Exane BNP Paribas Initiates Coverage on Ford Motor (NYSE:F)

Exane BNP Paribas assumed coverage on shares of Ford Motor (NYSE:F – Get Rating) in a research report report published on Monday morning, The Fly reports. The firm issued an outperform rating on the auto manufacturer’s stock.

A number of other equities research analysts also recently weighed in on F. Jefferies Financial Group reduced their target price on Ford Motor from $20.00 to $18.00 and set a hold rating on the stock in a report on Tuesday, March 15th. JPMorgan Chase & Co. boosted their target price on Ford Motor from $20.00 to $23.00 in a research note on Wednesday, January 26th. Morgan Stanley lifted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the company an underweight rating in a report on Tuesday, February 8th. StockNews.com started coverage on shares of Ford Motor in a research note on Thursday, March 31st. They issued a hold rating for the company. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Ford Motor from $24.00 to $21.00 in a research note on Friday, February 4th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of Hold and a consensus price target of $19.33.

F stock opened at $15.51 on Monday. Ford Motor has a 52 week low of $11.14 and a 52 week high of $25.87. The business has a 50-day simple moving average of $16.86 and a 200 day simple moving average of $18.44. The company has a quick ratio of 1.07, a current ratio of 1.20 and a debt-to-equity ratio of 1.82. The company has a market cap of $62.11 billion, a PE ratio of 3.50, a price-to-earnings-growth ratio of 0.99 and a beta of 1.11.

Ford Motor (NYSE:F – Get Rating) last issued its earnings results on Thursday, February 3rd. The auto manufacturer reported $0.26 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.17). Ford Motor had a net margin of 13.13% and a return on equity of 18.55%. The firm had revenue of $35.30 billion during the quarter, compared to analyst estimates of $35.02 billion. During the same quarter in the previous year, the firm posted $0.34 earnings per share. On average, analysts anticipate that Ford Motor will post 1.87 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 1st. Investors of record on Tuesday, April 26th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, April 25th. This represents a $0.40 annualized dividend and a dividend yield of 2.58%. Ford Motor’s payout ratio is 9.03%.

In related news, insider William Clay Ford, Jr. bought 267,697 shares of the company’s stock in a transaction that occurred on Thursday, March 24th. The shares were bought at an average price of $16.81 per share, for a total transaction of $4,499,986.57. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 0.90% of the company’s stock.

A number of hedge funds have recently bought and sold shares of the stock. Sterling Investment Advisors Ltd. bought a new stake in shares of Ford Motor during the fourth quarter worth about $27,000. Retirement Planning Co of New England Inc. acquired a new position in Ford Motor during the 4th quarter valued at about $28,000. Cedar Mountain Advisors LLC bought a new stake in Ford Motor during the 4th quarter worth approximately $31,000. Rise Advisors LLC purchased a new stake in shares of Ford Motor in the fourth quarter worth approximately $39,000. Finally, West Bancorporation Inc. bought a new position in shares of Ford Motor in the fourth quarter valued at approximately $42,000. 50.76% of the stock is currently owned by institutional investors and hedge funds.

About Ford Motor (Get Rating)

Ford Motor Company designs, manufactures, markets, and services a range of Ford trucks, cars, sport utility vehicles, electrified vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

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