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Ford Motor Company (F) closed at $9.61 in the latest trading session, marking a -0.41% move from the prior day. The stock exceeded the S&P 500, which registered a loss of 1.78% for the day. Elsewhere, the Dow lost 0.99%, while the tech-heavy Nasdaq lost 2.61%.
Prior to today's trading, shares of the company had lost 3.6% over the past month. This has was narrower than the Auto-Tires-Trucks sector's loss of 15.76% and lagged the S&P 500's loss of 3.48% in that time.
Analysts and investors alike will be keeping a close eye on the performance of Ford Motor Company in its upcoming earnings disclosure. On that day, Ford Motor Company is projected to report earnings of $0.07 per share, which would represent a year-over-year decline of 85.71%. At the same time, our most recent consensus estimate is projecting a revenue of $35.51 billion, reflecting a 10.99% fall from the equivalent quarter last year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.37 per share and a revenue of $166.15 billion, signifying shifts of -25.54% and -3.78%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Ford Motor Company. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, 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. Over the past month, the Zacks Consensus EPS estimate has moved 19.24% lower. Ford Motor Company is currently a Zacks Rank #4 (Sell).
In the context of valuation, Ford Motor Company is at present trading with a Forward P/E ratio of 7.03. Its industry sports an average Forward P/E of 11.03, so one might conclude that Ford Motor Company is trading at a discount comparatively.
Meanwhile, F's PEG ratio is currently 0.67. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Automotive - Domestic industry held an average PEG ratio of 1.15.