This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
The carmaker is scheduled to report fourth-quarter earnings on Friday. Analysts, on average, anticipates earnings of 25 cents a share on revenue of $32.35 billion.
Bank of America Merrill Lynch analysts anticipate fourth-quarter EPS of 29 cents.
"While the focus on short-term details should be intense, we believe many will either miss or choose to ignore the massive ongoing structural improvements at Ford including: 1) a five-year track record of consistent price discipline; 2) a product renaissance that is about to hit its sixth year, lap itself with the intro of the all-new Fusion, and further bolster pricing; 3) consistent best-in-class product refresh rates; 4) three years of market share gains in the US; 5) the globalization of product platforms; 6) $21bn+ of debt paid down in the last two years; 7) a landmark deal with the UAW to remove the uncertainty of retiree healthcare liabilities in 2007; 8) the successful support of Ford Motor Credit in tough times over the last four years, that has turned out to be very profitable; 9) a burgeoning recovery in the US sales cycle; and 10) a structural shift in corporate culture that now strives to remain ahead of the competition and not just improve on the past," Bank of America Merrill Lynch analysts wrote in a report on Thursday.
Forward Annual Dividend Yield: 1.6%
Rated "B- (Buy)" by TheStreet Ratings: The company's third-quarter gross profit margin decreased from the previous year.
In the third quarter, stockholders' net worth increased 437.39% from the prior year.
TheStreet Ratings' price target is
$14.56. Shares closed Wednesday at $12.93.