Ford Motor Company has been one of the preferable stocks for investors within the automobile sector. The company has seen a long ton of ups and downs during its course of over a century. It has evolved with the time and stayed relevant within the market and at top of it. Ford stock price remained evident of its journey throughout. Moreover, the automobile manufacturing giant has released its earnings release in September 2022.
When it comes to giant companies like Ford, their stock is meant for the long term. Currently the Ford (F) stock price is trading at 13.40 USD with a slight uptick of 0.22% in a day.
The stock price of Ford Motor is up by 16.8 % in a month, but has witnessed continued fall in a year’s time frame though. It has seen a fall of 6.10% in the last six months along with a 25.6% drop within a year.
Analysts also cite the mass of Ford like companies and evaluate the metrics accordingly. Given the current stock price of 13.40 USD, one year forecast of Ford stock is also not much far away.
Analysts Forecast Optimism for Ford Stock
Investing.com analysts put the target price for Ford stock 15.43 USD with a “neutral” stock rating. While TradingView analysts opined the one year target price for the stock 14.63 USD with a stock rating to “buy”. Target price from TipRanks for Ford is 16.91 with a “moderate buy” rating.
Earning per share (EPS) of Ford stock remained close to estimated value mostly. During Q1 2022, analysts estimated the EPS 0.39 USD while it was reported 0.38 USD. For the very next quarter, it was forecasted to stay around 0.43 USD, reported 0.68 USD though. Ford stock EPS remained close to estimated in Q3 2022 where it was predicted 0.31 USD and reported 0.30 USD.
The Michigan headquartered company holds a market capitalization of 53.87 billion USD while its revenue was 151.74 USD.
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Source: https://www.thecoinrepublic.com/2022/11/04/ford-stock-in-good-shape-as-analysts-forecast/