Analysts Anticipate Ford Motor Company (F) Will Announce Quarterly Sales of $37.18 Billion

Wall Street analysts expect Ford Motor Company (NYSE:F) to post $37.18 billion in sales for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Ford Motor’s earnings, with the highest sales estimate coming in at $37.80 billion and the lowest estimate coming in at $36.76 billion. Ford Motor posted sales of $36.00 billion during the same quarter last year, which would indicate a positive year-over-year growth rate of 3.3%. The company is scheduled to report its next earnings report on Thursday, January 25th.

On average, analysts expect that Ford Motor will report full year sales of $37.18 billion for the current year, with estimates ranging from $142.72 billion to $153.81 billion. For the next year, analysts forecast that the firm will post sales of $144.48 billion per share, with estimates ranging from $138.51 billion to $148.13 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that follow Ford Motor.

Ford Motor (NYSE:F) last released its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.10. The company had revenue of $33.65 billion during the quarter, compared to the consensus estimate of $32.80 billion. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. Ford Motor’s revenue for the quarter was up .9% on a year-over-year basis. During the same period last year, the firm earned $0.26 EPS.

F has been the subject of several analyst reports. TheStreet raised shares of Ford Motor from a “c+” rating to a “b-” rating in a report on Thursday, October 5th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Ford Motor in a report on Tuesday, August 15th. Vetr downgraded shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.54 price objective for the company. in a report on Monday, September 4th. ValuEngine raised shares of Ford Motor from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Finally, Standpoint Research raised shares of Ford Motor from a “hold” rating to a “buy” rating in a report on Wednesday, October 4th. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seven have issued a buy rating to the stock. Ford Motor has an average rating of “Hold” and a consensus target price of $12.61.

In related news, insider Steven R. Armstrong sold 22,076 shares of Ford Motor stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $12.37, for a total value of $273,080.12. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Joseph R. Hinrichs sold 40,000 shares of Ford Motor stock in a transaction on Tuesday, September 5th. The stock was sold at an average price of $11.34, for a total transaction of $453,600.00. Following the completion of the transaction, the insider now owns 532,435 shares in the company, valued at approximately $6,037,812.90. The disclosure for this sale can be found here. Insiders have sold a total of 156,076 shares of company stock valued at $1,836,680 over the last ninety days. 1.08% of the stock is currently owned by insiders.

Large investors have recently modified their holdings of the stock. Schwab Charles Investment Management Inc. raised its position in Ford Motor by 8.9% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 14,616,542 shares of the auto manufacturer’s stock worth $163,560,000 after purchasing an additional 1,193,656 shares during the period. Candriam Luxembourg S.C.A. increased its position in shares of Ford Motor by 10.0% in the second quarter. Candriam Luxembourg S.C.A. now owns 348,886 shares of the auto manufacturer’s stock valued at $3,904,000 after acquiring an additional 31,715 shares during the period. BlueMountain Capital Management LLC increased its position in shares of Ford Motor by 92.9% in the second quarter. BlueMountain Capital Management LLC now owns 198,047 shares of the auto manufacturer’s stock valued at $2,216,000 after acquiring an additional 95,361 shares during the period. Pzena Investment Management LLC increased its position in shares of Ford Motor by 6.7% in the third quarter. Pzena Investment Management LLC now owns 25,409,816 shares of the auto manufacturer’s stock valued at $304,155,000 after acquiring an additional 1,597,098 shares during the period. Finally, Advisors Capital Management LLC increased its position in shares of Ford Motor by 21.2% in the third quarter. Advisors Capital Management LLC now owns 483,120 shares of the auto manufacturer’s stock valued at $5,783,000 after acquiring an additional 84,375 shares during the period. Institutional investors own 53.78% of the company’s stock.

Ford Motor (NYSE F) traded up $0.06 on Friday, reaching $12.58. 52,460,000 shares of the company traded hands, compared to its average volume of 30,858,310. The company has a market cap of $49,971.56, a P/E ratio of 7.49, a PEG ratio of 0.65 and a beta of 1.24. Ford Motor has a 52 week low of $10.47 and a 52 week high of $13.27. The company has a debt-to-equity ratio of 2.94, a quick ratio of 1.08 and a current ratio of 1.19.

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Monday, October 23rd were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.77%. The ex-dividend date of this dividend was Friday, October 20th. Ford Motor’s dividend payout ratio is currently 54.55%.

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Ford Motor Company Profile

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

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Earnings History and Estimates for Ford Motor (NYSE:F)

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