Ford Motor Co. (NYSE:F) shares, rose in value on Friday, April 05, with the stock price up by 0.04% to the previous day’s close as strong demand from buyers drove the stock to $13.22.
Actively observing the price movement in the recent trading, the stock is buoying the session at $13.21. The value of beta (5-year monthly) is 1.64 whereas the PE ratio is 12.29 over 12-month period. Referring to stock’s 52-week performance, its high was $15.20, and the low was $9.49. On the whole, F has fluctuated by 6.74% over the past month.
With the market capitalization of Ford Motor Co. currently standing at about $52.51 billion, investors are eagerly awaiting this quarter’s results, scheduled for Apr 30, 2024 – May 06, 2024. The company’s Forward Dividend Ratio is 0.60, with its dividend yield at 4.54%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.43, which is expected to increase to $0.61 for fiscal year $1.72 and then to about $1.68 by fiscal year 2025. Data indicates that the EPS growth is expected to be -7.00% in 2025, while the next year’s EPS growth is forecast to be -2.30%.
Analysts have estimated the company’s revenue for the quarter at $37.26 billion, with a low estimate of $34.09 billion and a high estimate of $39.07 billion. According to the average forecast, sales growth in current quarter could jump up 3.20%, compared to the corresponding quarter of last year. Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $158.21 billion, representing an increase of 3.40% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that F’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of F currently trading nearly 4.20% and 7.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 59.29, while the 7-day volatility ratio is showing 3.04% which for the 30-day chart, stands at 2.66%. Furthermore, Ford Motor Co. (F)’s beta value is 1.61, and its average true range (ATR) is 0.36.
A comparison of Ford Motor Co. (F) with its peers suggests the former has fared considerably weaker in the market. F showed an intraday change of 0.04% in today’s session so far, and over the past year, it grew by 5.40%%.
Data on historical trading for Ford Motor Co. (NYSE:F) indicates that the trading volumes over the past 10 days have averaged 51.43 million and over the past 3 months, they’ve averaged 54.71 million. According to company’s latest data on outstanding shares, there are 3.90 billion shares outstanding.
Nearly 2.02% of Ford Motor Co.’s shares belong to company insiders and institutional investors own 55.50% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 144.76 million shares as on Mar 15, 2024, resulting in a short ratio of 3.02. According to the data, the short interest in Ford Motor Co. (F) stood at 3.64% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 156.58 million. The stock has risen by 9.98% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the F stock heading into the next quarter.
