Ford shares got a price target hike and rating upgrade from analysts at Barclays.
Barclays analyst Brian Johnson boosted his rating on the automaker to overweight from equalweight. The analyst raised his price target by $3 to $16 per share, a Wall Street-high that implies a near-term gain of around +28% .
According to Johnson’s note, a key reason behind the upgrade is Ford's new electric vehicle partnership with Germany's Volkswagen (Germany's Volkswagen AG confirmed in June 2020 a $2.6 billion investment in Argo AI, a self-driving start-up jointly controlled by the two automakers). The analyst also cited the company’s improved margin outlook.
Volkswagen forecast e-vehicle deliveries of around 450,000 this year --targeting a return on sales of between 3% and 4%.
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where F declined for three days, in of 304 cases, the price declined further within the following month. The odds of a continued downward trend are .
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
F broke above its upper Bollinger Band on March 20, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Momentum Indicator moved above the 0 level on March 20, 2024. You may want to consider a long position or call options on F as a result. In of 80 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for F just turned positive on March 20, 2024. Looking at past instances where F's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
The 50-day moving average for F moved above the 200-day moving average on March 04, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where F advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 244 cases where F Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.213) is normal, around the industry mean (6.123). P/E Ratio (12.093) is within average values for comparable stocks, (18.280). Projected Growth (PEG Ratio) (0.772) is also within normal values, averaging (5.436). Dividend Yield (0.046) settles around the average of (0.042) among similar stocks. P/S Ratio (0.300) is also within normal values, averaging (57.880).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. F’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 84, placing this stock slightly better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a manufacturer of automobiles and trucks
Industry MotorVehicles