Fiat Chrysler Stock Rose 5.7% in Week 37
In the week ending September 14, Fiat Chrysler stock (FCAU) rose 5.7% and closed at $17.50. In the previous week, the stock registered 3.2% losses.
Will Thai Court’s Ruling Raise Questions about Ford’s Quality?
Ford stock has fallen in five of the first eight months of 2018.
What to Expect from Ferrari Stock after Last Week’s Sell-Off
On August 3, Ferrari stock settled at $124.84, a 5.1% weekly loss. There was a sell-off in the stock after its Q2 earnings conference call.
Why Auto Stocks Traded on a Negative Note in Week 32
In the week that ended on August 10, mainstream automakers General Motors, Ford Motor Company, and Fiat Chrysler Automobiles saw falls.
Did Lower China Shipments Hurt Ferrari’s Revenues?
For 4Q16, Ferrari (RACE) reported net revenues of 836 million euros or $901 million. Revenues rose ~12% from about 744 million euros in 4Q15.
Analysts Expect Ferrari’s Q3 EPS to Rise 33.4% Year-over-Year
In Q2 2018, Ferrari (RACE) reported adjusted EPS of 0.84 euros (or $0.98), 17.0% higher than its adjusted EPS of 0.72 euros in Q2 2017.
How Ferrari Began 2018 with Stronger Profitability
In 1Q18, Ferrari (RACE) reported a 13% YoY (year-over-year) rise in its adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) of 272 million euros or about $323 million.
The Euro Falls Sharply as the Fed Is Open to a December Hike
The euro–US dollar currency pair fell 1.2% on October 28, 2015, as the Fed delayed a rate hike and stated that it’s open to considering a rate hike in December.
Analyst Estimate: Ferrari’s Global Revenues to Grow Steadily
For 2016 and 2017, analysts estimate Ferrari’s global revenues to grow at rates of 3.6% and 3.1%, respectively. These estimates can serve as a proxy.
TSLA: Why Improving the Model 3’s Gross Margin Could Be Difficult
In the first quarter, Tesla reported a 19.7% gross margin in its Automotive segment on a generally accepted accounting principles basis.
Ford Stock Reaches a Five-Month High: What to Expect Next
Last week (ended June 8), Ford (F) stock rose 3.3% to $12.10. In the previous week, the stock rose 1.7%.
Word on the Street: Analysts’ Recommendations on Ford
According to the latest Bloomberg consensus, 35% of analysts covering Ford (F) have given the company “buy” recommendations.
Ferrari Stock Remained Bearish in the 1st week of December 2017
During the week ended December 8, Ferrari (RACE) stock traded below its 50-day SMA (simple moving average) of $112.60, suggesting a bearish bias.
Looking at Mainstream Automakers’ 3Q16 Revenues
In 3Q16, mainstream automakers’ year-over-year global revenues didn’t reflect much optimism. Except for GM, no other auto giant posted a notable jump in its global revenue.
How Ferrari Got Its Start
Ferrari (RACE) is one of the most prestigious brands in the automobile industry. The Italian racing and sports car manufacturer entered the business in 1947.
What Drove Ferrari’s Shipments to the Americas Higher in 1Q17?
In 1Q17, Ferrari’s (RACE) shipments to the Americas rose 4.2% year-over-year to 545 car units from 523 units in 1Q16.
July Jobs Report: Strong Numbers amid Trade Tension
The Department of Labor released the July jobs report on Friday morning. Amid the trade tensions, the July jobs report brought relief.
Moody’s Doesn’t Like the Idea of Tesla Going Private
Tesla (TSLA) has attracted enormous media coverage following Elon Musk’s idea of “taking Tesla private.” What does Moody’s say?
How Ferrari’s Cash Flow Cycle Impacts Profitability
For the last three years, Ferrari (RACE) has been reporting gradual progress in EBITDA (earnings before interest, tax, depreciation, and amortization).
