What Are the Key Technical Levels for Ford Stock?
As of October 18, 2017, Ford stock (F) was trading at $12.19.
As of October 18, 2017, Ford’s (F) forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple was 13.7x.
In September 2017, Ford stock (F) rose about 8.5% against just 1.5% gains in the S&P 500 Index (SPY) for the month.
In 2Q17, Ford Motor (F) reported adjusted pre-tax profits of $2.2 billion from its automotive segment with an operating profit margin of 5.9%.
In 2Q17, Ford Motor (F) reported revenues of $39.5 billion, up 0.9% from its revenues in the corresponding quarter of 2016.
According to the latest data compiled by Reuters, 75% of analysts covering Ford Motor (F) stock have given it a “hold” recommendation.
In 2Q17, Ford reported adjusted EPS (earnings per share) of $0.56, about 7.7% higher than its adjusted earnings of $0.52 per share in 2Q16.
Ford Motor Company (F) is set to release its 3Q17 earnings report on October 26. Ford is the second-largest US auto company by vehicle sales volume after General Motors (GM).
Only 18% of analysts covering Harley-Davidson stock (HOG) gave it a “buy” recommendation. A majority (77%) of these analysts gave it a “hold” recommendation.
Harley-Davidson’s EV-to-EBITDA multiple of 11.9x is still significantly higher than Japanese motorcycle maker Honda Motor’s (HMC) multiple of 6.9x.
In 3Q17, Harley-Davidson’s revenues from HDFS rose ~3.2% on YoY (year-over-year) basis to $189.1 million, compared with $183.2 million one year ago.
In 3Q17, Harley-Davidson’s gross profits from motorcycles and related products stood at $277 million, which was ~24.5% lower than its gross profit in 3Q16.
In 3Q17, Harley-Davidson’s motorcycle retail sales in international markets came in at ~22,000 motorcycle units, reflecting a YoY fall of about 4.6%.
In 3Q17, Harley-Davidson’s (HOG) global revenues stood at ~$0.96 billion, which was about 11.9% lower than the $1.09 billion it reported in 3Q16.
Harley-Davidson (HOG) released its 3Q17 earnings on October 17, reporting adjusted earnings of $0.40 per share, which was ~37.5% lower than in 3Q16.
As of October 16, GM stock was trading at $45.76, near its all-time high of $46.11.
As of October 16, 2017, General Motors’ (GM) forward EV-to-EBITDA (earnings before interest, taxes, depreciation, and amortization) multiple was 7.1x.
General Motors (GM) has the largest retail vehicle segment market share in the US, which is why a possible downturn in the US auto demand (XLY) could badly affect the company’s business going forward.
In 2Q17, General Motors’ adjusted EBIT (earnings before interest and taxes) stood at $3.7 billion.
In 2Q17, General Motors (GM) reported strong revenues of ~$37.0 billion, which reflected a decrease of 1.1% over $37.4 billion from 1Q16.