Ford (F - Free Report) closed at $9.28 in the latest trading session, marking a -0.96% move from the prior day. The stock lagged the S&P 500's daily loss of 0.33%. Elsewhere, the Dow lost 0.4%, while the tech-heavy Nasdaq lost 0.21%.
Heading into today, shares of the automaker had lost 6.19% over the past month, lagging the Auto-Tires-Trucks sector's gain of 0.08% and the S&P 500's gain of 1.6% in that time.
Wall Street will be looking for positivity from F as it approaches its next earnings report date. This is expected to be October 25, 2018. The company is expected to report EPS of $0.33, down 23.26% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $34.49 billion, up 2.5% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $1.38 per share and revenue of $146.35 billion, which would represent changes of -22.47% and -1.47%, respectively, from the prior year.
Any recent changes to analyst estimates for F should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
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. Over the past month, the Zacks Consensus EPS estimate remained stagnant. F is currently sporting a Zacks Rank of #4 (Sell).
Digging into valuation, F currently has a Forward P/E ratio of 6.8. This valuation marks a discount compared to its industry's average Forward P/E of 12.64.
Investors should also note that F has a PEG ratio of 1.28 right now. 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. The Automotive - Domestic was holding an average PEG ratio of 1.28 at yesterday's closing price.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 113, which puts it in the top 44% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.