Ford Motor (NYSE:F) was upgraded by stock analysts at Credit Agricole from an “underperform” rating to an “outperform” rating in a report issued on Friday, American Banking News.com reports.
Shares of Ford Motor (NYSE:F) opened at 17.76 on Friday. Ford Motor has a one year low of $9.31 and a one year high of $17.68. The stock’s 50-day moving average is $16.82 and its 200-day moving average is $15.06. The company has a market cap of $69.968 billion and a price-to-earnings ratio of 11.70. Ford Motor also was the recipient of unusually large options trading on Wednesday. Stock investors bought 52,159 put options on the stock. This is an increase of 239% compared to the typical volume of 15,377 put options.
Ford Motor (NYSE:F) last announced its earnings results on Thursday, October 24th. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.09. The company had revenue of $36.00 billion for the quarter, compared to the consensus estimate of $34.07 billion. During the same quarter in the previous year, the company posted $0.40 earnings per share. The company’s revenue for the quarter was up 12.3% on a year-over-year basis. Analysts expect that Ford Motor will post $1.56 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, December 2nd. Stockholders of record on Friday, November 1st will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.25%. The ex-dividend date is Wednesday, October 30th.
A number of other analysts have also recently weighed in on F. Analysts at TheStreet reiterated a “buy” rating on shares of Ford Motor in a research note to investors on Wednesday. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Ford Motor from $21.00 to $23.00 in a research note to investors on Monday. They now have an “overweight” rating on the stock. Finally, analysts at Barclays raised their price target on shares of Ford Motor from $19.00 to $20.00 in a research note to investors on Wednesday, October 16th. They now have an “equal weight” rating on the stock. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the company’s stock. Ford Motor presently has a consensus rating of “Buy” and a consensus target price of $19.94.
Ford Motor Company (NYSE:F) operates in the global automotive industry.
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