Ford Motor Company (NYSE:F) saw a downside of -0.46% to close Tuesday at $12.88 after subtracting -$0.06 on the day. The 5-day average trading volume is 49,503,238 shares of the company’s common stock. It has gained $13.23 in the past week and touched a new high 1 time within the past 5 days. An average of 58,999,715 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 60,487,645.
F’s 1-month performance is -14.53% or -$2.10 on its low of $12.70 reached on 08/08/23. The company’s shares have touched a 52-week low of $10.37 and high of $15.88, with the stock’s rally to the 52-week high happening on 07/12/23. YTD, F has achieved 16.35% or $1.25 and has reached a new high 17 times. However, the current price is down -18.87% from the 52-week high price.
Insider Transactions
F stock investors last saw insider trading activity on Mar 03.FARLEY JR JAMES D (President and CEO) most recently sold 79,921 shares at $12.86 per share on Mar 03. This transaction cost the insider $1,027,840. Vice President, CFO, Lawler John T., sold 29,821 shares at a price of $13.07 on Mar 03. Then, on Mar 03, President, Ford Blue Galhotra Ashwani Kumar sold 24,850 shares at a price of $13.01 per share. This transaction amounted to $323,321.
Valuation Metrics
F stock has a beta of 1.61. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.31 while the price-to-book (PB) in the most recent quarter is 1.18, with the price to cash flow ratio at 172.90.
Ford Motor Company’s quick ratio for the period ended June 29 was 1.00, with the current ratio over the same period at 1.20. As well, the company’s long term debt to equity for the quarter ending June 29 was 2.15, while the total debt to equity was 3.28.. In terms of profitability, the gross margin trailing 12 months is 10.20%. The trailing 12-month EBITDA margin is 8.16% while for the period ending June 29, Ford Motor Company’s operating margin was 3.80%. The firm’s gross profit as reported stood at $23.66 billion against revenue of $158.06 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Ford Motor Company’s cash and short-term investments amounted to $16.41 billion against total debt of $144.85 billion. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 65.21% to $1.92 billion, while revenue of $1.76 billion was 8.35% off the previous quarter. Analysts expected F to announce $0.5 per share in earnings in its latest quarter, but it posted $0.65, representing a 30.00% surprise. EBITDA for the quarter stood at more than $4.06 billion. F stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 222.38 billion, with total debt at $144.85 billion. Shareholders hold equity totaling $4.0 billion.
Let’s look briefly at Ford Motor Company (F) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 August was 26.43% to suggest the stock is trending oversold, with historical volatility in this time period at 24.48%.
The stock’s 5-day moving average is $12.97, reflecting a -4.02% or -$0.54 change from its current price. F is currently trading -15.43% above its 20-day SMA, +9.99% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +13.18% and SMA200 by+6.18%.
Stochastic %K and %D was 9.77% and 9.45% and the average true range (ATR) pointed at 0.32. The RSI (14) points at 32.47%, while the 14-day stochastic is at 12.33% with the period’s ATR at 0.33. The stock’s 9-day MACD Oscillator is pointing at -0.26 and -0.50 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Ford Motor Company (NYSE: F), Jefferies downgraded it to a Hold rating. They previously had a Buy rating on the stock. Analysts offering their rating for F stock have a consensus rating for the stock as Hold. Currently, 4 brokerage advisors rate F as a “sell,”, while 11 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 7 have offered a “buy” rating.
What is F’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $11.00 and a high of $23.00, with their median price target at $14.00. Looking at these predictions, the average price target given by analysts is for Ford Motor Company (F) stock is $14.67.
