rtmark
LearnBonds.com

Ford Stock Price in Trouble, Light Guidance Deter Sentiments

Ford (NYSE: F) stock price continues to trade in a single-digit range over the last twelve months. Trader’s concerns over negative revenue growth and increasing market competition have been impacting the share price performance.

Ford stock price currently trades around $9, down slightly from 52-weeks high of $10.5 a share. Analysts believe lower than expected results for the third quarter and light guidance could impact its share price performance.

F Ford Motor Company daily Stock Chart

Soft Q3 Results Could Impacts Ford Stock Price   

Ford’s third-quarter revenue of $33.93 billion declined more than 2% from the previous year period. Indeed, Ford experienced a notable decline across all segments. It’s market share dropped from 6.3% in the year-ago period to 6% in Q3 of FY2019.

The company’s earnings, cash flows, and full-year guidance reflects a significant drop from the past year.

Ford Stock Price in...

Its third-quarter earnings per share of $0.11 plunged more than 50% from the year-ago period. The huge earnings drop is driven by charges for special items. The company, on the other hand, claims that its transformation strategy is setting footprints for long-term success.

Our Global Redesign is about making choices to transform our organization, to become the world’s most trusted company and a clear leader in an era of rapid change,” said Jim Hackett, Ford president, and chief executive officer. “We are getting stronger today and we have more work to do.”

Ford Stock Price in...

Light Guidance Limits the Upside Potential

Although Ford expects full-year structural costs to decline in its automotive business, the company has dropped its guidance for the full year. It now expects full-year EBIT in the range of $6.5B to $7.0B. This is down considerably from previous guidance of $7.0B to $7.5B prior.

Ford Stock Price in...

The full-year earnings per share guidance came in at $1.20 to $1.32 compared to the consensus estimate for a $1.27. On the positive side, the company still anticipates full-year growth in adjusted free cash flow. Overall, analysts expect pressure on Ford stock price in the coming days.

Trusted & Regulated Stock & CFD Brokers

What we like

  • 0% Fees on Stocks
  • 5000+ Stocks, ETFs and other Markets
  • Accepts Paypal Deposits

Min Deposit

$200

Charge per Trade

Zero Commission

Rating

64 traders signed up today

Visit Now

75% of investors lose money when trading CFDs.

Available Assets

  • Total Number of Stocks & Shares5000+
  • US Stocks
  • German Stocks
  • UK Stocks
  • European
  • ETF Stocks
  • IPO
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 Zero Commission
  • NASDAQ Zero Commission
  • DAX Zero Commission
  • Facebook Zero Commission
  • Alphabet Zero Commission
  • Tesla Zero Commission
  • Apple Zero Commission
  • Microsoft Zero Commission

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
  • Paypall
  • Skrill
  • Neteller

What we like

  • Sign up today and get $5 free
  • Fractals Available
  • Paypal Available

Min Deposit

$0

Charge per Trade

$1 to $9 PCM

Rating

Visit Now

Investing in financial markets carries risk, you have the potential to lose your total investment.

Available Assets

  • Total Number of Shares999
  • US Stocks
  • German Stocks
  • UK Stocks
  • European Stocks
  • EFTs
  • IPOs
  • Funds
  • Bonds
  • Options
  • Futures
  • CFDs
  • Crypto

Charge per Trade

  • FTSE 100 $1 - $9 per month
  • NASDAQ $1 - $9 per month
  • DAX $1 - $9 per month
  • Facebook $1 - $9 per month
  • Alphabet $1 - $9 per month
  • Telsa $1 - $9 per month
  • Apple $1 - $9 per month
  • Microsoft $1 - $9 per month

Deposit Method

  • Wire Transfer
  • Credit Cards
  • Bank Account
All trading carries risk. Views expressed are those of the writers only. Past performance is no guarantee of future results. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site.
Avatar

Based in Saudi Arabia, Siraj has a strong understanding of and passion for accounting and finance. He has worked for international clients for many years on several projects related to the stock market, equity research and other business, accounting and finance related projects. Siraj is a published financial analyst on the world's leading websites including SeekingAlpha, TheStreet, MSN, and others.