Ford Motor Company (F, Financial) recently experienced a significant stock movement, with shares rising by 5.09% to $11.14. The trading volume reached 55.17 million shares, reflecting a turnover rate of 1.39% and a price fluctuation amplitude of 2.64%.
The company’s recent financial report revealed a revenue of $46.196 billion, a net profit of $892 million, and earnings per share (EPS) of $0.22. The gross profit stood at $3.292 billion, with a price-to-earnings (P/E) ratio of 12.61. Among the 25 institutions evaluating Ford’s stock, 36% recommend buying, 60% advise holding, and 4% suggest selling.
Within the auto manufacturing industry, Ford's sector experienced an overall increase of 8.70%. Other notable gainers in the industry included Tesla and Faraday Future Intelligent Electric Inc., alongside active stocks such as Mullen Automotive and Workhorse Group.
Ford Motor Company produces vehicles under the Ford and Lincoln brands. In March 2022, Ford announced the separation of its Ford Blue internal combustion engine operations and Ford Model e electric vehicle segment into distinct units, both still part of Ford Motor Company. Ford holds approximately 13% of the U.S. market, 11% in the U.K., and less than 2% in China. U.S. sales comprise about 66% of its 2023 revenue. Ford employs around 177,000 people, including 59,000 represented by the United Auto Workers (UAW), with its headquarters in Dearborn, Michigan.
