Within the newest market shut, Ford Motor Firm (F) reached $9.71, with a +0.62% motion in comparison with the day past. This modification outpaced the S&P 500’s 0.16% achieve on the day. In the meantime, the Dow skilled an increase of 0.86%, and the technology-dominated Nasdaq noticed a lower of 0.38%.
Heading into at the moment, shares of the corporate had misplaced 7.12% over the previous month, lagging the Auto-Tires-Vehicles sector’s lack of 6.74% and the S&P 500’s lack of 2.2% in that point.
Buyers can be eagerly looking ahead to the efficiency of Ford Motor Firm in its upcoming earnings disclosure. The corporate is predicted to put up an EPS of $0.34, indicating a 17.24% progress in comparison with the equal quarter final yr. Alongside, our most up-to-date consensus estimate is anticipating income of $43.63 billion, indicating a 0.76% upward motion from the identical quarter final yr.
Buyers also needs to take note of any newest modifications in analyst estimates for Ford Motor Firm. These revisions assist to indicate the ever-changing nature of near-term enterprise developments. In consequence, upbeat modifications in estimates point out analysts’ favorable outlook on the corporate’s enterprise well being and profitability.
Our analysis demonstrates that these changes in estimates immediately affiliate with imminent inventory value efficiency. Buyers can capitalize on this by utilizing the Zacks Rank. This mannequin considers these estimate modifications and gives a easy, actionable score system.
The Zacks Rank system, spanning from #1 (Robust Purchase) to #5 (Robust Promote), boasts a formidable monitor report of outperformance, audited externally, with #1 ranked shares yielding a median annual return of +25% since 1988. Inside the previous 30 days, our consensus EPS projection has moved 0.99% decrease. At present, Ford Motor Firm is carrying a Zacks Rank of #3 (Maintain).
From a valuation perspective, Ford Motor Firm is at present exchanging fingers at a Ahead P/E ratio of 5.63. This denotes a reduction relative to the business’s common Ahead P/E of 13.97.
In the meantime, F’s PEG ratio is at present 1.86. Corresponding to the broadly accepted P/E ratio, the PEG ratio additionally accounts for the corporate’s projected earnings progress. The Automotive – Home business had a median PEG ratio of 1.67 as buying and selling concluded yesterday.
The Automotive – Home business is a part of the Auto-Tires-Vehicles sector. At current, this business carries a Zacks Trade Rank of 63, putting it inside the high 26% of over 250 industries.
The Zacks Trade Rank evaluates the ability of our distinct business teams by figuring out the typical Zacks Rank of the person shares forming the teams. Our analysis exhibits that the highest 50% rated industries outperform the underside half by an element of two to 1.
Yow will discover extra data on all of those metrics, and rather more, on Zacks.com.
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Ford Motor Company (F) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.