Ford Motor Company (NYSE:F) Warns Increased Spending To Affect 2017 Profitability
- Author: Rita Burton Jan 12, 2017,
Jan 12, 2017, 0:33
Among analysts who offered their Analysis on General Motors Company (NYSE:GM)-3 analysts issued Strong buy for the stock, 6 analysts have given a Buy rating, 12 think it's a HOLD, 1 reported it as Underperform, while 0 analyst issued a Sell rating.
Ford Motor Company (NYSE: F) now has a market cap of 50.34B. The company provided EPS guidance of $6.00-6.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.70.
Analysts are also projecting an Average Revenue Estimate for Ford Motor Co.as $35.22 Billion in the Current Quarter. The stock was sold at an average price of $11.86, for a total transaction of $118,600.00. The stock stands almost -45.34% off versus the 52-week high and 5.43% away from the 52-week low.
The company also anticipates cost efficiencies of greater than $3 billion in 2017 alone and improved profitability in 2018 - led by gains in the core business.The company now expects its adjusted effective tax rate to be in the low 30 percent range. The EPS growth in the running year displays a value of 492.40%. The one-year price target of $12.79 is higher than the opening price of $12.71, that has caused a fair amount of other analysts to comment on the stock recently. Berenberg Bank reiterated a "sell" rating and set a $10.00 price target on shares of Ford Motor Company in a report on Monday, November 28th. The stock has a market cap of $49.95 billion, a PE ratio of 6.94 and a beta of 1.09. The stock hit its 52-week high price on 01/10/17, and 52-week low price on 02/11/16. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -0.41% where SMA50 and SMA200 are 5.37% and 15.43% respectively.
Important factors to consider when evaluating a stock's current and future value are the 52 week price high and low levels.More news: Kim Kardashian breaks down as she speaks out about the Paris robbery
The Relative Volume of the company is 1.12 and Average Volume (3 months) is 35.02 million.
General Motors Company (NYSE:GM) last released its quarterly earnings data on Tuesday, October 25th. WFG Advisors LP now owns 9,031 shares of the auto manufacturer's stock valued at $256,000 after buying an additional 48 shares during the last quarter. 1 analysts have rated the company as a strong "Hold". The consensus recommendation by Thomson Reuters Analysts is Outperform for KRNY and their mean rating for the stock is 2.00 on scale of 1-5. The sell-side target prices range from $10 to $17.
The consensus recommendation, according to Zacks Investment research, is 2.73. The company's year to date (YTD) performance is at 7.20%. Reliance Trust Co. of DE now owns 19,304 shares of the auto manufacturer's stock valued at $546,000 after buying an additional 417 shares during the last quarter.
When we have a peek on stock's historical trends we come to know that, the stock has climbed 6.26% in the past one week and soared 2.55% during previous one month drive, the stock went up 17.43% during past quarter. It opened the session with a $26.45 price tag, later ranging from $26.03 to $26.47, the range at which the stock has traded at throughout the day. The stock is now trading 2.67 percent higher from its SMA-50. Analysts, on average, forecast Ford Motor Company to earn $0.47 per share (EPS) on revenue of $34.19B. GM also expects about $2 billion in profits from non-car businesses, a grouping that includes both traditional revenue streams like finance and aftermarket but also ride sharing and other next-generation technologies.
Danaher Corp.'s growth estimate for the current quarter is -18.9, and 7.6 percent for the next quarter.