FY2017 EPS Estimates for Ford Motor Company (F) Raised by Analyst

Ford Motor Company (NYSE:F) – Equities research analysts at Seaport Global Securities upped their FY2017 earnings estimates for shares of Ford Motor in a research note issued to investors on Thursday. Seaport Global Securities analyst M. Ward now forecasts that the auto manufacturer will earn $1.70 per share for the year, up from their previous forecast of $1.60.

F has been the topic of a number of other research reports. Vetr downgraded shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.45 price target on the stock. in a research note on Wednesday, May 31st. Wolfe Research started coverage on shares of Ford Motor in a research note on Tuesday, June 13th. They set a “market perform” rating on the stock. Zacks Investment Research raised shares of Ford Motor from a “strong sell” rating to a “hold” rating in a research note on Monday, April 24th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $14.00 price target on shares of Ford Motor in a research note on Friday, July 28th. Finally, Deutsche Bank AG reaffirmed a “hold” rating and set a $14.00 price target on shares of Ford Motor in a research note on Wednesday, May 24th. Three investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $13.27.

COPYRIGHT VIOLATION WARNING: This report was reported by BNB Daily and is the sole property of of BNB Daily. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://www.baseball-news-blog.com/2017/08/13/fy2017-eps-estimates-for-ford-motor-company-f-raised-by-analyst-updated.html.

Ford Motor (F) traded up 0.18% during trading on Monday, hitting $10.97. 13,398,853 shares of the company traded hands. Ford Motor has a 52 week low of $10.67 and a 52 week high of $13.27. The company’s 50 day moving average is $11.31 and its 200-day moving average is $11.67. The stock has a market capitalization of $43.57 billion, a PE ratio of 11.55 and a beta of 1.11.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.13. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. The company had revenue of $36.93 billion for the quarter, compared to analyst estimates of $37.22 billion. During the same quarter last year, the firm earned $0.52 EPS. The firm’s quarterly revenue was down .5% compared to the same quarter last year.

A number of hedge funds and other institutional investors have recently modified their holdings of F. Balentine LLC boosted its position in shares of Ford Motor by 2.6% in the first quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock valued at $106,000 after buying an additional 231 shares during the last quarter. Archford Capital Strategies LLC boosted its position in shares of Ford Motor by 7.8% in the first quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after buying an additional 676 shares during the last quarter. Reilly Financial Advisors LLC boosted its position in shares of Ford Motor by 1.5% in the second quarter. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer’s stock valued at $110,000 after buying an additional 150 shares during the last quarter. Puplava Financial Services Inc. acquired a new position in shares of Ford Motor during the first quarter valued at about $116,000. Finally, TNB Financial acquired a new position in shares of Ford Motor during the first quarter valued at about $119,000. Institutional investors own 55.40% of the company’s stock.

In other news, insider James D. Farley, Jr. sold 25,000 shares of the company’s stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $11.16, for a total value of $279,000.00. Following the transaction, the insider now directly owns 428,411 shares in the company, valued at $4,781,066.76. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 1.08% of the company’s stock.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Monday, July 24th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.48%. The ex-dividend date is Thursday, July 20th. Ford Motor’s payout ratio is presently 63.16%.

Ford Motor Company Profile

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

Earnings History and Estimates for Ford Motor (NYSE:F)

Receive News & Ratings for Ford Motor Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor Company and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply