Equities analysts expect Ford Motor (NYSE:F) to announce $36.96 billion in sales for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Ford Motor’s earnings, with the highest sales estimate coming in at $37.68 billion and the lowest estimate coming in at $36.25 billion. Ford Motor posted sales of $41.30 billion during the same quarter last year, which suggests a negative year over year growth rate of 10.5%. The business is expected to announce its next quarterly earnings report after the market closes on Wednesday, January 23rd.

On average, analysts expect that Ford Motor will report full year sales of $146.89 billion for the current financial year, with estimates ranging from $144.82 billion to $149.21 billion. For the next fiscal year, analysts expect that the business will post sales of $144.93 billion, with estimates ranging from $140.86 billion to $149.33 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Ford Motor.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, October 24th. The auto manufacturer reported $0.29 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.28 by $0.01. Ford Motor had a return on equity of 15.48% and a net margin of 3.88%. The firm had revenue of $34.66 billion for the quarter, compared to analysts’ expectations of $32.05 billion. During the same quarter last year, the firm earned $0.43 earnings per share.

F has been the topic of a number of research analyst reports. Deutsche Bank initiated coverage on Ford Motor in a report on Thursday, December 13th. They issued a “buy” rating on the stock. Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $9.00 to $12.00 in a research note on Monday, October 29th. Jefferies Financial Group restated a “buy” rating and set a $13.00 price objective on shares of Ford Motor in a research note on Friday, October 5th. Zacks Investment Research upgraded Ford Motor from a “hold” rating to a “buy” rating and set a $9.25 price objective on the stock in a research note on Wednesday. Finally, Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $14.00 to $10.00 in a research note on Friday, October 19th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $10.59.

Ford Motor stock traded up $0.15 during midday trading on Friday, reaching $8.82. The stock had a trading volume of 41,557,145 shares, compared to its average volume of 43,191,805. Ford Motor has a twelve month low of $7.41 and a twelve month high of $13.48. The stock has a market capitalization of $34.65 billion, a P/E ratio of 4.96, a PEG ratio of 1.27 and a beta of 0.90. The company has a current ratio of 1.21, a quick ratio of 1.08 and a debt-to-equity ratio of 2.80.

In other news, Director Ray T. Charley acquired 4,000 shares of the stock in a transaction that occurred on Monday, October 29th. The stock was purchased at an average cost of $12.90 per share, with a total value of $51,600.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.95% of the stock is currently owned by insiders.

Institutional investors have recently made changes to their positions in the stock. Newport Trust Co boosted its position in shares of Ford Motor by 1.1% during the third quarter. Newport Trust Co now owns 186,611,338 shares of the auto manufacturer’s stock worth $1,726,155,000 after buying an additional 2,052,203 shares during the period. Franklin Resources Inc. boosted its position in shares of Ford Motor by 194.8% during the third quarter. Franklin Resources Inc. now owns 62,573,799 shares of the auto manufacturer’s stock worth $578,807,000 after buying an additional 41,346,111 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Ford Motor by 0.6% during the third quarter. Dimensional Fund Advisors LP now owns 39,672,426 shares of the auto manufacturer’s stock worth $366,957,000 after buying an additional 224,192 shares during the period. Morgan Stanley boosted its position in shares of Ford Motor by 35.0% during the second quarter. Morgan Stanley now owns 37,425,458 shares of the auto manufacturer’s stock worth $414,298,000 after buying an additional 9,710,528 shares during the period. Finally, Greenhaven Associates Inc. boosted its position in shares of Ford Motor by 1.0% during the third quarter. Greenhaven Associates Inc. now owns 33,038,548 shares of the auto manufacturer’s stock worth $305,607,000 after buying an additional 316,000 shares during the period. 54.05% of the stock is owned by hedge funds and other institutional investors.

About Ford Motor

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.

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

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