The Ford Motor Company (F) shares are trading at lower $6.13 and the avg recommendation for the stock is Moderate Buy. while the current analyst price target stands at $5.73.
To add more color to this target, the company’s high over the last year is $10.56 and the low is $3.96. Over the last 52 weeks, F is down -41.95% while the S&P 500 is down -5.76%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, F reported a profit of $3.8 billion. Ford Motor Company also saw revenues increase to $34.32 billion. In addition, F has free cash flow of -$2.25 billion as of 03-2020 The company’s EBITDA came in at $584.0 million which compares well with its peers.
F booked profit margins of -2.10%, its Return on Equity (ROE) is -9.20%, and its Return on Assets is -1.20%. All told, it is clear that, F needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. F has a short ratio of 1.40 and outstanding shares of 3.96B.
F has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 124.44 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.76. Ford Motor Company F also noted assets of $264.15 billion at the end of the last quarter. Investors should also keep an eye on sector updates as F has historically followed its peers on positive news.
All told, Ford Motor Company F has strung together solid data and demonstrated underlying fundamentals. At its current valuation, F represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
Ford Motor Company F is now commanding a market cap of 24.29B and a float of 3.90B. F is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of F stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in F, either long or short, and we have not been compensated for this article.