Ford Motor Company (NYSE:F) Touches into Overbought RSI Levels

Lawrence Kim
October 13, 2017

YorkBridge Wealth Partners LLC now owns 2,838 shares of the auto manufacturer's stock worth $101,000 after purchasing an additional 860 shares during the last quarter.

The company last reported its quarterly results on Oct 24 BMO. Hedge funds and other institutional investors own 72.22% of the company's stock.

The stock increased 1.25% or $0.2 on October 11, reaching $16.25. Finally, Prudential Financial Inc. raised its stake in General Motors by 129.2% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 1,820,910 shares of the auto manufacturer's stock valued at $57,850,000 after buying an additional 1,592,500 shares during the period. The New York-based Braun Stacey Inc has invested 0.01% in General Motors Company (NYSE:GM). Mitsubishi Ufj Tru & Banking holds 0.2% in General Motors Company (NYSE:GM) or 3.03 million shares. Ward now forecasts that the auto manufacturer will earn $1.70 per share for the quarter, up from their previous forecast of $1.69. These ratios are important while doing valuation of the company or the shares of the company.

Turning to Ford Motor Company (NYSE:F), its shares were trading at $12.38 a retreat of $-0.01, on the trading floor. The stock is now 8.97% away from its 50-day simple moving average and 6.22% away from the 200 day average. The stock has a market cap of $49.91 billion, a price-to-earnings ratio of 5.12 and a beta of 1.32. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 10.72%, whereas SMA50 and SMA200 are 19.97% and 26.44% respectively. The VC1 of General Motors Company (NYSE:GM) is 5. General Motors Company (NYSE:GM) has a Price to Book ratio of 1.432830. The auto manufacturer reported $1.89 EPS for the quarter, beating the consensus estimate of $1.72 by $0.17. General Motors Company had a return on equity of 22.14% and a net margin of 5.69%. The business had revenue of $36.98 billion during the quarter, compared to analysts' expectations of $37.67 billion. During the same period in the previous year, the firm posted $1.86 earnings per share. Its opening price on the last trading day was $45.21.

Three months ago, on the other hand, the average analyst rating for Ford Motor Company (F) was a Hold - from a survey of 15 analysts.

The firm also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Stanley holds 0.11% in Weyerhaeuser Co (NYSE:WY) or 12,310 shares. The ex-dividend date of this dividend is Wednesday, June 7th. This represents a $1.52 annualized dividend and a dividend yield of 3.34%. The ERP5 of General Motors Company (NYSE:GM) is 6474.

GM has been the subject of a number of research analyst reports. Vetr raised General Motors Company from a "buy" rating to a "strong-buy" rating and set a $41.64 target price for the company in a research note on Monday, March 13th.

On October 3 the stock rating was upgraded from "Neutral" to "Buy" in a statement from Bank of America.

9 number of analysts have estimated the sales of the company for the quarter ending Oct 24, 2017, analysts estimated mean sale target of 147595 million while high and low sale targets are estimated at 151155 million and 145331 million respectively. Motco holds 0% of its portfolio in Ford Motor Company (NYSE:F) for 411 shares. There are brokerage firms with lower targets than the average, including one setting a price target of $9. Wall Street is only getting more bullish on the stock, with 6 of analysts who cover FE having a buy-equivalent rating. General Motors has an average rating of "Buy" and a consensus price target of $41.83. More interesting news about General Motors Company (NYSE:GM) were released by: Seekingalpha.com and their article: "General Motors: Now Is Just The Beginning" published on October 04, 2017 as well as Investorplace.com's news article titled: "General Motors (GM) to Develop Fast Fuel-Cell Electric Platform" with publication date: October 12, 2017. The stock jumped 33.97 percent over the past six months. Following the completion of the sale, the insider now owns 77,052 shares in the company, valued at $2,758,461.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jane L. Mendillo purchased 1,520 shares of the firm's stock in a transaction on Friday, May 26th. The stock was bought at an average cost of $34.73 per share, with a total value of $347,300.00. Insiders sold 852,901 shares of company stock worth $32,378,733 over the last quarter. The disclosure for this sale can be found here.

In related news, insider Karl-Thomas Neumann sold 234,274 shares of the business's stock in a transaction on Tuesday, August 1st. Insiders own 0.04% of the company's stock.

General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts. The stock of Ford Motor Company (NYSE:F) has "Neutral" rating given on Tuesday, September 20 by Buckingham Research. The company has market cap of $2.23 billion.

After the recent increase in the stock price, investors might also be looking to see if the stock has entered overbought territory and possibly be primed for a pullback.

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