Analysts Anticipate Ford Motor Company (F) to Announce $0.31 EPS
Equities research analysts forecast that Ford Motor Company (NYSE:F) will report $0.31 earnings per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Ford Motor’s earnings. The highest EPS estimate is $0.38 and the lowest is $0.21. Ford Motor posted earnings of $0.26 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 19.2%. The firm is scheduled to report its next quarterly earnings results before the market opens on Thursday, October 26th.
On average, analysts expect that Ford Motor will report full-year earnings of $1.71 per share for the current fiscal year, with EPS estimates ranging from $1.54 to $1.81. For the next year, analysts forecast that the firm will report earnings of $1.50 per share, with EPS estimates ranging from $0.94 to $1.71. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Ford Motor.
Ford Motor (NYSE:F) last posted its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.13. The firm had revenue of $36.93 billion during the quarter, compared to analyst estimates of $37.22 billion. Ford Motor had a net margin of 2.52% and a return on equity of 19.69%. Ford Motor’s revenue was down .5% on a year-over-year basis. During the same period in the previous year, the business posted $0.52 EPS.
A number of brokerages recently issued reports on F. BidaskClub cut shares of Ford Motor from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 10th. ValuEngine cut shares of Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, June 17th. Royal Bank Of Canada reiterated a “buy” rating and set a $13.00 target price on shares of Ford Motor in a research report on Monday. Piper Jaffray Companies reiterated a “buy” rating and set a $14.00 target price on shares of Ford Motor in a research report on Friday, July 28th. Finally, Vetr cut shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.54 target price for the company. in a research report on Monday, September 4th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $12.46.
In related news, VP John T. Lawler sold 80,624 shares of the stock in a transaction that occurred on Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total value of $886,864.00. Following the sale, the vice president now directly owns 10 shares in the company, valued at approximately $110. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Hau N. Thai-Tang sold 25,000 shares of the stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $11.50, for a total transaction of $287,500.00. Following the completion of the sale, the insider now owns 76,358 shares in the company, valued at $878,117. The disclosure for this sale can be found here. Insiders sold a total of 170,624 shares of company stock worth $1,912,964 in the last ninety days. Insiders own 1.08% of the company’s stock.
Several large investors have recently made changes to their positions in the stock. Bridgewater Associates LP acquired a new stake in Ford Motor during the 1st quarter worth approximately $2,342,000. Mathes Company Inc. acquired a new stake in Ford Motor during the 2nd quarter worth approximately $571,000. Advisor Partners LLC raised its holdings in Ford Motor by 6.3% during the 1st quarter. Advisor Partners LLC now owns 31,086 shares of the auto manufacturer’s stock worth $362,000 after buying an additional 1,840 shares during the period. CWA Asset Management Group LLC acquired a new stake in Ford Motor during the 1st quarter worth approximately $122,000. Finally, AE Wealth Management LLC raised its holdings in Ford Motor by 37.5% during the 1st quarter. AE Wealth Management LLC now owns 170,943 shares of the auto manufacturer’s stock worth $1,990,000 after buying an additional 46,598 shares during the period. Institutional investors and hedge funds own 54.35% of the company’s stock.
WARNING: This article was published by Daily Political and is the property of of Daily Political. If you are accessing this article on another domain, it was illegally stolen and republished in violation of United States & international copyright legislation. The original version of this article can be read at https://www.dailypolitical.com/2017/09/18/analysts-anticipate-ford-motor-company-f-to-announce-0-31-eps.html.
Ford Motor (F) traded up 0.301% on Friday, reaching $11.655. 8,920,720 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $11.03 and a 200-day moving average of $11.35. The firm has a market capitalization of $46.29 billion, a price-to-earnings ratio of 12.268 and a beta of 1.12. Ford Motor has a 12 month low of $10.47 and a 12 month high of $13.27.
The firm also recently announced a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Monday, July 24th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.16%. The ex-dividend date was Thursday, July 20th. Ford Motor’s dividend payout ratio (DPR) 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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.