Brokerages expect Ford Motor (NYSE:F) to post $21.33 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Ford Motor’s earnings. The highest sales estimate is $22.76 billion and the lowest is $19.90 billion. Ford Motor reported sales of $16.62 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 28.3%. The business is scheduled to issue its next quarterly earnings report on Thursday, July 29th.

According to Zacks, analysts expect that Ford Motor will report full-year sales of $127.28 billion for the current financial year, with estimates ranging from $126.02 billion to $128.66 billion. For the next fiscal year, analysts expect that the business will post sales of $150.15 billion, with estimates ranging from $139.47 billion to $156.20 billion. Zacks’ sales calculations are an average based on a survey of research analysts that cover Ford Motor.

Ford Motor (NYSE:F) last released its earnings results on Tuesday, April 27th. The auto manufacturer reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.73. Ford Motor had a negative net margin of 0.12% and a positive return on equity of 2.48%. The company had revenue of $33.55 billion for the quarter, compared to analysts’ expectations of $32.72 billion. During the same quarter last year, the business earned ($0.23) EPS. The firm’s revenue was up 7.1% compared to the same quarter last year.

F has been the subject of a number of recent analyst reports. Jefferies Financial Group boosted their target price on shares of Ford Motor from $14.00 to $16.00 and gave the company a “buy” rating in a research note on Monday, March 29th. They noted that the move was a valuation call. Argus upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 target price for the company in a report on Tuesday, February 9th. TheStreet upgraded shares of Ford Motor from a “c” rating to a “b-” rating in a report on Wednesday, April 28th. Wolfe Research upgraded shares of Ford Motor from a “peer perform” rating to an “outperform” rating and upped their price objective for the company from $13.00 to $15.00 in a report on Wednesday, April 28th. Finally, Benchmark upped their price objective on shares of Ford Motor from $12.00 to $14.00 and gave the company a “buy” rating in a report on Friday, February 5th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $11.66.

Shares of Ford Motor stock traded down $0.30 on Friday, hitting $11.33. 1,558,219 shares of the company traded hands, compared to its average volume of 77,757,680. The business has a 50-day simple moving average of $12.32 and a 200 day simple moving average of $10.41. Ford Motor has a 52 week low of $4.52 and a 52 week high of $13.62. The stock has a market capitalization of $45.08 billion, a P/E ratio of -290.75, a price-to-earnings-growth ratio of 1.38 and a beta of 1.27. The company has a debt-to-equity ratio of 3.20, a quick ratio of 1.09 and a current ratio of 1.20.

In other news, insider Hau N. Thai-Tang sold 90,000 shares of the firm’s stock in a transaction dated Wednesday, March 10th. The stock was sold at an average price of $12.87, for a total transaction of $1,158,300.00. Following the sale, the insider now owns 727,651 shares of the company’s stock, valued at approximately $9,364,868.37. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.91% of the stock is currently owned by company insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its stake in shares of Ford Motor by 2.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 40,721,289 shares of the auto manufacturer’s stock valued at $357,986,000 after buying an additional 925,484 shares in the last quarter. Norges Bank purchased a new stake in Ford Motor during the fourth quarter worth $346,847,000. Morgan Stanley boosted its position in Ford Motor by 18.5% during the fourth quarter. Morgan Stanley now owns 25,399,476 shares of the auto manufacturer’s stock worth $223,261,000 after purchasing an additional 3,958,893 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Ford Motor by 0.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 23,126,970 shares of the auto manufacturer’s stock worth $203,287,000 after purchasing an additional 151,736 shares in the last quarter. Finally, Greenhaven Associates Inc. boosted its position in Ford Motor by 1.5% during the fourth quarter. Greenhaven Associates Inc. now owns 19,458,550 shares of the auto manufacturer’s stock worth $171,041,000 after purchasing an additional 296,640 shares in the last quarter. 48.81% of the stock is currently owned by institutional investors.

About Ford Motor

Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury 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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Earnings History and Estimates for Ford Motor (NYSE:F)

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