Ford Motor Co (NYSE:F) shares traded -3.85% lower at $9.99 on Wall Street last session.
F stock price is now -7.71% away from the 50-day moving average and -14.36% away from the 200-day moving average. The market capitalization of the company currently stands at $39.70B.
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With the price target reduced from $12 to $9, Jefferies Downgraded its rating from Hold to Underperform for Ford Motor Co (NYSE: F). , while ‘Bernstein’ rates the stock as ‘Mkt Perform’
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 $3.89 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 $1.68 million. A total of 2.04% 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 $171356143616, which is based on a 11.39 price-to-earnings ratio, a 3.73 price-to-earnings-growth ratio, and a beta of 1.63. The fifty day moving average price for F is $10.8356 and a two-hundred day moving average price translates $11.677 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.
