Ford Analyst Optimistic on Heels of Earnings Buzz

The car manufacturer is still seeing post-earnings buzz

Managing Editor
Apr 30, 2019 at 11:16 AM
facebook twitter linkedin

Shares of Ford Motor Company (NYSE:F) are moving higher in this morning's trading, last seen up 0.8% at $10.40, after receiving a price-target hike to $12.50 from $11 at Jefferies, and announcing a new partnership with (AMZN), where deliveries will be made to qualifying Ford and Lincoln vehicles.

Jefferies said strong first-quarter results alongside "broad-based improvements, guidance upgrade, dividend confirmation and reduced credit risk," should be enough to persuade potential investors. Overall, analysts were wary toward the car manufacturer coming into today, with nine of 14 sporting "hold" or "strong sell" recommendations. This does, however, leave plenty of room for more upgrades on F in the near future.

Looking toward options, short-term options traders have been showing a preference for puts. Ford's Schaeffer's put/call open interest ratio (SOIR) of 1.28 sits in the 95th percentile of its annual range. This means short-term option players have rarely been more put-heavy during the past 12 months. 

On the charts, Ford stock has been moving higher, seeing an impressive post-earnings bull gap this past Friday. Ford's impressive first-quarter beat sent the shares 10.7% higher, to their best day in 10 years. Year-to-date, the security has added 35%.



Stop leaving money on the table with the same old broken options trading approach...

There is no options strategy that more perfectly capitalizes during earnings season better than this simple call and put buying strategy. Perfect for aggressive traders looking to recover their suffering portfolios so far in 2022. With the simplest possible options strategy, Schaeffer's team with 100+ years of options trading excellence, target 200% gains on every single trade. So many trades are being beaten down by the market, but don't be one of them! Don't waste another second... join us right now before the next trade is released! 

Best stocks for October and worst stocks for October


Special Offers from Schaeffer's Trading Partners