Nasdaq F Ford

(RTTNews) - The following are some of the stocks making big moves in Friday's pre-market trading (as of 07.00 A.M. ET).

Ford F reported adjusted earnings of 26 cents per share for fourth-quarter 2021, missing the Zacks Consensus Estimate of 43 cents. Lower-than-expected profits in North America and a pretax loss in Europe led to this underperformance.  The bottom line, moreover, compares u

Stock Market Futures Mixed After Strong Earnings From Amazon & SnapU.S. stock futures are mixed in the early morning Friday. This came as investors digested the upbeat quarterly results from Amazon (NASDAQ: AMZN) and Snap (NYSE: SNAP). If you ask me, that’s exactly

Automakers, including General Motors, Ford Motor and Hyundai Motor predict a near two-year chip constraint will ease in the second half of 2022, but automotive chipmakers, on the other hand, expect a recovery to take longer.

For Immediate ReleaseChicago, IL – February 4, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured

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Market indexes this Thursday took a tumble this afternoon, plummeting downward to session lows before ebbing very late in regular trading. Even still: ugly — the Dow dropped -1.46%, -519 points; the S&P 500 was -2.44%; and the Nasdaq posted its worst single day of tra

(RTTNews) - Below are the earnings highlights for Ford Motor Co (F):

The NASDAQ 100 After Hours Indicator is up 317.13 to 14,818.24. The total After hours volume is currently 96,509,960 shares traded.The following are the most active stocks for the after hours session: Snap Inc. (SNAP) is +10.44 at $34.94, with 13,674,291 shares traded. Smarter A

Ford Motor Co on Thursday forecast its 2022 operating profit would rise as much as 25%, driven by North American demand and a strong vehicle pricing environment.

Ford Motor Co on Thursday forecast its 2022 operating profit would rise as much as 25%, driven by North American demand and a strong vehicle pricing environment.

It’s all change in the auto industry, which is currently in the midst of one of its biggest transformations of the past century. The rise of EVs and autonomous vehicles has signaled a whole new approach to auto design.

By now it’s clear that adapting to this changing landscape is a do or die moment for legacy automakers. As such, industry giants such as Ford (F) are also pivoting toward this new opportunity.

The market has noticed this and has rewarded the legacy name for its efforts. Ford shares have appreciated by 80% over the past 12 months.

However, heading into 4Q21’s earnings this afternoon, Credit Suisse analyst Dan Levy thinks the stock could push higher still.

“Even after what has been incredible performance in Ford stock, we still see room for upside as the narrative surrounding Ford transitions,” the analyst said. “Specifically, Ford (and GM) both see upside from multiple expansion as the market better appreciates opportunity to transition to an EV / Auto 2.0 world.”

Levy believes the company’s EV transitioning strategy is a good one, and notes that consumers have reacted positively to its EV product offerings while the company has been taking a “more aggressive approach on boosting its EV supply.” It is also seen as having one up over rival GM with the soon to be available Mach-E and F-150 Lightning. “Moreover,” adds Levy, “We see Ford’s near-term operational strength as an opportunity to accelerate progress in the transition (i.e. mastering its ‘balance of the two clocks’).”

As for what to expect from the financial statement, Levy is “modestly ahead of consensus,” anticipating 4Q EPS of 54c vs. the Street’s 44c, while his 4Q EBITDA forecast of $3.0 billion is also just a touch above the consensus estimate of $2.9 billion. Looking ahead to Ford’s guide, as volume recovery “more than offsets price/mix/captive finance normalization,” Levy expects the company will guide to year-over-year “improvement.”

All in all, the analyst maintained an Outperform (i.e. Buy) rating on Ford stock, while lifting the price target to $26 (from $23). Should the target be met, investors are looking at upside of ~30%. (To watch Levy’s track record, click here)

Levy’s new objective is just a touch above the Street’s average target, which at $24, suggests shares have room for ~20% growth over the coming months. Looking at the consensus breakdown, based on 7 Buys and Holds, each, plus 2 Sells, the analysts’ view is that this stock is a Moderate Buy. (See Ford stock forecast on TipRanks)

To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.

Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

The following companies are expected to report earnings after hours on 02/03/2022. Visit our Earnings Calendar for a full list of expected earnings releases.Amazon.com, Inc. (AMZN)is reporting for the quarter ending December 31, 2021. The internet company's consensus earnings pe

Investors in Ford Motor Co. (Symbol: F) saw new options begin trading today, for the March 25th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the F options chain for the new March 25th contracts and identified one put and one call contrac

Price has always been one of the biggest barriers for consumers to owning an electric vehicle, but those days are coming to an end. New analysis by Atlas Public Policy has found that many of the popular electric cars and trucks available now are actually cheaper than their combustion engine counterparts over the course of [...] Read more at ETFtrends.com.

This is a busy week for earnings season as over 100 S&P 500 companies are expected to report earnings, many of which are investor favorites on the Street.

The NASDAQ 100 Pre-Market Indicator is down -355.61 to 14,784.13. The total Pre-Market volume is currently 28,453,361 shares traded.The following are the most active stocks for the pre-market session: Meta Platforms, Inc. (FB) is -71.79 at $251.21, with 5,489,100 shares traded.

(RTTNews) - Ford Motor Co. (F) will host a conference call at 5:00 PM ET on Feb. 3, 2022, to discuss Q4 21 earnings results.

U.S. labor unions and a consumer safety advocate on Wednesday urged the Biden administration to add more safeguards to ensure autonomous vehicles are safe before being deployed in wide numbers on U.S. roads.

What happened Many tech and growth stocks dropped in January, but the shares of electric vehicle (EV) maker Rivian Automotive (NASDAQ: RIVN) sank more than most. Rivian shares crashed 36.6% for the full month, according to data provided by S&P Global Market Intelligence.