Seaport Global Securities Comments on Ford Motor’s FY2019 Earnings (F)

Ford Motor (NYSE:F) – Equities research analysts at Seaport Global Securities issued their FY2019 earnings per share estimates for shares of Ford Motor in a research report issued on Wednesday, February 13th. Seaport Global Securities analyst M. Ward anticipates that the auto manufacturer will post earnings per share of $1.25 for the year. Seaport Global Securities has a “Neutral” rating and a $8.46 price objective on the stock.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, January 23rd. The auto manufacturer reported $0.30 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.30. The business had revenue of $38.70 billion during the quarter, compared to analysts’ expectations of $36.83 billion. Ford Motor had a return on equity of 14.38% and a net margin of 2.29%. Ford Motor’s revenue was up .5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.39 earnings per share.

F has been the subject of several other research reports. Zacks Investment Research cut Ford Motor from a “hold” rating to a “sell” rating in a research report on Thursday, January 3rd. ValuEngine cut Ford Motor from a “sell” rating to a “strong sell” rating in a research report on Thursday, February 7th. Jefferies Financial Group reissued a “buy” rating and set a $11.00 price objective on shares of Ford Motor in a research report on Tuesday, January 8th. Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $9.00 to $12.00 in a research report on Monday, October 29th. Finally, Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $14.00 to $10.00 in a research report on Friday, October 19th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have given a buy rating to the stock. Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $10.39.

Shares of Ford Motor stock opened at $8.54 on Friday. The firm has a market capitalization of $33.42 billion, a PE ratio of 6.57, a price-to-earnings-growth ratio of 0.77 and a beta of 1.04. The company has a quick ratio of 1.07, a current ratio of 1.19 and a debt-to-equity ratio of 2.80. Ford Motor has a 12 month low of $7.41 and a 12 month high of $12.15.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 1st. Investors of record on Thursday, January 31st will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, January 30th. This represents a $0.60 dividend on an annualized basis and a yield of 7.03%. Ford Motor’s payout ratio is 46.15%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in F. Public Employees Retirement System of Ohio raised its holdings in Ford Motor by 1.2% during the fourth quarter. Public Employees Retirement System of Ohio now owns 2,595,409 shares of the auto manufacturer’s stock valued at $19,855,000 after buying an additional 31,658 shares in the last quarter. Millennium Management LLC raised its holdings in Ford Motor by 4,908.8% during the fourth quarter. Millennium Management LLC now owns 3,259,172 shares of the auto manufacturer’s stock valued at $24,933,000 after buying an additional 3,326,947 shares in the last quarter. Nalls Sherbakoff Group LLC bought a new position in Ford Motor during the fourth quarter valued at about $190,000. Western Wealth Management LLC bought a new position in Ford Motor during the fourth quarter valued at about $277,000. Finally, Cetera Advisors LLC raised its holdings in Ford Motor by 1.2% during the fourth quarter. Cetera Advisors LLC now owns 293,331 shares of the auto manufacturer’s stock valued at $2,252,000 after buying an additional 3,599 shares in the last quarter. 54.13% 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 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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