Ford Motor Sees Unusually Large Options Volume (F)
Shares of Ford Motor (NYSE:F) saw some unusual options trading activity on Thursday. Investors bought 56,271 call options on the company, AnalystRatingsNetwork reports. This represents an increase of 123% compared to the typical daily volume of 25,282 call options.
F has been the subject of a number of recent research reports. Analysts at Barclays raised their price target on shares of Ford Motor from $19.00 to $20.00 in a research note to investors on Wednesday. They now have an “equal weight” rating on the stock. Separately, analysts at TheStreet reiterated a “buy” rating on shares of Ford Motor in a research note to investors on Tuesday. Finally, analysts at Argus reiterated a “buy” rating on shares of Ford Motor in a research note to investors on Tuesday. They now have a $23.00 price target on the stock. Two analysts have rated the stock with a sell rating, six have given a hold rating and eleven have issued a buy rating to the stock. Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $19.53.
Ford Motor (NYSE:F) traded up 0.98% on Thursday, hitting $17.46. 26,842,700 shares of the company’s stock traded hands. Ford Motor has a 1-year low of $9.97 and a 1-year high of $17.77. The stock has a 50-day moving average of $17.07 and a 200-day moving average of $15.73. The company has a market cap of $68.787 billion and a P/E ratio of 11.39.
Ford Motor (NYSE:F) last issued its quarterly earnings data 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. Analysts expect that Ford Motor will post $1.54 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, December 2nd. Shareholders of record on Friday, November 1st will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.29%. The ex-dividend date is Wednesday, October 30th.
Ford Motor Company (NYSE:F) operates in the global automotive industry.
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