Ford Motor (F) Updates FY18 Earnings Guidance

Ford Motor (NYSE:F) updated its FY18 earnings guidance on Tuesday. The company provided earnings per share guidance of $1.45-1.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.59. Ford Motor also updated its FY17 guidance to $1.78 EPS.

Ford Motor (NYSE:F) opened at $12.18 on Thursday. 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 firm has a market capitalization of $52,037.16, a price-to-earnings ratio of 11.07, a PEG ratio of 0.80 and a beta of 1.25. Ford Motor has a 12 month low of $10.47 and a 12 month high of $13.48.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share for the quarter, topping the 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 return on equity of 21.62% and a net margin of 2.91%. The firm’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.26 EPS. research analysts forecast that Ford Motor will post 1.81 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, January 29th. This represents a $0.60 annualized dividend and a dividend yield of 4.93%. Ford Motor’s payout ratio is 54.55%.

F has been the subject of several research reports. Vetr upgraded Ford Motor from a hold rating to a buy rating and set a $13.24 price target for the company in a research note on Friday, October 13th. Standpoint Research upgraded Ford Motor from a hold rating to a buy rating in a research note on Wednesday, October 4th. Zacks Investment Research upgraded Ford Motor from a hold rating to a buy rating and set a $14.00 price target for the company in a research note on Tuesday, December 26th. ValuEngine upgraded Ford Motor from a hold rating to a buy rating in a research note on Monday, October 2nd. Finally, Barclays cut Ford Motor from an overweight rating to an equal weight rating and increased their price objective for the stock from $12.12 to $14.00 in a report on Friday, October 13th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of Hold and an average target price of $12.66.

In other Ford Motor news, insider Steven R. Armstrong sold 10,752 shares of the firm’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $12.32, for a total value of $132,464.64. Following the sale, the insider now owns 101,159 shares of the company’s stock, valued at approximately $1,246,278.88. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Hau N. Thai-Tang sold 18,000 shares of the firm’s stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $13.00, for a total value of $234,000.00. Following the completion of the sale, the insider now directly owns 14,358 shares in the company, valued at approximately $186,654. The disclosure for this sale can be found here. Insiders have sold a total of 47,752 shares of company stock worth $603,965 in the last three months. 1.08% of the stock is currently owned by insiders.

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About Ford Motor

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.

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

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