Back to top

Image: Bigstock

Is Ford Motor (F) Stock Outpacing Its Auto-Tires-Trucks Peers This Year?

Read MoreHide Full Article

Investors interested in Auto-Tires-Trucks stocks should always be looking to find the best-performing companies in the group. Has Ford Motor Company (F - Free Report) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Auto-Tires-Trucks peers, we might be able to answer that question.

Ford Motor Company is a member of the Auto-Tires-Trucks sector. This group includes 104 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Ford Motor Company is currently sporting a Zacks Rank of #2 (Buy).

Over the past 90 days, the Zacks Consensus Estimate for F's full-year earnings has moved 7.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Based on the latest available data, F has gained about 1.8% so far this year. Meanwhile, stocks in the Auto-Tires-Trucks group have lost about 9.9% on average. This shows that Ford Motor Company is outperforming its peers so far this year.

Another Auto-Tires-Trucks stock, which has outperformed the sector so far this year, is Federal Signal (FSS - Free Report) . The stock has returned 20.7% year-to-date.

In Federal Signal's case, the consensus EPS estimate for the current year increased 4.8% over the past three months. The stock currently has a Zacks Rank #2 (Buy).

To break things down more, Ford Motor Company belongs to the Automotive - Domestic industry, a group that includes 17 individual companies and currently sits at #83 in the Zacks Industry Rank. On average, this group has lost an average of 10.1% so far this year, meaning that F is performing better in terms of year-to-date returns. Federal Signal is also part of the same industry.

Ford Motor Company and Federal Signal could continue their solid performance, so investors interested in Auto-Tires-Trucks stocks should continue to pay close attention to these stocks.

Published in