Zinger Key Points
- Ford is expected to release quarterly financial earnings today.
- Analysts estimate an EPS of 68 cents.
- Get New Picks of the Market's Top Stocks
Ford Motor Company F is in the spotlight ahead of its earnings release today after the market closes. Here’s what you need to know.
The Details: Analysts estimate an EPS of 68 cents and revenue of $44.024 billion for 2024 fiscal year second quarter.
The stock is currently trading above its 50 day moving average of $12.57 at $13.74. Its average session volume is 49.29 million and its currently trading below that at 15.96 million.
How To Buy Ford Stock
By now you're likely curious about how to participate in the market for Ford Motor F – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy ‘fractional shares,' which allows you to own portions of stock without buying an entire share. For example, some stock, like Berkshire Hathaway, or Amazon.com, can cost thousands of dollars to own just one share. However, if you only want to invest a fraction of that, brokerages will allow you to do so.
In the the case of Ford Motor F, which is trading at $13.67 as of publishing time, $100 would buy you 7.32 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to ‘go short' a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
See Also: BYD Poised To Surpass Tesla In EV Sales As US And Europe Demand Wanes
F Price Action: Ford shares are flat at $13.82 at the time writing, according to data from Benzinga Pro.
Image: Courtesy of Ford
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