Professional
Added to YB: 2024-07-04
Pitch date: 2024-07-03
F [bullish]
Ford Motor Company
+18.21%
current return
Author Info
No bio for this author
Company Info
Ford Motor Company develops, delivers, and services Ford trucks, sport utility vehicles, commercial vans and cars, and Lincoln luxury vehicles worldwide.
Market Cap
$45.5B
Pitch Price
$11.64
Price Target
19.00 (+38%)
Dividend
6.57%
EV/EBITDA
18.66
P/E
14.64
EV/Sales
0.96
Sector
Automobiles
Category
growth
Ford Motor Company: Second-Quarter US Sales Growth All From Hybrid and EVs
F: Q2 US sales +0.8%, H1 +3.6%, driven by hybrids (+55.6% Q2) & EVs. F-Series -6.1% Q2 but +30% Q1. Lincoln +18.9% Q2. Targeting 50% global EV by 2030, 2M annual BEV by 2026. Restructuring ongoing, $2B cost cuts 2024. FV $19. Risks: cyclicality, union power, EV transition. EBIT margin target 10% 2026, midcycle 6.5-7%. $50B EV investment 2022-26.
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