In yesterday’s Wall Street session, Ford Motor Co (NYSE:F) shares traded at $11.21, up 1.82% from the previous session.
F stock price is now 3.81% away from the 50-day moving average and -5.08% away from the 200-day moving average. The market capitalization of the company currently stands at $44.31B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
With the price target maintained at $11, Bernstein recently Downgraded its rating from Outperform to Mkt Perform for Ford Motor Co (NYSE: F). On October 01, 2024, Goldman Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock increasing its target price from $12 to quote $13, while ‘Morgan Stanley’ rates the stock as ‘Equal-Weight’
In other news, THORNTON JOHN L, Director bought 24,790 shares of the company’s stock on Jun 06 ’24. The stock was bought for $299,463 at an average price of $12.08. Upon completion of the transaction, the Director now directly owns 389,576 shares in the company, valued at $4.37 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 24 ’24, Director Huntsman Jon M Jr sold 81,234 shares of the business’s stock. A total of $982,200 was realized by selling the stock at an average price of $12.09. This leaves the insider owning 168,601 shares of the company worth $1.89 million. A total of 2.03% of the company’s stock is owned by insiders.
During the past 12 months, Ford Motor Co has had a low of $9.49 and a high of $14.85. As of last week, the company has a debt-to-equity ratio of 3.60, a current ratio of 1.15, and a quick ratio of 0.98. According to the stock market information, the enterprise value for the company is $175409922048, which is based on a 12.79 price-to-earnings ratio, a 4.18 price-to-earnings-growth ratio, and a beta of 1.63. The fifty day moving average price for F is $10.7872 and a two-hundred day moving average price translates $11.82175 for the stock.
The latest earnings results from Ford Motor Co (NYSE: F) was released for 2024-09-30. The net profit margin was 1.93% and return on equity was 7.97% for F. The company reported revenue of $46.2 billion for the quarter, compared to $43.8 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.47 percent.
