Connect with us

Hi, what are you looking for?


Deutsche Bank recommends selling Ford stock after its Q4 results

Ford Motor Company (NYSE: F) had a rather disappointing fourth quarter, which, as per a Deutsche Bank analyst, is reason enough to pull out of this stock.

Ford’s guidance for the full year

On an adjusted basis, the legacy automaker earned 51 cents a share in its Q4 that was meaningfully below 62 cents that experts had forecast.

In fiscal 2023, though, Ford said over $2.5 billion worth of cost cuts will help drive an adjusted EBIT of between $9.0 billion and $11 billion. But analyst Emmanuel Rosner is not buying that.

We struggle to wrap our heads around such a considerable expected reduction in materials costs, and Ford didn’t provide any color on tangible restructuring programme that would generate such savings so rapidly.

For the year, Ford stock is up 15% at writing.

Rosner recommends selling Ford stock

On Friday, Rosner downgraded the car manufacturer to “sell” and trimmed his price objective to $11 a share – about a 23% downside on its previous close.

It [Q4 and guidance], in our view, showcase considerable operational shortfalls and suggest meaningful downside risk to earnings trajectory. We also worry about its limited visibility into its supply base.

According to Ford, its U.S. electric vehicles sales tanked about 33% sequentially in January to 5,247 in total and the Deutsche Bank analyst warns that decline could accelerate further moving forward.

Rosner is bearish on the Ford stock even though the Michigan-based car company announced a special dividend of 65 cents per share last night. You can read Ford Motor’s full earnings release HERE.

The post Deutsche Bank recommends selling Ford stock after its Q4 results appeared first on Invezz.

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like


    Reprinted from the Future of Freedom Foundation President Biden’s campaign to banish (or maybe outlaw) political paranoia took a wallop last spring. In April,...


    Inflation appears to be on the decline. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, grew...

    Editor's Pick

    It’s already a cliché, but technology is rapidly improving. And for many businesses, it’s hard to catch up. However, it’s not just the average...

    Editor's Pick

    At Broadband World Forum 2022, Fibocom launched 5G module FG370 based on MediaTek T830 platform, aiming to empower the deployment of 5G FWA for...

    Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2022 All Rights Reserved.