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  • S&P 500: 1,070.52
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$16.30 0.32 (2.00%)
2/9/2010 4:00 PM

Federal-Mogul Corp. (FDML)

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Federal-Mogul Corp. At A Glance

Current Price: $16.30
Last Trade Time: 2/9/2010 4:00 PM
Open: $0.00
Previous Close: $15.98
Daily Range: $15.97 - $16.54
52-Week Range: $2.15 - $19.44
Volume: 184,620
Market Cap: $1.62B
P/E Ratio: 0.00
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Stock Trends

FDML VS S&P 500 (SPY)

News & Discussion Boards

Top Bull Pitch

Recs

2

Federal-Mogul Corp. (FDML)

Avatar chundarr (88.31) Submitted: 11/03/08 12:50 PM

Machine parts manufacturer beaten down by Detroits problems. $25 gigabuck bailout will help... a little.

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Top Bear Pitch

Recs

3

Federal-Mogul Corp. (FDML)

Avatar UltraLong (100.00) Submitted: 1/06/10 8:47 PM

How many times do we have to allow Federal Mogul to go bankrupt before someone hits their forehead on a table and gets an epiphany..."oh, this company was better off left unsaved!"

Federal Mogul is producing profits only by cutting 11,000 jobs (yes... eleven thousand!) or 22% of their workforce in ...More

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Recs

0

 (FDML)

Avatar nesselsdorf1187 (99.01) Submitted: 1/28/10 9:49 AM : Underperform Start Price: $17.53 FDML Score: 4.85

Huge pile of debt, car parts supplier, Carl Icahn (but thats not the reason just the info).
Huge pile of debt and unprofitable history, maybe it's just me but I have difficulties believing reversing trends of unsuccessful past longterm performance.

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Recs

0

 (FDML)

Avatar BicaChica (77.41) Submitted: 1/14/10 3:55 AM : Underperform Start Price: $17.82 FDML Score: 2.18

ultralong

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Recs

0

 (FDML)

Avatar JackCaps (< 20) Submitted: 1/13/10 8:38 PM : Underperform Start Price: $17.82 FDML Score: 2.18

It is still lean times in this industry. FDML has trimmed SG&A expenses, so it may now be better able to survive with reduced revenues. This is not the type of company that outpaces the S&P 500 for the long term.

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Recs

0

 (FDML)

Avatar Grimsooth (65.03) Submitted: 1/12/10 11:14 AM : Underperform Start Price: $18.93 FDML Score: 7.92

Debt to asset.

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Recs

3

 (FDML)

Avatar UltraLong (100.00) Submitted: 1/06/10 8:47 PM : Underperform Start Price: $17.95 FDML Score: 3.66

How many times do we have to allow Federal Mogul to go bankrupt before someone hits their forehead on a table and gets an epiphany..."oh, this company was better off left unsaved!"

Federal Mogul is producing profits only by cutting 11,000 jobs (yes... eleven thousand!) or 22% of their workforce in the most recent quarter. Did that really produce huge profits? Not really, just 10 cents for the quarter. If they did that for 4 quarters in a row they'd still be trading at nearly 45 times earnings while revenues continue to trail lower by 20% per quarter. When is enough enough with FDML? Net debt is over 2 billion dollars.... its just yuck, gack and blech all rolled up into one. So Carl Icahn owns 75M shares, he hasn't exactly been hitting them out of the ballpark the last few years so that doesn't phase me one bit. I don't know if FDML will die this time around, but this is absolutely not worth $18.

UltraLong

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