News stories about Ford Motor (NYSE:F) have been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ford Motor earned a news sentiment score of 0.53 on their scale. InfoTrie also assigned news stories about the auto manufacturer an news buzz score of 0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news stories that may have effected Ford Motor’s score:
- UAW officials vote to recommend ratification of tentative agreement with Ford (msn.com)
- Ford to invest $1 billion in Avon Lake, Cleveland plants (cleveland.com)
- UAW union leaders recommend approval of Ford labor deal (reuters.com)
- UAW sends Ford deal for ratification (seekingalpha.com)
- New Ford-UAW Contract Reflects Gains Won After Strike At GM (wsj.com)
Shares of Ford Motor stock opened at $8.89 on Friday. Ford Motor has a 1 year low of $7.41 and a 1 year high of $10.56. The business has a 50-day moving average of $8.97 and a two-hundred day moving average of $9.57. The company has a market capitalization of $35.47 billion, a P/E ratio of 6.84, a price-to-earnings-growth ratio of 0.96 and a beta of 1.10. The company has a debt-to-equity ratio of 2.81, a current ratio of 1.17 and a quick ratio of 1.04.
Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, October 23rd. The auto manufacturer reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.08. Ford Motor had a return on equity of 15.53% and a net margin of 1.01%. The company had revenue of $33.93 billion during the quarter, compared to the consensus estimate of $33.88 billion. During the same period in the prior year, the company earned $0.29 earnings per share. The company’s revenue for the quarter was down 2.1% compared to the same quarter last year. On average, equities analysts anticipate that Ford Motor will post 1.23 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Tuesday, October 22nd will be issued a $0.15 dividend. The ex-dividend date is Monday, October 21st. This represents a $0.60 annualized dividend and a dividend yield of 6.75%. Ford Motor’s dividend payout ratio (DPR) is currently 46.15%.
F has been the subject of a number of recent analyst reports. TheStreet downgraded Ford Motor from a “b-” rating to a “c” rating in a report on Friday, July 26th. Bank of America downgraded Ford Motor to a “buy” rating and set a $13.00 price objective for the company. in a report on Tuesday, September 10th. Royal Bank of Canada reiterated a “neutral” rating and issued a $10.50 price objective on shares of Ford Motor in a report on Thursday, July 25th. ValuEngine downgraded Ford Motor from a “hold” rating to a “sell” rating in a report on Friday. Finally, Buckingham Research dropped their price objective on Ford Motor from $9.00 to $8.00 and set a “neutral” rating for the company in a report on Tuesday, October 1st. Four investment analysts have rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $10.35.
In other news, CEO James P. Hackett sold 20,000 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $9.16, for a total transaction of $183,200.00. Following the completion of the transaction, the chief executive officer now directly owns 174,575 shares of the company’s stock, valued at $1,599,107. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider James D. Farley, Jr. sold 45,000 shares of the company’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $9.19, for a total value of $413,550.00. Following the transaction, the insider now directly owns 496,753 shares of the company’s stock, valued at $4,565,160.07. The disclosure for this sale can be found here. Insiders sold 85,000 shares of company stock valued at $767,550 over the last 90 days. Corporate insiders own 0.83% of the company’s stock.
Ford Motor Company Profile
Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified 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.
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