Ford Motor Company F was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the continued downtrend in the company, as the stock is down 18.5% in the past one month time frame.
Ford Motor has seen two negative estimate revisions over the past one month. The Zacks Consensus Estimate for the current quarter has also revised downward over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Ford Motor currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Ford Motor Company Price and Consensus
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