Ford (F) posted its quarterly earnings results on Friday. The company reported $0.20 earnings per share (EPS) for the quarter, missing the Thomson Reuters consensus estimate of $0.26 by $0.06. The company’s quarterly revenue was up 7.6% on a year-over-year basis.
On the ratings front, analysts at Zacks Investment Research reiterated a “neutral” rating on shares of Ford in a research note to investors on Wednesday, January 18th. They now have a $13.00 price target on the stock. Analysts at Guggenheim initiated coverage on shares of Ford in a research note to investors on Wednesday, January 4th. They set a “neutral” rating on the stock. Also, analysts at Sterne Agee initiated coverage on shares of Ford in a research note to investors on Wednesday, December 21st. They set a “buy” rating and a $18.00 price target on the stock.
Ford (F) opened at 12.79 on Friday. Ford (F) has a 52-week low of $9.05 and a 52-week high of $17.88. The stock has a 50-day moving average of $11.3 and a 200-day moving average of $11.16. The company has a market cap of $48.603 billion and a price-to-earnings ratio of 7.64.
Ford Motor Company (Ford) is a producer of cars and trucks. Ford and its subsidiaries also engage in other businesses, including financing vehicles. It operates under two segments: Automotive and Financial Services. The Automotive segment includes the operations of Ford North America, Ford South America, Ford Europe, Ford Asia Pacific Africa and Volvo. The Financial services include the operations of Ford Motor Credit Company and Other Financial Services. In August 2010, the Company completed the sale of its Swedish Volvo Car unit and related assets to China’s Zhejiang Geely Holding Group Co.
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