Ford Motor (F) Upgraded at Zacks Investment Research

Ford Motor (F) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of Ford Motor (NYSE:F) from a sell rating to a hold rating in a research note released on Thursday morning.

According to Zacks, “Ford’s recent plans to rev up production of new Lincoln Navigator & Ford Expedition at its Kentucky factory, is expected to drive its profit margins and throw challenges to its rivals. In fourth-quarter 2017, the company reported adjusted earnings per share of 39 cents, missing the Zacks Consensus Estimate of 42 cents per share. During the quarter, the company logged automotive revenues of $41.3 billion, beating the Zacks Consensuses Estimate of $37.2 billion. Ford is expanding its production capacity in many emerging markets to facilitate supply, cost reduction and manage transportation challenges. It has been making quite a large amount of investment for the development of next generation cars, which can be beneficial in the long-run but, are likely to create short-term strains on the financials of the company.”

Other research analysts also recently issued reports about the stock. Morgan Stanley restated an equal weight rating on shares of Ford Motor in a research report on Tuesday, November 28th. ValuEngine raised shares of Ford Motor from a hold rating to a buy rating in a report on Friday, December 1st. Jefferies Group increased their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock a hold rating in a report on Monday, October 30th. Nomura dropped their price objective on shares of Ford Motor to $11.00 and set a neutral rating on the stock in a report on Thursday, February 1st. Finally, Vetr raised shares of Ford Motor from a buy rating to a strong-buy rating and set a $13.14 price objective on the stock in a report on Friday, January 26th. Two research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of $12.54.

Ford Motor (NYSE F) opened at $10.61 on Thursday. The company has a debt-to-equity ratio of 2.94, a current ratio of 1.23 and a quick ratio of 1.12. Ford Motor has a 52-week low of $10.19 and a 52-week high of $13.48. The stock has a market cap of $42,160.00, a PE ratio of 5.58, a PEG ratio of 0.64 and a beta of 1.14.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.03). Ford Motor had a return on equity of 21.71% and a net margin of 4.85%. The business had revenue of $38.50 billion during the quarter, compared to the consensus estimate of $36.96 billion. During the same quarter in the previous year, the business posted $0.30 earnings per share. The company’s quarterly revenue was up 6.9% compared to the same quarter last year. research analysts anticipate that Ford Motor will post 1.54 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Tuesday, January 30th will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, January 29th. This represents a $0.60 annualized dividend and a yield of 5.66%. Ford Motor’s payout ratio is 31.58%.

In other Ford Motor news, insider Hau N. Thai-Tang sold 18,000 shares of the firm’s stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $13.00, for a total transaction of $234,000.00. Following the transaction, the insider now owns 14,358 shares of the company’s stock, valued at approximately $186,654. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John C. Lechleiter bought 5,000 shares of the stock in a transaction on Friday, February 9th. The shares were bought at an average cost of $10.28 per share, for a total transaction of $51,400.00. Following the purchase, the director now owns 30,000 shares in the company, valued at approximately $308,400. The disclosure for this purchase can be found here. In the last three months, insiders have sold 47,752 shares of company stock worth $603,965. 1.08% of the stock is owned by corporate insiders.

Institutional investors have recently added to or reduced their stakes in the business. Amundi Pioneer Asset Management Inc. grew its stake in shares of Ford Motor by 1,559.6% in the 4th quarter. Amundi Pioneer Asset Management Inc. now owns 15,256,627 shares of the auto manufacturer’s stock worth $190,556,000 after purchasing an additional 14,337,350 shares during the last quarter. Greenhaven Associates Inc. acquired a new position in shares of Ford Motor in the 4th quarter worth approximately $164,194,000. Swedbank acquired a new position in shares of Ford Motor in the 4th quarter worth approximately $100,670,000. Alyeska Investment Group L.P. acquired a new position in shares of Ford Motor in the 3rd quarter worth approximately $76,726,000. Finally, Two Sigma Advisers LP grew its stake in shares of Ford Motor by 200.0% in the 4th quarter. Two Sigma Advisers LP now owns 8,084,231 shares of the auto manufacturer’s stock worth $100,972,000 after purchasing an additional 5,389,300 shares during the last quarter. 54.06% of the stock is currently owned by hedge funds and other institutional investors.

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Ford Motor Company Profile

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

Get a free copy of the Zacks research report on Ford Motor (F)

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Analyst Recommendations for Ford Motor (NYSE:F)

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Zacks Investment Research upgraded shares of Ford Motor (NYSE:F) from a sell rating to a hold rating in a report issued on Thursday.

