Brokerages Expect Ford Motor (F) Will Announce Quarterly Sales of $37.15 Billion

Equities research analysts predict that Ford Motor (NYSE:F) will report sales of $37.15 billion for the current fiscal quarter, Zacks Investment Research reports. Three analysts have issued estimates for Ford Motor’s earnings. The highest sales estimate is $37.80 billion and the lowest is $36.76 billion. Ford Motor reported sales of $36.00 billion during the same quarter last year, which would suggest a positive year over year growth rate of 3.2%. The firm is scheduled to announce its next earnings report on Thursday, January 25th.

According to Zacks, analysts expect that Ford Motor will report full-year sales of $37.15 billion for the current year, with estimates ranging from $142.72 billion to $145.03 billion. For the next year, analysts anticipate that the business will report sales of $143.24 billion per share, with estimates ranging from $138.51 billion to $148.13 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow Ford Motor.

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

A number of analysts recently commented on the company. Vetr lowered Ford Motor from a “buy” rating to a “hold” rating and set a $12.34 price objective for the company. in a research report on Wednesday, September 27th. Zacks Investment Research lowered Ford Motor from a “buy” rating to a “hold” rating in a research report on Tuesday. FIG Partners restated a “hold” rating on shares of Ford Motor in a research report on Monday, October 9th. TheStreet upgraded Ford Motor from a “c+” rating to a “b-” rating in a research report on Thursday, October 5th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $13.00 target price on shares of Ford Motor in a research report on Monday, October 16th. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $12.56.

Shares of Ford Motor (F) opened at $13.20 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.19 and a debt-to-equity ratio of 2.94. The company has a market capitalization of $52,430.00, a PE ratio of 12.00, a P/E/G ratio of 0.79 and a beta of 1.26. Ford Motor has a 12-month low of $10.47 and a 12-month high of $13.22.

In other news, insider Hau N. Thai-Tang sold 19,000 shares of Ford Motor stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $12.50, for a total transaction of $237,500.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Steven R. Armstrong sold 10,752 shares of Ford Motor stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total value of $132,464.64. Following the transaction, the insider now owns 101,159 shares in the company, valued at approximately $1,246,278.88. The disclosure for this sale can be found here. 1.08% of the stock is currently owned by insiders.

Several large investors have recently added to or reduced their stakes in the company. Parametric Portfolio Associates LLC lifted its holdings in shares of Ford Motor by 12.7% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 6,691,464 shares of the auto manufacturer’s stock valued at $80,097,000 after purchasing an additional 752,818 shares in the last quarter. AXA lifted its holdings in shares of Ford Motor by 51.7% during the 3rd quarter. AXA now owns 981,984 shares of the auto manufacturer’s stock valued at $11,754,000 after purchasing an additional 334,721 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new position in shares of Ford Motor during the 3rd quarter valued at about $1,126,000. Public Employees Retirement System of Ohio lifted its holdings in shares of Ford Motor by 0.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,677,181 shares of the auto manufacturer’s stock valued at $32,046,000 after purchasing an additional 9,942 shares in the last quarter. Finally, Coastline Trust Co lifted its stake in Ford Motor by 17.4% in the 3rd quarter. Coastline Trust Co now owns 43,050 shares of the auto manufacturer’s stock valued at $515,000 after acquiring an additional 6,370 shares in the last quarter. Institutional investors and hedge funds own 53.61% of the company’s stock.

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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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