Buckingham Research restated their neutral rating on shares of Ford Motor Company (NYSE:F) in a report issued on Monday, MarketBeat.com reports.
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Ford Motor Company (NYSE:F) has received a “BBB-” credit rating from Morningstar. EPS in our model goes in 2015 to $1.75 from $1.50 and in 2016 to $2.00 from $1.90.
7/28/2015 – Ford Motor Company had its “buy” rating reaffirmed by analysts at Citigroup Inc. This number is based on the mean estimate from the 10 research firms that recently issued reports on the company. We continue to see large +28% upside to our December 2015 price target. Eventually, Deutsche Bank re-stated a hold rating and issued a $38.00 target price on shares of Gm in an investigation report on Friday, July 24th. Goldman Sachs reduced General Motors Company in a report on Monday to a hold rating.
7/22/2015 – Ford Motor Company was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating.
Several other research analysts have also commented on F. JPMorgan Chase & Co. reiterated an outperform rating on shares of Ford Motor Company in a research report on Tuesday, July 21st.
7/17/2015 – Ford Motor Company had its price target lowered by analysts at Susquehanna from $16.00 to $15.00. They also gave their stock a four star rating. The investment research firm’s “BBB-” rating suggests that the company is a moderate default risk.
6/29/2015 – Ford Motor Company was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating.
U.S. stocks moved lower Thursday, erasing gains from the previous session after data showed the economy picked up its pace in the second quarter, leaving the Federal Reserve on track to raise interest rates as soon as September.
Ford Motor Company (NYSE:F) traded down 1.05% during midday trading on Monday, reaching $15.05. The stock has a market cap of $60.03 billion and a PE ratio of 19.28. The company’s 50-day moving average price is $14.88 and its 200 day moving average price is $15.52.
Ford Motor Company (NYSE:F) last posted its earnings results on Tuesday, July 28th. The business had revenue of $35.10 billion for the quarter, compared to analyst estimates of $35.40 billion. Just four years ago, during the last contract talks, Chrysler Group LLC, then a standalone company, was posting losses of $370 million in the second quarter as it was still repaying government loans offered during the 2009 bankruptcy reorganization.
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Company revenue totaled $37.7 billion, and the Automotive operating margin stood at 7.2%, up 0.6 points. On average, equities research analysts expect that Ford Motor Company will post $1.59 earnings per share for the current year. Shareholders of record on Friday, July 31st will be issued a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, July 29th.
