Wall Street analysts forecast that Ford Motor (NYSE:F) will announce $37.15 billion in sales for the current quarter, Zacks reports. Three analysts have provided estimates for Ford Motor’s earnings, with the lowest sales estimate coming in at $36.76 billion and the highest estimate coming in at $37.80 billion. Ford Motor posted sales of $36.00 billion in the same quarter last year, which suggests a positive year over year growth rate of 3.2%. The company is scheduled to report its next quarterly earnings results on Thursday, January 25th.

On average, analysts expect that Ford Motor will report full-year sales of $37.15 billion for the current financial year, with estimates ranging from $142.72 billion to $145.03 billion. For the next fiscal year, analysts forecast that the firm will post sales of $143.24 billion per share, with estimates ranging from $138.51 billion to $148.13 billion. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that follow Ford Motor.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.10. The business had revenue of $33.65 billion during the quarter, compared to the consensus estimate of $32.80 billion. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. The firm’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.26 earnings per share.

F has been the subject of several analyst reports. TheStreet raised shares of Ford Motor from a “c+” rating to a “b-” rating in a research note on Thursday, October 5th. Vetr lowered shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.54 target price on the stock. in a research report on Monday, September 4th. Royal Bank of Canada reaffirmed a “buy” rating and set a $13.00 target price on shares of Ford Motor in a research report on Monday, September 18th. Standpoint Research raised shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, October 4th. Finally, ValuEngine raised shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $12.56.

In related news, insider Steven R. Armstrong sold 22,076 shares of Ford Motor stock in a transaction that occurred on Wednesday, October 4th. The shares were sold at an average price of $12.37, for a total transaction of $273,080.12. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Hau N. Thai-Tang sold 25,000 shares of Ford Motor stock in a transaction that occurred on Monday, September 25th. The shares were sold at an average price of $12.00, for a total transaction of $300,000.00. Following the transaction, the insider now directly owns 51,358 shares in the company, valued at $616,296. The disclosure for this sale can be found here. Over the last three months, insiders have sold 76,828 shares of company stock worth $943,045. 1.08% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently modified their holdings of the stock. Schwab Charles Investment Management Inc. grew its holdings in Ford Motor by 8.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 14,616,542 shares of the auto manufacturer’s stock worth $163,560,000 after purchasing an additional 1,193,656 shares during the last quarter. Candriam Luxembourg S.C.A. grew its holdings in Ford Motor by 10.0% in the second quarter. Candriam Luxembourg S.C.A. now owns 348,886 shares of the auto manufacturer’s stock worth $3,904,000 after purchasing an additional 31,715 shares during the last quarter. BlueMountain Capital Management LLC grew its holdings in Ford Motor by 92.9% in the second quarter. BlueMountain Capital Management LLC now owns 198,047 shares of the auto manufacturer’s stock worth $2,216,000 after purchasing an additional 95,361 shares during the last quarter. Pzena Investment Management LLC grew its holdings in Ford Motor by 6.7% in the third quarter. Pzena Investment Management LLC now owns 25,409,816 shares of the auto manufacturer’s stock worth $304,155,000 after purchasing an additional 1,597,098 shares during the last quarter. Finally, Advisors Capital Management LLC grew its holdings in Ford Motor by 21.2% in the third quarter. Advisors Capital Management LLC now owns 483,120 shares of the auto manufacturer’s stock worth $5,783,000 after purchasing an additional 84,375 shares during the last quarter. 53.61% of the stock is currently owned by institutional investors.

Shares of Ford Motor (NYSE:F) traded down $0.08 during midday trading on Thursday, reaching $12.64. 10,632,289 shares of the company’s stock traded hands, compared to its average volume of 37,527,414. The company has a current ratio of 1.19, a quick ratio of 1.08 and a debt-to-equity ratio of 2.94. The company has a market capitalization of $50,408.51, a P/E ratio of 7.55, a P/E/G ratio of 0.66 and a beta of 1.24. Ford Motor has a twelve month low of $10.47 and a twelve month high of $13.27.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 1st. Investors of record on Monday, October 23rd were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.75%. The ex-dividend date was Friday, October 20th. Ford Motor’s payout ratio is 54.55%.

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About Ford Motor

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

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

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