Director Charley Ray T acquired 4,000 shares in Ford Motor Company (NYSE:F) for $18,000 in transaction occurred on 2018/10/29. After making this transaction, the Director owns a direct stake of 51,600 shares, worth $158,760, as per the last closing price. On 2018/09/24 Armstrong Steven R., Group Vice President at F, dumped 13,000 shares at an average price of $9.54 per share. The selling total is valued at $833,728.
Separately, it had been reported that some other F insiders also took part of the insider trading activity. Director, Lechleiter John C had invested in 10,000 shares for $45,000 through a trade on 2018/08/02. Following this activity, the insider holds 98,900 shares worth $396,900 as of recent close. Wall Street’s most bullish Ford Motor Company (NYSE:F) analysts are predicting the share price to blow past $13 per share during the next 12 months. The current median share price forecast by them is $10, suggesting that the stock could increase 13.38% in that time frame. The average price target of $9.89 calls for a nearly 12.13% increase in the stock price.
Ford Motor Company (NYSE:F) reaches $34.49B market cap as shares jumped 1.73% in recent session. It closed at $8.82, after slipping as low as $8.7 through the day. The shares were pushed to an intraday high Friday at $8.93. Trading activity significantly weakened as the volume at ready counter decreased to 41,553,286 shares versus 47,115,105 in average daily trading volume over the past 20 days. So far this year, the volume has averaged about 43,191,824 shares. The stock is now 19.03% above against its bear-market low of $7.41 on December 26, 2018. It has retreated -52.83% since it’s 52-week high of $13.48 reached in January. Now the market price is down -31.55% on the year and up 15.29% YTD.
F’s 50 day simple moving average (SMA 50) price is $8.84 and its 200-day simple moving average (SMA 200) price is $10.06. The company’s stock currently has a total float of 3.9B shares. Its weekly volatility is hovering around 3.57% and felt 3.87% volatility in price over a month. On the upside, the share price will test short term resistance at around $8.93. On a downside, the stock is likely to find some support, which begins at $8.7. The failure to get near-term support could push it to $8.59.
It had seen a positive analyst call from Goldman, which upgraded the stock from Neutral to Buy on October 29. Analysts at BofA/Merrill, maintained the company shares at Neutral on October 25 but switched target price from $12.50 to $10. The stock lost favor of Morgan Stanley analysts who expressed their lack of confidence in it using a downgrade from Overweight to Equal-Weight on October 19. Jefferies analysts came out with bullish views on May 29 when the call was made. They think the stock is now Buy compared to to their prior call for Hold.
When looking at valuations, Ford Motor Company (F) has a cheap P/E of 6.08x as compared to industry average of 14.57x. Moreover, it trades for 6.77 times the next 12 months of expected earnings. Also, it is trading at rather inexpensive levels at just over 0.96x price/book and 0.22x price/sales. Compared to others, Ford Motor Company is in a different league with regards to profitability, having net margins of 3.9%. To put some perspective around this, the industry’s average net margin is 9.91%. F’s ROE is 17.1%, which is also considerably better than the industry’s ROE of 14.51%. It’s also very liquid in the near term, with a current ratio of 1.2. The stock has a debt/capital of 4.19.
Shares of Ford Motor Company (F) have gained 7.8% since the company’s Mar-19 earnings report. Over the past 12 fiscal quarters, Ford Motor Company (NYSE:F) has topped consensus earnings estimates in 7 quarters (58%), missed earnings in 4 quarters (33%), whereas at 1 occasion EPS met analyst expectations. F last reported earnings on October 24, 2018 when it released Sep-18 results that exceeded expectations. The company raked in $0.29 per share, -93.51% change on the same period last year. That was better than consensus for $0.28. Revenue for the recent quarter stood at $34.66 billion, up 3% on last year and above the $33.3 billion predicted by analysts. For this quarter, Wall Street analysts forecast revenue in a range of $34.28 billion to $39.1 billion, which should be compared with $40.16 billion generated last year. EPS is seen in a range of $0.18 to $0.4, against the $0.51 reported a year ago.