Ford Motor Forecasted to Post FY2018 Earnings of $1.46 Per Share (F)

Ford Motor (NYSE:F) – Investment analysts at Jefferies Financial Group lowered their FY2018 EPS estimates for Ford Motor in a note issued to investors on Tuesday, January 8th. Jefferies Financial Group analyst P. Houchois now expects that the auto manufacturer will earn $1.46 per share for the year, down from their prior forecast of $1.48. Jefferies Financial Group currently has a “Buy” rating and a $11.00 target price on the stock.

F has been the subject of a number of other reports. Zacks Investment Research lowered Ford Motor from a “hold” rating to a “sell” rating in a research report on Thursday, January 3rd. ValuEngine upgraded Ford Motor from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 31st. Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and lifted their price target for the company from $9.00 to $12.00 in a research note on Monday, October 29th. Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $14.00 to $10.00 in a research note on Friday, October 19th. Finally, Berenberg Bank reiterated a “sell” rating and set a $6.00 price target on shares of Ford Motor in a research note on Friday, November 9th. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $10.59.

Shares of Ford Motor stock opened at $8.82 on Friday. Ford Motor has a one year low of $7.41 and a one year high of $13.48. The stock has a market capitalization of $34.65 billion, a P/E ratio of 4.96, a PEG ratio of 1.27 and a beta of 0.90. The company has a debt-to-equity ratio of 2.80, a current ratio of 1.21 and a quick ratio of 1.08.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, October 24th. The auto manufacturer reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. Ford Motor had a return on equity of 15.48% and a net margin of 3.88%. The business had revenue of $34.66 billion during the quarter, compared to analyst estimates of $32.05 billion. During the same period in the previous year, the company posted $0.43 EPS.

In other Ford Motor news, Director Ray T. Charley bought 4,000 shares of the business’s stock in a transaction dated Monday, October 29th. The shares were purchased at an average price of $12.90 per share, for a total transaction of $51,600.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.95% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in F. Franklin Resources Inc. lifted its stake in Ford Motor by 194.8% in the third quarter. Franklin Resources Inc. now owns 62,573,799 shares of the auto manufacturer’s stock valued at $578,807,000 after purchasing an additional 41,346,111 shares during the last quarter. Morgan Stanley lifted its stake in Ford Motor by 35.0% in the second quarter. Morgan Stanley now owns 37,425,458 shares of the auto manufacturer’s stock valued at $414,298,000 after purchasing an additional 9,710,528 shares during the last quarter. Canada Pension Plan Investment Board lifted its stake in Ford Motor by 238.7% in the third quarter. Canada Pension Plan Investment Board now owns 4,997,027 shares of the auto manufacturer’s stock valued at $46,222,000 after purchasing an additional 3,521,838 shares during the last quarter. Putnam Investments LLC lifted its stake in Ford Motor by 444.1% in the second quarter. Putnam Investments LLC now owns 3,473,537 shares of the auto manufacturer’s stock valued at $38,452,000 after purchasing an additional 2,835,131 shares during the last quarter. Finally, Federated Investors Inc. PA lifted its stake in Ford Motor by 230.9% in the third quarter. Federated Investors Inc. PA now owns 3,712,168 shares of the auto manufacturer’s stock valued at $34,337,000 after purchasing an additional 2,590,192 shares during the last quarter. Hedge funds and other institutional investors own 54.05% of the company’s stock.

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

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