Is Ford a penny stock?
Many legendary companies have been penny stocks at some point in their existence, including Apple (NASDAQ:AAPL), Advanced Micro Devices (NASDAQ:AMD) and Ford Motor Co. (NYSE:F). Some of the most famous investors in the world will bet on key penny stock investments from time to time.
Over the past 52 weeks, F's P/CF has been as high as 11.02 and as low as 3.10, with a median of 4.61. These figures are just a handful of the metrics value investors tend to look at, but they help show that Ford Motor is likely being undervalued right now.
Market tends to overreact in the short term. Ford also had to deal with plant shutdowns, rising material costs, and quality issues at production plants this year, which have all contributed to the negative sentiment toward the company.
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The highest analyst price target is $21.00 ,the lowest forecast is $9.75. The average price target represents 11.88% Increase from the current price of $12.79. Ford Motor's analyst rating consensus is a Hold.
In conclusion, while Ford has the potential to reach $100 per share, it faces significant challenges that could hinder its stock price growth. Ford Motor Company's stock reaching $100 seems a daunting task, given it would require a 7.3x increase from its current price.
The company expects to post free cash flows between $6 billion to $7 billion in 2024, as compared to $6.8 billion in 2023. Ford's dividends look well covered for 2024, at least, looking at the expected cash flows.
So, Which Is the Better Investment, Ford Motor Co or General Motors Co Stock? Overall, Ford Motor Co stock has a Growth Score of 62, Momentum Score of 68 and Quality Score of 39. General Motors Co stock has a Growth Score of 62, Momentum Score of 85 and Quality Score of 64.
Latest business results. Shares of Ford jumped 6% right after it reported 2023 fourth-quarter financial results. It's safe to say that investors were pleased with how the business wrapped up the year. Ford posted a 4.5% revenue increase in Q4 and an 11.4% rise for the full year.
Is Ford Motor stock a Buy, Sell or Hold? Ford Motor stock has received a consensus rating of buy. The average rating score is and is based on 26 buy ratings, 22 hold ratings, and 6 sell ratings. What was the 52-week low for Ford Motor stock?
Which stock will boom in 2024?
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According to our current F stock forecast, the value of Ford Motor shares will drop by -3.59% and reach $ 12.37 per share by May 3, 2024. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 39 (Fear).
I recommend buying Ford stock before the earnings event. The analysts' consensus estimate calls for Ford to have generated revenue of $40.64 billion in Q1 of 2024. That's only up 4% year over year, not an ultra ambitious forecast. Wall Street expects Ford will have earned 42 cents per share.
Ford Motor Company ( F ) pays dividends on a quarterly basis. The next dividend payment is planned on June 3, 2024 . Ford Motor Company ( F ) has increased its dividends for 3 consecutive years. This is a positive sign of the company's financial stability and its ability to pay consistent dividends in the future.
The top shareholders of Ford are William Clay Ford, James D. Farley, James P. Hackett, Vanguard Group Inc., BlackRock Inc. (BLK), and Newport Trust Co.
With its 4-star rating, we believe Ford's stock is undervalued compared with our long-term fair value estimate. We are maintaining our fair value estimate at $19 per share. We think buying Ford's stock may require investor patience as management restructures the Ford Blue segment while scaling up the Model e business.
Ford Investment Opportunity
Ford Motor has a volatility of 2.2 and is 3.49 times more volatile than NYSE Composite. Compared to the overall equity markets, volatility of historical daily returns of Ford Motor is lower than 19 percent of all global equities and portfolios over the last 90 days.
The ownership structure of Ford Motor (F) stock is a mix of institutional, retail and individual investors. Approximately 34.61% of the company's stock is owned by Institutional Investors, 1.16% is owned by Insiders and 64.23% is owned by Public Companies and Individual Investors.
Is Ford paying a special dividend in 2024?
Ford Motor Co (NYSE:F) recently announced a dividend of $0.15 per share, payable on 2024-03-01, with the ex-dividend date set for 2024-02-15. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates.
The dividend payout is aimed at enhancing the firm's payout ratio and distributing a portion of its substantial automotive cash balance, which stands at $28.7 billion, to shareholders, David Whiston, analyst at Morningstar said in a note.
Its sales might still trail GM and Ford, the Tesla dwarfs every other auto maker on one key metric: market capitalization. Tesla's market cap is roughly $900 billion, which is roughly six times the combined market value of GM and Ford. With a disparity like that, Tesla will need to keep growing in 2027 and beyond.
Is Ford stock a buy? While the automotive industry can make for challenging investments, Ford is a great income story with its strong cash flow, 5% dividend yield, and reoccurring supplemental dividends.
Key Takeaways. Ford and General Motors are the two biggest automakers in the United States and are also big players on the world stage. General Motors leads in US market share.
