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Nasdaq F Ford

Ford (F) Q1 Earnings Lag Estimates, Revenues Shrink Y/Y

4 years 5 months ago
Ford Motor F reported adjusted earnings of 38 cents per share in first-quarter 2022, missing the Zacks Consensus Estimate of 39 cents. Lower-than-expected profits in North America and a wider-than-expected pretax loss in China led to this underperformance.  The bottom lin
Zacks

Tesla Did It Again: Another Record Quarter

4 years 5 months ago
Tesla (NASDAQ: TSLA) has been on a winning streak lately. After delivering its first-ever profitable year in 2020, it notched record-breaking volume, revenue, and net profits in 2021.
The Motley Fool

3 Companies Leading Tesla in Autonomous Driving

4 years 5 months ago
While Tesla (NASDAQ: TSLA) has become one of the global leaders in electric vehicle production, it is still playing catch-up in the fully autonomous driving industry. In this clip from "Ask Us Anything" on Motley Fool Live, recorded on April 21, Fool.com contributors Nick Rossoli
The Motley Fool

3 Top EV Stocks Ready for a Bull Run

4 years 5 months ago
Electric car sales have risen rapidly in recent years, but 2021 was an inflection point for the industry, what with global electric car sales more than doubling in the year despite a severe shortage of semiconductor chips. Electric vehicles (EVs) typically use a lot more semicond
The Motley Fool

Will Ford ‘Go Further’ in Q1?

4 years 5 months ago

Michigan-based Ford Motor Co. (NYSE: F) designs, manufactures and sells automobiles and commercial vehicles under the Ford brand and luxury cars under the Lincoln brand.

Its Ford family includes Fusion sedan, Ecosport compact SUV, Bronco SUV, Explorer SUV, Mustang sports car, Mach-E SUV, F-150 pickup truck, and Ranger, a midsize pickup truck. Under the Lincoln brand, the company’s models include three SUVs -- Navigator, Aviator, and Nautilus.

Further, Ford has joint ventures in China (Changan Ford), Taiwan (Ford Lio Ho), Thailand (AutoAlliance Thailand), Turkey (Ford Otosan), and Russia (Ford Sollers).

The carmaker is scheduled to announce its first-quarter results on April 27 after the market closes.

Q4 Results

Ford reported mixed results in the fourth quarter of 2021. Revenues increased 5% year-over-year to $37.7 billion, beating the Street’s estimate of $35.77 billion.

However, adjusted EPS came in at $0.26, lower than analysts’ expectations of $0.42 and the year-ago figure of $0.34 per share.

Q1 Expectations

For the first quarter, analysts expect the company to report earnings and revenues of $0.38 per share and $31.09 billion, respectively.

Website Traffic

In March, Ford’s U.S. retail sales declined 30.1% year-over-year but remained up 23.2% month-on-month. A similar monthly trend can be seen on TipRanks’ Website Traffic Tool. This new tool measures and analyzes a company’s website visits over a specified time period.

According to the tool, Ford’s website traffic registered an 8.1% rise in global visits in March, compared to February. Moreover, the footfall on the company’s website has grown 5% quarter-over-quarter.

All-Electric F-150s in Production

Meanwhile, Ford has commenced the production of its all-electric F-150 pickup truck, Lightning, a report published by The Wall Street Journal said.

Ford’s CEO Jim Farley said that the EV’s price will start from $40,000. The company said it has already received 200,000 orders for the e-truck. It aims to manufacture 150,000 units per year.

Analyst's Take

Ahead of the first-quarter results, J.P. Morgan (NYSE: JPM) analyst Ryan Brinkman maintained a Buy rating on the stock and lowered the price target to $21 from $22 (42.8% upside potential).

The analyst has cut his estimates for Ford for the second time this quarter on account of “a reduced outlook for global light vehicle sales and production.”

Overall, the stock has a Moderate Buy consensus rating based on six Buys, six Holds and two Sells. Ford’s average price target of $20.62 implies 40.2% upside potential.

Conclusion

Shares of Ford have declined 31.6% year-to-date and almost 24% in the last three months due to additional challenges that the Russia-Ukraine war has created for the auto industry, which is already struggling with the shortage of semiconductor chips.

The conflict has resulted in increased inflation and interest rates that are having an indirect impact on the industry. Investors should wait and watch how Ford plans to deal with these issues as it works towards boosting its EV production capacity.

Learn more about the Website Traffic tool in this video by Youtube sensation Tom Nash. 

Read full Disclaimer & Disclosure

TipRanks

2 Undervalued EV Stocks You Can Buy and Hold for the Next Decade

4 years 5 months ago
The electric vehicle (EV) market is evolving fast. With new players and dynamics, there is a lot of uncertainty as to which companies will emerge as long-term winners. So, investors need to largely make their investing decisions based the companies' growth potential and future st
The Motley Fool

Should You Buy Tesla Ahead of Its Stock Split?

4 years 5 months ago
A regulatory filing made by Tesla (NASDAQ: TSLA) at the end of March revealed that the electric vehicle (EV) leader plans to carry out another stock split. Exact details about the plan were scarce, but the filing did indicate that the move would pave the way for CEO Elon Musk's c
The Motley Fool
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