Support Levels to Watch in the S&P 500 as the Sell-Off Continues
As of 12:30 PM EDT on October 10, the S&P 500 Index has fallen 1.4%, and the Dow Jones Industrial Average has fallen 1.4%.
Ferrari Stock Reaches New Heights despite Market Weakness
Last week, Ferrari stock (RACE) continued to trade positively, rising 9.2% to $148.90.
How the Depreciating Euro Has Affected Ferrari’s Profitability
Since its first day of trading on October 21 on the NYSE (New York Stock Exchange), Ferrari (RACE) has fallen by ~10% to $46.62.
Why Is Ferrari Stock Falling before Its Q3 2018 Earnings Event?
Ferrari (RACE) plans to release its Q3 2018 earnings on November 5. Ferrari stock has dropped 16% in the quarter through October 29.
What Are Ferrari’s Key Geographical Markets?
Stable demand and strong brand image have kept Ferrari (RACE) moving forward, regardless of adverse global economic conditions.
Why Ferrari Surged Over 10% following Its Q4 Results
On January 31, Italian luxury carmaker Ferrari (RACE) released its fourth-quarter and 2018 earnings results before the market opened.
How Ferrari Manages to Remain Profitable
By focusing on extraordinary vehicle design and exclusivity, Ferrari is able to sell luxury cars with high-profit margins to end consumers.
Why Ferrari Stock Tanked ~12% During the Q2 2018 Earnings Call
Ferrari (RACE) released its second-quarter earnings results today. Let’s take a look.
Fiat Chrysler’s Record Q1 Profits, Debt Reduction on Track
Fiat Chrysler Automobiles reported its first-quarter results today before the US market opened.
What’s the Importance of Limited Edition Cars for Ferrari?
Ferrari has also been engaged in producing limited editions of supercars since the beginning of the company.
How Analysts Rate Tesla Stock after Semi Unveiling
According to data compiled by Reuters as of November 21, 2017, about 35% of analysts covering Tesla (TSLA) have given the stock a “buy” recommendation.
Why Ferrari Spends So Extravagantly on Research and Development
Ferrari spends extravagantly on research and development to stay ahead of its peers and to keep its products unique.
How Ferrari’s Formula 1 Racing Team Became So Critical to Its Image
Ferrari spends extravagantly on Formula 1 events, as its Formula 1 racing team has been critical to the brand’s image.
What Are Analysts Recommending for Major Automakers after Declining Sales?
In the past couple of months, many analysts have changed their recommendations from “buy” to “hold,” which reflects the concerns of declining auto sales.
Mike Manley Replaces Marchionne as Fiat Chrysler’s CEO
On July 21, Fiat Chrysler Automobiles (FCAU) appointed Mike Manley as its new CEO. The change is effective immediately.
Wall Street Continues to Expect High Returns from Ferrari Stock
According to Reuters, of the ten analysts covering Ferrari (RACE) stock, 50% have recommended “buy,” 30% have recommended “hold,” and 20% expect Ferrari stock to drop, recommending “sell.”
Most Analysts Rate Ferrari Stock as a ‘Buy’ after Its 4Q17 Results
According to latest consensus data compiled by Reuters, 45% of analysts covering Ferrari (RACE) gave the stock “buy” recommendations.
Tesla Beats Q2 Estimates, Soars in After-Market Trading
On August 1, Tesla (TSLA) reported its Q2 results after the market closed. Its net loss was $2.45 per share versus $3.35 per share in Q1.
A Look at Fiat Chrysler’s 4Q16 NAFTA Revenues
In 4Q16, Fiat Chrysler Automobiles’ (FCAU) total revenues were 29.7 billion euros, or $31.7 billion.
An Investor’s Guide to Ferrari’s Basic Technical Analysis
Ferrari debuted on the NYSE on October 21, 2015, with a price of $52 per share. The next day, it posted a high of ~$58.20 and then entered a downtrend.
How US Auto Companies’ Valuation Multiples Look in March 2018
On March 8, 2018, GM’s EV-to-EBITDA was 7.2x, much lower than its direct competitor Ford’s multiple of 12.8x.
