10.94 -0.04 (-0.36%)
Pre-Market: 8:06AM EDT
|Bid||10.92 x 900|
|Ask||10.95 x 3000|
|Day's Range||10.91 - 11.05|
|52 Week Range||10.14 - 13.48|
|PE Ratio (TTM)||5.69|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||0.60 (5.36%)|
|1y Target Est||12.39|
According to data compiled by Reuters on July 11, about 19.0% of the 21 analysts covering Ford Motor Company (F) recommended a “buy.” About 76.0% of these analysts remained uncertain and recommended a “hold” on the company’s stock, and the remaining 5.0% of these analysts gave it a “sell” rating.
Canadian government customs provisions are expected to soften the blow on the country's powerful automotive industry from retaliatory tariffs on U.S. steel, according to trade lawyers and industry leaders bracing for higher costs. Decades-old programs reduce or refund import duties on supplies like steel when companies in Canada can show the material is used in export products. While imposing tariffs against a long list of U.S. products this month, Canada clarified that "duties relief" and "duty drawback" programs would be available to Canadian exporters.
The auto industry’s second-quarter earnings season is about to begin, and the majority of auto stocks are trading on a mixed note. According to recent estimates by Autodata, US light vehicle sales rose to 4.5 million units in the second quarter this year. Let’s take a look at the recent price movement in auto stocks.
The leader of Ontario's Opposition said Friday that Doug Ford's decision to repeal Ontario's modernized sex-ed curriculum and replace it with a 20-year-old version was a move to please social conservatives and one that would hurt the province's children. Andrea Horwath called on Ford to keep the 2015 iteration of the curriculum brought in by the previous Liberal government, saying the 1998 version it was being temporarily replaced with was woefully out of date. "Doug Ford cares more about the favours that he owes to social conservatives than he does about keeping our young people safe," said the NDP leader, arguing that Ford was aiming to please those who helped him win the party leadership earlier this year.
The Board of Directors of Ford Motor Company declared a third quarter regular dividend of $0.15 per share on the company’s outstanding Class B and common stock.
Let's see if Ford Motor Company (F) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.
Tesla (TSLA) raises prices of Model X and Model S and also, inks a deal to build its first factory outside the United States. Ford (F), however, abstains from raising prices.
SHANGHAI—Ford Motor Co. sales in China plunged 26% in the first half of 2018 compared with the same period last year, and there is little relief in sight as U.S.-China trade tensions worsen. China’s auto market overall grew 5.6% in the first six months, with sales reaching 14.1 million vehicles, according to figures released Wednesday by the government-backed China Association of Automobile Manufacturers. By comparison, General Motors Co. booked a record first-half performance in China, with sales increasing 4% to 1.84 million.
Among the companies with shares expected to trade actively in Wednesday's session are Boeing, Ford, American Airlines, Pfizer and Comcast.
Alphabet’s (GOOGL) Waymo is looking to launch its driverless taxi service in Europe. In the United States, Waymo is already undergoing a test of its autonomous taxi service in Phoenix, Arizona, with select free riders. Waymo is expected to launch its paid taxi service before the end of this year—first in Phoenix before rolling it out to other parts of the country.
Companies team up with Qualcomm and Savari to showcase C-V2X ' s advanced performance for safety, traffic efficiency and autonomy Exhibition includes communication between vehicles, motorcycles and infrastructure, ...
The station wagon, or estate wagon as they call it in Europe, has lost favor in this country for some time now. But among car and performance enthusiasts the question is: Why? A station wagon, especially one with performance aspirations, can give you all the attributes of a high-performance car, with the utility of an SUV-like hatch in the back.
The auto industry stands to suffer the most with President Donald Trump having implemented the first set of tariffs on goods imported from China on Jul 6.
Last week, General Motors (GM) stock settled at $39.16 with a ~0.6% loss for the week. This was the fourth consecutive week that GM stock fell. In the previous week, the stock fell 4.5%. In the second quarter, General Motors stock gained 8.4% as compared to a 2.9% rise in the S&P 500 Index.
In the previous part of this series, we explored how Wall Street analysts are rating the top two US auto giants, General Motors (GM) and Ford (F). Currently, a higher percentage of Wall Street analysts have been favoring a “buy” for GM stock with higher upside potential as compared to Ford stock for the last few months. GM’s strong first half of 2018 sales, a key focus on improving profitability, and its strategy to exit loss-making market segments could be key reasons for analysts’ positive views on its stock.
Despite tariff hikes, Ford (F) has no plan to increase prices of U.S.-manufactured imported vehicles in China. It is likely to hurt the company's already-ailing profit margins.
One market watcher is on the lookout for the corners of Wall Street that will rally if the U.S. holds its lead through the second half of 2018.
In the week ended July 6, Ford Motor Company’s (F) stock settled at $11.06 with a minor loss of 0.1%. This was the fourth consecutive week that the stock fell after rising for the previous four weeks in a row. In the previous week, the stock fell 5%. As of July 6, the company’s stock has lost 10.4% in 2018 so far. By comparison (XLY), General Motors (GM), Tesla (TSLA), and Honda (HMC) have also gone down by 4.5%, 0.8%, and 14.3% year-to-date, respectively.
According to recent data compiled by Reuters, only 19% of analysts covering Ford stock (F) gave it “buy” ratings. By comparison, a much higher percentage of about 60% of analysts covering GM stock gave it “buy” ratings. These ratings were based on the consensus of 20 analysts covering GM and 21 analysts covering Ford as of July 5.
SHANGHAI—Tesla buyers in China will be among the first consumers to feel the pinch from the U.S.-China trade dispute. It came after the U.S. and China on Friday imposed tit-for-tat tariffs on $34 billion of each other’s goods, which affected U.S.-built cars exported to China including Teslas. The Silicon Valley electric-car maker had briefly cut prices by about 6% after the Chinese government reduced its tariffs on imported cars to 15% from 25% on July 1.
Last week, Tesla stock (TSLA) turned negative again after gaining 2.8% in the previous week. On July 6, the stock settled at $308.9 with a 9.9% weekly loss. TSLA ended the second quarter in positive territory with 28.9% gains. TSLA was the top gainer among auto stocks in the second quarter. During the quarter, other auto stocks (XLY) like General Motors (GM) and Ferrari (RACE) rose 8.4% and 12%, respectively. In contrast, Ford (F) and Fiat Chrysler (FCAU) lost about 0.1% and 7.9%, respectively, in the second quarter.
China slapped tariffs on U.S. car imports on Friday in response to President Donald Trump's move to impose duties on $34 billion worth of Chinese goods. Tesla has been banking heavily on China, the world's largest automotive market, to boost sales of its electric cars and has plans to build a factory in the country.
In 2017, General Motors’ (GM) Chevrolet brand’s retail sales were down 1.0% on a YoY basis. Also, Chevrolet’s total US sales fell 1.5% YoY last year. In the first quarter this year, Chevrolet brand demand jumped 4.1% YoY. In the second quarter, Chevrolet brand’s total US sales growth rate improved as compared to Q1 and acted as a positive factor for GM’s total US sales. Let’s take a look.