Ford Motor’s “Buy” Rating Reaffirmed at TheStreet (F)
Ford Motor (NYSE:F)‘s stock had its “buy” rating reaffirmed by investment analysts at TheStreet in a note issued to investors on Monday, AmericanBankingNews.com 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 increase in stock price during the past year, revenue growth, attractive valuation levels, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.”
F has been the subject of a number of other recent research reports. Analysts at Jefferson Research downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Friday. Separately, analysts at Erste Group downgraded shares of Ford Motor to a “hold” rating in a research note on Friday, February 7th. Finally, analysts at Argus downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Eleven analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. Ford Motor currently has an average rating of “Buy” and an average price target of $19.23.
Ford Motor (NYSE:F) opened at 15.20 on Monday. 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 $15.54 and a 200-day moving average of $16.49. The company has a market cap of $59.955 billion and a P/E ratio of 8.60. Ford Motor also saw some unusual options trading activity on Friday. Traders acquired 41,255 put options on the company. This is an increase of 164% compared to the typical volume of 15,652 put options.
Ford Motor (NYSE:F) last issued its quarterly earnings data on Tuesday, January 28th. The company reported $0.31 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.31 earnings per share. Ford Motor’s revenue was up 3.2% compared to the same quarter last year. Analysts expect that Ford Motor will post $1.36 EPS for the current fiscal year.
Ford Motor Company (NYSE:F) operates in the global automotive industry.
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