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Ford Motor Company (NYSE: F) Is Under Pressure Due To Weak Fundamental Momentum.

In the latest trading session, 11.83 million Ford Motor Company (NYSE:F) shares changed hands as the company’s beta touched 1.61. With the company’s most recent per share price at $12.41 changed hands at -$0.2 or -1.55% at last look, the market valuation stands at $49.73B. F’s current price is a discount, trading about -24.25% off its 52-week high of $15.42. The share price had its 52-week low at $10.37, which suggests the last value was 16.44% up since then. When we look at Ford Motor Company’s average trading volume, we note the 10-day average is 45.4 million shares, with the 3-month average coming to 50.95 million.

Analysts gave the Ford Motor Company (F) stock a consensus recommendation rating of a Hold, calculated at a mean rating of 2.60. If we narrow down to specifics, the data shows that 3 out of 23 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 11 recommended F as a Hold, 8 felt it is a Buy and 0 rated the stock as Underweight. Ford Motor Company’s EPS for the current quarter is expected to be $0.42.

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Ford Motor Company (NYSE:F) trade information

Instantly F was in red as seen in intraday trades today. With action 1.60%, the performance over the past five days has been green. The drop to weekly highs of 12.91 on Friday, 09/15/23 subtracted -1.55% to the stock’s daily price. The company’s shares are showing year-to-date upside of 12.15%, with the 5-day performance at 1.60% in the green. However, in the 30-day time frame, Ford Motor Company (NYSE:F) is 4.95% up. Looking at the short shares, we see there were 150.78 million shares sold at short interest cover period of 3.27 days.

The consensus price target for the stock as assigned by Wall Street analysts is $14.99, meaning bulls need an upside of 17.21% from its recent market value. According to analyst projections, F’s forecast low is $11.00 with $23.00 as the target high. To hit the forecast high, the stock’s price needs a -85.33% plunge from its current level, while the stock would need to tank 11.36% 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 not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 9.87% over the past 6 months, a 12.23% in annual growth rate that is considerably lower than the industry average of 15.90%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2023 revenue estimates. The rating firms predict current quarter revenue for Ford Motor Company will rise 40.00%, while the growth in revenue is estimated to hit -35.30% for the next quarter. Year-over-year growth is forecast to reach 2.90% up from the last financial year.

Consensus estimates given by 8 financial analysts project the company’s revenue in the current quarter to hit an average of $37.71 billion. 8 analysts are of the opinion that Ford Motor Company’s revenue for the quarter ending Dec 2023 will be $38.17 billion. The company’s revenue for the corresponding quarters a year ago was $36.25 billion and $41.77 billion respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 4.00%. The estimates for the next quarter sales put growth at -8.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -17.90%. The 2023 estimates are for Ford Motor Company earnings to decrease by -111.10%, but the outlook for the next 5-year period is at -1.80% per year.

F Dividends

Ford Motor Company is expected to release its next quarterly earnings report in October. The 4.83% annual yield figure for the share gives it an annual dividend of 0.60. It is important to note, however, that the 4.83% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.

Ford Motor Company (NYSE:F)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.19% of Ford Motor Company shares while 56.18% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 56.29%. There are 56.18% institutions holding the Ford Motor Company stock share, with Vanguard Group Inc the top institutional holder. As of Jun 29, 2023, the company held 8.63% of the shares, roughly 339.1 million F shares worth $5.13 billion.

Blackrock Inc. holds the second largest percentage of outstanding shares, with 7.10% or 279.18 million shares worth $4.22 billion as of Jun 29, 2023.

Among Mutual Funds, the top two as of Jun 29, 2023 were Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. With 122.56 million shares estimated at $1.85 billion under it, the former controlled 3.12% of total outstanding shares. On the other hand, Vanguard 500 Index Fund held about 2.38% of the shares, roughly 93.57 million shares worth around $1.42 billion.

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