In recent trading session, Ford Motor Co. (NYSE:F) saw 9.1 million shares changing hands at last check today with its beta currently measuring 1.62. Company’s recent per share price level of $12.96 trading at -$0.1 or -0.77% at last check today assigns it a market valuation of $51.50B. That most recent trading price of F’s stock is at a discount of -17.28% from its 52-week high price of $15.20 and is indicating a premium of 26.77% from its 52-week low price of $9.49. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 48.28 million shares which gives us an average trading volume of 54.52 million if we extend that period to 3-months.
Ford Motor Co. (NYSE:F) trade information
Upright in the red during last session for losing -0.77%, in the last five days F remained trading in the red while hitting it’s week-highest on Tuesday, 04/09/24 when the stock touched $12.96 price level, adding 4.64% to its value on the day. Ford Motor Co.’s shares saw a change of 7.86% in year-to-date performance and have moved -1.89% in past 5-day. Ford Motor Co. (NYSE:F) showed a performance of 7.02% in past 30-days. Number of shares sold short was 140.32 million shares which calculate 2.75 days to cover the short interests.
Ford Motor Co. (F) estimates and forecasts
Statistics highlight that Ford Motor Co. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 7.77% of value to its shares in past 6 months, showing an annual growth rate of -5.47% while that of industry is 11.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. The company is estimating its revenue growth to decrease by -31.70% in the current quarter and calculating -19.40% decrease in the next quarter. This year revenue growth is estimated to rise 2.90% from the last financial year’s standing.
9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $40.05 billion for the same. And 9 analysts are in estimates of company making revenue of $43.33 billion in the next quarter that will end on Jun 2024. Company posted $36.08 billion and $42.43 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 11.00% while estimating it to be 2.10% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 3.18% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -8.70% while estimates for its earnings growth in next 5 years are of -5.04%.
F Dividends
Ford Motor Co. is more likely to be releasing its next quarterly report on April 24 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Ford Motor Co. (NYSE:F)’s Major holders
Insiders are in possession of 0.28% of company’s total shares while institution are holding 56.58 percent of that, with stock having share float percentage of 56.74%. Investors also watch the number of corporate investors in a company very closely, which is 56.58% institutions for Ford Motor Co. that are currently holding shares of the company. Vanguard Group Inc is the top institutional holder at F for having 339.1 million shares of worth $5.13 billion. And as of Jun 29, 2023, it was holding 8.63% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 279.18 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 7.10% of outstanding shares, having a total worth of $4.22 billion.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 122.56 million shares of worth $1.85 billion or 3.12% of the total outstanding shares. The later fund manager was in possession of 93.57 million shares on Jun 29, 2023, making its stake of worth around $1.42 billion in the company or a holder of 2.38% of company’s stock.
