Ford Motor Company (NYSE:F) – Research analysts at Jefferies Group issued their Q2 2017 earnings per share (EPS) estimates for Ford Motor Company in a research report issued on Monday. Jefferies Group analyst P. Houchois expects that the auto manufacturer will post earnings per share of $0.50 for the quarter. Jefferies Group has a “Hold” rating and a $12.00 price objective on the stock. Jefferies Group also issued estimates for Ford Motor Company’s FY2017 earnings at $1.55 EPS and FY2018 earnings at $1.63 EPS.
Other research analysts also recently issued reports about the stock. Berenberg Bank set a $10.00 price target on shares of Ford Motor Company and gave the stock a “sell” rating in a research note on Monday, June 12th. Royal Bank Of Canada reissued a “buy” rating and set a $14.00 price target on shares of Ford Motor Company in a research note on Friday, May 5th. Guggenheim assumed coverage on shares of Ford Motor Company in a research note on Wednesday, June 21st. They set a “neutral” rating and a $13.00 price target on the stock. ValuEngine downgraded shares of Ford Motor Company from a “buy” rating to a “hold” rating in a research note on Saturday, June 17th. Finally, Bank of America Corporation reissued a “buy” rating and set a $12.50 price target (down from $14.00) on shares of Ford Motor Company in a research note on Friday, June 16th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. Ford Motor Company presently has an average rating of “Hold” and a consensus price target of $13.41.
Shares of Ford Motor Company (NYSE:F) opened at 11.56 on Tuesday. The firm’s 50-day moving average is $11.09 and its 200-day moving average is $11.87. The company has a market capitalization of $46.03 billion, a price-to-earnings ratio of 12.31 and a beta of 1.11. Ford Motor Company has a 12-month low of $10.67 and a 12-month high of $14.04.
Ford Motor Company (NYSE:F) last posted its earnings results on Thursday, April 27th. The auto manufacturer reported $0.39 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.34 by $0.05. Ford Motor Company had a net margin of 2.48% and a return on equity of 19.36%. The firm had revenue of $36.48 billion for the quarter, compared to analyst estimates of $34.62 billion. During the same period in the previous year, the firm posted $0.68 EPS. The company’s revenue for the quarter was up 3.5% compared to the same quarter last year.
A number of institutional investors have recently modified their holdings of the company. Parallel Advisors LLC acquired a new position in shares of Ford Motor Company during the fourth quarter worth $181,000. Bristol Advisors LLC acquired a new position in shares of Ford Motor Company during the fourth quarter worth $434,000. Cpcm LLC acquired a new position in shares of Ford Motor Company during the fourth quarter worth $4,271,000. Flinton Capital Management LLC acquired a new position in shares of Ford Motor Company during the fourth quarter worth $3,348,000. Finally, Marietta Wealth Management LLC acquired a new position in shares of Ford Motor Company during the fourth quarter worth $150,000. 55.59% of the stock is owned by institutional investors and hedge funds.
In other news, insider James D. Farley, Jr. sold 25,000 shares of Ford Motor Company stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $11.16, for a total value of $279,000.00. Following the completion of the transaction, the insider now owns 428,411 shares of the company’s stock, valued at approximately $4,781,066.76. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.08% of the stock is owned by insiders.
Ford Motor Company 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.
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