Ford Motor Company (F) shares are trading at lower $7.70 and the avg recommendation for the stock is Moderate Buy, while the current analyst price target stands at $7.96.
To add more color to this target, the company’s high over the last year is $9.57 and the low is $3.96. Over the last 52 weeks, F is down -10.88% while the S&P 500 is up 7.73%. 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 $1.44 billion. Ford Motor Company also saw revenues increase to $19.37 billion. In addition, F has free cash flow of $5.69 billion as of 06-2020. The company’s EBITDA came in at -$689.0 million which compares well with its peers.
F booked profit margins of -1.60%, its Return on Equity (ROE) is -6.60%, and its Return on Assets is -0.80%. 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 1.63 and outstanding shares of 3.98B.
F has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 59.56 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.52. Ford Motor Company F also noted assets of $269.37 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 30.27B and a float of 3.83B. 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.