Ford Motor (NYSE:F) issued an update on its FY17 earnings guidance on Tuesday morning. The company provided EPS guidance of $1.78 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.84. Ford Motor also updated its FY18 guidance to $1.45-1.70 EPS.
Ford Motor (NYSE:F) opened at $13.10 on Wednesday. The company has a current ratio of 1.19, a quick ratio of 1.08 and a debt-to-equity ratio of 2.94. Ford Motor has a fifty-two week low of $10.47 and a fifty-two week high of $13.48. The company has a market capitalization of $52,040.00, a price-to-earnings ratio of 11.91, a PEG ratio of 0.81 and a beta of 1.26.
Ford Motor (NYSE:F) last posted its quarterly earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.10. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. The company had revenue of $33.65 billion during the quarter, compared to analysts’ expectations of $32.80 billion. During the same quarter in the previous year, the firm earned $0.26 EPS. Ford Motor’s revenue was up .9% on a year-over-year basis. research analysts expect that Ford Motor will post 1.81 earnings per share for the current fiscal year.
In other news, insider Hau N. Thai-Tang sold 18,000 shares of the business’s stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $13.00, for a total value of $234,000.00. Following the transaction, the insider now directly owns 14,358 shares of the company’s stock, valued at approximately $186,654. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Steven R. Armstrong sold 10,752 shares of the business’s stock in a transaction dated 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 transaction, the insider now directly owns 101,159 shares in the company, valued at $1,246,278.88. The disclosure for this sale can be found here. Insiders sold a total of 47,752 shares of company stock worth $603,965 in the last quarter. Corporate insiders own 1.08% of the company’s stock.
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Ford Motor Company Profile
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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