Ford Motor (NYSE:F) Given Average Rating of “Hold” by Analysts
Ford Motor (NYSE:F – Get Rating) has earned an average rating of “Hold” from the twenty-three ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and six have issued a buy recommendation on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $18.07.
Several research analysts have commented on the stock. UBS Group lowered shares of Ford Motor from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $13.00 to $10.00 in a research note on Monday, October 10th. Citigroup dropped their price objective on shares of Ford Motor from $16.00 to $13.00 and set a “neutral” rating for the company in a research note on Wednesday, September 28th. StockNews.com assumed coverage on shares of Ford Motor in a research note on Wednesday, October 12th. They set a “hold” rating for the company. Morgan Stanley lifted their price objective on shares of Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Friday, October 28th. Finally, Benchmark dropped their price objective on shares of Ford Motor to $23.00 in a research note on Tuesday, August 9th.
Insider Activity at Ford Motor
In related news, insider Stuart J. Rowley sold 29,821 shares of the business’s stock in a transaction dated Wednesday, November 16th. The shares were sold at an average price of $13.97, for a total value of $416,599.37. Following the sale, the insider now directly owns 224,978 shares in the company, valued at approximately $3,142,942.66. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.90% of the stock is owned by insiders.
Hedge Funds Weigh In On Ford Motor
A number of institutional investors and hedge funds have recently made changes to their positions in F. Campbell & CO Investment Adviser LLC acquired a new position in Ford Motor in the first quarter valued at approximately $183,000. Wedmont Private Capital purchased a new stake in Ford Motor in the second quarter valued at approximately $174,000. BLB&B Advisors LLC lifted its stake in Ford Motor by 3.2% in the second quarter. BLB&B Advisors LLC now owns 525,834 shares of the auto manufacturer’s stock valued at $5,853,000 after buying an additional 16,154 shares during the last quarter. Harbor Capital Advisors Inc. lifted its stake in Ford Motor by 19.9% in the second quarter. Harbor Capital Advisors Inc. now owns 11,398 shares of the auto manufacturer’s stock valued at $127,000 after buying an additional 1,894 shares during the last quarter. Finally, Alphastar Capital Management LLC lifted its stake in Ford Motor by 67.6% in the second quarter. Alphastar Capital Management LLC now owns 164,702 shares of the auto manufacturer’s stock valued at $1,833,000 after buying an additional 66,431 shares during the last quarter. 49.89% of the stock is owned by institutional investors and hedge funds.
Ford Motor Trading Up 0.6 %
Ford Motor stock opened at $13.99 on Friday. The stock has a market cap of $56.25 billion, a P/E ratio of 6.36, a PEG ratio of 2.36 and a beta of 1.42. The company has a debt-to-equity ratio of 2.00, a current ratio of 1.20 and a quick ratio of 1.03. Ford Motor has a 1 year low of $10.61 and a 1 year high of $25.87. The firm’s 50 day moving average price is $12.98 and its 200-day moving average price is $13.35.
Ford Motor (NYSE:F – Get Rating) last released its quarterly earnings data on Wednesday, October 26th. The auto manufacturer reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.01). The company had revenue of $37.19 billion for the quarter, compared to the consensus estimate of $37.11 billion. Ford Motor had a net margin of 5.94% and a return on equity of 14.69%. The company’s quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.51 EPS. On average, equities analysts predict that Ford Motor will post 1.96 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 1st. Investors of record on Tuesday, November 15th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Monday, November 14th. This represents a $0.60 annualized dividend and a yield of 4.29%. Ford Motor’s dividend payout ratio (DPR) is currently 27.27%.
About Ford Motor
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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