Six auto stocks to explore as the industry heralds a green era

5 min read | August 13, 2021 12:11 PM PDT | By Team Kalkine Media

Highlights

  • Ferrari’s (NYSE:RACE) net income in Q2, 2021, was US$205.8 million against US$8.9 million in Q2, 2020.
  • Ford Motor Company’s (NYSE:F) total revenue in Q2 was US$26.7 billion against US$19.3 billion in Q2 the previous year.
  • Honda Motor Company’s (NYSE:HMC) net income in Q1 was US$2.3 billion. Its total revenue was US$32.74 billion against US$21 billion in Q1, 2020.
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Automobile stocks are companies that manufacture passenger cars, commercial vehicles, trucks, two-wheelers, etc. Companies that supply parts to the automobile industry also fall in this category. Nowadays, automobile companies are manufacturing electric vehicles to fight global warming.

Here we explore six automobile stocks in the market drawing attention.

Ferrari N.V. (NYSE:RACE)

The stock of the Auto and truck manufacturer traded at US$226.73 at 12.43 pm ET on August 13, up by 1.56 percent from the August 12 closing price. The stock of RACE surged by 1.93 percent YTD.

The total revenue of the carmaker for Q2 this year was US$1 billion against US$570 million in Q2 the previous year. The gross profit was US$536.3 million against US$271.6 million in the earlier year. The net income of the sports car maker in Q2, 2021, was US$205.8 million against US$8.9 million in Q2, 2020.

Source: Pixabay.

The market capitalization of the Italy-based company is US$56.1 billion. The P/E ratio is 41.67, and the forward P/E one year is 44.74. The earnings per share (EPS) is US$5.44. The highest and lowest stock price of RACE for 52 weeks is US$233.66 and US$176.03.

Also read: Can these 5 green EV stocks be the blue chips of future?

Ford Motor Company (NYSE:F)

The stock of the US automobile giant traded at US$13.74 at 12.56 pm ET on August 13, down 1.12 percent over the August 12 closing price. The stock of the F surged by 56.37 percent YTD.

The total revenue of the automaker for Q2 this year was US$26.7 billion against US$19.3 billion of Q2 the previous year. The gross profit was US$2.8 billion in Q2 this year against losses of US$779 million earlier year.

The net income of the car designer in Q2, 2021, was US$561 million against US$1.1 billion in Q2, 2020.

The market capitalization of the utility vehicle manufacturer is US$54.8 billion. The P/E ratio is 16.17, and the forward P/E one year is 8.63. The earnings per share (EPS) is US$0.85. The highest and lowest stock price of F for 52 weeks is US$16.45 and US$6.41.

Harley-Davidson, Inc (NYSE:HOG)

The stock of the motorcycle manufacturer traded at US$41.07 at 1.07 pm ET on August 13, down 1.18 percent from the August 12 closing price. The stock of HOG surged by 12.26 percent YTD.

The total revenue of the US auto giant for Q2 this year was US$1.5 billion against US$862.2 million in Q2 the previous year. The gross profit was US$559 million in Q2 this year against US$241.4 million the year earlier. The net income of the bike designer in Q2, 2021 was US$206.3 million against losses of US$92.7 billion in Q2, 2020.

The market capitalization of the multinational is US$6.3 billion. The P/E ratio is 13.05, and the forward P/E one year is 11.81. The earnings per share (EPS) is US$3.16, and the annual dividend is US$0.60. The highest and lowest stock price of HOG for 52 weeks is US$52.06 and US$22.55.

Toyota Motor Corporation (NYSE:TM)

The stock of the Japanese automobile company traded at US$181.09 at 1.14 pm ET on August 13, up by 0.07 percent from the August 12 closing price. The stock of TM surged by 17.20 percent YTD.

The consolidated revenue of TM for Q1 this year was US$72 billion. The EPS for the quarter was US$5.87. The company had US$45 billion in cash and cash equivalents at the end of Q1. And debt was US$125.5 billion.

The market capitalization of the auto and truck manufacturer is US$252 billion. The P/E ratio is 9.11, and the forward P/E one year is 10.44. The earnings per share (EPS) is US$19.87, and the annual dividend is US$4.36. The highest and lowest stock price of TM for 52 weeks is US$185.99 and US$129.28.

Source: Pixabay.

Honda Motor Company, Ltd. (NYSE:HMC)

The stock of the Japanese automobile manufacturer traded at US$32.49 at 1.31 pm ET on August 13, down by 0.79 percent from the August 12 closing price. The stock of the HMC surged by 14.92 percent YTD.

The net income of the auto giant for Q1 this year was US$2.3 billion or US$1.18 per share. The total revenue was US$32.74 billion against US$21 billion in Q1, 2020.

The market capitalization of the all-terrain vehicle maker (ATV) is US$56 billion. The P/E ratio is 6.2, and the forward P/E one year is 8.62. The earnings per share (EPS) is US$5.25, and the annual dividend is US$1.569.

The highest and lowest stock price of the HMC for 52 weeks is US$33.42 and US$23.10.

General Motors Company (NYSE:GM)

The stock of the auto and truck maker traded at US$54.17 at 1.39 pm ET on August 13, down by 0.82 percent from the August 12 closing price. The stock of GM surged by 29.96 percent YTD.

The company reported revenue of US$34.2 billion in Q2, 2021 against US$16.8 billion in Q2, 2020. Net income for Q2, 2021 was US$2.8 billion or US$1.90 against a US$0.8 billion loss in Q2, 2020.

Adjusted EBITDA for this period was US$4.1 billion against US$0.5 billion in Q2, 2020. The company had operating cash flow and free cash flow of US$4 billion and US$2.5 billion, respectively.

Also read: Which are the popular auto stocks to explore in August?

The market capitalization of the multinational is US$78.5 billion. The P/E ratio is 6.26, and the forward P/E one year is 8.81. The earnings per share (EPS) is US$8.64.

The highest and lowest stock price of the GM for 52 weeks is US$64.30 and US$27.15.

Bottomline

Automobile companies reported strong quarterly earnings recently. They had suffered losses due to the pandemic last year. The sector now hopes to bounce back strong in the 2021 fiscal year as the economy recovers from the pandemic.


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