Nasdaq F Ford

A federal judge in Detroit on Monday threw out a jury verdict ordering Ford Motor Co to pay Versata Software Inc $104.6 million for breaching a 2004 licensing contract and misappropriating trade secrets.

General Motors Co on Monday said it had cut several hundred full-time contract workers over the weekend including at its engineering hub in suburban Detroit, the latest effort by the U.S. automaker to streamline operations.

Below is Validea's guru fundamental report for FORD MOTOR CO (F). Of the 22 guru strategies we follow, F rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via di

Wall Street was bounced back after a flat week. I thought my "three stocks to avoid" -- Altria (NYSE: MO), Intel (NASDAQ: INTC), and MicroStrategy (NASDAQ: MSTR) -- were going to lose to the market in the past week. They rose 3%, 3%, and 13%, respectively. The final result was an

Ford Motor (NYSE: F) has been a relatively quiet stock as of late, as the Ford chart shows a stagnant price that has hovered within the $10-$16.50 forming a triangle pattern and closing this range to a smaller $11-$13 channel. With volatility drying up for the company's stock, i

Shutting down the assembly lines that build Super Duty pickup trucks at Ford Motor Co's Kentucky Truck Plant is a multimillion-dollar action company managers try hard to avoid.

Earnings season has brought its usual mix of rip-roaring rallies and steep sell-offs. In today's divergent market, many quality stocks are reaching all-time highs, while plenty of well-known stocks are also hitting 52-week lows.

Sporting a Zacks Rank #1 (Strong Buy) General Motors (GM) lands the Bull of the Day as there could be a nice amount of upside for the auto giant from its current levels.

The bulk of today's great companies were once unproven start-ups with big ideas. The prospect of finding a stock that can compound severalfold over time is one of the most alluring aspects of investing in the stock market. But it can also be the most risky form of investing as th

Ford (NYSE:F) is expected to publish its Q1 2023 results in early May, reporting on a quarter that saw deliveries jump meaningfully led by pickup truck sales. We expect Ford’s revenues for the quarter to come in at about $36.4 billion, marking a 13% increase versus last yea

Below is Validea's guru fundamental report for FORD MOTOR CO (F). Of the 22 guru strategies we follow, F rates highest using our Shareholder Yield Investor model based on the published strategy of Meb Faber. This strategy looks for companies returning cash to shareholders via di

Ford (NYSE: F) has been making vehicles for more than a century now. Rivian Automotive (NASDAQ: RIVN) produced its first vehicle only in late 2021. Yet Rivian stock has gained massive popularity in a short time, because Rivian became the first automaker to bring an electric picku

Brazil's ability to produce and sell hybrid cars that can run on 100% ethanol is a huge asset for its auto industry as global economies push for decarbonization to tackle climate change, Vice President Geraldo Alckmin told Reuters.

