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Ford Motor Company (F) Dips More Than Broader Markets: What You Should Know

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Ford Motor Company (F - Free Report) closed the most recent trading day at $12.67, moving -0.39% from the previous trading session. This change lagged the S&P 500's daily loss of 0.2%. Elsewhere, the Dow lost 1.14%, while the tech-heavy Nasdaq added 1.39%.

Prior to today's trading, shares of the company had gained 8.81% over the past month. This has outpaced the Auto-Tires-Trucks sector's loss of 5.25% and the S&P 500's gain of 4.01% in that time.

Ford Motor Company will be looking to display strength as it nears its next earnings release, which is expected to be February 2, 2023. On that day, Ford Motor Company is projected to report earnings of $0.59 per share, which would represent year-over-year growth of 126.92%. Our most recent consensus estimate is calling for quarterly revenue of $39.88 billion, up 12.96% from the year-ago period.

Investors might also notice recent changes to analyst estimates for Ford Motor Company. Recent revisions tend to reflect the latest near-term business trends. 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.

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. Within the past 30 days, our consensus EPS projection has moved 3.96% lower. Ford Motor Company currently has a Zacks Rank of #4 (Sell).

Valuation is also important, so investors should note that Ford Motor Company has a Forward P/E ratio of 7.33 right now. This represents a discount compared to its industry's average Forward P/E of 12.05.

Also, we should mention that F has a PEG ratio of 1.06. 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 1.05 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 182, which puts it in the bottom 28% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual 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.

You can find more information on all of these metrics, and much more, on Zacks.com.


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