Ford Motor (F) Scheduled to Post Quarterly Earnings on Monday

Ford Motor (NYSE:F) is set to release its earnings data after the market closes on Monday, October 28th. Analysts expect Ford Motor to post earnings of $0.50 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.21). The business had revenue of $47.81 billion during the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same period last year, the firm earned $0.72 EPS. On average, analysts expect Ford Motor to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Ford Motor Trading Down 1.5 %

Shares of Ford Motor stock opened at $11.07 on Friday. The firm has a market capitalization of $44.20 billion, a PE ratio of 11.44, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The company’s fifty day moving average price is $10.82 and its two-hundred day moving average price is $11.72. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on F shares. Royal Bank of Canada lowered their target price on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a report on Monday, August 12th. Wolfe Research started coverage on shares of Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Evercore ISI raised shares of Ford Motor to a “hold” rating in a report on Friday, July 26th. Wells Fargo & Company lowered their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Finally, The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their target price for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Ford Motor presently has a consensus rating of “Hold” and an average target price of $12.56.

Ford Motor Company Profile

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.