Jefferies Financial Group Weighs in on Ford Motor’s Q1 2021 Earnings (NYSE:F)

Ford Motor (NYSE:F) – Analysts at Jefferies Financial Group issued their Q1 2021 EPS estimates for Ford Motor in a research note issued on Wednesday, April 14th. Jefferies Financial Group analyst P. Houchois anticipates that the auto manufacturer will post earnings per share of $0.14 for the quarter. Jefferies Financial Group has a “Buy” rating and a $16.00 price objective on the stock.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 3rd. The auto manufacturer reported $0.34 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.07) by $0.41. Ford Motor had a positive return on equity of 2.48% and a negative net margin of 0.12%. The company had revenue of $33.20 billion for the quarter, compared to the consensus estimate of $32.89 billion.

F has been the subject of a number of other reports. Evercore ISI lifted their price objective on Ford Motor from $11.00 to $13.00 and gave the company an “in-line” rating in a research note on Wednesday. They noted that the move was a valuation call. Barclays raised Ford Motor from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $9.00 to $16.00 in a research note on Thursday, March 25th. Morgan Stanley cut Ford Motor from an “equal weight” rating to an “underweight” rating and set a $9.00 price objective for the company. in a research note on Friday, January 29th. Argus raised Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research note on Tuesday, February 9th. Finally, Wells Fargo & Company began coverage on Ford Motor in a research note on Monday, April 5th. They set an “overweight” rating and a $15.00 target price for the company. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $11.07.

NYSE:F opened at $12.24 on Friday. Ford Motor has a 52 week low of $4.52 and a 52 week high of $13.62. The company has a quick ratio of 1.09, a current ratio of 1.20 and a debt-to-equity ratio of 3.20. The stock’s fifty day moving average is $12.44 and its two-hundred day moving average is $9.97. The company has a market capitalization of $48.70 billion, a P/E ratio of -306.00, a P/E/G ratio of 1.38 and a beta of 1.27.

In other news, insider Hau N. Thai-Tang sold 90,000 shares of the business’s stock in a transaction dated Wednesday, March 10th. The stock was sold at an average price of $12.87, for a total value of $1,158,300.00. Following the completion of the sale, the insider now directly owns 727,651 shares of the company’s stock, valued at approximately $9,364,868.37. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.91% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the business. GPS Wealth Strategies Group LLC purchased a new position in shares of Ford Motor during the 1st quarter worth approximately $46,000. CMG Global Holdings LLC purchased a new position in shares of Ford Motor during the 1st quarter worth approximately $577,000. Xcel Wealth Management LLC raised its stake in shares of Ford Motor by 17.0% during the 1st quarter. Xcel Wealth Management LLC now owns 138,478 shares of the auto manufacturer’s stock worth $1,696,000 after buying an additional 20,164 shares in the last quarter. Rothschild Investment Corp IL raised its stake in shares of Ford Motor by 22.3% during the 1st quarter. Rothschild Investment Corp IL now owns 31,209 shares of the auto manufacturer’s stock worth $382,000 after buying an additional 5,700 shares in the last quarter. Finally, DnB Asset Management AS raised its stake in shares of Ford Motor by 39.5% during the 1st quarter. DnB Asset Management AS now owns 674,111 shares of the auto manufacturer’s stock worth $8,258,000 after buying an additional 190,925 shares in the last quarter. 48.81% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

Further Reading: Do You Need a Fiduciary?

Earnings History and Estimates for Ford Motor (NYSE:F)

Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.

Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit