Ford Motor Co (F) Quote | Morningstar

Skip to Content

Is it the right time to buy or sell?

Find out with Morningstar Premium

Is it the right time to buy or sell?

Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Stewardship

PREMIUM

Jim Farley Becoming Ford CEO Is Not a Surprise

Sector Strategist David Whiston

David Whiston, CFA, CPA, CFE Sector Strategist

Analyst Note

| David Whiston, CFA, CPA, CFE | Aug 4, 2020

Ford announced on Aug. 4 that CEO and President Jim Hackett, 65, will retire on Oct. 1 and be succeeded by Jim Farley, 58. Farley is currently COO, and it is not a surprise that he is succeeding Hackett, as that seemed obvious once he became COO in February. We have said in our report that we expected Hackett to retire by the end of 2021, and we’ve heard frustration on earnings calls with Hackett’s vision and communication.

Read Full Analysis

Company Profile

Business Description

Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. The company has about 14.1% market share in the United States and about 7% share in Europe. Sales in North America and Europe made up 68% and 20% of 2019 auto revenue, respectively. Ford has about 190,000 employees, including about 56,000 UAW employees, and is based in Dearborn, Michigan.

Contact

One American Road
Dearborn, MI, 48126

T +1 313 322-3000

Sector Consumer Cyclical

Industry Auto Manufacturers

Most Recent Earnings Jun 30, 2020

Fiscal Year End Dec 31, 2020

Stock Type Cyclical

Employees 190,000

Related

Value Investing Revisited

The methods may need fine-tuning, but fundamentals still drive returns.

Stock Analyst Update

Ford CEO Change Doesn't Affect Fair Value Estimate

We are leaving our fair value in place due to Ford’s high debt load, and we want to see Farley produce meaningful improvement.

Stock Analyst Update

Ford's Q2 Better Than Guided, Improvement Expected 2021

Ford reported second-quarter results ravaged by the coronavirus that forced shutdowns, including six weeks of idle time in North America.

The Week Ahead: Pfizer, Facebook, Google, and Apple to Report Earnings

Earnings from big names in industrials, consumer cyclical, finance, and more are also on the calendar for next week.

Carole Hodorowicz

Stock Analyst Update

First Quarter the Start of Ford's Coronavirus Woes

Ford’s first-quarter results suffered hard from COVID-19 and the worst is yet to come.

The Week Ahead: Apple, Facebook, and Boeing to Report Earnings

We are also on the lookout for reports from Southwest, Microsoft, and Exxon Mobil.

Carole Hodorowicz

Stock Strategist Industry Reports

U.S. Autos Are Not Doomed

Sales will be horrendous in the near term, but there’s value to be found.

Stock Analyst Update

Ford Has a Lot of Cash to Fight the Impact of COVID-19

We expect the no-moat firm to survive the damage without going bankrupt.

8 Sturdy Dividend Stocks

We think the payouts on these undervalued names are sustainable.

Susan Dziubinski

Stock Analyst Update

Coronavirus Not Yet Hurting U.S. Autos, Bad News Likely

There is little data to gauge the coronavirus impact on the industry, so we are not changing our forecast at this time.

Stock Strategist Industry Reports

Moats, Motors, and Markets in 2020

Our analysts offer their annual global auto overview, forecast, and actionable ideas.

Advisor Insights

Q&A: A New, ESG View of Bond Risks

Fixed-income portfolio manager Steve Liberatore says ESG risks are tied to the long-term viability of issuers.

Stock Analyst Update

Ford’s Lukewarm Results Could Continue in 2020

We don’t think Ford’s intrinsic value is well below $10 per share as the stock often trades, but we do think the stock will stay in that area for at least all of 2020.

Most Arguments Against Index Investing Aren't Compelling

A closer look at the merits of common arguments against index investing.

Investment Opportunities Abound in Electric Vehicles

These are our picks in supply chain and ancillary industries.

Premium Article

8 Surprising Stocks to Consider

These large companies lack economic moats and have negative moat trends--but we think they’re attractive nonetheless.

Susan Dziubinski

Stock Analyst Update

Bright Spots for Ford Despite Missing Consensus

We are not changing our fair value estimate for the no-moat automaker.

Stock Analyst Update

Trump's Mexican Tariffs Are Bad for U.S. Auto Industry

We are leaving our U.S. autos coverage fair value estimates in place, because the tariff will face major pushback from lawmakers.

Optimism for Ford, Less So for Tesla

We expect things to get better for GM as the year unfolds.

A Legendary Bond Fund Gets Downgraded

We've lowered Loomis Sayles Bond's Morningstar Analyst Rating to Silver.