Currently Ford Motor Company (F) captured an average recommendation of ” Hold ” from analysts, according to FactSet data.
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General Motors Company designs, builds and sells cars, trucks, crossovers and automobile parts. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock’s 50-day moving average is noted at $12.49 and its 200-day moving average is stands at $13.05. Current year EPS projections for General Motors Company (NYSE:GM) are set at $5.84 according to the sentiments of 18 analysts, while its lowest earnings estimates are $5.55 and highest earnings estimates are $6.05.
Tesla Motors Inc (NASDAQ:TSLA) stock is now trading at about $205.40 and lots of rating firms seem to have a target price set on the stock.
General Motors Company has 1,561,921,000 shares in issue which have a share price of 30.97 giving General Motors Company a market capitalisation of 48.37B United States dollars.
Historically, if we look at price target revisions, three weeks ago General Motors Company (NYSE:GM)’s price target was revised on 08/14/16 by the analysts, however the bullish price estimates of the stock set at $50.00 while the bearish estimates kept at $29.00 over the next one year. Stock’s intraday price range hit the peak level of $31.13 and touched the lowest level of $30.60.
Presently, Analysts decided consensus EPS estimate of $0.22 for present quarter and one month ago projected EPS estimate was at $0.25. There are 0 equity research firms suggesting a Hold and 0 consider it Sell. 12 advised the “Hold” rating about this stock. 8 said a “Buy Rating” and 1 announced “Overweight Rating”. The firm had revenue of $39.50 million for the quarter, compared to analysts’ expectations of $36.29 billion.
In related news, Director John C. Lechleiter acquired 5,000 shares of the firm’s stock in a transaction on Monday, August 8th.
Insiders own 22% percent of the stock. For the current quarter the company has high EPS estimates of $1.62 in contradiction of low EPS estimates of $1.31. The shares were purchased at an average cost of $12.26 per share, for a total transaction of $61,300.00.
Several institutional investors have recently modified their holdings of the company. 1832 Asset Management L.P. now owns 7,900 shares of the auto manufacturer’s stock worth $100,000 after buying an additional 1,400 shares during the last quarter.
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The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 1st. Following the acquisition, the director now owns 25,000 shares of the company’s stock, valued at approximately $306,500. For example, the issue bolted to $32.87 on July 21, on the heels of blowout Q2 report that included an EPS beat of $0.37 along with almost a $4 billion revenue. This represents a $2.24 annualized dividend and a dividend yield of 4.31%. Natixis raised its stake in Ford Motor by 1,101.7% in the first quarter. The ex-dividend date was Tuesday, July 26th. Ford Motor’s dividend payout ratio is now 29.27%. Finally, Nuveen Asset Management LLC raised its stake in Ford Motor by 38.8% in the first quarter. Hedge funds and other institutional investors own 56.06% of the company’s stock.
