The stock of Ford Motor Co. (NYSE:F) last traded at $12.18, up 1.00% from the previous session.
F stock price is now 2.22% away from the 50-day moving average and 0.83% away from the 200-day moving average. The market capitalization of the company currently stands at $48.40B.
With the price target of $13, Piper Sandler recently initiated with Neutral rating for Ford Motor Co. (NYSE: F). On January 24, 2024, Redburn Atlantic recently initiated its ‘Sell’ rating on the stock quoting a target price of $10, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Kosman Mark, Chief Accounting Officer sold 26,898 shares of the company’s stock on Mar 06 ’24. The stock was sold for $337,032 at an average price of $12.53. Upon completion of the transaction, the Chief Accounting Officer now directly owns 7,102 shares in the company, valued at $86502.36. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 08 ’23, Chief EV, Digital & Design Off FIELD JOHN DOUGLAS bought 182,000 shares of the business’s stock. A total of $2,010,590 was incurred on buying the stock at an average price of $11.05. This leaves the insider owning 720,176 shares of the company worth $8.77 million. A total of 2.02% of the company’s stock is owned by insiders.
During the past 12 months, Ford Motor Co. has had a low of $9.49 and a high of $15.20. As of last week, the company has a debt-to-equity ratio of 3.53, a current ratio of 1.20, and a quick ratio of 1.04. The fifty day moving average price for F is $12.02 and a two-hundred day moving average price translates $12.24 for the stock.
The latest earnings results from Ford Motor Co. (NYSE: F) was released for Dec, 2023. According to the Auto Manufacturers Company, earnings per share came in at $0.27, beating analysts’ expectations of $0.12 by 0.15. This compares to $0.32 EPS in the same period last year. The net profit margin was 2.47% and return on equity was 10.11% for F. The company reported revenue of $45.96 billion for the quarter, compared to $44.0 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 4.46 percent. For the current quarter, analysts expect F to generate $37.35B in revenue.
Ford Motor Co.(F) Company Profile
Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments. It also engages in vehicle-related financing and leasing activities to and through automotive dealers. In addition, the company provides retail installment sale contracts for new and used vehicles; and direct financing leases for new vehicles to retail and commercial customers, such as leasing companies, government entities, daily rental companies, and fleet customers. Further, it offers wholesale loans to dealers to finance the purchase of vehicle inventory; and loans to dealers to finance working capital and enhance dealership facilities, purchase dealership real estate, and other dealer vehicle programs. The company was incorporated in 1903 and is based in Dearborn, Michigan.
