Ford Earnings Ready to Roll: 2 Trades for F Stock - Investorplace.com
Ford Motor Company ( F ) will roll another quarter off the earnings assembly line on Tuesday, June 28, and investor sentiment is thick with pessimism. By the numbers, Wall Street sees Ford second-quarter earnings falling 7. 5% from year-ago levels to 37 cents per share. Historically, Ford has had success meeting the Street’s targets, besting the consensus three times and missing only once in the past four quarters. In June, Ford announced that U. S. vehicle sales were up 1. 5%. While this target lagged the overall U. S. auto sales, the industry wide 3. 9% jump shows strong growth in the market. While ramping up production and inventory levels won’t help Ford’s second-quarter figures, it could factor heavily into the second-half of 2015, and strong guidance could certainly provide lift for F’s stock price. Angie’s List (ANGI): STILL a Trash Heap In the brokerage community, Thomson/First Call reports that 12 of the 20 analysts following Ford shares rate them a “hold” or worse, with only eight “buy” ratings on the docket. In fact, Ford stock’s July/August put/call open interest ratio currently rests at 1. 17, with puts easily outnumbering calls among short-term contracts. Source: investorplace.com