According to Zacks, “Ford’s recent plans to rev up production of new Lincoln Navigator & Ford Expedition at its Kentucky factory, is expected to drive its profit margins and throw challenges to its rivals. In fourth-quarter 2017, the company reported adjusted earnings per share of 39 cents, missing the Zacks Consensus Estimate of 42 cents per share. During the quarter, the company logged automotive revenues of $41.3 billion, beating the Zacks Consensuses Estimate of $37.2 billion. Ford is expanding its production capacity in many emerging markets to facilitate supply, cost reduction and manage transportation challenges. It has been making quite a large amount of investment for the development of next generation cars, which can be beneficial in the long-run but, are likely to create short-term strains on the financials of the company.”

Other equities analysts have also issued research reports about the stock. Morgan Stanley reaffirmed an equal weight rating on shares of Ford Motor in a research report on Tuesday, November 28th. ValuEngine raised shares of Ford Motor from a hold rating to a buy rating in a research report on Friday, December 1st. Jefferies Group increased their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock a hold rating in a research report on Monday, October 30th. Nomura dropped their price objective on shares of Ford Motor to $11.00 and set a neutral rating for the company in a research report on Thursday, February 1st. Finally, Vetr raised shares of Ford Motor from a buy rating to a strong-buy rating and set a $13.14 price objective for the company in a research report on Friday, January 26th. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and six have given a buy rating to the company. Ford Motor has an average rating of Hold and a consensus price target of $12.54.

Ford Motor (NYSE:F) opened at $10.61 on Thursday. Ford Motor has a 52-week low of $10.19 and a 52-week high of $13.48. The company has a debt-to-equity ratio of 2.94, a quick ratio of 1.12 and a current ratio of 1.23. The company has a market cap of $42,160.00, a P/E ratio of 5.58, a P/E/G ratio of 0.64 and a beta of 1.14.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.03). Ford Motor had a return on equity of 21.71% and a net margin of 4.85%. The company had revenue of $38.50 billion for the quarter, compared to analyst estimates of $36.96 billion. During the same period last year, the company posted $0.30 EPS. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. equities research analysts expect that Ford Motor will post 1.54 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Tuesday, January 30th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Monday, January 29th. This represents a $0.60 annualized dividend and a dividend yield of 5.66%. Ford Motor’s dividend payout ratio (DPR) is presently 31.58%.

In other news, insider Steven R. Armstrong sold 10,752 shares of the company’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total value of $132,464.64. Following the completion of the transaction, the insider now directly owns 101,159 shares in the company, valued at $1,246,278.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John C. Lechleiter bought 5,000 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was purchased at an average price of $10.28 per share, with a total value of $51,400.00. Following the completion of the purchase, the director now directly owns 30,000 shares of the company’s stock, valued at approximately $308,400. The disclosure for this purchase can be found here. Insiders sold 47,752 shares of company stock valued at $603,965 over the last 90 days. Insiders own 1.08% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. Janus Henderson Group PLC boosted its stake in Ford Motor by 31.0% during the 2nd quarter. Janus Henderson Group PLC now owns 655,953 shares of the auto manufacturer’s stock valued at $7,353,000 after acquiring an additional 155,087 shares during the last quarter. Piedmont Investment Advisors LLC boosted its stake in Ford Motor by 1.0% during the 2nd quarter. Piedmont Investment Advisors LLC now owns 832,866 shares of the auto manufacturer’s stock valued at $9,320,000 after acquiring an additional 8,500 shares during the last quarter. Koch Industries Inc. bought a new position in Ford Motor during the 2nd quarter valued at $297,000. Colony Group LLC bought a new position in Ford Motor during the 2nd quarter valued at $125,000. Finally, Public Employees Retirement System of Ohio boosted its stake in Ford Motor by 2.5% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 2,667,239 shares of the auto manufacturer’s stock valued at $29,846,000 after acquiring an additional 66,026 shares during the last quarter. Institutional investors and hedge funds own 54.06% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece was published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright & trademark legislation. The legal version of this piece can be viewed at https://www.dispatchtribunal.com/2018/02/18/ford-motor-f-upgraded-at-zacks-investment-research.html.

Ford Motor Company Profile

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

Get a free copy of the Zacks research report on Ford Motor (F)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Analyst Recommendations for Ford Motor (NYSE:F)

Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.

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