Ford Motor (F) Updates FY18 Earnings Guidance

Ford Motor (NYSE:F) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided earnings per share guidance of $1.45-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.59. Ford Motor also updated its FY17 guidance to $1.78 EPS.

Ford Motor (NYSE F) traded down $0.13 during trading on Tuesday, hitting $13.10. The company had a trading volume of 51,999,000 shares, compared to its average volume of 32,810,000. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.19 and a quick ratio of 1.08. The company has a market cap of $52,040.00, a P/E ratio of 11.91, a PEG ratio of 0.81 and a beta of 1.26. Ford Motor has a 1-year low of $10.47 and a 1-year high of $13.48.

Ford Motor (NYSE:F) last posted its earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.10. The business had revenue of $33.65 billion during the quarter, compared to the consensus estimate of $32.80 billion. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. Ford Motor’s revenue was up .9% on a year-over-year basis. During the same quarter last year, the company earned $0.26 EPS. sell-side analysts anticipate that Ford Motor will post 1.81 EPS for the current year.

Several equities analysts have issued reports on F shares. Citigroup lifted their price objective on Ford Motor from $12.00 to $13.00 and gave the company a neutral rating in a research report on Monday, October 30th. Morgan Stanley reiterated a sell rating and issued a $10.00 price objective (up previously from $9.00) on shares of Ford Motor in a research report on Tuesday, October 31st. Cascend Securities downgraded Ford Motor to a buy rating in a research report on Tuesday, December 5th. Barclays downgraded Ford Motor from an overweight rating to an equal weight rating and lifted their price objective for the company from $12.12 to $14.00 in a research report on Friday, October 13th. Finally, Goldman Sachs Group reiterated a hold rating on shares of Ford Motor in a research report on Monday, October 30th. Two investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have issued a buy rating to the stock. Ford Motor presently has an average rating of Hold and a consensus price target of $12.66.

In other news, insider Hau N. Thai-Tang sold 18,000 shares of the business’s stock in a transaction on Thursday, January 4th. The stock was sold at an average price of $13.00, for a total transaction of $234,000.00. Following the completion of the sale, the insider now owns 14,358 shares in the company, valued at $186,654. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Hau N. Thai-Tang sold 19,000 shares of the business’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $12.50, for a total value of $237,500.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 47,752 shares of company stock valued at $603,965. 1.08% of the stock is currently owned by corporate insiders.

TRADEMARK VIOLATION WARNING: “Ford Motor (F) Updates FY18 Earnings Guidance” was first published by Week Herald and is owned by of Week Herald. If you are accessing this piece on another site, it was illegally copied and reposted in violation of United States and international trademark and copyright legislation. The original version of this piece can be viewed at https://weekherald.com/2018/01/16/ford-motor-f-updates-fy18-earnings-guidance.html.

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.

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

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.

Leave a Reply