Ford Motor Company (NYSE:F) [Trend Analysis] luring active investment momentum, shares an advance 1.05% to $12.51. Ford is moving full speed ahead with its self-driving cars. The company aims to have its fully autonomous cars on the road in a commercial setting, such as a ride-sharing program, by 2021. Ford, though, isn’t the only company trying to bring self-driving cars to market during the next five years. There are a number of automakers and tech companies developing autonomous vehicles working within the same timeline, if not sooner.
While there’s certainly growing pressure for these companies to be first to market, it’s important for automakers and tech companies not to push these vehicles out too soon, Ford CEO Mark Fields said during a recent visit to Business Insider’s headquarters.
“The term autonomous vehicles are just thrown about so liberally in this industry. I mean, there are five levels of autonomy,” Fields said. “My only fear in the industry is somebody tries to come out with one of those [self-driving cars] before it’s ready and then there’s an event.”
Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked F in recent few months. In ratings table the F given BUY ratings by 8 analysts in current phase and 2 analysts suggest it as overweight security. The 2 number of analyst/s have SELL recommendation for current month on F. While 14 number of analysts gave ratings for HOLD in current as compared to none of analyst giving UNDERWEIGHT. As per remarks given by WSJ, overall consensus pool recommend it as Overweight security.
The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $0.47 at current month while compared with $0.47 in a month ago. The stock next year first quarter current estimate trend for EPS was for $0.45 and on annual basis FY 2016 estimate trends at current was for $1.63 as compared to one month ago of $1.64, and for next year per share earnings estimates have $1.71.
The total volume of 32.96 Million shares held in the session was surprisingly higher than its average volume of 37196.40 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -37.60%, and looking further price to next year’s EPS is 4.89%. While take a short look on price to sales ratio, that was 0.32 and price to earnings ratio of 10.89 attracting passive investors.
Shares of Sonoco Products Company (NYSE:SON) [Trend Analysis] runs in leading trade, it moving down -0.28% to trade at $52.70. The firm has price volatility of 1.50% for a week’s and 1.28% for a month. Its beta stands at 1.12 times.
The SON held a rough session during the week’s but was ready to get some critical analysis. The stock was assessed by a pool of analysts at WSJ and came out with some serious outcomes not to be avoided before making investment. The SON ratings chart showed that 9 gave HOLD ratings for the current month as none of analyst opting for Overweight option for same period, whereas, 3 analysts out of pool gave UNDERWEIGHT rating. For stocks’ current month, 1 analyst opted for BUY ratings as compared to 1 opting for SELL in the same period. The stock price target chart showed average price target of 50.30 as compared to current price of 52.70.
Taking look on per share earnings estimates, its next year first quarter current estimate trend for EPS was for $0.72 and on annual basis FY 2016 estimate trends at current was for $2.76 as compared to one month ago of $2.79, and for next year per share earnings estimates have $2.95.
Narrow down four to firm performance, its weekly performance was -4.23% and monthly performance was -3.59%. The stock price of SON is moving down from its 20 days moving average with -3.22% and isolated negatively from 50 days moving average with -2.42%.