US Movers: Apple, Fiat Chrysler, Ford, General Motors, Tesla

Keith Crain is Editor-in Chief of Automotive News

Ford Motor Company is a global automotive and mobility company. Three research analysts have rated the stock with a sell rating, eight have given a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the stock. They presently have a $40.00 target price on the auto manufacturer's stock. The stock of General Motors Company (NYSE:GM) earned "Sector Perform" rating by RBC Capital Markets on Friday, July 24. Analysts have a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). However, spending as a percentage of average transaction prices declined from approx 14.9% to about 13.5%.

Having a price of $35.43, General Motors Company (NYSE:GM) traded -0.14% lower on the day. Fiat Chrysler (FCAU) and Toyota Motor (TM) reported year-over-year declines.

The stock of General Motors Company (NYSE:GM) is a huge mover today! After $0.30 actual earnings per share reported by Ford Motor Company for the previous quarter, Wall Street now forecasts 50.00% EPS growth.

For full-year 2016, Ford had a solid $4.6 billion in net income and a total company adjusted pre-tax profit of $10.4 billion, the second best in company history.

The consensus means EPS for the current quarter is at $1.44 derived from a total of 18 estimates. During the same period a year ago, the business earned $0.58 EPS. The business's revenue for the quarter was up 9.2% on a year-over-year basis. The New York-based Community Bank & Trust Na has invested 0.03% in Ford Motor Company (NYSE:F). If you are viewing this piece on another publication, it was stolen and republished in violation of worldwide copyright and trademark law.

In addition, GM's average transaction prices were approximately $34,000 in March, in line with last year's levels. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

GM, which sold 256,224 new cars and trucks in March, was the only domestic automaker to report a gain. As per Thursday, December 15, the company rating was downgraded by Goldman Sachs. maintained it with "Buy" rating and $57 target in Monday, October 10 report.

Chrysler sales dropped by 33 percent, while Fiat sales were down 5 percent. The disclosure for this purchase can be found here. Insiders own 1.10% of the company's stock. In 1Q17, investors' mixed sentiments were driven by several factors like recent political changes in the country and mixed 4Q16 results. General Motors Company's quarterly revenue was up 9.2% compared to the same quarter past year. The stock is up 6.42% in this year through last close, and the beta ratio has a value of 0.39. LeJeune Puetz Investment Counsel LLC acquired a new position in shares of General Motors Company during the fourth quarter worth approximately $119,000. The difference between the expected and actual EPS was $0.11/share, which represents an Earnings surprise of 9.4%. 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. We'll explore what major developments took place in the auto industry in the last quarter.

A number of other research analysts also recently issued reports on the company.

Share

Related News

  • Mylan Expands EpiPen Recall to Devices Distributed in US

    Mylan Expands EpiPen Recall to Devices Distributed in US

    The notice issued Friday by Mylan N.V. expands upon warnings made earlier this month after two reports of the device failing. After Mylan bought the product in 2007 the drug company raised prices nearly 600 percent over the course of the next decade.
    Braves Bullpen blows up in 7th inning, Atlanta drops Season Opener

    Braves Bullpen blows up in 7th inning, Atlanta drops Season Opener

    Last season, the Braves finished the year with a 68-93 record, good for last place in the National League East division. Again, I think everybody is buying into the fact when they're called upon to do something, we need them to help.
    SpaceX Salvaged a $6 Million Nose Cone From the Falcon 9 Reflight

    SpaceX Salvaged a $6 Million Nose Cone From the Falcon 9 Reflight

    Florida Today reported that "the air frame and engines remained the same, but some auxiliary components were replaced". SpaceX claims that its Falcon 9 Heavy will be the most powerful operational rocket in the world by a factor of two.
  • Wizards John Wall hit with $15000 fine for criticizing refs

    Wizards John Wall hit with $15000 fine for criticizing refs

    Gobert repeatedly disrupted the unsafe Wizards offense that had been held to under 100 points just once in the previous 18 games. To shoot 31 free throws to 16 - we're an aggressive team that attacks the basket. "That's how I feel about it".
    Shakib, Mosaddek put Bangladesh on top against Sri Lanka

    Shakib, Mosaddek put Bangladesh on top against Sri Lanka

    Earlier Dinesh Chandimal posted his eighth test century to lift Sri Lanka to 338 all out in its first innings. Needing 191 to win, the tourists reached their target losing six wickets in the final session.
    India, Malaysia reaffirm strategic cooperation, to boost economic ties

    India, Malaysia reaffirm strategic cooperation, to boost economic ties

    Meanwhile, India is Malaysia's 10th largest trading partner, accounting for 3.3 per cent, or US$11.7 billion, of our total trade. India made a common cause with Malaysia, a country with a sizeable Muslim population, to counter radicalization and terrorism.
  • Rick and Morty premiere ignites McDonald's Szechuan sauce craze

    Rick and Morty premiere ignites McDonald's Szechuan sauce craze

    The new episode addresses the cliffhanger ending of season two, but it may be hard to catch it from the beginning on the stream . The clip doesn't offer an airdate, but the series will be here with the warm weather before you can say pickle Rick.
    Pence breaks Senate tie on killing family-planning grants rule

    Pence breaks Senate tie on killing family-planning grants rule

    The Title X grant of the Public Health Service Act is the only federal program focused exclusively on providing family planning. Republicans vowed to undo the regulation, and in February, the House of Representatives voted to rescind it.

    Paul Ryan Backs Intelligence Panel Chair Nunes in Russia Probe

    Walter Jones of North Carolina was the first Republican to call for him to recuse himself from the investigation. During an interview with NBC News , Nunes was asked if he was upset that Rep.
  • Trump to sign executive orders targeting trade abuses

    Trump to sign executive orders targeting trade abuses

    However, Ross said the presence of a deficit does not necessarily mean that retaliatory or remedial action would be taken. The orders come just a week before Trump's meeting with Chinese President Xi Jinping in Florida.
    AP forest minister quits as MLA after Naidu drops him from Cabinet

    AP forest minister quits as MLA after Naidu drops him from Cabinet

    A Cabinet berth was a birthday gift today for 28-year-old Akhila Priya, who is the youngest minister in the state Cabinet. Lokesh, who heads the party's youth wing, was formally inducted into the party in 2013 ahead of the Assembly elections.
    Knicks star Rose out for rest of NBA season after knee injury

    Knicks star Rose out for rest of NBA season after knee injury

    As New York faces a rebuild, though, Rose's injury history will likely cause the Knicks to cut ties with him this offseason. A source told the Tribune that Rose's rehab is projected to take six to eight weeks .