Truck and SUV demand push General Motors to record earnings in 2016
They issued a “neutral” rating and a $13.00 target price for the company.
Wall Street, however, is more focused on how GM will perform this year and analysts have concerns about the automaker’s inventory and ability to meet its 2017 targets. This would imply the analyst believes there is a potential upside of 20.8% from the opening price of 12.42 United States dollars. The Asset Management firm now holds 40,000 shares of Ford Motor Company which is valued at $494,400. (NYSE:F) in which RBC Capital Upgrades Ford Motor Co. The stock floated in a price range of $43.76 to $44.55, with market capitalization of $23.00B.
This company was Initiated by Macquarie on 1-Dec-16 to Outperform. The shares were sold at an average price of $36.12, for a total transaction of $91,744.80. Following the transaction, the Executive Vice President is left with a stake of 91.74 shares, now valued at $3379. Ford Motor Company accounts for about 2.4% of Groesbeck Investment Management Corp NJ’s portfolio, making the stock its 15th largest position. Ford Motor Company’s dividend payout ratio is now 52.63%. (NYSE:F) reported its Actual EPS of $0.3/share.
General Motors Company (NYSE:GM) will report its next earnings on 7-Feb-17. Perhaps, that suggests something about why 0.62% of the outstanding share supply is held by institutional investors.
European markets were higher today, with the Spanish Ibex Index gaining 0.06 percent, STOXX Europe 600 Index rising 0.41 percent and German DAX 30 index gaining 0.45 percent. Thus the company showed an Earnings Surprise of -3.2 Percent. It recorded declines in South America and Europe, and the global market – including China – fell from $1.4 billion to $1.1 billion. The stock traded with the volume of 38.19 Million shares in the last trading session. The stock added nearly 11.3% in price since last earning report, when its share price was $32.63. The stock’s closing price was $31.31 with the gain of 1.72% in its share price on the day following the earning announcement. The company earned $42.80 billion during the quarter, compared to analysts’ expectations of $39.11 billion.
Ford Motor Co. (NYSE:F) is now showing its ROA (Return on Assets) of 1.9%.
The company’s net profit margin stands at 6.70% whereas its return on equity (ROE) is 62.20%. Over the trailing year, the stock is underperforming the S&P 500 by 13.46, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. The Monthly and Yearly performances are -3.09 percent and 14.55 percent respectively.
12/21/2016 – Ford Motor Company had its ” rating reiterated by analysts at Instinet.
GM earnings, especially in the USA, reflected growing demand for SUV and pickups. This represents a $0.60 dividend on an annualized basis and a yield of 4.79%.