Ford Motor Co. (NYSE:F) price is hovering lower on Monday, April 15, dropping -0.99% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $12.61. The company’s P/E ratio in the trailing 12-month period read 11.61. Taking into account the 52-week price action we note that the stock hit a 52-week high of $15.20 and 52-week low of $9.49. The stock added 3.35% on its value in the past month.
Ford Motor Co., which has a market valuation of $49.61 billion. The company stock has a Forward Dividend ratio of 0.59, while the dividend yield is 4.75%. It is understandable that investor optimism is growing ahead of the company’s current quarter results. Analysts tracking F have forecast the quarterly EPS to grow by 0.4 per share this quarter, while the same analysts predict the annual EPS to hit $1.76 for the year 2024 and up to $1.73 for 2025. In this case, analysts estimate an annual EPS growth of -6.40% for the year and -1.70% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $37.53 billion, with the likely lows of $34.62 billion and highs of $39.26 billion. The average estimate suggests sales growth for the quarter will likely rise by 4.00% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $159.97 billion for the company’s annual revenue in 2024. Per this projection, the revenue is forecast to grow 2.90% above that which the company brought in 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with — upward and — downward reviews. On the technical perspective front, indicators give F a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that F’s price is at present -3.71% off the SMA20 and -0.52% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 43.58, with weekly volatility standing at 2.22%. The indicator jumps to 2.71% when calculated based on the past 30 days. Ford Motor Co. (NYSE:F)’s beta value is holding at 1.62, while the average true range (ATR) indicator is currently reading 0.37.
An analysis of the Ford Motor Co. (NYSE:F) stock in terms of its daily trading volume indicates that the 3-month average is 54.28 million.
Current records show that the company has 3.90B in outstanding shares. The insiders’ percentage holdings are 2.02% of outstanding shares while the percentage share held by institutions stands at 55.50%. But the 3.91% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
