公司动态 - 福特汽车公司与韩国电池合作伙伴SK On Ltd获得美国能源部96.3亿美元贷款用于在田纳西州和肯塔基州建设三个先进电动汽车电池工厂 [1] - 该贷款是美国能源部先进技术汽车制造计划有史以来最大的一笔贷款将支持开发120吉瓦时的电池产能并在BlueOval SK LLC设施创造7500个工作岗位 [1] - 贷款金额最初估计为92亿美元后因通胀导致的成本增加而上调至96.3亿美元 [2] - BlueOval SK已投资超过110亿美元用于三个工厂的建设每个工厂占地400万平方英尺以及劳动力发展和设备安装 [4] - 第一个肯塔基工厂计划于2025年初开始生产田纳西工厂将于同年晚些时候投产 [4] 行业趋势 - 美国能源部将该贷款视为制造业回流减少对中国供应链依赖以及实现拜登政府到2030年使美国一半车辆实现零排放目标的重要一步 [3] - 福特和其他汽车制造商在电动汽车采用道路上遇到障碍包括延迟发布产品取消以及消费者因充电基础设施挑战而不愿接受高价车辆 [3] - 美国能源部本月早些时候宣布向Stellantis NV和三星SDI的合资企业StarPlus Energy提供75.4亿美元贷款用于在印第安纳州科科莫建设两个电池工厂 [5] - 上个月美国能源部提议向Rivian提供66亿美元贷款用于在乔治亚州建设工厂以在2028年前生产经济型电动汽车 [5] - 2022年12月美国能源部批准向通用汽车和LG能源解决方案的合资企业提供25亿美元贷款用于在俄亥俄州田纳西州和密歇根州建设锂离子电池工厂 [5] 财务数据 - Dorman Products公司2024年销售和收益的Zacks共识估计显示同比增长分别为3.66%和51.98% [7] - 特斯拉公司2024年销售的Zacks共识估计显示同比增长3.36% [7] - Blue Bird公司2025财年销售和收益的Zacks共识估计显示同比增长分别为10.97%和12.14% [8]

核心观点 - 杰富瑞(Jefferies)周一将福特汽车(Ford Motor)的股票评级从"持有"下调至"表现不佳"，并将其目标价从$12降至$9，低于华尔街的共识 公司面临库存积压和重组及保修支付成本增加的问题[1][2] 库存问题 - 杰富瑞分析师指出，尽管销售强劲，福特在美国的库存天数已上升至96天，"去库存"已成为一个悬而未决的问题[2] 财务状况 - 分析师称福特的资产负债表"稳健而非强劲"，并警告说"重组和保修的潜在索赔如果福特想要保持保守的财务状况，留给股东的现金很少"[2] 股价表现 - 福特的股价今年迄今已下跌约18% 相比之下，通用汽车(General Motors)的股价上涨了约40%[2][3] 竞争对手 - 杰富瑞维持对通用汽车的"持有"评级，目标价为$52 其股价下跌近2%[2]

公司评级与目标价 - Jefferies将福特汽车评级从持有下调至表现不佳 并将目标价从12美元下调至9美元 [1] - 华尔街多数分析师对福特股票持持有评级 平均目标价为11.91美元 隐含上涨空间约19% [7] - Bernstein对福特股票持市场表现评级 目标价为11美元 [8] - Argus Research对福特股票持买入评级 目标价为13美元 [9] 公司经营状况 - 福特汽车2024年至今股价下跌超过16% [1] - 福特面临库存过剩问题 可能影响2025年业绩 [2] - 福特在欧洲市场面临规模缩减的挑战 退出欧洲可能影响Pro业务的盈利 [6] - 自2020年以来 福特因质量和保修问题产生的现金流出约85亿美元 相当于每股约2美元 [6] 公司战略与前景 - 福特与美国汽车工人联合会达成新劳资协议 完成海外业务重组并实现盈利 [10] - 福特将重点放在降低结构成本和保修成本上 并减少资本支出计划 预计未来几年盈利能力将提高 [10] - 福特在美国卡车市场占有率高 电池电动车业务有所改善 但未来几个季度将面临美国市场的定价压力 [8] - 福特凭借全球规模 品牌声誉和广泛的车型阵容 继续吸引消费者关注 [10]

公司股价表现 - 福特汽车公司股价下跌2.8%至10.10美元，创下自8月以来的最低水平 [1][3] - 股价跌破10.30美元的支撑位，今年以来累计下跌约16% [3] - 期权交易者倾向于买入看涨期权，今日已交易64,000份看涨期权，是通常数量的两倍 [3] 公司财务状况 - 自2020年以来，保修准备金与现金流出之间存在85亿美元的缺口 [1] - 14天相对强弱指数(RSI)为25.5，处于“超卖”区域 [4] 行业动态 - 美国能源部批准了96.3亿美元的贷款，用于福特与韩国电池制造商SK On在田纳西州和肯塔基州建设三家新电池制造工厂 [2] - 拜登政府优先考虑在特朗普就职前激励电动汽车行业 [2] 分析师评级 - Jefferies将福特汽车评级从“持有”下调至“表现不佳”，但对通用汽车保持“持有”评级 [1]

Just when Ford and its competitors didn't need any more unpredictability over profits, potential tariffs could be the next speed bump.Ford Motor Company (F) has enough on its plate already. Sales in China are struggling, it has higher production costs than many competitors, its warranty costs have weighed on recent quarterly profits, and the company has pushed back roughly $12 billion in electric vehicle (EV) developments due to massive losses with its model-e division.Unfortunately for Ford investors, ther ...

The year 2024 has been a rather tough one for the U.S. legacy automaker Ford (F) . Shares of the company have declined roughly 15% so far this year, massively underperforming its industry, sector, and the S&P 500. Its closest peer General Motors (GM) has gained almost 45% year to date.Despite being in the business for more than a century, Ford is grappling with several challenges, which are hurting its price performance, making investors and analysts seemingly lose confidence in the stock.Ford’s earnings pe ...

The stock price of Ford Motor (NYSE: F ) has not yet recovered from the 3Q24 earnings-related selloff which, in my view, sets investors up for a buying opportunity.A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opport ...

Crescent Energy Company (CRGY) has announced the acquisition of Ridgemar Energy's Eagle Ford assets in Texas. The company stated that the cash-and-stock deal is valued at $905 million. Per the terms of the deal, Crescent Energy may have to pay an additional $170 million, subject to future oil prices. The deal is anticipated to be closed in the first quarter of 2025.The acquisition should further expand CRGY’s footprint in the Eagle Ford basin, one of the most prolific basins in the United States. Crescent E ...

There is no shortage of challenges facing Ford Motor Company (NYSE: F ). Whenever things started to look promising in the last three years, Ford faced a new challenge. Donald Trump's thumping victory in the 2024 Presidential election seems to have unlocked aDilantha De Silva is an experienced equity analyst and investment researcher with over 10 years in the investment industry. He writes insightful articles for Seeking Alpha, GuruFocus, TipRanks, and ValueWalk, with a significant following on Seeking Alpha ...

When it comes to iconic American automakers, General Motors (GM) and Ford (F) stand as titans of the industry. Both companies have weathered economic storms, embraced innovation and are navigating the shift toward electric vehicles (EVs). However, F and GM’s stock performances in 2024 tell different stories.Year to date, GM has surged 54%, outperforming the industry’s growth of 21.6%, while Ford has declined 8.7%.YTD Price Performance Comparison Image Source: Zacks Investment ResearchBoth these stocks are t ...