Ford Motor (New York Stock Exchange:F) stocks are on track to snap their six-day losing streak. The action had lost about 5.7% over the course of six days of progress.
the car company rose 1.40% to $11.8 early in the afternoon. In general, the actions had increased about 10% in 2023.
December has been A favorable month for the company, with 13 sessions in green and seven sessions in red.
As for Seeking Alpha's quantitative rating, F has a Hold rating with a score of 3.20 out of 5. The company received an A+ for profitability and a C- for momentum, while its growth outlook and valuation have been rated as D+ and A-, respectively. .
As for the Wall Street community, seven analysts give F a Strong Buy, while five are Buys for the stock. Around nine analysts have given the stock a Hold recommendation and three Strong Sell recommendations.
Gytis Zizys, a SA employee, is optimistic about the company and states that its financial situation is not particularly bad.
“Ford's revenue has been stagnant, but recent performance shows signs of recovery, especially in the electric vehicle market, where the F-150 Lightning is the best-selling product,” Zizys said.
However, another contributor, Dair Sansyzbayev, did not share the same optimism and stated that the company's profitability is in secular decline and, according to his analysis, the future prospects appear cloudy.
“Ford's position in the electric vehicle market is not as strong as its legacy in the automobile industry,” Sansyzbayev added.
