Ford Motor (NYSE:F) Issues Quarterly Earnings Results

Ford Motor (NYSE:F) released its quarterly earnings results on Wednesday. The auto manufacturer reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04, Zacks reports. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%.

Ford Motor Stock Down 1.8 %

NYSE F traded down $0.18 during mid-day trading on Wednesday, reaching $9.98. 104,046,221 shares of the company’s stock traded hands, compared to its average volume of 69,955,711. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The company has a fifty day simple moving average of $10.16 and a 200-day simple moving average of $10.62. Ford Motor has a 1-year low of $9.49 and a 1-year high of $14.85. The company has a market cap of $39.65 billion, a price-to-earnings ratio of 11.34, a P/E/G ratio of 1.96 and a beta of 1.63.

Analyst Upgrades and Downgrades

F has been the topic of a number of recent analyst reports. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and dropped their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research report on Thursday, November 7th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft reduced their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Finally, Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Three analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $11.82.

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.