Auto giant Ford ( NYSE:F ) stock is now trading at $11.61,  over 50% lower than its all-time high of over $23 seen in January 2022. After losing over 40% in 2022, the stock has gained slightly (5.6% year-to-date). The big question is, is the stock undervalued? Does it make sense to buy now or wait? My belief is that with the ongoing macro uncertainty significantly impacting the auto sector outlook, it's best to stay on the sidelines despite undervalued stock price levels and attractive long-term growth potential in the electric vehicle (EV) space. Overall, the auto sector currently has multiple headwinds that make investors wary of auto stocks. Headwinds include high inflation and interest rates curbing vehicle demand, supply-chain issues, potential EV price wars, and overall macro uncertainty further sparked by the recent banking crisis. Still, a stalwart auto company like Ford has stood the test of time. Now, let's take a look at what’s in store for Ford, going forward. Ford is Bullish on EV Growth Potential Ford is leaving no stone unturned to gain a higher market share in the booming EV industry. While pickup trucks, large SUVs, and vans still make a larger share of Ford’s revenues, EVs could be a significant contributor to revenues and profits over the long term. For instance, to boost EV production, Ford disclosed that it's investing C$1.8 billion to transform its existing manufacturing hub for the production of next-generation EVs in Canada. This will accelerate the company’s EV production capacity, helping it to be on track to produce two million EVs by the end of 2026. Further, the company is looking to boost its sales in the booming Chinese market by rebranding its existing EV portfolio to have a better standing against the huge competition in China. The electrification of its existing fleet also offers potential growth opportunities for Ford. Ford’s EV portfolio is clearly growing, and the company looks set to achieve its target of 600,000 units by the end of 2023. Nevertheless, it's important to note that Ford's EV business is expected to report significant losses in the initial years due to the huge research and development costs (approximately 65% of Ford's total R&D) associated with the segment.   On the positive side, Ford expects to report an 8% margin on its EV business from the long-term target production of 2 million vehicles to be sold annually by 2026. The EV business turning profitable could be a big boost to the company's existing operating margins. However, ongoing headwinds in the form of macro uncertainty, supply-chain dynamics, and EV price wars could push Ford’s profitability goals for EVs further away. More importantly, Ford is enhancing its reporting structure with EVs as a new reported segment. The company will not report revenues by region anymore. Revenues will be reported under three business segments – 1. Blue: its traditional car business; 2. Pro: its commercial and government fleet business, and 3. Model e – its electric-vehicle business. This will give investors a clearer picture of the EV business' profitability roadmap. Investors are eagerly waiting for the upcoming Q1 earnings scheduled to release on May 2, especially with the newly-reported business segments. The preceding Q4 results on February 2 failed to meet Wall Street's expectations. What was even more discouraging was management’s commentary, which revealed that there were internal execution issues within its manufacturing operations that led to subpar results. Ford Makes Meaningful Investments in EV Battery Production The auto industry is undergoing a massive evolution after the invention of EVs. EV sales are seeing a significant boom compared to traditional vehicles. However, an EV price war could be incoming based on repetitive price cuts by top EV makers like Tesla ( NASDAQ:TSLA ) over the past few months. Leading EV makers are now finding ways to minimize their production costs. Lithium is the buzzword, as it is the primary material used in EVs. So far, EVs depend on global lithium producers for their key input. However, major lithium-rich countries, with an aim to safeguard their natural resources, are nationalizing their lithium deposits or controlling their exports. In such a scenario, building one’s own lithium plant would mean lower costs and leaping the biggest bottleneck of supply constraints for EV giants like Ford. Likewise, in February, Ford announced that it will collaborate with a China-based battery giant - CATL -  to build a new lithium iron phosphate (LFP)  battery plant worth $3.5 billion for use in electric vehicles. Based in Michigan, U.S., the plant is expected to start production in 2026. Further, it is collaborating with nickel producers globally to build nickel cobalt manganese (NCM) batteries. Having its own batteries, instead of depending on a global supplier, will fix a lot of production issues, speed up the production of EVs and likely bring down costs significantly as well. What's more, the new lithium batteries will be cheaper than the nickel cobalt manganese batteries currently being used in Ford vehicles. Is Ford Stock a Buy, According to Analysts? Given the challenges faced by the auto industry at large, Ford Motor stock has received five Buys, seven Holds, and three Sells for a Hold consensus rating. Additionally, Ford stock’s average price forecast of $13.65 implies 17.6% upside potential. Ford is currently trading at a P/E ratio of 7x, at a significant discount to the peer group median (14x). Further, it’s trading at a lower earnings multiple than its five-year average of 8x. Conclusion: Remain on the Sidelines Ford is clearly bullish on the EV industry’s future and is making efforts to capture market share gains in this highly-attractive space. Longer-term, the efforts will likely pay off. However, auto sector headwinds are expected to prevail in the coming months. The EV sector, especially, is struggling with lower demand, increased competition, and pricing wars leading to compressed margins. With the expectations of waning demand, muted revenue, and margin growth for the next few quarters, I don’t see significant near-term upside for Ford stock. Therefore, I will stay on the sidelines. Disclosure

Next week will be packed with more quarterly reports, as earnings season remains in full swing. The start of the month will also bring a slew of economic news, with the latest Fed interest rate decision and employment data highlighting the week. Advanced Micro Devices (AMD), Avis

Ford F is slated to release first-quarter 2023 results on May 2, after the closing bell. The Zacks Consensus Estimate for the quarter’s earnings is pegged at 37 cents a share. The bottom-line projection implies a year-over-year decline of 2.63%. The Zacks Consensus Estima

The following are the top rated Consumer Discretionary stocks according to Validea's Earnings Yield Investor model based on the published strategy of Joel Greenblatt. This value model looks for companies with high return on capital and earnings yields.URBAN OUTFITTERS, INC. (URBN

Fox Factory Holding (FOXF) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual

Ford Motor Company (F) closed at $11.54 in the latest trading session, marking a -1.95% move from the prior day. This move lagged the S&P 500's daily loss of 0.38%. Elsewhere, the Dow lost 0.68%, while the tech-heavy Nasdaq lost 10.47%.

The NASDAQ 100 After Hours Indicator is up 84.94 to 12,891.42. The total After hours volume is currently 99,748,745 shares traded.The following are the most active stocks for the after hours session: Meta Platforms, Inc. (META) is +20.98 at $230.38, with 6,168,595 shares traded.