Ford Motor Given Buy Rating at TheStreet (F)
Ford Motor (NYSE:F)‘s stock had its “buy” rating restated by investment analysts at TheStreet in a note issued to investors on Tuesday, American Banking & Market 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, increase in stock price during the past year, impressive record of earnings per share growth and compelling growth in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.”
A number of other analysts have also recently weighed in on F. Analysts at Erste Group downgraded shares of Ford Motor to a “hold” rating in a research note on Friday. Separately, analysts at Argus downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Finally, analysts at Thomson Reuters/Verus upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a research note on Monday, February 3rd. Ten research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $19.23.
Shares of Ford Motor (NYSE:F) opened at 14.90 on Tuesday. Ford Motor has a 52-week low of $12.10 and a 52-week high of $18.02. The stock has a 50-day moving average of $15.58 and a 200-day moving average of $16.60. The company has a market cap of $58.772 billion and a P/E ratio of 8.42.
Ford Motor (NYSE:F) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.02. The company had revenue of $36.30 billion for the quarter, compared to the consensus estimate of $35.40 billion. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was up 3.2% on a year-over-year basis. Analysts expect that Ford Motor will post $1.36 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Monday, March 3rd. Investors of record on Friday, January 31st will be given a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 3.37%. The ex-dividend date of this dividend is Wednesday, January 29th. This is an increase from Ford Motor’s previous quarterly dividend of $0.10.
Ford Motor Company (NYSE:F) operates in the global automotive industry.
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