General Motors Company Beats Earnings Estimates, Shares Rise

Cornelia Mascio
Febbraio 8, 2017

Finally, Barclays PLC upgraded shares of Ford Motor Company from an "equal weight" rating to an "overweight" rating and lifted their price objective for the company from $13.00 to $15.00 in a report on Friday. They now have a United States dollars 13 price target on the stock. The stock's next day closing price was $31.26 with the loss of -4.20% in its share price. The current share price indicate that stock is -4.04% away from its one year high and is moving 44.75% ahead of its 52-week low. There may be various price targets for a stock. Analysts set a 12-month price target of $11.5 a share. The original version of this report can be accessed at https://sportsperspectives.com/2017/02/07/groesbeck-investment-management-corp-nj-has-3178000-position-in-ford-motor-company-f.html. They now have a Dollars 14 price target on the stock.

When it comes to the Analysis of a Stock, Price Target plays a vital role. The shares were sold at an average price of $12.44, for a total transaction of $152,738.32. The target implies a 80.82% spike from where the shares are now trading. It expects global volumes for new or refreshed vehicles to rise to 38% between 2017 and 2020 from 26% between 2011 and 2016.

General Motors Company closed its last trading session at $36.33 with the gain of 1.38%.

"By nearly any measure, 2016 was a great year for our business and I am confident we can achieve even stronger results", GM Chairman and CEO Mary Barra said in a statement. "We'll stay focused on delivering results that will enable us to return capital and create more shareholder value". This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell. North Star Investment Management Corp. now owns 5,452 shares of the auto manufacturer's stock worth $173,000 after buying an additional 850 shares in the last quarter. According to Finviz reported data, the stock now has Earnings per Share (EPS) (ttm) of $8.74.

General Motors released its latest earnings results before opening bell this morning. (NYSE:F) could bring EPS of $0.31/share. During the same quarter in the previous year, the business posted $0.58 EPS. Thus the company showed an Earnings Surprise of -3.2 Percent.

12/21/2016 - BMO Capital Markets began new coverage on Ford Motor Company giving the company a " rating.

The stock was higher in premarket trade, but reversed course in early trading, and were down $1.72 to $35.10.

US earnings reached a record $12 billion in 2016, beating the previous year's total by $1 billion. The company has a 1 Year high price target of $13.19. The stock stands 0.77% above the average-price of 50 days and -1.66% compared with the SMA 20. The average analysts gave this company a mean recommendation of 2.50.

Ford Motor Co. (NYSE:F) is now showing its ROA (Return on Assets) of 1.9%. The stock recovered 154.4 since its low point and has performed 4.43 year-to-date. Net income for the year declined 2.7 percent.

Sales were particularly strong in the USA and China. On the other hand, in the June 2017 quarter the company recorded a net $42.37B revenue with earnings per share of $1.86.

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