Ford Motor Company March Auto Sales Plunge 7%

Posted April 05, 2017

Ford Motor Company (NYSE:F) released its 2016 annual report, which details the progress Ford made previous year in its continued expansion to be an auto and mobility company. The share price is trading in a range of $11.28 - 11.64.

According to sentiments of 21 analysts the mean estimates of short term price target for the company's stock is marked at $39.52. In fact, note Wells Fargo's David Lim and team, the slower sales despite "aggressive...pickup truck incentives" from Ford Motor and General Motors are a sign that "industry sales [are] becoming more resistant to incentive drug". Franklin Resources Inc. increased its stake in shares of Ford Motor Company by 26.7% in the fourth quarter.

Ford Motor Company (NYSE:F) last released its quarterly earnings data on Thursday, January 26th. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.33 average brokerage recommendation. The stock was bought at an average cost of $11.67 per share, for a total transaction of $1,999,992.93.

Ford's 2018 F-150. Image source: Ford Motor Company. General Motors Company P/E (price to earnings) ratio is 5.7 and Forward P/E ratio of 5.58.

Ford Motor Company has a 50 day moving average of 12.45 and a 200 day moving average of 12.29. While it's Return on Investment (ROI) value is 5.5%. Dimensional Fund Advisors LP boosted its position in Ford Motor Company by 0.5% in the fourth quarter.

GM's deliveries to daily rental companies may decline for the third year in a row and inventory in the second-quarter is estimated to be lower than in the first-quarter. The business's revenue for the quarter was up 9.2% on a year-over-year basis.

Ford Motor Company (NYSE:F) have shown a low EPS growth of -25.30% in the last 5 years and has earnings growth of -129.70% yoy.

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The firm also recently declared a quarterly dividend, which was paid on Friday, March 24th.

Nissan reported a 3.2% increase, while Honda posted a 0.7% decline. The ex-dividend date of this dividend was Wednesday, March 8th.

Since October 4, 2016, it had 1 insider purchase, and 7 sales for $1.23 million activity.

The news also weighed on auto retailer stocks. The stock was sold at an average price of $12.68, for a total value of $1,173,255.04.

Tesla also inched closer to GM, whose stock fell 4% after it reported both a sales increase that was well below forecasts and higher inventories. In a transaction dated february 14, 2017, the shares were put up for sale at an average price of $36.65, raking in a sum of $1,189,586. The disclosure for this sale can be found here. Likewise, the negative performance for the quarter was recorded as -3.29% and for the year was -6.57%, while the YTD performance remained at -2.49%. Tradewinds Capital Mgmt Llc invested 0.03% in Ford Motor Company (NYSE:F).

On Dec 16 Ford Motor Co.

12/01/2016 - Macquarie began new coverage on Ford Motor Company giving the company a " rating. Global X Management Co. Glg Limited Liability holds 0.19% of its portfolio in General Motors Company (NYSE:GM) for 78,597 shares. Green Street Investors Llc owns 301,500 shares or 3.49% of their USA portfolio. Institutional investors and hedge funds own 54.19% of the company's stock. The Company's divisions include GM North America, GM Europe (GME), GM International Operations (GMIO), GM South America (GMSA) and General Motors Financial Company, Inc.