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MarketScreener Homepage  >  Equities  >  Nyse  >  Ford Motor Company    F

FORD MOTOR COMPANY

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Ford Motor : Pushes Back Restart Date for North American Factories

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03/31/2020 | 10:05am EDT

By Mike Colias

 

Ford Motor Co. has scrapped mid-April restart dates for some of its North American factories that are shut down to limit the spread of coronavirus, extending the work stoppage until future notice.

Last week, Ford said it planned to re-open a factory in Mexico on April 6, followed by factories in Michigan, Kentucky, Missouri and Ohio on April 14. The U.S. plants produce Ford's most-profitable vehicles: pickup trucks and large sport-utility vehicles, as well as commercial vans.

Ford said future startup dates will be announced later. The company also said it is working with the United Auto Workers to redouble health and safety protocols to limit worker exposure in the plants.

Ford, General Motors Co. and Fiat Chrysler Automobiles NV have had nearly all their North American factories closed since about March 20. The UAW, which represents roughly 150,000 workers at the Detroit auto makers, has cited several Covid-19 deaths among its membership.

 

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Financials (USD)
Sales 2020 114 B - -
Net income 2020 -5 249 M - -
Net Debt 2020 2 029 M - -
P/E ratio 2020 -3,46x
Yield 2020 2,81%
Capitalization 22 709 M 22 709 M -
EV / Sales 2019
EV / Sales 2020 0,22x
Nbr of Employees 190 000
Free-Float 98,0%
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Technical analysis trends FORD MOTOR COMPANY
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Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 21
Average target price 5,57 $
Last Close Price 5,71 $
Spread / Highest target 57,6%
Spread / Average Target -2,41%
Spread / Lowest Target -38,7%
EPS Revisions
Managers
NameTitle
James P. Hackett President, Chief Executive Officer & Director
William Clay Ford Executive Chairman
James D. Farley Chief Operating Officer
Timothy Stone Chief Financial Officer
Jeff Lemmer Chief Information Officer & Vice President
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