Ferrari Stock Drops for a Second Consecutive Week
In the third week of March 2018, Ferrari stock (RACE) continued to fall, settling at $118.39 with a loss of 2.9% for the week.
What’s behind Ferrari’s Solid 2Q17 Profit Margins?
In 2Q17, Ferrari (RACE) reported solid adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) of 270 million euros or about $321 million.
How Auto Stocks Look amid the Broader Market Sell-Off
In the week that ended on November 16, the broader market turned negative again, erasing most of its post-midterm election gains.
Ferrari Stock Falls From Its All-Time High
In the third week of June, Ferrari stock (RACE) turned negative after reaching its all-time high of $149.85 in the previous week.
How Ferrari Classifies Its Offerings
Ferrari aims to incorporate the technology of its Formula One racing cars in its sports cars.
Panasonic’s Battery Cell Shortage: Not a Good Sign for Tesla
Today, Reuters reported that Panasonic had announced battery cell shortages as the production of Tesla’s (TSLA) Model 3 is ramping up.
Did Ford’s 1Q18 Earnings Report Please Investors?
In 1Q18, Ford’s adjusted EPS stood at $0.43, ~7.5% higher than its adjusted earnings of $0.40 per share in 1Q17.
Tesla Stock Surge: Who are the Winners and Losers?
Tesla (TSLA) has been on a rising spree since its earnings. In October, Tesla stock surged by 31%. The stock rose on the back of third-quarter profits.
What Drove Ferrari Stock Higher in the Week Ended March 9th
Ferrari stock In the first week of March, Ferrari stock (RACE) continued to trade on a positive note, though settled at $124.71 with a loss of 3% during the week. In 1Q18, Ferrari has continued its journey upward and had risen 17.1% as of March 6. The stock rose 14% and 3.9% in January and February, respectively. […]
Should You Worry about Ferrari’s Flat Revenue in the Americas?
While Greater China accounted for just 9% of the company’s total shipments, it’s still strategically important for Ferrari due to China’s future growth potential.
Ferrari Has Its Own Space in the Luxury Supercar Segment
Ferrari (RACE) is considered a symbol of power, speed, and passion by many motorsport enthusiasts. There are only a few key market players in the luxury supercar segment.
Tesla Bears Not Ready to Give Up—at Least not Yet!
As the second quarter comes to a close, the fight between Tesla (TSLA) bulls and bears is intensifying. This week, the company’ stock seems to be on a rollercoaster.
Ferrari Stock Turned Negative in the Second Week of March
In the second week of March 2018, Ferrari (RACE) stock turned negative and settled at $121.94 with a weekly fall of 2.2%.
There’s Optimism for Ferrari Stock amid the Weaker Markets
So far in 1Q18, Ferrari (RACE) is continuing its journey upward, rising 17.1% as of March 6.
A Much-Needed Step towards an Eco-Friendly Ferrari
Ferrari (RACE) launched its ambitious first hybrid, LaFerrari, in 2013.
Tesla to Unveil Electric Semi Truck: How’s the Stock Trading?
Tesla (TSLA), the popular US electric vehicle maker, is set to unveil its electric semi truck on November 16, 2017. The truck is expected to have autonomous capabilities along with other best-in-class features.
Why Most Analysts Favor a ‘Buy’ on Ferrari in March 2018
In 4Q17, Ferrari reported an ~20.3% year-over-year increase in its adjusted earnings.
Ferrari Stock at All-Time High after 1Q18 Earnings Beat
World-renowned sports car maker Ferrari (RACE) released its 1Q18 earnings results yesterday.
What to Watch with Fiat Chrysler: Key Technical Price Levels
Fiat Chrysler’s stock price is hovering at $7.63 (as of April 13). Since October 2015, the stock has been trading below a downward sloping trendline.
How Is Ferrari Stock Faring ahead of Its Q2 Earnings?
