Stock analysts at JP Morgan, assumed coverage of shares of Ford Motor Company (NYSE:F) with Neutral recommendation, according to their opinion released on January 24. Analysts at Wolfe Research issued an upgrade for the stock to Outperform from previous rating of Peer Perform, in a research note that dated back to January 07.
Let’s take a glimpse at some insider activity at Ford Motor Company (NYSE:F) and observe the pattern. The earliest insider trade happened on 01/03/2020. HACKETT JAMES P parted with a total of 20 thousand shares of the firm at average share price of $9.29. The total amount for the sale was set at $185.8 thousand. On completing this exchange, the President and CEO account balance was 194.58 thousand shares. The stock lost -10.66 percent from that insider sale. On 12/03/2019, HACKETT JAMES P, President and CEO, did a sale of 20 thousand shares at a price of $8.92 per share. This got rid of 178.4 thousand shares from the insider’s fortune and the stock experienced a -6.95 percent retreat in price since the news became public. This exchange saw 214.58 thousand shares get out from the President and CEO account. On 11/04/2019, President and CEO HACKETT JAMES P recorded a sale transaction valued at $179 thousand. The sale at $8.95 a share has eliminated 20 thousand shares from the insider’s portfolio position. Meanwhile, shares price witnessed -7.26 percent decrease since the transaction reporting date. The company insider is left with 234.58 thousand shares remaining in the account. LECHLEITER JOHN C, who works as Director at the company, performed a purchase of 25 thousand shares in a transaction worth $217 thousand. The acquisition recorded on 10/25/2019 was priced at $8.68 per share. The stock price plunged -4.38 percent since the transaction. LECHLEITER JOHN C currently holds a stake of 90 thousand in F stock which is worth $747 thousand after the insider buying.
Ford Motor Company (F) is most likely going to rise 21.57 percent in the coming 12 months, as per price target approximations compiled by finviz. Nevertheless, they have set the price target at a $13 as 12-month high price target. This represents a whopping 56.63 percent increase from the current trading price of shares. The 52-week median price target given by the analysts is $10, which means a return possibility of 20.48 percent in comparison with the closing price of the stock of $8.3 in recent trading session. The lowest price set for the stock is $8 which is just above -3.61 percent from F share’s price at the end of session.
The stock is lingering around the initial support level of $9.09. After this, the following support is at the zone of $8.99. Up until the time the F stock hit levels beyond the current one, bulls should have no alarm. In terms of its momentum, the stock’s RSI hit 30.11 on the daily chart, and this may be a cause for comfort. In case the price goes below $8.99 level on closing basis, there may be more profit booking with the stock growing weaker. Still, getting to the $9.26 level may cause a pull-back move approaching $9.33 mark.
In the recent trading session, Ford Motor Company (NYSE:F) shares lost -9.59% or -0.88 points to reach at $8.3 with a heavy trading volume of 95.568 million shares. It opened the trading session at $9.08, the shares rose to $9.24 and dropped to $9.07, the range by which the price of stock traded the whole session. The company now has a market cap of $36.5 billion and currently has 3.97 billion outstanding shares. Ford Motor Company (F) stock has plunged -0.33 percent of market value in 21 trading days.
F stock’s trailing 3-year beta is 1.06, meaning there will be a greater rate of return, although posing a higher risk. The part of a firm’s profit given to each outstanding share of regular stock was $0.37 share in the trailing 52 weeks. The stock’s value fallen -1.29 percent year to date (YTD) compared to a rise of 5.52 percent in 52 week’s period. The firm’s shares are still trading -21.4 percent below its 1-year high of $10.56 and 1.72 percent up from 52-week low of $8.16. The average consensus ranking on the company is 2.6, on a ranging where 5 is equal to a consensus sell rating. In other words, the mean analyst recommendations are ranking this stock as a sell.
Ford Motor Company (F) shares are trading at a P/E ratio of 23.91 times earnings posted in the trailing 12 months. The industry F deals with has an average P/E of 11.59. Its P/B ratio is standing at 1X compared to the 5.35 industry average. It is additionally sporting a 0.24 on the Price-to-Sales ratio, compared to the industry’s P/S average of 0.23. Ford Motor Company has a 8.1% gross profit margin, with its operating margin around 1%. Alongside this, the company’s net profit margin currently stands at 1%.
Past records have indicated that shares in Ford Motor Company declined on 24 different earnings reaction days and we have yet to see whether this trend will play out and remain in place when the company reports upcoming earnings. Investors will get the next hint of F’s Q1 earnings on April 28. Analysts are predicting revenue to suffer decline of -4.2 percent to $35.7B in the financial first quarter, while EPS will soar by about -18.18 percent to $0.36 per share. In the last quarter, it’s earnings of $0.44 per share came better than the $0.27004, adjusted, expected by Thomson Reuters consensus estimate. Revenue for the quarter was $36.7B, topping the $36.26B analysts had expected. Earnings are seen to rise by -50.7 percent this year, 2.86 percent in the coming year and the trend continues by -2.67 percent every year in the next 5 years.