Ford Motor Company ranks fourth internationally and is the second-largest US automaker by capitalization and market share. Henry Ford established the business in 1903 after a string of automobiles culminating in the Model T’s debut. The Model T transformed the auto industry by altering production practices and making cars accessible to the emerging middle class. To increase production speed and reduce the cost of its automobiles, Ford installed the first moving assembly line in history at their facility.
Other notable inventions by Mr. Ford include the uniform workweek and the rigorous standardization of parts that made building and repair simple. Henry Ford ran three shifts daily, increased efficiency, and allowed his employees to purchase their goods by implementing a $5 workday and eight-hour shifts.
Today, Ford Motor Company produces and purchases many automobiles, trucks, SUVs, electric vehicles, and Lincoln premium cars worldwide. For many years, the company’s recognizable F-series of pickup trucks has been the best-purchasing pickup in the world, and the new all-electric Lightning is poised to take the lead in the EV market. The 1954 Thunderbird, the 1964 Mustang, and the 1965 Transit work van are well-known Ford models. Notably, the Mustang was designed for the World’s Fair and was predicted to purchase 100,000 units in its first year. However, it astonished the industry by purchasing 22,000 units on its first day of sale.
Ford Blue (ICE cars), Model E (EVs), Mobility, and Ford Credit are the company’s four business segments. While the Mobility area develops and manufactures cutting-edge technology, such as autonomous car systems that can drive themselves, the Ford Blue and Model E segments purchase Ford and Lincoln automobiles, parts, and accessories.
The Ford Credit division mainly provides retail and business loans to vehicle dealers and consumers. Ford is preparing for an all-EV future and fully embracing the electric vehicle transition. To do this, the company promised to invest up to $50 billion in EV infrastructure by 2026. Plans call for a new campus devoted to producing electric cars, including new vehicles, motor platforms, and batteries. By that same year, the business hopes to have sold 2 million EVs in overall capacity.
Industry, Sector and Symbol:
- NYSE is the stock exchange.
- Sector: Vehicles, Tires, and Trucks
- Industry: Automobiles and auto bodies
- Automobile Manufacturers Sub-Industry
- NYSE: F is the current symbol.
- Prior Symbol: Web: www.ford.com Phone: (313) 322-3000 Fax: 313-322-9600 NYSE: F, CKI: 37996
- 171,000 workers; year of founding: 1903
Price Target and Rating:
- Target Average Stock Price: $11.89
- Target High Stock Price: $18.00
- Target Low Stock Price: $8.00
- Possible Benefit/Disadvantage: +24.6%The hold is the consensus rating.
- Score for Rating: 0–4 2.06
- Coverage of Research: 16 Analysts
Profitability:
- The last fiscal year’s EPS was $1.46.
- 6.54 is the trailing P/E ratio.
- P/E Growth: 0.61 Forward P/E Ratio: 6.49
- Gross Profit: $5.88 billion
- 3.18% is the net margin.
- Margin before taxes: 3.91%
- Equity Return: 16.88%
- Asset Return: 2.64%
Sales & Book Value:
- Sales per year: $184.99 billion
- Sales / Price: 0.20
- Price / Cash Flow: 2.80; Book Value: $11.32; Price / Book: 0.84; Cash Flow: $3.41 per share
