Ford (F, $16.33) gets rating upgrade at Credit Suisse
Ford Motor shares rose higher Wednesday, following a rating boost from analysts at Credit Suisse .
Credit Suisse analyst Dan Levy hiked his rating on the automaker’s shares to 'outperform', from 'neutral'. Levy also boosted his price target on the stock by $5, to $20 a share. The analyst cited a favorable industry cycle heading into 2023, bolstered by inventory rebuilding and better positioning of Ford in the electric vehicle market.
Last month. Ford mentioned that its overall U.S. vehicle sales fell -17.7% year-over-year over the month of September, , while truck sales were -22.6% lower. The company’s electrified car sales, however, climbed +91.6% year-over-year.
Ford expanded its overall inventory by 21,000 vehicles over the month, notwithstanding plant closures and delays owing to the global shortage in semiconductors. It achieved a gross stock total of 236,000 units.
Levy is expecting Ford and its rival General Motors to beat Street earnings forecasts next week.
Ford will publish its third quarter earnings after the close of trading on Wednesday October 27. Analysts are expecting an adjusted earnings of 27 cents per share on revenues of $32.656 billion.
F sees MACD Histogram crosses below signal line
F saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on May 06, 2022. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 44 instances where the indicator turned negative. In 31 of the 44 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 70%.
Current price $13.05 crossed the support line at $12.98 and is trading between $15.23 resistance and $12.98 support lines. Throughout the month of 04/13/22 - 05/16/22, the price experienced a -15% Downtrend. During the week of 05/09/22 - 05/16/22, the stock fell -2%.
The Momentum Indicator moved below the 0 level on April 26, 2022. You may want to consider selling the stock, shorting the stock, or exploring put options on F as a result. In 48 of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 54%.
The 50-day Moving Average for F moved below the 200-day moving average on April 18, 2022. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where F declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 62%.
The Aroon Indicator for F entered a downward trend on May 11, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where F's RSI Oscillator exited the oversold zone, 19 of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 63%.
The Stochastic Indicator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +4.98% 3-day Advance, the price is estimated to grow further. Considering data from situations where F advanced for three days, in 184 of 290 cases, the price rose further within the following month. The odds of a continued upward trend are 63%.
F may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 64%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.91.
The Tickeron Seasonality Score of 85 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron PE Growth Rating for this company is 84 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 68 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. F’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock better than average.
The Tickeron Price Growth Rating for this company is 62 (best 1 - 100 worst), indicating steady price growth. F’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of 24 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.206) is normal, around the industry mean (2.904). P/E Ratio (4.719) is within average values for comparable stocks, (72.662). Projected Growth (PEG Ratio) (0.321) is also within normal values, averaging (1.483). Dividend Yield (0.022) settles around the average of (0.035) among similar stocks. P/S Ratio (0.404) is also within normal values, averaging (141.420).
The Tickeron SMR rating for this company is 9 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
Automobiles continue to be arguably the most popular form of passenger travel in the U.S., and major automobile makers have revenues and market capitalizations running into multi-billions. In recent years, the industry has been experiencing some path-breaking innovations like electric vehicles and self-driving technology. While there are long-standing companies like General Motors, Ford, and Toyota Motors operating in this space, there are also emerging/rapidly growing players like Tesla – which has had a major role in the growing popularity of the electric vehicle market. With technological advancements taking steam in the auto space, we’ve also witnessed collaborations (or talks of potential partnerships) of carmakers with tech behemoths like Google’s subsidiary, Waymo.
The average market capitalization across the Motor Vehicles Industry is 31.9B. The market cap for tickers in the group ranges from 4.3M to 797.3B. TSLA holds the highest valuation in this group at 797.3B. The lowest valued company is GKIT at 4.3M.
The average weekly price growth across all stocks in the Motor Vehicles Industry was 2.31%. For the same Industry, the average monthly price growth was -8.98%, and the average quarterly price growth was -32.59%. RIDE experienced the highest price growth at 27.17%, while BLBD experienced the biggest fall at -20.77%.
- 4/20/22 8:58 AM: Ford Motor (F, $16.15) was a top weekly gainer, with a +5.14% jump
- 3/19/22 4:49 AM: Ford Motor (F, $16.86) was a top weekly gainer, with a +5.11% jump
- 3/3/22 7:26 AM: Ford Motor (F, $18.1) was a top weekly gainer, with a +6.78% jump
The average weekly volume growth across all stocks in the Motor Vehicles Industry was -60.74%. For the same stocks of the Industry, the average monthly volume growth was -31.48% and the average quarterly volume growth was -77.52%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Negative Outlook today, backed by the MA200MA50 Indicator. Tickeron has a negative outlook on this group and predicts a further decline by more than 4.00% within the next month with a likelihood of 58%. During the last month, the daily ratio of advancing to declining volumes was 1 to 1.54.
18 stocks in the group of tickers confirmed the negative outlook based on the MA50MA10 indicator with average odds of 75%.
The most notable companies in this group are Tesla (NASDAQ:TSLA), General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F), NIO (NYSE:NIO).
The average market capitalization across the group is 44.2B. The market cap for tickers in the group ranges from 30.2M to 797.3B. TSLA holds the highest valuation in this group at 797.3B. The lowest valued company is VLCN at 30.2M.
- 5/10/22 5:36 AM: Tesla (TSLA, $787.11) saw a $120.0B market cap decrease this week
- 5/6/22 5:04 AM: Tesla (TSLA, $873.28), market cap dropped by $82.2B
- 5/5/22 4:57 AM: Tesla (TSLA, $952.62) saw a $73.7B market cap increase this week
The average weekly price growth across all stocks in the group was 3.34%. For the same group, the average monthly price growth was -10.44%, and the average quarterly price growth was -38.49%. RIDE experienced the highest price growth at 27.17%, while BLBD experienced the biggest fall at -20.77%.
- 5/14/22 4:23 AM: Lordstown Motors (RIDE, $2.45) is a top weekly gainer for penny stocks, rising +28.27%
- 5/14/22 4:22 AM: Great Wall Motor (GWLLF, $1.41) was a top weekly gainer, with a +11.02% jump
- 5/10/22 5:36 AM: Volcon (VLCN, $1.34) is a top weekly loser for penny stocks, falling -15.19%
The average weekly volume growth across all stocks in the group was 89.98%. For the same stocks of the group, the average monthly volume growth was 55.31% and the average quarterly volume growth was 0.28%
- 5/14/22 4:17 AM: The volume for Faraday Future Intelligent Electric stock increased for a consecutive 5 days, with an average daily gain of 86%
- 5/14/22 4:16 AM: The volume for Lordstown Motors stock increased for one day, resulting in a record-breaking daily growth of 292% of the 65-Day Volume Moving Average
- 5/13/22 4:50 AM: The volume for Faraday Future Intelligent Electric stock increased for a consecutive 5 days, with an average daily gain of 92%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows