Ford Motor Stock: Do You Need to Act Now? ()

Ford Motor’s price is set at $11.99 on May 8, 2023, 10:14 am on the New York housing market. This paper belongs to the section “Car Manufacturers”.

Our team of analysts conducted an analysis of Ford Motor based on this market calculation. A total of 8 factors result in an individual rating of “Buy”, “Hold” or “Sell”. Due to this, the overall evaluation is determined in the final stage.

1. Emotion and buzz: The long-term perspective of communication on the Internet also makes an important contribution to stock evaluation. For the evaluation, we considered the scale of the discussion, that is, the frequency of the report, and the speed of the change of sentiment. Ford Motor showed interesting characteristics in this analysis. The strength of the discussion is moderate as a normal activity can be seen. This results in a “hold” assessment. The degree of change in sentiment indicates a positive change according to our measure. Based on this, the editors get a “Buy” rating. The bottom line is therefore a “buy” rating.

2. Analyst ratings: Ford Motor has had 5 buy, 4 hold and 1 sell ratings from analysts over the past twelve months, which on average corresponds to a “hold” rating. There are no analyst updates on Ford Motor from the last month. The average target price for this stock based on analyst opinion is $16.83. Based on the last closing price (USD 11.99), the stock could increase by 40.39 percent, which corresponds to a “buy” recommendation. According to analysts, Ford Motor stock therefore receives a “Buy” recommendation overall.

3. Technical Analysis: In the last 200 trading days, Ford Motor stock averaged $13.11 at the closing price. The closing price on the last trading day was USD 11.99 (a difference of -8.54 percent) and therefore we keep a “Sell” rating from a technical point of view. Besides the 200-day moving average, the 50-day moving average is also often analyzed as part of a charting technique. At this value ($12.13), the near end is close to the moving average (-1.15 percent). In this case, therefore, the stock of Ford Motor has a different rating, ie “Hold” rating. Overall, Ford Motor receives a “Hold” rating from the simple chart approach.