Ferrari (RACE) plans to release its Q2 earnings on August 1. On July 21, Louis C. Camilleri was named the company’s new CEO.
Why Didn’t Ford’s Q2 2018 Earnings Report Please Investors?
In this series, we’ll explore Ford’s second-quarter revenue and profitability and find out what factors drove them.
Analyzing Ferrari’s Separation from Fiat Chrysler Automobiles
In October 2014, Fiat Chrysler Automobiles (FCAU) announced its intentions to spin off Ferrari (RACE) as an independent entity.
General Motors’ 1Q18 Earnings: Downtime Affected Results
General Motors reported its 1Q18 results today before the US market opened.
NIO Stock Rose 21.4% in February
So far, 2019 is proving to be great for NIO (NIO) investors. The stock ended in the positive territory for the second consecutive month in February.
What Are Analysts Recommending for Fiat Chrysler ahead of 1Q16 Results?
According to Bloomberg, 46.7% of total analysts covering Fiat Chrysler’s stock gave it “‘buy” recommendations while 36.7% recommend a “hold.”
What Could Drive GM’s Valuation Multiples in 1Q18?
As of February 6, General Motors’ (GM) forward EV-to-EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple was 7.7x.
Analyzing Ferrari’s Progress toward Its 2018 Guidance
So far in this series, we’ve covered Ferrari’s (RACE) 1Q18 shipments to key markets, revenues, and profit margins.
Are Third-Quarter Expectations Driving Ferrari Stock Up?
In the week ended September 21, Ferrari (RACE) stock continued to trade on a positive note for the second consecutive week.
Why Fiat Chrysler Stock Turned Slightly Positive in August
Last week, Fiat Chrysler stock (FCAU) rose 1.7% to close at $17.11.
Why Ferrari’s 4Q15 Revenues Disappointed the Market
Ferrari (RACE) reported net revenues of ~$829 million in 4Q15, which was down ~1% from about $836.9 million the previous year.
What’s Next for Ferrari’s Valuation Multiple?
As of April 3, 2016, Ferrari’s forward EV-to-EBITDA multiple is 11.6x—much higher than mainstream mass-market automakers.
Is Tesla Stock Heading for a Crash?
Tesla’s stock price closed at a record high of $492 on Wednesday. While the stock gained about 74% in the fourth quarter, it has risen 18% YTD.
Will Tesla’s Musk Answer Critics with Gigafactory 3?
Tesla (TSLA) CEO Elon Musk has been prepping the company for Model 3 production and deliveries from its Gigafactory 3 in China.
Should Ford Investors Brace for a Dividend Cut?
Ford stock has gained about 12% year-to-date as of October 8. It’s been on a downtrend, however, since it released its second-quarter earnings results.
How Is Tesla Stock Positioned for 2020?
Tesla stock had quite a year in 2019. Tesla went from loss to profit, and from lower deliveries to record deliveries. What lies ahead for 2020?
Why Are Analysts Divided on Tesla Stock?
Tesla (TSLA) stock has been a Wall Street favorite since the company’s earnings release. The stock is up by 49% quarter-to-date.
Tesla Goes Big on the Model Y with Another Factory
Tesla (TSLA) has gone big on the Model Y, announcing a new Gigafactory in Germany. CEO Elon Musk announced it at an award function on Tuesday.
Tesla: Oppenheimer, Tocqueville Think Its Overvalued
Is Tesla (TSLA) stock getting overvalued? This is one of the crucial questions that investors face in the current scenario.
Tesla Stock: Baillie, BlackRock, Sumitomo Raise Holdings
In the third quarter, some prominent institutions raised their stakes in Tesla stock. Here’s why it’s no surprise that institutions are grabbing the stock.
Tesla Stock: Are Bears’ Arguments Running Out?
Yesterday, Bloomberg reported that Adam Capital scrapped its short position on Tesla (TSLA). Are Tesla bears running out of arguments?
