Ford Motor (NYSE:F) Price Target Cut to $25.00

Ford Motor (NYSE:F – Get Rating) had its price target cut by investment analysts at Wells Fargo & Company from $26.00 to $25.00 in a report issued on Friday, Benzinga reports. The brokerage currently has an “overweight” rating on the auto manufacturer’s stock. Wells Fargo & Company‘s price objective would indicate a potential upside of 47.84% from the stock’s previous close.

F has been the subject of several other reports. StockNews.com started coverage on Ford Motor in a research note on Thursday. They set a “hold” rating for the company. 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. Evercore ISI upped their price objective on shares of Ford Motor from $16.00 to $18.00 in a research note on Tuesday, January 4th. Zacks Investment Research upgraded Ford Motor from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Wednesday, February 2nd. Finally, Wolfe Research cut shares of Ford Motor from an “outperform” rating to a “peer perform” rating and raised their price objective for the company from $17.00 to $22.00 in a research report on Thursday, December 2nd. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $19.62.

Shares of Ford Motor stock opened at $16.91 on Friday. The firm has a market cap of $67.71 billion, a P/E ratio of 3.82, a price-to-earnings-growth ratio of 0.32 and a beta of 1.13. The firm’s 50-day simple moving average is $17.66 and its 200-day simple moving average is $18.29. Ford Motor has a twelve month low of $11.14 and a twelve month high of $25.87. The company has a debt-to-equity ratio of 1.82, a quick ratio of 1.07 and a current ratio of 1.20.

Ford Motor (NYSE:F – Get Rating) last released its quarterly earnings data on Thursday, February 3rd. The auto manufacturer reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.17). Ford Motor had a net margin of 13.13% and a return on equity of 18.55%. The company had revenue of $35.30 billion for the quarter, compared to analyst estimates of $35.02 billion. During the same period in the previous year, the firm posted $0.34 earnings per share. On average, equities analysts forecast that Ford Motor will post 1.91 earnings per share for the current fiscal year.

In other news, insider William Clay Ford, Jr. purchased 267,697 shares of the company’s stock in a transaction on Thursday, March 24th. The shares were purchased at an average price of $16.81 per share, with a total value of $4,499,986.57. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.90% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently modified their holdings of F. Norges Bank bought a new position in shares of Ford Motor in the fourth quarter valued at $780,129,000. SG Americas Securities LLC lifted its stake in Ford Motor by 139.8% in the third quarter. SG Americas Securities LLC now owns 2,186,898 shares of the auto manufacturer’s stock valued at $30,966,000 after acquiring an additional 7,682,784 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of Ford Motor in the 4th quarter valued at about $119,135,000. UBS Asset Management Americas Inc. increased its stake in shares of Ford Motor by 27.7% during the 3rd quarter. UBS Asset Management Americas Inc. now owns 25,119,697 shares of the auto manufacturer’s stock worth $355,695,000 after purchasing an additional 5,447,109 shares during the last quarter. Finally, Capital Research Global Investors bought a new stake in shares of Ford Motor during the fourth quarter worth approximately $108,211,000. 50.76% of the stock is owned by institutional investors.

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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