Analysts expect Ford Motor (NYSE: F) to report earnings of $ 0.28 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts provided earnings estimates for Ford Motor, with the highest EPS estimate being $ 0.34 and the lower estimate being $ 0.20. Ford Motor reported earnings of $ 0.65 per share for the same quarter last year, which would indicate a negative growth rate of 56.9% year-over-year. The company is expected to announce its next earnings report on Wednesday, October 27.
According to Zacks, analysts expect Ford Motor to report annual earnings of $ 1.51 per share for the current year, with EPS estimates ranging from $ 1.01 to $ 1.65. For the next fiscal year, analysts expect the company to post earnings of $ 1.75 per share, with EPS estimates ranging from $ 1.50 to $ 1.90. Zacks Investment Research earnings per share averages are an average based on a survey of sell-side research analysts who provide coverage for Ford Motor.
Ford Motor (NYSE: F) last released its results on Tuesday, July 27. The automaker reported earnings per share (EPS) of $ 0.13 for the quarter, beating consensus analysts’ estimates of ($ 0.03) by $ 0.16. Ford Motor had a return on equity of 24.26% and a net margin of 2.50%.
Several equity research analysts recently commented on F stocks. Royal Bank of Canada upgraded Ford Motor from a “sector performance” rating to an “outperform” rating and increased its price target for the company from $ 13.00 to $ 17.00 in a report released Thursday, May 27. Bank of America raised its price target for Ford Motor from $ 17.00 to $ 18.00 and gave the company a “buy” rating in a report released on Friday, July 16. TheStreet downgraded Ford Motor from a “c” rating to a “b-” rating in a report released on Wednesday, April 28. Zacks Investment Research downgraded Ford Motor from a “hold” rating to a “buy” rating and set a target price of $ 17.00 for the company in a report released on Tuesday, July 6. Finally, Wolfe Research upgraded Ford Motor from a “peer performance” rating to an “outperformance” rating and raised its target share price from $ 13.00 to $ 15.00 in a report. published Thursday, April 22. Two analysts gave the stock a sell rating, five assigned a conservation rating and eleven gave the company a buy rating. The company has an average rating of “Buy” and a consensus target price of $ 14.42.
Separately, insider Kiersten Robinson sold 60,000 shares of the company in a trade on Friday, June 4. The stock was sold at an average price of $ 16.20, for a total trade of $ 972,000.00. Following the closing of the sale, the insider now owns 109,691 shares of the company, valued at $ 1,776,994.20. The sale was disclosed in a file with the Securities & Exchange Commission, available at this link. Additionally, insider Stuart J. Rowley sold 37,414 shares of the company in a trade on Monday, June 21. The stock was sold for an average price of $ 14.82, for a total value of $ 554,475.48. As a result of the sale, the insider now owns 153,614 shares of the company, valued at approximately $ 2,276,559.48. Disclosure of this sale can be found here. In the past 90 days, insiders have sold 112,414 shares of the company valued at $ 1,745,775. Company insiders own 0.90% of the company’s shares.
Several large investors have recently changed their holdings of equities. Rathbone Brothers plc increased its stake in Ford Motor by 5.2% in the second quarter. Rathbone Brothers plc now owns 15,263 shares of the automaker valued at $ 227,000 after purchasing an additional 750 shares in the last quarter. Parcion Private Wealth LLC increased its position in Ford Motor shares by 5.5% during the second quarter. Parcion Private Wealth LLC now owns 17,315 shares in the automaker valued at $ 257,000 after buying 900 more shares in the last quarter. Blue Chip Partners Inc. increased its position in Ford Motor shares by 2.4% during the 2nd quarter. Blue Chip Partners Inc. now owns 38,158 shares of the automaker valued at $ 567,000 after purchasing an additional 909 shares in the last quarter. Delta Asset Management LLC TN increased its position in Ford Motor shares by 29.9% during the 2nd quarter. Delta Asset Management LLC TN now owns 3,956 shares in the automaker valued at $ 59,000 after purchasing an additional 910 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC increased its position in Ford Motor shares by 2.6% during the first quarter. Robertson Stephens Wealth Management LLC now owns 36,807 shares of the automaker valued at $ 450,000 after purchasing an additional 931 shares in the last quarter. 51.78% of the shares are currently held by institutional investors.
NYSE F opened at $ 14.02 on Wednesday. The company has a market cap of $ 55.96 billion, a PE ratio of 16.49, a price / earnings-growth ratio of 0.41, and a beta of 1.15. Ford Motor has a 52-week low of $ 6.41 and a 52-week high of $ 16.45. The company’s 50-day simple moving average is $ 14.63. The company has a current ratio of 1.21, a quick ratio of 1.05 and a debt ratio of 2.90.
Ford Motor Company Profile
Ford Motor Company designs, manufactures, markets and services a line of Lincoln trucks, cars, sport utility vehicles, electrified vehicles and luxury vehicles around the world. It operates through three segments: Automotive, Mobility and Ford Credit. Automotive segment sells Ford and Lincoln vehicles, parts and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, day car rental companies and governments.
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