Ford Motor (NYSE:F) last issued its quarterly earnings results on Thursday, October 26th. Standard Motor Products had a return on equity of 13.68% and a net margin of 4.97%.
Analysts believe that the company has the potential to earn average revenue of $36.92 Billion for the current quarter. In contrast to the year ago quarter EPS was at 0.27.
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TRADEMARK VIOLATION WARNING: This piece was originally posted by TrueBlueTribune and is owned by of TrueBlueTribune. (BRCD) reported sales (ttm) of 2.34 Billion, whereas, 2 number of analysts estimated the mean sale of 628.07 million. Zacks Investment Research upgraded Standard Motor Products from a "sell" rating to a "hold" rating in a research report on Tuesday, October 3rd. Citigroup Inc. reaffirmed an "overweight" rating on shares of Ford Motor in a research note on Friday, October 21st. (The) reiterated a "Hold" rating on the company. On October 16 Royal Bank Of Canada kept the company rating at "Sector Perform" targeting a price of $13.00. Vetr upgraded shares of Ford Motor from a "buy" rating to a "strong-buy" rating and set a $12.65 price target for the company in a research report on Tuesday, July 25th.
Equity analyst Jefferies Group LLC raised the price target on October 30 changing the forecast from $12.00 to $13.00 and stated a "Hold" rating.
The company is down since yesterday's close of 12.16. The company had a trading volume of 30,415,800 shares, compared to its average volume of 37,906,246.
Price to Sale ratio of the company stands at 2.23 while Price to Book Ratio stands at 2.07. The company has a market capitalization of $933.45, a PE ratio of 15.22, a price-to-earnings-growth ratio of 2.57 and a beta of 1.80. They expect this year's earnings to rise 2.84% year-over-year to $1.81, followed by -14.92% decline in the next year to $1.54.
Want to see what other hedge funds are holding F? Shell Asset Management Co. increased its stake in Ford Motor by 26.6% in the second quarter. Financial Architects Inc increased its stake in Ford Motor by 232.5% in the second quarter.
Lsv Asset Management augmented its ownership by buying 248,763 shares an increase of 1.1%. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer's stock valued at $109,000 after acquiring an additional 676 shares during the period.
Dimensional Fund Advisors Lp raised its ownership in General Motors Company by 331,621 shares in the quarter ending 09/30/2017. Hyman Charles D now owns 904,184 shares of the auto manufacturer's stock valued at $10,525,000 after buying an additional 40,611 shares during the period. Hyman Charles D raised its position in Ford Motor by 4.7% during the first quarter.
The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 18.32%, and has a solid year to date (YTD) performance of 25.06% which means that the stock is constantly adding to its value from the previous fiscal year end price. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Lawrence I. Sills sold 25,417 shares of the business's stock in a transaction on Friday, September 1st. The stock was sold at an average price of $44.18, for a total transaction of $34,239.50. The disclosure for this sale can be found here. Insiders have sold a total of 137,076 shares of company stock valued at $1,599,180 in the last 90 days. Stockholders of record on Wednesday, November 15th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 1.84%. The ex-dividend date is Friday, October 20th. Ford Motor's dividend payout ratio is now 33.15%.
Ford Motor Company is a global automotive and mobility company. The Company's principal business includes designing, manufacturing, marketing, financing, and servicing a line of Ford cars, trucks, sports utility vehicles (SUVs), and electrified vehicles, as well as Lincoln luxury vehicles.
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