the automaker had lost 8.14% over the past month, outpacing the Auto-Tires-Trucks sector's loss of 10.92% and lagging the S&P 500's loss of 3.08% in that time.
Investors will be hoping for strength from F as it approaches its next earnings release, which is expected to be October 24, 2018. The company is expected to report EPS of $0.33, down 23.26% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $34.49 billion, up 2.5% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.34 per share and revenue of $146.08 billion, which would represent changes of -24.72% and -1.65%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for F. 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 company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 2.9% lower. F is currently a Zacks Rank #4 (Sell).
In terms of valuation, F is currently trading at a Forward P/E ratio of 6.56. This represents a discount compared to its industry's average Forward P/E of 11.39.
Also, we should mention that F has a PEG ratio of 1.24. 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. F's industry had an average PEG ratio of 1.24 as of yesterday's close.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 177, which puts it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Ford (F) Dips More Than Broader Markets: What You Should Know
Ford (F - Free Report) closed the most recent trading day at $8.76, moving -0.45% from the previous trading session. This change lagged the S&P 500's daily loss of 0.03%. At the same time, the Dow lost 0.36%, and the tech-heavy Nasdaq lost 0.04%.
Heading into today, shares of the automaker had lost 8.14% over the past month, outpacing the Auto-Tires-Trucks sector's loss of 10.92% and lagging the S&P 500's loss of 3.08% in that time.
Investors will be hoping for strength from F as it approaches its next earnings release, which is expected to be October 24, 2018. The company is expected to report EPS of $0.33, down 23.26% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $34.49 billion, up 2.5% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.34 per share and revenue of $146.08 billion, which would represent changes of -24.72% and -1.65%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for F. 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 company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 2.9% lower. F is currently a Zacks Rank #4 (Sell).
In terms of valuation, F is currently trading at a Forward P/E ratio of 6.56. This represents a discount compared to its industry's average Forward P/E of 11.39.
Also, we should mention that F has a PEG ratio of 1.24. 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. F's industry had an average PEG ratio of 1.24 as of yesterday's close.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 177, which puts it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.