|Bid||0.00 x 900|
|Ask||8.50 x 1000|
|Day's range||8.19 - 8.52|
|52-week range||8.19 - 13.48|
|Beta (3Y Monthly)||0.74|
|PE ratio (TTM)||5.03|
|Earnings date||24 Oct 2018|
|Forward dividend & yield||0.60 (6.85%)|
|1y target est||10.17|
General Motors plans to roll out a robo-taxi service next year that will let urbanites hail a driverless Chevrolet Bolt. to create a juggernaut for services like ride hailing and car sharing. The global auto industry thinks it sees the future, and it will require a transformation without precedent in business history: The giant industrial sector has to turn itself into a nimble provider of software and services.
Even though Tesla is producing more electric vehicles than ever before, its debt and recent SEC fraud charges have left investors asking if CEO Elon Musk is good or bad for the company. Conversations with 35 current and former employees suggest that his cowboy management style has contributed to production delays and wasted resources.
According to the latest data compiled by Reuters, 76% of the 21 analysts covering Ford Motor Company (F) stock have given it a “hold” recommendation. As of October 18, analysts’ consensus 12-month target price for Ford is $9.96, with an upside potential of ~19% from its market price of $8.51.
In the previous part of this series, we looked at Ford (F) stock and how it has underperformed the S&P 500 Index in October and year-to-date. Stocks of auto companies (XLY) General Motors (GM), Fiat Chrysler (FCAU), and Tesla (TSLA) have also fallen in the last ten sessions due to the broader market sell-off.
Ford Motor Company (F), the second-largest US automaker by 2017 vehicle sales volume, is set to release its third quarter of 2018 earnings report on October 24. But before we see what to expect for the quarter, let’s see how Ford stock is faring.
With Ford Motor Co's stock at nearly a nine-year low and the company squeezed by tariffs and trade tensions, Chief Executive Jim Hackett sought to restore confidence among dealers gathered in Las Vegas this week, days ahead of announcing the automaker's third-quarter results. In closed-door meetings with members of Ford's national dealer network, Hackett and other top Ford executives showed off future versions of the popular Explorer and Escape SUVs, as well as new the Ranger mid-sized pickup truck and an unnamed smaller off-road utility vehicle, attendees said. Ford has said it will refresh 75 percent of its North American lineup over the next two years.
China is one of General Motors’ (GM) most important growth markets among all its international business operations. In 2017, GM’s China retail sales increased 4.4% YoY (year-over-year) to 4.04 million vehicle units. These sales gains were mainly driven by the Chinese market’s higher demand for luxury vehicles and government tax cuts on small cars. Now, let’s find out how the company’s key brands performed in China in the third quarter.
In the previous part of this series, we saw that Ford Motor Company (F) continued to report weakness in its Chinese market sales in September. In all three months of the third quarter, Ford’s China sales declined on a YoY (year-over-year) basis. The sales of its key brands—Changan Ford and JMC—faced a sharp YoY drop while Lincoln’s sales rose marginally. Now, let’s find out how General Motors’ (GM) China sales looked in the third quarter.
"Let the other guys keep dreaming about the future. We'll be the ones building it." That's what Bryan Cranston says against a variety of scenes that poke fun at today's high-tech visionaries while touching on the company's historic roots and "Built Ford Tough" slogan of past campaigns.
LAS VEGAS-- -- Ford’s new “Built Ford Proud” U.S. ad campaign launches this weekend with TV commercials throughout NCAA college football Saturday as the company aims to replace 75 percent of its U.S. lineup by 2020, including all-new Ford Ranger, Escape and Explorer next year and an all-electric performance SUV in 2020 The “Built Ford Proud” campaign – developed with dealer input – highlights Ford’s ...
Applications for the GT outstripped the previously planned limited run of 1,000 cars by more than six-to-one.
In the week that ended on October 12, the S&P 500 Index (SPY) fell 4.1%, but it bounced back earlier this week. In the last three sessions, the S&P 500 Index has recovered 1.5% as of October 17, primarily due to solid bank earnings and a sharp recovery in tech stocks. In contrast, the market turned negative again today, and at 1:45 PM EDT, the S&P 500 benchmark was down 1.8%, while the Dow Jones Industrial Average Index (DIA) and the NASDAQ Composite Index (QQQ) were down 1.8% and 2.3%, respectively, from the previous session’s close.
Prominent members of the world's business community are dropping out of Saudi Arabia's Future Investment Initiative, commonly known as Davos of the Middle East.
Ford Motor Company (F) sold about 64,383 vehicle units in China in September. This figure suggests a massive drop of ~43% from its Chinese sales (IYK) in September 2017. In July and August, the company’s China sales were even lower than September’s sales at 57,662 and 62,683 vehicle units, respectively.
In the previous part of this series, we looked at Harley-Davidson’s (HOG) valuation multiples, which are trading higher than Japanese motorcycle and car manufacturer Honda (HMC). While valuation multiples can help investors make better investment decisions, it’s also important to be aware of key technical levels to refine a stock’s entry and exit.
According to data compiled by Reuters on October 11, about 50.0%, 65.0%, and 54.0% of analysts gave “buy” recommendations on AutoZone (AZO), O’Reilly Automotive (ORLY), and Advance Auto Parts (AAP), respectively. Another 46.0%, 35.0%, and 46.0% of these analysts recommended a “hold” on AutoZone, O’Reilly, and Advance Auto Parts, respectively. O’Reilly and Advance Auto Parts didn’t receive any “sell” recommendations, and 4.0% of these analysts recommended a “sell” on AutoZone.
As of October 16, Harley-Davidson’s forward EV-to-EBITDA multiple was 11.9x. Three months ago, it was 12.3x. The multiple is based on its estimated EBITDA for the next 12 months.
Lee Munson, Portfolio Wealth Advisors President and Chief Investment Officer, thinks that Uber stock could be just like Facebook.
According to the China Association of Automobile Manufacturers data compiled by MarkLines Data Center, vehicle sales (IYK) in the Chinese market stood at ~2.39 million vehicle units in September. This reflected a sharp 11.6% drop from Chinese auto sales in September 2017.