Ford Motor Receives “Buy” Rating from TheStreet (F)
Ford Motor (NYSE:F)‘s stock had its “buy” rating reiterated by equities research analysts at TheStreet in a research note issued to investors on Monday, Analyst Ratings News reports.
The analysts wrote, “Ford Motor (F) has been reiterated by TheStreet Ratings as a buy with a ratings score of B. The company’s strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.”
Shares of Ford Motor (NYSE:F) traded down 1.12% during mid-day trading on Monday, hitting $16.8982. 9,997,442 shares of the company’s stock traded hands. Ford Motor has a 52-week low of $9.95 and a 52-week high of $17.77. The stock has a 50-day moving average of $16.92 and a 200-day moving average of $15.52. The company has a market cap of $66.573 billion and a P/E ratio of 11.26.
Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.45 EPS for the quarter, beating the Thomson Reuters 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 $1.54 earnings per share for the current fiscal year.
A number of other analysts have also recently weighed in on F. Analysts at Jefferies Group reiterated a “buy” rating on shares of Ford Motor in a research note to investors on Wednesday, September 18th. They now have a $20.00 price target on the stock. Separately, analysts at Citigroup Inc. raised their price target on shares of Ford Motor to $20.00 in a research note to investors on Wednesday, September 18th. They now have a “buy” rating on the stock. Finally, analysts at Morgan Stanley reiterated an “overweight” rating on shares of Ford Motor in a research note to investors on Thursday, September 12th. They now have a $20.00 price target on the stock, up previously from $18.00. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $19.47.
Ford Motor Company (NYSE:F) operates in the global automotive industry.
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