Ford Motor Co. (NYSE:F) finished Wednesday with a subtraction of -$0.04 to close at $12.39, a downside of -0.32 percent. An average of 45,888,578 shares of common stock have been traded in the last five days. There was a gain of $0.03 in the past week, and it reached a new high 22 times over the past 12 months. The last 20 days have seen an average of 43,949,172 shares traded, while the 50-day average volume stands at 48,157,789.
F stock has increased by 4.12% in the last month. The company shares reached their 1-month lowest point of $11.82 on 09/06/23. With the stock rallying to its 52-week high on 07/12/23, shares of the company touched a low of $10.37 and a high of $15.42 in 52 weeks. It has reached a new high 17 times so far this year and achieved 11.93% or $0.76 in price. In spite of this, the price is down -19.65% from the 52-week high.
Insider Transactions
F stock investors should be aware that Ford Motor Co. (F) stock had its last reported insider trading activity 209 days ago on Mar 03. In this transaction, the insider spent $1,027,840. Vice President, CFO, Lawler John T., disposed of 29,821 shares at a price of $13.07 on Mar 03. The insider now owns more than $389,623 worth of shares. Prior to that, President, Ford Blue Galhotra Ashwani Kumar went on to Sale 24,850 shares at $13.01 each on Mar 03. An amount of $323,321 was transacted.
Valuation Metrics
Ford Motor Co. (F) has a trailing price-to-earnings (P/E) ratio of 12.11. The stock’s beta is 1.58. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.29, the price-to-book (PB) ratio at 1.14, and the price-to-cash flow ratio at 9.36.
Financial Health
The quick ratio of Ford Motor Co. for the three months ended June 29 was 1.03, and the current ratio was 1.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 2.18 and a total debt to equity ratio of 3.32 for the quarter ending June 29. Ford Motor Co.’s EBITDA margin for the year ending June 29 is 8.16%, while its operating margin for the same period stands at 3.93%. Its gross profit as reported stood at $23.66 billion compared to revenue of $158.06 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Ford Motor Co.’s return on assets was 1.62%.
Earnings Surprise
For the three-month period that ended June 29, Ford Motor Co. had $19.17 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $1.92 billion in the quarter, while revenues of $1.76 billion were grew 65.21%. The analyst consensus anticipated Ford Motor Co.’s latest quarter earnings to come in at $0.52 per share, but it turned out to be $0.68, a 30.80% surprise. For the quarter, EBITDA amounted to $4.06 billion. Shareholders own equity worth $4.0 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Ford Motor Co. (F) price momentum. RSI 9-day as of the close on 27 September was 50.44%, suggesting the stock is Neutral, with historical volatility in this time frame at 22.50%.
As of today, F’s price is $12.41 +0.24% or $0.03 from its 5-day moving average. F is currently trading +2.82% higher than its 20-day SMA and +7.18% higher than its 100-day SMA. However, the stock’s current price level is -12.56% below the SMA50 and -5.56% below the SMA200.
The stochastic %K and %D were 55.58% and 56.05%, respectively, and the average true range (ATR) was 0.32. With the 14-day stochastic at 44.68% and the average true range at 0.31, the RSI (14) stands at 49.40%. The stock has reached 0.03 on the 9-day MACD Oscillator while the 14-day reading was at 0.03.
Analyst Ratings
UBS launched coverage on Ford Motor Co. (NYSE: F) in its analyst report released on September 13, 2023. The firm assigned the stock a Buy rating. The consensus rating for Ford Motor Co. (F) among analysts is Hold. According to current brokerage recommendations, 3 brokerage firms advise that investors sell F, while 11 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 8 others rate it as a “buy”.
What is F’s price target for the next 12 months?
Analysts predict a range of price targets between $11.00 and $23.00, with a median target of $14.80. Taking a look at these predictions, the average price target given by analysts for Ford Motor Co. (F) stock is $14.99.
