Equities analysts expect Ford Motor (NYSE:F) to post earnings of $0.42 per share for the current quarter, according to Zacks. Two analysts have provided estimates for Ford Motor’s earnings, with the highest EPS estimate coming in at $0.44 and the lowest estimate coming in at $0.40. Ford Motor posted earnings per share of $0.56 in the same quarter last year, which would suggest a negative year over year growth rate of 25%. The company is expected to report its next earnings report on Wednesday, July 25th.
According to Zacks, analysts expect that Ford Motor will report full-year earnings of $1.56 per share for the current year, with EPS estimates ranging from $1.50 to $1.66. For the next fiscal year, analysts anticipate that the business will report earnings of $1.56 per share, with EPS estimates ranging from $1.25 to $1.81. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that that provide coverage for Ford Motor.
Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, April 25th. The auto manufacturer reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.02. The company had revenue of $41.96 billion during the quarter, compared to the consensus estimate of $37.06 billion. Ford Motor had a return on equity of 21.31% and a net margin of 4.86%. Ford Motor’s revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.39 earnings per share.
Several equities analysts have weighed in on the company. ValuEngine raised Ford Motor from a “sell” rating to a “hold” rating in a research report on Thursday. Piper Jaffray Companies downgraded Ford Motor from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $13.48 to $12.00 in a research report on Tuesday, May 15th. They noted that the move was a valuation call. Morgan Stanley set a $16.00 price target on Ford Motor and gave the stock a “buy” rating in a research report on Thursday. Susquehanna Bancshares set a $12.00 price objective on Ford Motor and gave the company a “hold” rating in a research report on Wednesday, March 14th. Finally, Nomura lowered their price objective on Ford Motor to $11.00 and set a “neutral” rating for the company in a research report on Thursday, February 1st. Two analysts have rated the stock with a sell rating, seventeen have given a hold rating and six have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $12.78.
Ford Motor stock traded down $0.11 during mid-day trading on Friday, hitting $11.51. 19,337,470 shares of the company were exchanged, compared to its average volume of 33,145,716. The company has a debt-to-equity ratio of 2.89, a quick ratio of 1.11 and a current ratio of 1.23. The company has a market capitalization of $45.73 billion, a price-to-earnings ratio of 6.47, a PEG ratio of 0.69 and a beta of 1.04. Ford Motor has a 12-month low of $10.14 and a 12-month high of $13.48.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 1st. Investors of record on Friday, April 20th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.21%. The ex-dividend date of this dividend is Thursday, April 19th. Ford Motor’s dividend payout ratio (DPR) is 33.71%.
In other news, Chairman William Clay Ford, Jr. sold 454,260 shares of the company’s stock in a transaction that occurred on Friday, March 2nd. The stock was sold at an average price of $10.32, for a total transaction of $4,687,963.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John C. Lechleiter bought 5,000 shares of the stock in a transaction dated Friday, May 11th. The shares were bought at an average cost of $11.17 per share, with a total value of $55,850.00. Following the completion of the acquisition, the director now directly owns 34,400 shares of the company’s stock, valued at approximately $384,248. The disclosure for this purchase can be found here. Insiders own 0.95% of the company’s stock.
Several large investors have recently bought and sold shares of the company. Suntrust Banks Inc. grew its holdings in shares of Ford Motor by 51.3% during the first quarter. Suntrust Banks Inc. now owns 443,415 shares of the auto manufacturer’s stock valued at $4,911,000 after purchasing an additional 150,411 shares during the last quarter. Howard Capital Management Inc. grew its holdings in shares of Ford Motor by 225.0% during the first quarter. Howard Capital Management Inc. now owns 2,106,887 shares of the auto manufacturer’s stock valued at $23,344,000 after purchasing an additional 1,458,697 shares during the last quarter. Vestpro Financial Partners Inc. dba CPF Texas grew its holdings in shares of Ford Motor by 5,038.9% during the first quarter. Vestpro Financial Partners Inc. dba CPF Texas now owns 51,389 shares of the auto manufacturer’s stock valued at $569,000 after purchasing an additional 50,389 shares during the last quarter. Trilogy Capital Inc. grew its holdings in shares of Ford Motor by 17.6% during the first quarter. Trilogy Capital Inc. now owns 76,825 shares of the auto manufacturer’s stock valued at $851,000 after purchasing an additional 11,477 shares during the last quarter. Finally, Quad Cities Investment Group LLC bought a new position in shares of Ford Motor during the first quarter valued at approximately $220,000. 55.42% of the stock is owned by institutional investors.
Ford Motor Company Profile
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.
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