Ford Motor Co (NYSE:F) shares traded -1.35% lower at $10.98 on Wall Street last session.
F stock price is now 1.14% away from the 50-day moving average and -6.56% away from the 200-day moving average. The market capitalization of the company currently stands at $43.76B.
With the price target maintained at $11, Bernstein recently Downgraded its rating from Outperform to Mkt Perform for Ford Motor Co (NYSE: F). On October 01, 2024, Goldman Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $12 to quote $13, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, THORNTON JOHN L, Director bought 24,790 shares of the company’s stock on Jun 06 ’24. The stock was bought for $299,463 at an average price of $12.08. Upon completion of the transaction, the Director now directly owns 389,576 shares in the company, valued at $4.28 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 24 ’24, Director Huntsman Jon M Jr sold 81,234 shares of the business’s stock. A total of $982,200 was realized by selling the stock at an average price of $12.09. This leaves the insider owning 168,601 shares of the company worth $1.85 million. A total of 2.04% 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 $14.85. As of last week, the company has a debt-to-equity ratio of 3.60, a current ratio of 1.15, and a quick ratio of 0.98. According to the stock market information, the enterprise value for the company is $175290695680, which is based on a 12.52 price-to-earnings ratio, a 4.10 price-to-earnings-growth ratio, and a beta of 1.63. The fifty day moving average price for F is $10.8544 and a two-hundred day moving average price translates $11.7586 for the stock.
The latest earnings results from Ford Motor Co (NYSE: F) was released for 2024-09-30. The net profit margin was 1.93% and return on equity was 7.97% for F. The company reported revenue of $46.2 billion for the quarter, compared to $43.8 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.47 percent.
