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Buckingham Lowers Ford Price Target Ahead Of Q3 Report
Tuesday, October 1, 2019 - 1:11pm | 437Ford Motor Company (NYSE: F) could see its share price go lower as it faces continued sluggish demand overseas and new worries about slowing sales at home, Buckingham Research Group said Tuesday. The Analyst Buckingham Research Group’s Joseph Amaturo maintained a Neutral rating on Ford and...
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Lear Analyst: E-Systems Segment To Blame For Weak Results
Wednesday, July 17, 2019 - 12:16pm | 352Lear Corporation (NYSE: LEA) reported preliminary second-quarter results that were short of consensus expectations and reduced its full-year financial outlook. The auto supplier has now disappointed in three of the last five quarters and its credibility has taken another hit, according to...
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Ford's Stock Has Best Day In 7 Years After Delivering Results Where It 'Matters Most'
Thursday, October 25, 2018 - 3:49pm | 592Ford Motor Company (NYSE: F) reported mixed third-quarter results Wednesday, but that didn't stop investors form buying up the stock. Shares closed higher by 9.9 percent at $8.99. That's the biggest move for the stock since Aug. 9, 2011, when shares jumped about 10 percent from $9.78 to $10...
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Not Much Runway For Lear Shares To Soar Higher; Buckingham Goes Neutral
Tuesday, September 26, 2017 - 2:06pm | 454Analysts at the Buckingham Research Group consider Lear Corporation (NYSE: LEA) to be "one of the best" auto supplier companies in the sector yet at the same time the stock can no longer be considered a buy. The firm's Joseph Amaturo downgrades Lear's stock rating from Buy to Neutral with an...
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GM Could Have Difficulty Achieving Its Year-End Inventory Target
Thursday, September 7, 2017 - 9:52am | 486General Motors Company (NYSE: GM) reiterated at the end of August its year-end target of lowering its 88 days of U.S. inventory down to 70 days. However, after taking a deep dive into the automaker's prospects, Buckingham Research Group's Joseph Amaturo has some doubts the targets can be...
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Expect U.S. Light Vehicle Count Around 17.5M Units For April
Monday, May 2, 2016 - 2:18pm | 332Buckingham Research Group analyst Joseph Amaturo remains bullish about the auto sector ahead of Tuesday’s global light vehicle sales numbers. “We continue to remind investors that we believe we are in a plateauing U.S. light vehicle sales environment, and do not think that we have...
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Ford Hot On Social Media As 'Gymkhana 8' Circulates
Wednesday, March 2, 2016 - 2:01pm | 466Ford Motor Company (NYSE: F) is getting more traction on social media as Ken Block's Gymkhana EIGHT video uploaded on Ford Performance's YouTube page has garnered more than 3.5 million views. In the latest video, driver Ken Block performed some daring stunts with his Ford Fiesta. Gymkhana...
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Ford, American Axle And Penske Are Best Bets Ahead Of Auto Numbers
Monday, February 29, 2016 - 1:13pm | 336The U.S. auto industry will be releasing light vehicle sales numbers on Tuesday, and Buckingham Research Group analyst Joseph Amaturo has some recommendations for stock traders looking to play the results. According to Amaturo, January and February are typically the two weakest months of the year...
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Buy Ford Over GM? This Analyst Says So After Looking At 2016 Picture
Monday, February 1, 2016 - 2:28pm | 247With global light-vehicle sales due out on Tuesday, Buckingham Research analyst Joseph Amaturo released a new report previewing what investors can expect and outlining the firm’s take on General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F). Amaturo is projecting U.S. light...
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Here's Why Ford Stock Has More Upside Than You Think
Thursday, October 15, 2015 - 10:12am | 485Shares of Ford Motor Company (NYSE: F) are higher by more than 11 percent from a year ago. Joseph Amaturo of Buckingham Research sees further upside as he upgraded the stock to Buy from Neutral with a price target raised to $18 from a previous $15. Amaturo noted Ford's accelerated...
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A Multitude Of Factors Surround Ford Ahead Of Earnings
Monday, July 27, 2015 - 2:18pm | 491Ford Motor Company (NYSE: F) is scheduled to report its Q2 results before Tuesday's market open. The Estimize community (based on 73 estimates) is calling for the company to earn $0.36 per share on revenue of $35.917 billion. This compares to the Wall Street consensus estimate estimating the...
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Buckingham Research Cuts GM Targets, Sees 10 Percent Downside
Thursday, July 9, 2015 - 1:32pm | 336In a report published Thursday, Buckingham Research Group analyst Joseph Amaturo maintained a Neutral rating on shares of General Motors Company (NYSE: GM) while slashing his price target to $28 from a previous $37 to reflect continued moderation of growth in China and expectations for "...