Somewhat Favorable News Coverage Somewhat Unlikely to Impact Ford Motor (F) Share Price
News headlines about Ford Motor (NYSE:F) have been trending somewhat positive on Tuesday, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ford Motor earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media coverage about the auto manufacturer an impact score of 44.1356304872722 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s rankings:
- 2019 Ford Mustang Shelby GT500 to rival Hellcat with over 520kW (caradvice.com.au)
- Ford Mustang 700+ horsepower Shelby GT500 (autonews.com)
- Ford Increasing Electric Vehicle Investment (msn.com)
- Detroit Auto Show 2018: The incredible new cars packed with futuristic tech on display – and one classic Ford that stole the show (thesun.co.uk)
- Ford to launch 16 electric cars in next 5 years (motorauthority.com)
F has been the topic of a number of research reports. Vetr raised shares of Ford Motor from a “hold” rating to a “buy” rating and set a $13.24 target price on the stock in a research note on Friday, October 13th. Standpoint Research raised shares of Ford Motor from a “hold” rating to a “buy” rating in a research note on Wednesday, October 4th. Zacks Investment Research lowered shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Wednesday, November 8th. ValuEngine raised shares of Ford Motor from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Barclays lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and raised their target price for the stock from $12.12 to $14.00 in a research note on Friday, October 13th. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $12.66.
Ford Motor (NYSE:F) last released its quarterly earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.10. The firm had revenue of $33.65 billion for the quarter, compared to analyst estimates of $32.80 billion. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. The business’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.26 EPS. sell-side analysts forecast that Ford Motor will post 1.81 EPS for the current fiscal year.
In related news, insider Steven R. Armstrong sold 10,752 shares of Ford Motor stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total value of $132,464.64. Following the completion of the sale, the insider now owns 101,159 shares in the company, valued at approximately $1,246,278.88. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Hau N. Thai-Tang sold 19,000 shares of Ford Motor stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total transaction of $237,500.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 47,752 shares of company stock worth $603,965. Corporate insiders own 1.08% of the company’s stock.
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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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