In the latest trading session, 50,776,139 Ford Motor Company (NYSE:F) shares changed hands as the company’s beta touched 1.19. With the company’s most recent per share price at $11.44 changing hands around -$0.67 or -0.06% at last look, the market valuation stands at $45.58 Billion. F’s current price is a discount, trading about -19.06% off its 52-week high of $13.62. The share price had its 52-week low at $4.52, which suggests the last value was 60.49% up since then. When we look at Ford Motor Company’s average trading volume, we note the 10-day average is 54.19 Million shares, with the 3-month average coming to 82.74 Million.
Analysts gave the Ford Motor Company (F) stock a consensus recommendation rating of Overweight, calculated at a mean rating of 2.7. If we narrow down to specifics, the data shows that 1 out of 19 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. Of the remaining, 11 recommended F as a Hold, 7 felt it is a Buy and none rated the stock as Underweight. Ford Motor Company’s EPS for the current quarter is expected to be $0.2.
Ford Motor Company (NYSE:F) trade information
Although F has turned red as seen in intraday trades today. With action -5.53%, the performance over the past five days has been red. The jump to weekly highs of $12.49 on Wednesday, Apr 14 added 7.72% to the stock’s daily price. The company’s shares are showing year-to-date upside of 0.31%, with the 5-day performance at -0.06% in the red. However, in the 30-day time frame, Ford Motor Company (NYSE:F) is -0.1% down. Looking at the short shares, we see there were 82.45 Million shares sold at short interest cover period of 1 days.
The consensus price target for the stock as assigned by Wall Street analysts is $13.08, meaning bulls need an upside of 14.34% from its recent market value. According to analyst projections, F’s forecast low is $9 with $16 as the target high. To hit the forecast high, the stock’s price needs a +39.86% upsurge from its latest level, while the stock would need to tank -21.33% for it to hit the projected low.
Ford Motor Company (F) estimates and forecasts
Data shows that the Ford Motor Company share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot +58.92% over the past 6 months, a 163.41% in annual growth rate that is considerably higher than the industry average of 16%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2021 revenue estimates. The rating firms predict current quarter revenue for Ford Motor Company will rise +187%, while the growth in revenue is estimated to hit 162.9% for the next quarter. Year-over-year growth is forecast to reach 23.4% up from the last financial year.
Consensus estimates given by 10 financial analysts project the company’s revenue in the current quarter to hit an average of $32.88 Billion. 9 analysts are of the opinion that Ford Motor Company’s revenue for the quarter ending June 01, 2021 will be $36.2 Billion. The company’s revenue for the corresponding quarters a year ago was $31.34 Billion and $15.95 Billion respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 4.9%. The estimates for the next quarter sales put growth at 127%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -16.8%. The 2021 estimates are for Ford Motor Company earnings to increase by 187.8%, but the outlook for the next 5-year period is at 28.46% per year.
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Ford Motor Company (NYSE:F)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.24% of Ford Motor Company shares while 53.83% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 53.96%. There are 1534 institutions holding the Ford Motor Company stock share, with Vanguard Group, Inc. (The) the top institutional holder. As of Dec 30, 2020, the company held 7.37% of the shares, roughly 288.82 Million F shares worth $2.54 Billion.
Blackrock Inc. holds the second largest percentage of outstanding shares, with 6.93% or 271.61 Million shares worth $2.39 Billion as of Dec 30, 2020.
Among Mutual Funds, the top two as of Dec 30, 2020 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. With 110000000 shares estimated at $968.04 Million under it, the former controlled 2.81% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 2% of the shares, roughly 78.3 Million shares worth around $688.25 Million.