Expect F to gap up this morning on earnings even what looks like a big down for the markets Ford's 1Q net income doubles on truck, SUV sales DEARBORN, Mich. (AP) — Ford Motor Co.'s net income more than doubled to $2.5 billion in the first quarter as strong sales of trucks and SUVs pushed North American revenue to record levels. http://finance.yahoo.com/news/fords-1q-net-income-doubles-110749958.html Ford beats, has best-ever quarter for profits Ford reported first-quarter earning on Thursday, and they beat expectations. The car maker earned $0.68 per share on revenue of $37.7 billion. Analysts had expected $0.48 per share. It was Ford's best-ever quarter, the company said, with a pre-tax profit of $3.8 billion and net income of $2.5 billion. http://finance.yahoo.com/news/ford-beats-best-ever-quarter-111044842.html
Reported before open today (4/28/16) Earnings: EPS $0.68 Revenue $37.7B Estimates: EPS $0.43 Revenue $36.1B Up 1.5% pre-market this morning
F 113% surge in qtrly net income & records for global & North American operating margins. Record pre-tax profit of $3.1B (up $1.5B)
Ford Posts Record Profit And Sees No Sign of Industry Slowdown Raking in money from pickup truck and SUV sales, Ford Motor F +0.44% handily beat Wall Street’s first-quarter estimates today with a record pre-tax income of $3.8 billion and brushed off concerns of an industry slowdown. “We continue to see external conditions supportive of global growth,” Chief Financial Officer Robert Shanks said in an interview, adding that the U.S. economy will see modest growth between 2 percent and 2.5 percent. Ford said it’s still on track to match or beat 2015′s record performance. http://www.forbes.com/sites/joannmu...mpaign=yahootix&partner=yahootix#7cb590ba6afd
You can expect some upgrades and increased target prices from today's earnings and forecast. With that F broke 14 with the DOW down 45 points
Merrill Lynch gives price target increase but a downgrade from a buy. Was he drinking when he wrote this Ford Motor Co. (NYSE: F) was downgraded to Neutral from Buy at Merrill Lynch based on relative valuation and an expected earnings fade in the second half of 2016. That being said, the firm raised estimates and raised its price objective to $17 from $16 in the call. Ford closed up 3.1% at $14.09 on Thursday, but shares were indicated down 0.8% at $13.98 on Friday, versus a 52-week trading range of $10.44 to $15.94. http://247wallst.com/investing/2016...a-western-digital-whiting-petroleum-and-more/
Backing up the bus the analyst's had previousy said that the auto industry had already peaked in 2015, which F has already proved them wrong. Now they have moved it up to 2018 for a peak. They must be short to give a downgrade "Despite our downgrade of Ford's stock on relative valuation and lack of catalysts, we remain constructive on the US auto cycle, and continue to expect 2016 full-year sales of 18.2mm units, ultimately reaching a peak of 20mm units in 2018," analysts added. http://www.thestreet.com/story/1355...ofa-merrill-lynch.html?puc=yahoo&cm_ven=YAHOO
I'm not sure about that long term but for shorter term I think F is going to do well. The next 2 quarters are summertime sales and the industry as a whole typically does well in summer quarters. I'm already at a full position size so I'll be holding where I am unless we start hitting new highs that start reaching up to 17 per share. 16.50 might start tempting me to sell half but not sure until I see how it gets there. Optimistic yes
The sell of was a little over done, F trying to come back now Ford F-Series Takes 40% of April Pickup Sales The Detroit Three automakers’ stocks were getting punished Tuesday morning after reporting monthly sales for April that were short of the totals that analysts expected. All three carmakers, though, posted solid gains in sales of their pickup trucks. Ford Motor Co. (NYSE: F) sold 70,774 F-Series full-size pickups in the month of April, an increase of 12.6% year over year. Compared with March 2016 sales, however, that’s a decline of 4.2%. General Motors Co. (NYSE: GM) said sales of its Silverado pickups rose 8.7% year over year in April to 49,990 units. Sales of the company’s GMC Sierra trucks rose 13.5% to 20,531 for a combined total of 70,521. Fiat Chrysler Automobiles N.V. (NYSE: FCAU) sold 41,079 Ram pickups in April, an increase of 8% year over year. The other full-size pickups on offer in the United States are the Tundra from Toyota Motor Corp. (NYSE: TM) and the Nissan Titan. Tundra’s sales totaled 10,259 in April (down 4% year over year). The Titan sold 1,010 units in April, down 2.7% compared with April 2015. http://247wallst.com/autos/2016/05/03/ford-f-series-takes-40-of-april-pickup-sales/
Bought in yesterday at 13.62. Over the years I had expected more from Ford but it just never moves up much. I think that it's around the corner now. 23 is what I am thinking could be coming. Divy makes it a bit better too.
Good to see you again siri, we played F back in 09 on HSM. My divi's have been compounding since then U.S. Auto Sales Back on Track in April Auto makers say low fuel prices, favorable credit conditions and a strengthening economy continue to bring buyers into dealerships. “The U.S. economy continues to grow despite some mixed data,” Ford Motor Co. senior economist Bryan Bezold said during a conference call. Fleet sales to rental-car companies, government buyers or corporate accounts drove much of the gains through March. Analysts said April retail sales to individual buyers held steady meanwhile. With gas prices hovering at about $2 a gallon on average nationwide, customers continued to snap up pricier trucks and sport-utility vehicles with sales of those models to climbing 11% in April, according to Autodata. Passenger-car sales, meanwhile, fell 5% as more shoppers gravitate to roomier vehicles. Ford, like its domestic rivals, is disproportionately benefiting from that shift. The company delivered more than 70,000 F-series pickups—its most profitable model—for the second month in a row, and sold the most SUVs in its history. http://www.wsj.com/articles/fiat-ch...278637?ru=yahoo?mod=yahoo_itp#:enzkUJAk6taMHA
Ford to invest $182M in software company Pivotal -- Ford invests $182.2 million in Pivotal, a cloud-based software company headquartered in San Francisco, to further strengthen its core software abilities and deliver innovations to customers more quickly -- The investment is part of Ford’s expansion to be both an auto and a mobility company -- Already partners, Ford and Pivotal now will expand the use of advanced software development methodologies, analytics tools and a cloud platform throughout Ford’s Product Development and IT teams, including new software labs to support Ford Smart Mobility -- Ford CIO Marcy Klevorn will join the board of directors at Pivotal
Ford Sales in Europe Continue to Rise in April; Mustang Germany’s No.1 Sports Car Among Private Retail Buyers Ford’s best April total vehicle sales since 2009; best passenger car sales since 2010; and best commercial vehicle sales since 1993* Ford sales in April rose 6.3% to 113,400 vehicles in the European 20 traditional markets*, and up 4.7% to 129,600 vehicles in its European 50 total markets** http://finance.yahoo.com/news/ford-sales-europe-continue-rise-070000938.html
50MA just crossed over the 200MA and held as support for F. The 50MA looks to be flattening out, but still crossed over. I'm in at $13.33 (with a stop at $13) hoping for a bounce up off support at the MA's and headed up into the $14's.
Tradingview has the 50 sma still below the 200 sma. Think it has to do with the dividend... 50 sma = 13.30 200 sma = 13.63 Your software has F dipping to 12.25 in April while tradingview only has it down to 12.39. But both show it at 13.22 today.
