Ford Motor Company logged a 2.3% change Friday, and is now trading at a price of $11.88 per share.
Ford Motor Company returned losses of -16.7% last year, with its stock price reaching a high of $16.68 and a low of $10.61. Over the same period, the stock underperformed the S&P 500 index by -17.0%. As of April 2023, the company's 50-day average price was $12.19. Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. Based in Dearborn, MI, the large-cap Consumer Discretionary company has 173,000 full time employees. Ford Motor Company has offered a 4.3% dividend yield over the last 12 months.
The Business Is Unprofitable and Its Balance Sheet Is Highly Leveraged:
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Revenue (MM) | $155,900 | $127,144 | $136,341 | $158,057 |
| Gross Margins | 13.6% | 11.3% | 15.9% | 15.0% |
| Operating Margins | 6.4% | 3.3% | 7.2% | 8.1% |
| Net Margins | 0.03% | -1.01% | 13.16% | -1.25% |
| Net Income(MM) | $47 | -$1,279 | $17,937 | -$1,981 |
| Interest Cost | -$9,712,000 | -$9,806,000 | -$6,794,000 | -$7,139,000 |
| Depreciation & Amort. | -$8,490,000 | -$7,457,000 | -$5,960,000 | -$6,493,000 |
| Earnings Per Share | $0.01 | -$0.32 | $4.45 | -$0.49 |
| EPS Growth | n/a | -3300.0% | 1490.63% | -111.01% |
| Diluted Shares (MM) | 4,004 | 3,973 | 4,034 | 3,915 |
| Free Cash Flow (MM) | $10,007 | $18,527 | $9,560 | -$13 |
| Capital Expenditures (MM) | -$7,632 | -$5,742 | -$6,227 | -$6,866 |
| Net Current Assets (MM) | -$111,260 | -$119,706 | -$99,417 | -$96,241 |
| Current Ratio | 1.16 | 1.2 | 1.2 | 1.2 |
| Long Term Debt | $101,361,000 | $110,341,000 | $88,400,000 | $88,805,000 |
| Net Debt / EBITDA | 7.88 | 8.47 | 3.86 | 10.59 |
Ford Motor Company does not have a meaningful trailing P/E ratio since its earnings per share are currently in the red. Based on its EPS guidance of $1.65, the company has a forward P/E ratio of 7.4. In comparison, the average P/E ratio for the Consumer Discretionary sector is 22.33. On the other hand, the market is undervaluing Ford Motor Company in terms of its equity because its P/B ratio is 1.1. In comparison, the sector average is 3.12.
Ford Motor Company Has an Analyst Consensus of Some Upside Potential:
The 20 analysts following Ford Motor Company have set target prices ranging from $10.0 to $21.0 per share, for an average of $13.21 with a hold rating. As of April 2023, the company is trading -7.7% away from its average target price, indicating that there is an analyst consensus of some upside potential.
Ford Motor Company has an average amount of shares sold short because 5.3% of the company's shares are sold short. Institutions own 52.7% of the company's shares, and the insider ownership rate stands at 0.18%, suggesting a small amount of insider investors. The largest shareholder is the Vanguard Group, Inc., whose 9% stake in the company is worth $3,987,450,592.
