Ford Motor Co. (NYSE:F) traded at $12.79 at close of the session on Friday, April 26, made a downward move of -1.92% on its previous day’s price.
Looking at the stock we see that its previous close was $13.04 . The company has a trailing 12-month PE ratio of 13.19. In terms of its 52-week price range, F has a high of $15.20 and a low of $9.49. The company’s stock has lost about -2.07% over that past 30 days.
Ford Motor Co. has a market cap of $50.82 billion. With its Forward Dividend at 0.45 and a yield of 3.52%, the company’s investors could be anxious for the F stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.64, with the EPS growth for the year raised at $1.92 for 2024 and $1.89 for next year. These figures represent -4.50% and -1.60% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $43.23 billion, with a low of $39.73 billion and a high of $48.9 billion. The median projection represents growth squeezing down to 1.90% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $169.45 billion, or 2.10% up from figures reported last year.
There have been 8 upward and — downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the F stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note the current price level is -0.86% off its SMA20 and 1.57% from its 50-day simple moving average. The RSI (14) is pointing at 51.45 while the volatility over the past week is 3.36% and jumps to 2.79% over the past one month. The beta value is 1.62, while the average true range (ATR) is currently pointing at 0.38.
Coming back to Ford Motor Co. (NYSE:F), we note that the average 3-month trading volume was 55.55 million. Current shares outstanding are 3.90 billion.
The insiders hold 2.02% of the company’s shares while institutions hold 55.50%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 6.45% up in year-to-date price movement.
