MSFT 446.34 -0.4528% AAPL 214.29 -1.0984% NVDA 135.58 3.512% GOOGL 175.09 -1.213% GOOG 176.45 -1.3033% AMZN 182.81 -0.6791% META 499.49 -1.4093% AVGO 1802.52 -1.4408% TSLA 184.86 -1.3764% TSM 179.69 1.3823% LLY 891.46 0.7288% V 273.62 0.9035% JPM 197.0 1.036% UNH 481.05 -1.672% NVO 140.8 0.3063% WMT 67.6 0.267% LVMUY 152.46 -1.7021% XOM 109.38 0.9413% LVMHF 762.0 -1.8041% MA 450.11 0.4463%


One NYSE- Listed Automobile Stock to Consider- Ford Motors Co.

May 30, 2023 | Team Kalkine
One NYSE- Listed Automobile Stock to Consider- Ford Motors Co.

Section 1: Company Fundamentals

1.1 Company Overview:

Ford Motor Company (NYSE: F) is an automobile company. The Company designs, manufactures, markets, and services a full line of electrified passenger and commercial vehicles, such as Ford trucks, utility vehicles, vans, and cars, and Lincoln luxury vehicles. The Company's segments include Ford Blue, Ford Model e, Ford Pro, Ford Next and Ford Credit.

Kalkine’s Daily Report covers the Company Overview, Key positives & negatives, Business updates and insights into company recent financial results, Key Risks & Outlook, Price performance and technical summary, Target Price, and Recommendation on the stock.

Stock Performance:

  • The stock has corrected by 9.78% in the last six months as well as 3.18% in the last year.
  • The stock is leaning towards the lower band of its 52-week range of USD 16.68 and 52-week low price of USD 10.61.
  • The price is currently trading between both its short-term (50-day) SMA and long-term (200-day) SMA, with the current RSI of 55.74, with the expectation of a trend reversal from the current levels as with the current momentum in the RSI.

1.2 Summary Table

1.3 The Key Positives, and Negatives:

1.4 Key Metrics:

Ford Motor Company has demonstrated remarkable cost management proficiency across its operations, resulting in superior profitability margins compared to industry peers. This accomplishment can be attributed to the company's effective operational practices implemented at various levels. Additionally, Ford has made notable progress in generating free cash flow during the first quarter of the fiscal year 2023. This positive development is a result of the company's heightened effectiveness in all operational aspects, thereby strengthening its cash flow position. Ford's adeptness in cost management and the subsequent achievement of higher profitability margins have played a significant role in enhancing its free cash flow performance. These accomplishments highlight the company's unwavering commitment to maximizing operational efficiency and maintaining a strong financial position.

Section 2: Ford Motors Company (“Buy” at the closing market price of USD 12.09, as of May 26, 2023)

2.1 Company Details

2.2 Technical Guidance and Stock Recommendation

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is May 26, 2023. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: The report publishing date is as per the Pacific Time Zone.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

 Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

 Stop-loss: It is a level to protect against further losses in case of unfavorable movement in the stock prices.