Stock Update (NYSE:F): Ford Motor Company U.S. December Retail Sales Reach a 12-Year High; Shares Rise 4%

Ford Motor Company (NYSE: F) total December U.S. sales of 239,854 vehicles were up 0.3 percent. Retail sales increased 5 percent last month, with 183,454 vehicles sold – the company’s best December retail performance since 2004.

F-Series sales totaled 87,512 trucks in December, up 3 percent. Strong retail demand for F-150 and the all-new Super Duty contributed to the best overall sales month for F-Series in 11 years. Ford van sales gained 3 percent in December, totaling 22,302 vehicles, for the company’s best-ever December van performance.

December retail sales of Ford brand SUVs were up 6 percent, driving a 5 percent gain in overall SUV sales, with 68,685 vehicles sold. December was Ford’s best SUV sales month since 2002, with gains coming from Edge, Explorer and Expedition.

Overall, Lincoln sales were up 18 percent for the month, with 12,791 vehicles sold. Strong performance from the all-new Lincoln Continental, with 1,845 cars sold, contributed to a 28 percent increase in December car sales for Lincoln versus a year ago. Lincoln MKX sales of 3,527 vehicles – a 19 percent increase – drove a 13 percent rise in Lincoln SUV sales for December.

“December marked Ford’s best retail performance since 2004, with average transaction prices increasing $1,600 for the month – $1,000 more than the industry average,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service. “Thanks to strong customer demand for F-Series, Transit and an all-new lineup of heavy trucks, Ford capped 2016 as America’s best-selling truck brand.”

Meanwhile, the company’s 2016 U.S. sales of 2,614,697 vehicles mark its best results in 10 years. Ford brand sales of 2,502,973 vehicles make Ford America’s best-selling brand for seven straight years.

For 2016, F-Series sales totaled 820,799 trucks, making it America’s best-selling pickup for 40 years straight and best-selling vehicle for 35 years. Ford U.S. truck sales, including vans, pickups and heavy trucks, totaled 1,077,006 vehicles, a 7 percent increase versus a year ago.

The company sold a total of 240,721 vans in 2016 – up 9 percent – making Ford America’s best-selling brand of commercial vans for 38 straight years. Total Transit sales of 143,244 vehicles represent a 22 percent increase for America’s best-selling van.

Ford sold 772,667 SUVs in 2016, marking its best annual performance since record 2001 sales. Escape and Edge had record years with Escape sales of 307,069 and Edge sales totaling 134,588 vehicles.

Lincoln sales totaled 111,724 vehicles for the year – up 10 percent, with gains coming from both cars and SUVs. Lincoln car sales posted an 8 percent gain, while SUVs were up 12 percent for the year. (Original Source)

Shares of Ford Motor Company are currently trading at $13.04, up $0.45 or +3.57%. F has a 1-year high of $14.22 and a 1-year low of $11.02. The stock’s 50-day moving average is $12.36 and its 200-day moving average is $12.41.

On the ratings front, Ford Motor Company has been the subject of a number of recent research reports. In a report released yesterday, RBC analyst Joseph Spak reiterated a Hold rating on F, with a price target of $13, which represents a slight upside potential from current levels. Separately, on December 21, Nomura’s Anindya Das reiterated a Buy rating on the stock and has a price target of $14.50.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Joseph Spak and Anindya Das have a yearly average return of 4.7% and 2.9% respectively. Spak has a success rate of 56% and is ranked #451 out of 4351 analysts, while Das has a success rate of 50% and is ranked #2829.

Overall, 4 research analysts have rated the stock with a Sell rating, 3 research analysts have assigned a Hold rating and 2 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $12.00 which is -6.0% under where the stock opened today.

Ford Motor Co. engages in the manufacture, distribution, and sale of automobiles. It operates through the Automotive and Financial Services business sectors. The Automotive sector operates through four business segments: North America, South America, Europe, Middle East & Africa, and Asia Pacific. The North America segment includes sale of Ford and Lincoln brand vehicles, service parts and accessories in North America. The South America segment involves sale of Ford brand vehicles and related service parts and accessories in South America. The Europe segment focuses on the sale of Ford brand vehicles and related service parts and accessories in Europe, Turkey, and Russia. The Middle East & Africa segment includes primarily the sale of Ford brand vehicles and related service parts and accessories in Middle East and Africa. The Asia Pacific segment concerns sale of Ford and Lincoln vehicles, service parts, and accessories in the Asia Pacific region. The Financial Services sector operates through Ford Credit and Other Financial Services segments. The Ford Credit segment provides vehicle related financing and leasing. The Other Financial Services segment includes a variety of businesses, including holding companies and real estate. 

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