Company/Stock Description =Ford is one of the biggest auto makers in the world..
Current Price = $10.82
Number of Earnings Beats in the past 4 Quarters = Missed last quarter.
One Year Return = -7.74%
Five Year Return = 39.6%
Industry Health and Future = Makes the best truck model (F150) in the world for years.
Trailing PE Ratio = 11.27
Forward PE Ratio = 5.58
Great Business Feature = Current dividend yield of 5.5%, the best selling truck, and over $20 billion in cash.
Verdict and Price Target = Ford is a consistently beaten down stock that seemingly rarely rises in stock price for any length of time. However, the company has a very high dividend yield and the company could eventually make moves to greatly reward shareholders even more with the right moves and over $200 billion to help with that. EVs will likely be a part of that future in some way, but the company intends to focus more on its bread and butter recently. Look at what GE did. I purchased the shares in $13 to $15 range over 5 years ago and now GE is 3 separate companies and all have risen in price. If Ford can do something even close to that, shareholders will be richly rewarded. Setting $20 as the long term price target while continuing with the big safe dividends.
Ford recently closed below $10 a share and sported a dividend yield over 6%. This is one stock I will be buying more of when it drops.