Wall Street analysts expect that Ford Motor (NYSE:F) will announce earnings per share (EPS) of $0.18 for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Ford Motor’s earnings. The lowest EPS estimate is $0.14 and the highest is $0.22. Ford Motor reported earnings per share of $0.44 during the same quarter last year, which suggests a negative year-over-year growth rate of 59.1%. The business is expected to report its next quarterly earnings results after the market closes on Tuesday, April 28th.
According to Zacks, analysts expect that Ford Motor will report full-year earnings of $0.91 per share for the current year, with EPS estimates ranging from $0.58 to $1.09. For the next fiscal year, analysts forecast that the company will report earnings of $1.14 per share, with EPS estimates ranging from $0.75 to $1.55. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover Ford Motor.
Ford Motor (NYSE:F) last released its quarterly earnings data on Tuesday, February 4th. The auto manufacturer reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.05). The business had revenue of $39.70 billion during the quarter, compared to analysts’ expectations of $36.55 billion. Ford Motor had a net margin of 0.03% and a return on equity of 13.84%. The firm’s quarterly revenue was down 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.30 earnings per share.
A number of analysts recently issued reports on F shares. Morgan Stanley dropped their price objective on Ford Motor from $11.00 to $10.00 and set an “overweight” rating on the stock in a report on Wednesday. TheStreet lowered Ford Motor from a “b-” rating to a “c” rating in a report on Tuesday, February 4th. Cfra upgraded Ford Motor from a “hold” rating to a “buy” rating and upped their price target for the company from $9.00 to $10.00 in a research report on Tuesday, February 4th. Bank of America decreased their price target on Ford Motor from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Tuesday, March 3rd. Finally, Evercore ISI downgraded shares of Ford Motor from an “in-line” rating to an “underperform” rating in a report on Thursday, January 2nd. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $9.98.
In other Ford Motor news, CEO James P. Hackett sold 20,000 shares of the firm’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $9.29, for a total value of $185,800.00. Following the sale, the chief executive officer now owns 145,184 shares of the company’s stock, valued at approximately $1,348,759.36. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director John C. Lechleiter acquired 10,000 shares of the firm’s stock in a transaction on Wednesday, February 12th. The stock was purchased at an average price of $8.24 per share, for a total transaction of $82,400.00. Corporate insiders own 0.83% of the company’s stock.
Institutional investors have recently bought and sold shares of the company. ARP Americas LP raised its stake in Ford Motor by 20.8% in the fourth quarter. ARP Americas LP now owns 360,900 shares of the auto manufacturer’s stock worth $3,356,000 after buying an additional 62,200 shares in the last quarter. Cetera Advisor Networks LLC boosted its position in Ford Motor by 2.8% during the 4th quarter. Cetera Advisor Networks LLC now owns 164,863 shares of the auto manufacturer’s stock valued at $1,541,000 after acquiring an additional 4,510 shares in the last quarter. Voya Investment Management LLC grew its holdings in shares of Ford Motor by 8.3% during the 3rd quarter. Voya Investment Management LLC now owns 2,459,509 shares of the auto manufacturer’s stock worth $22,529,000 after acquiring an additional 189,501 shares during the period. Cornerstone Investment Partners LLC grew its holdings in shares of Ford Motor by 18.9% during the 4th quarter. Cornerstone Investment Partners LLC now owns 238,815 shares of the auto manufacturer’s stock worth $2,221,000 after acquiring an additional 38,000 shares during the period. Finally, Absher Wealth Management LLC purchased a new position in shares of Ford Motor during the 4th quarter worth approximately $118,000. Institutional investors own 53.98% of the company’s stock.
Shares of NYSE F traded up $0.28 during mid-day trading on Tuesday, hitting $5.63. The company had a trading volume of 125,290,368 shares, compared to its average volume of 84,257,664. The company has a market capitalization of $21.21 billion, a price-to-earnings ratio of 281.64, a P/E/G ratio of 1.17 and a beta of 1.18. Ford Motor has a 1 year low of $5.12 and a 1 year high of $10.56. The company has a current ratio of 1.16, a quick ratio of 1.05 and a debt-to-equity ratio of 3.05. The stock’s 50-day moving average price is $7.81 and its 200-day moving average price is $8.77.
The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Thursday, January 30th were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, January 29th. This represents a $0.60 dividend on an annualized basis and a yield of 10.66%. Ford Motor’s dividend payout ratio is presently 50.42%.
About Ford Motor
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.
Further Reading: Asset Allocation, Balancing Your Investments
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.