AUTOMART AFRICA - AUTOMOTIVE INDUSTRY DIRECTORY | KENYA | TANZANIA | ETHIOPIA

 

In other Ford Motor Company news, EVP John Fleming sold 91,576 shares of the firm’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $13.80, for a total value of $1,263,748.80. Following the completion of the sale, the executive vice president now directly owns 336,833 shares in the company, valued at $4,648,295.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John C. Lechleiter acquired 3,000 shares of the stock in a transaction on Thursday, September 3rd. The stock was bought at an average price of $13.85 per share, with a total value of $41,550.00. Following the completion of the acquisition, the director now directly owns 14,000 shares of the company’s stock, valued at $193,900. The disclosure for this purchase can be found here.

 

Several other equities analysts have also issued reports on the company. Vetr upgraded Ford Motor Company from a buy rating to a strong-buy rating and set a $16.25 price objective on the stock in a research report on Wednesday, July 22nd. S&P Equity Research reaffirmed a buy rating and set a $19.00 target price on shares of Ford Motor Company in a report on Wednesday, July 1st. Sanford C. Bernstein boosted their price objective on Ford Motor Company from $10.50 to $11.00 in a research note on Tuesday, June 16th. Finally, Zacks raised Ford Motor Company from a hold rating to a buy rating and set a $15.00 price target on the stock in a research note on Monday, September 28th. Six equities research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Ford Motor Company currently has a consensus rating of Buy and a consensus price target of $16.41.

 

Shares of Ford Motor Company (NYSE:F) traded up 0.52% during mid-day trading on Wednesday, reaching $15.36. The company had a trading volume of 17,863,005 shares. The firm’s 50-day moving average is $14.16 and its 200 day moving average is $14.86. The company has a market capitalization of $60.95 billion and a price-to-earnings ratio of 16.59. Ford Motor Company has a 12 month low of $10.44 and a 12 month high of $16.74.

 

Ford Motor Company (NYSE:F) last posted its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.37 by $0.10. The firm had revenue of $35.10 billion for the quarter, compared to analyst estimates of $35.40 billion. The business’s revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.40 EPS. On average, equities research analysts predict that Ford Motor Company will post $1.69 earnings per share for the current year.

 

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, October 30th will be paid a $0.15 dividend. The ex-dividend date is Wednesday, October 28th. This represents a $0.60 annualized dividend and a yield of 3.91%.

 

Ford Motor Company (NYSE:F) produces or distributes cars across six continents. The Organization operates in two sectors: Financial and Automotive Services. Automotive sector includes North America, South America, Europe, Middle East & Africa, and Asia Pacific segments. Financial Services sector includes Ford Motor Credit Company and Other Financial Services segments. Its automotive brands include Ford and Lincoln. Other Financial Services comprises a range of businesses, including real estate and holding companies -related activities. The Organization has approximately 62 plants around the world. Through its wholly owned subsidiary company, Ford Motor Credit Company LLC, it offers automotive lending products to and through automotive dealers throughout the planet.

 

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