NEW YORK (TheStreet) -- Ford (F) shares dipped 0.28% to $17.55 in afternoon trading Wednesday after the U.S. automaker reported a 0.4% year-over-year increase in August sales, which still beat analysts' expectations.
Ford sold 222,174 vehicles last month, compared to 221,270 in Aug. 2013. Analysts expected approximately 217,000 sales, which would have represented a 1.5% year-over-year decline.
Sales of the Fusion, the company's best-selling vehicle, rose 19.5%, while Escape SUV sales rose 8.5% and Explorer SUV sales surged 25.4%. The Fusion sold 29,452 units last month, an August record for the compact car.
Separately, TheStreet Ratings team rates FORD MOTOR CO as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate FORD MOTOR CO (F) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, increase in stock price during the past year, growth in earnings per share and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated."