Analysts predict that Ford Motor (NYSE:F – Get Rating) will post earnings of $0.41 per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for Ford Motor’s earnings, with estimates ranging from $0.25 to $0.55. Ford Motor posted earnings of $0.89 per share during the same quarter last year, which would suggest a negative year over year growth rate of 53.9%. The firm is expected to report its next quarterly earnings results on Monday, January 1st.
On average, analysts expect that Ford Motor will report full-year earnings of $1.87 per share for the current financial year, with EPS estimates ranging from $1.75 to $2.00. For the next financial year, analysts forecast that the company will report earnings of $2.14 per share, with EPS estimates ranging from $1.88 to $2.25. Zacks’ EPS averages are a mean average based on a survey of sell-side research analysts that follow Ford Motor.
Ford Motor (NYSE:F – Get Rating) last posted its quarterly earnings data on Thursday, February 3rd. The auto manufacturer reported $0.26 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.43 by ($0.17). The firm had revenue of $35.30 billion during the quarter, compared to analyst estimates of $35.02 billion. Ford Motor had a net margin of 13.13% and a return on equity of 18.55%. During the same period in the previous year, the company posted $0.34 earnings per share.
Several equities research analysts have recently weighed in on F shares. Royal Bank of Canada downgraded Ford Motor from an “outperform” rating to a “sector perform” rating and increased their price objective for the company from $21.00 to $26.00 in a report on Friday, January 14th. Wells Fargo & Company decreased their price target on Ford Motor from $26.00 to $25.00 and set an “overweight” rating for the company in a report on Friday, April 1st. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $23.00 to $17.00 in a report on Thursday, April 7th. The Goldman Sachs Group increased their price target on Ford Motor from $20.00 to $22.00 and gave the stock a “neutral” rating in a report on Monday, January 10th. Finally, Zacks Investment Research raised Ford Motor from a “hold” rating to a “buy” rating and set a $22.00 price target for the company in a report on Wednesday, February 2nd. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $19.33.
Shares of F stock traded up $0.19 during trading hours on Monday, hitting $15.67. The stock had a trading volume of 38,618,850 shares, compared to its average volume of 98,860,086. The firm has a market capitalization of $62.75 billion, a PE ratio of 3.54, a PEG ratio of 1.00 and a beta of 1.11. Ford Motor has a twelve month low of $11.14 and a twelve month high of $25.87. The stock’s 50 day moving average is $16.72 and its 200 day moving average is $18.52. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.20 and a quick ratio of 1.07.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 1st. Investors of record on Tuesday, April 26th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.55%. The ex-dividend date is Monday, April 25th. Ford Motor’s dividend payout ratio is presently 9.03%.
In related news, insider William Clay Ford, Jr. acquired 267,697 shares of the company’s stock in a transaction that occurred on Thursday, March 24th. The stock was purchased at an average price of $16.81 per share, for a total transaction of $4,499,986.57. The purchase was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 0.71% of the company’s stock.
A number of large investors have recently modified their holdings of F. Norges Bank acquired a new stake in Ford Motor in the 4th quarter worth about $780,129,000. SG Americas Securities LLC lifted its stake in shares of Ford Motor by 139.8% in the 3rd quarter. SG Americas Securities LLC now owns 2,186,898 shares of the auto manufacturer’s stock valued at $30,966,000 after purchasing an additional 7,682,784 shares in the last quarter. Renaissance Technologies LLC acquired a new position in shares of Ford Motor in the 4th quarter valued at about $119,135,000. UBS Asset Management Americas Inc. lifted its stake in shares of Ford Motor by 27.7% in the 3rd quarter. UBS Asset Management Americas Inc. now owns 25,119,697 shares of the auto manufacturer’s stock valued at $355,695,000 after purchasing an additional 5,447,109 shares in the last quarter. Finally, Capital Research Global Investors acquired a new position in shares of Ford Motor in the 4th quarter valued at about $108,211,000. 50.76% of the stock is currently owned by hedge funds and other institutional investors.
Ford Motor Company Profile (Get Rating)
Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.
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