2023-12-14 13:55:12 ET
Ford ( NYSE: F ) shares are on track for a 7-day winning streak , gaining about 5.1% over the last 6 trading sessions.
The U.S. automobile manufacturer touched a near-two-month high and rose as much as 7.1% on Thursday. Shares of the company have risen 8.1% so far this year .
The stock has closed in the green for 12 out of 21 total trading days in November and has ended positively for eight trading sessions in December so far.
Looking at Seeking Alpha's Quant Rating , Ford has a Hold rating with a score of 3.21 out of 5.
The Dearborn, Michigan-based company has been graded an A+ for profitability and a D+ for momentum, while its growth and valuation prospects have been graded C- and A, respectively.
However, the Quant System has indicated that Ford has displayed warning signs that have historically led to dividend cuts. The company has a Dividend Safety Score of F.
Turning to the Wall Street community , 7 analysts give F a Strong Buy, while 5 are Buy on the stock. Nine analysts have given the stock a Hold recommendation, and three have rated it a Strong Sell.
Seeking Alpha analysts , on average, see the stock as a Hold.
SA contributor Danil Serida, on Ford, wrote in their December 1 report that "due to the enormous negativity that has surrounded the company in recent months, I believe the stock is oversold and undervalued, considering the still relatively low inventories in the industry and the potential positive impact of cost-cutting and buybacks in future periods." The author has rated the stock a Buy.
More on Ford Motor
- Ford 2023 Barclays Global Automotive and Mobility Tech Conference (Transcript)
- Ford Vs GM: Both Down To Their Last Puff?
- Auto recovery set to continue in 2024 with 88.3M in sales projected
- Ford cuts back on all-electric F-150 production due to slower-than-anticipated demand
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Ford on its way to close in the green for a seventh-straight session