Tesla Trumps Automakers on Green Score
Tesla (Tesla) got the top score of CT-1 from Moody’s on the transition readiness to a low-carbon future. Moody’s rated automakers from CT-1 to CT-9.
Tesla Stock Gains Dim Einhorn’s Greenlight
Tesla stock has risen 23% since the company’s October earnings release, bringing trouble for short sellers such as David Einhorn’s Greenlight Capital.
Is Tesla Stock Staring at a 17% Downside?
Tesla is up 31% in October amid market recovery and better-than-expected earnings. However, Wall Street doesn’t seem that excited about the stock.
Ford and GM Split Over Siding with Trump
Automakers have effectively split in their support of a particular set of emission regulations, pitting large automakers Ford and GM against one another.
Tesla Stock: Is a Revenue Mix Shift Good News?
Tesla’s (TSLA) revenue mix has changed in the third quarter. Let us review whether this could bring good or bad news for Tesla stock.
Will Tesla and Volkswagen Go Head-to-Head in China?
Tesla has just begun trial production of the Model 3 at its Shanghai Gigafactory 3. However, it’s set to face stiff competition from Volkswagen.
Tesla Is Up: Why Are BOA, Bernstein Concerned?
Tesla stock rose after it reported a surprise profit in the third quarter. Several analysts have since raised their price targets, but some have concerns.
Jim Cramer: Tesla Sounded Like Ford after Q3 Earnings
Tesla (TSLA) stock has jumped 18% on its surprise profit in its Q3 results. CNBC’s Jim Cramer seemed impressed by Tesla’s Gigafactory 3 in China.
Tesla Stock: J.P. Morgan, RBC Raise Price Targets
Tesla (TSLA) stock spiked 20% after hours yesterday following its Q3 earnings release. J.P. Morgan and RBC raised their price targets on TSLA.
Big Tesla Bull Turns Short-Term Bear
In a surprising move, a bullish Tesla investor has sold massive quantities of Tesla stock this month, according to Business Insider.
Ford Stock: ValuEngine Downgrades to ‘Strong Sell’
ValuEngine has downgraded Ford Motor Company (F) stock from “sell” to “strong sell,” according to a Covington Journal report.
Auto Stocks: Pre-Q3 Valuations and Dividend Yields
Auto stocks have been slumping in October. Ford (F) and General Motors (GM) have fallen by 6.6% and 8.9%, respectively, month-to-date.
Ford Starts Producing Its Puma Crossover
Ford started producing its electrified vehicle Ford Puma at its Craiova manufacturing site in Romania. The new Puma is a mild hybrid and SUV-inspired crossover.
Ford Stock Slump Boosts Its Dividend Yield to 6.9%
Ford Motor Company (F) stock has slumped in October. The stock also fell in September. The consistent fall in the stock has boosted its dividend yield.
Auto Industry: What Can Investors Expect from Q3 Earnings?
Auto industry stocks fell in the first week of October. Weaker third-quarter sales, lower equity markets, and recession fears hammered the stocks.
Ford Stock: Is It Staring At a 20% Downside?
Ford Motor (F) stock has fallen sharply by 4.9% in the initial few days of October. The current month’s slump follows the previous month’s drop.
General Motors Stock: Barclays Cut PT but UBS Raises It
While Barclays has cut its price target on General Motors stock from $51 to $48, UBS has raised its price target on the stock from $46 to $47.
Q3 Auto Sales: Ford Falters, GM Grows, Fiat Levels
Leading automakers Ford Motor (F), General Motors (GM), and Fiat Chrysler (FCAU) released their third-quarter US auto sales numbers yesterday.
Ford Stock: Why Did Buckingham Cut Its Target Price?
Buckingham Research Group cut its target price on Ford (F) stock from $9 to $8. The firm maintained its “neutral” rating on Ford stock.
Tesla’s China Ramp-Up Not Expected before Mid-2020
Tesla’s (TSLA) Gigafactory 3 in China is set to begin production in the next few months and ramp up to normal production levels in mid-2020.