Ford Motor Co. Hits New 52-Week High at $17.68 (F)
Shares of Ford Motor (NYSE:F) hit a new 52-week high during trading on Tuesday, American Banking and Market News reports. The stock traded as high as $17.68 and last traded at $17.58, with a volume of 34,694,188 shares trading hands. The stock had previously closed at $17.31.
A number of research firms have recently commented on F. Analysts at Jefferies Group reiterated a “buy” rating on shares of Ford Motor (NYSE:F) in a research note to investors on Monday. They now have a $20.00 price target on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Ford Motor (NYSE:F) from $18.00 to $19.00 in a research note to investors on Thursday, September 5th. They now have a “hold” rating on the stock. Finally, analysts at S&P Equity Research upgraded shares of Ford Motor (NYSE:F) from a “hold” rating to a “buy” rating in a research note to investors on Friday, August 16th.
Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and ten have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $18.83.
Ford Motor has a 52 week low of $9.71 and a 52 week high of $17.68. The stock’s 50-day moving average is $16.77 and its 200-day moving average is $14.93. The company has a market cap of $69.299 billion and a price-to-earnings ratio of 11.40.
Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.08. The company had revenue of $33.30 billion for the quarter, compared to the consensus estimate of $35.15 billion. During the same quarter in the previous year, the company posted $0.30 earnings per share. The company’s revenue for the quarter was up 14.6% on a year-over-year basis. On average, analysts predict that Ford Motor will post $1.53 earnings per share for the current fiscal year.
Ford Motor Company (NYSE:F) operates in the global automotive industry.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.