15.3 C
New York
Friday, September 29, 2023

Analyst Expects Ford Motor Company (NYSE: F) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Ford Motor Company (F) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.07, or 0.56%, to $12.52. The Ford Motor Company has recorded 841,321 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed BMW, Ford and Honda Agree to Create ChargeScape, a New Company Focused on Optimizing Electric Vehicle Grid Services.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.

Sponsored

Stocks Info

As a NYSE listed company, F falls under the Consumer Cyclical sector while operating within the Auto Manufacturers industry segment. At the end of the last regular session, the stock closed at $12.45 and fluctuated between $12.59 as its day high and $12.22 as its day low. The current market capitalization of Ford Motor Company is $48.45B. A total of 49.43 million shares were traded on the day, compared to an average of 51.24M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, F has seen 1 BUY and 1 SELL insider trades, representing the acquisition of 24,282 and the disposition of 10,587 shares. Over the last 12 months, there were 54 BUYs and 25 SELLs from insiders. Insiders purchased 5,007,506 shares during that period but sold 3,636,672.

In the most recent transaction, FARLEY JR JAMES D sold 79,921 shares of F for 12.86 per share on Mar 03. After the transaction, the President and CEO now owns 1,638,667 company shares. In a previous transaction on Mar 03, Lawler John T. sold 29,821 shares at 13.07 per share. F shares that Vice President, CFO owns now total 443,683.

Among the insiders who sold shares, Galhotra Ashwani Kumar disposed of 24,850 shares on Mar 03 at a per-share price of $13.01. This resulted in the President, Ford Blue holding 511,605 shares of F after the transaction. In another insider transaction, Cannis Theodore J. sold 18,518 shares at $13.02 per share on Mar 03. Company shares held by the CEO of Ford Pro now total 43,734.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Ford Motor Company pays an annual dividend of $0.60, resulting in a dividend yield of 4.82%, and it has a price to earnings (P/E) ratio of 12.12. F’s most recent ex-dividend date was 7/24/2023 when it declared a $0.15 quarterly dividend that was paid in cash on 9/1/2023. Previously, the company paid the dividend on 6/15/2023 with an ex-dividend date of 4/25/2023. The F stock dividend was $0.15 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for F in the last 3 months, the mean price target is $14.77 with high estimates of $23.00 and low estimates of $11.00. In terms of 52-week highs and lows, F has a high of $15.42 and a low of $10.37.

As of this writing, F has an earnings estimate of $0.45 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $0.59 per share and a lower estimate of $0.32. The company reported an EPS of $0.63 in the last quarter, which was 53.70% higher than expectations of $0.41.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. F’s latest balance sheet shows that the firm has $49.59B in Cash & Short Term Investments as of fiscal 2021. There were $139.49B in debt and $90.73B in liabilities at the time. Its Book Value Per Share was $10.91, while its Total Shareholder’s Equity was $48.62B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for F is Buy with a score of 3.29.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles