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.