In yesterday’s Wall Street session, Ford Motor Co. (NYSE:F) shares traded at $13.41, up 0.98% from the previous session.
F stock price is now 8.35% away from the 50-day moving average and 11.19% away from the 200-day moving average. The market capitalization of the company currently stands at $53.29B.
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 $95237.82. 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 $9.66 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 $12.47 and a two-hundred day moving average price translates $12.20 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 $0.29, beating analysts’ expectations of $0.14 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 $40.46B in revenue.
