In a report made available to the public on Thursday, analysts working for the equity research division of StockNews.com began following Ford Motor Company (NYSE: F).
The investment firm has assigned the stock of the automobile manufacturer a “hold” rating.
The most recent quarterly earnings report for Ford Motor Company, traded on the New York Stock Exchange under the ticker symbol “F,” was made public on February 2, a Thursday.
The automobile manufacturer’s earnings per share for the quarter came in at $0.51, which was $0.09 less than what the market expected (which was $0.60) for the quarter’s earnings per share.
The revenue for the quarter came in significantly higher than the $40.73 billion analysts had anticipated, coming in at $41.80 billion instead. Ford Motor Company had a return on equity of 17.45 percent, and the company’s net margin was negative 1.25 percent of the time. Compared to the previous fiscal year, the company’s revenue achieved an 18.4% increase.
The company reported a profit of $0.26 per share for the quarter, comparable to what it achieved during the same period the year before.
Both $1.51 and $1.52 are the earnings per share that market analysts believe Ford Motor Company will achieve this year with their forecasts for the company.
When the market opened, $11.71 was the opening price for Thursday trading on the NYSE F.
The price of a Ford can change by as much as $17.80 during a year, although it typically ranges from $10.61 to $17.61.
There is a ratio of 1.06 to 1 for the quick ratio, 1.20 to 1 for the current ratio, and 2.06 to 1 for debt to equity.
The stock’s current price is $46.68 billion, and it has a price-to-earnings ratio of -22.96, a price-to-earnings-to-growth ratio of 1.54, and a beta of 1.53.
The price-to-earnings-to-growth ratio indicates that the stock is expected to grow at 1.54 times its current earnings.
The company’s current price is trading at $12.75 higher than its 50-day simple moving average and $13.11 higher than its 200-day simple moving average.
Several equity analysts recently collaborated on a research paper recently published on the company they have been working on.
Despite lowering their target price for the company from $21.00 to $19.00 and giving it a “downgrade,” Benchmark recommended purchasing Ford Motor in a study released on Friday, February 3.
The study was titled “Buy.” The investment firm Tudor, Pickering, Holt & Co changed their recommendation for Ford Motor from a “buy” rating to a “hold” rating in a research report published on Wednesday, February 15.
In a research study made public on February 15 by Tudor Pickering, it was stated that rather than recommending that investors “buy” shares of Ford Motor, they had assigned a rating of “hold” to the company.
This rating contrasts the previous recommendation that investors “buy” shares of Ford Motor. Citigroup raised its price target for Ford Motor from $13.00 to $14.00 and upgraded its rating from “neutral” to “overweight” in a public research report on November 30.
In a research note published on Friday, February 3, Deutsche Bank Aktiengesellschaft lowered its price target for Ford Motor from $13.00 to $11.00 and downgraded the company from a “hold” rating to a “sell” rating.
Both of these actions were taken about the company’s stock.
There are a total of eight equity research analysts who recommend keeping the current position, seven equity research analysts who recommend buying the stock, and three equity research analysts who recommend selling the stock.
According to the data from Bloomberg.com, the general opinion regarding Ford Motor is to “hold” the stock, and the price objective has been established at $15.34.
In other news about this topic, the Chief Executive Officer of Ford Motor Company, James D. Farley, Jr., sold 79,921 Ford Motor Company stock on March 3.
It was reported that a total of 1,027,784.06 dollars’ worth of the stock was sold, with the price of each share coming in at an average of $12.86. Following the conclusion of the transaction, the Chief Executive Officer will have 1,638,667 shares of the company’s stock, the value of which is $21,073,257.62. On the Securities and Exchange Commission’s (SEC) website, you can access the information submitted to the SEC regarding the transaction, which is currently available. On March 3, 2019, the company’s CEO, James D. Farley, Jr., sold 79,921 shares on the open market.
This is another recent development in the world of business.
It was reported that a total of 1,027,784.06 dollars’ worth of the stock was sold, with the price of each share coming in at an average of $12.86.
After the transaction is finalized, the CEO will possess a total of 1,638,667 shares of the company, which will result in a value of $21,073,257.62 for those shares.
If you follow this link, you will be taken to a file that was submitted to the SEC, and