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Ford (F) Gains But Lags Market: What You Should Know
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Ford (F - Free Report) closed at $9.73 in the latest trading session, marking a +0.15% move from the prior day. The stock lagged the S&P 500's daily gain of 0.21%. Elsewhere, the Dow gained 0.17%, while the tech-heavy Nasdaq added 0.27%.
Coming into today, shares of the automaker had lost 5.73% in the past month. In that same time, the Auto-Tires-Trucks sector lost 8.83%, while the S&P 500 lost 5.26%.
Wall Street will be looking for positivity from F as it approaches its next earnings report date. The company is expected to report EPS of $0.33, up 22.22% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $35.69 billion, down 0.6% from the year-ago period.
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 +6.15% and -1.31%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for F. These recent revisions tend to reflect the evolving nature of short-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. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 4.38% higher within the past month. F currently has a Zacks Rank of #2 (Buy).
In terms of valuation, F is currently trading at a Forward P/E ratio of 7.05. This represents a discount compared to its industry's average Forward P/E of 10.51.
Investors should also note that F has a PEG ratio of 0.97 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Automotive - Domestic industry currently had an average PEG ratio of 1.2 as of yesterday's close.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 164, putting it in the bottom 36% 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.
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 (F) Gains But Lags Market: What You Should Know
Ford (F - Free Report) closed at $9.73 in the latest trading session, marking a +0.15% move from the prior day. The stock lagged the S&P 500's daily gain of 0.21%. Elsewhere, the Dow gained 0.17%, while the tech-heavy Nasdaq added 0.27%.
Coming into today, shares of the automaker had lost 5.73% in the past month. In that same time, the Auto-Tires-Trucks sector lost 8.83%, while the S&P 500 lost 5.26%.
Wall Street will be looking for positivity from F as it approaches its next earnings report date. The company is expected to report EPS of $0.33, up 22.22% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $35.69 billion, down 0.6% from the year-ago period.
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 +6.15% and -1.31%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for F. These recent revisions tend to reflect the evolving nature of short-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. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 4.38% higher within the past month. F currently has a Zacks Rank of #2 (Buy).
In terms of valuation, F is currently trading at a Forward P/E ratio of 7.05. This represents a discount compared to its industry's average Forward P/E of 10.51.
Investors should also note that F has a PEG ratio of 0.97 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Automotive - Domestic industry currently had an average PEG ratio of 1.2 as of yesterday's close.
The Automotive - Domestic industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 164, putting it in the bottom 36% 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.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.