Ford Motor (NYSE:F) has earned a consensus recommendation of “Hold” from the twenty-five research firms that are covering the company, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating and six have assigned a buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $12.26.
A number of research analysts have issued reports on the company. Zacks Investment Research upgraded Ford Motor from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research report on Tuesday, January 9th. Vetr upgraded Ford Motor from a “buy” rating to a “strong-buy” rating and set a $13.14 price target for the company in a research report on Friday, January 26th. Susquehanna Bancshares set a $12.00 price target on Ford Motor and gave the stock a “hold” rating in a research report on Wednesday, March 14th. Nomura reduced their price target on Ford Motor to $11.00 and set a “neutral” rating for the company in a research report on Thursday, February 1st. Finally, Morgan Stanley upgraded Ford Motor from an “underweight” rating to an “overweight” rating and reduced their price target for the stock from $10.78 to $10.00 in a research report on Wednesday, March 14th. They noted that the move was a valuation call.
NYSE:F opened at $10.82 on Thursday. Ford Motor has a 12-month low of $10.14 and a 12-month high of $13.48. The company has a market cap of $42,991.66, a P/E ratio of 6.08, a P/E/G ratio of 0.65 and a beta of 1.05. The company has a quick ratio of 1.12, a current ratio of 1.23 and a debt-to-equity ratio of 2.94.
Ford Motor (NYSE:F) last released its quarterly earnings data 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 net margin of 4.85% and a return on equity of 21.71%. The company had revenue of $38.50 billion for the quarter, compared to analyst estimates of $36.96 billion. During the same quarter in the prior year, the firm earned $0.30 EPS. The company’s revenue for the quarter was up 6.9% compared to the same quarter last year. equities analysts expect that Ford Motor will post 1.55 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 1st. Stockholders of record on Friday, April 20th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.55%. The ex-dividend date is Thursday, April 19th. Ford Motor’s dividend payout ratio is presently 33.71%.
In other news, Chairman William Clay Ford, Jr. sold 454,260 shares of the business’s stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $10.32, for a total transaction of $4,687,963.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Ashwani Kumar Galhotra sold 31,415 shares of the business’s stock in a transaction on Friday, March 2nd. The stock was sold at an average price of $10.34, for a total value of $324,831.10. The disclosure for this sale can be found here. 0.95% of the stock is currently owned by insiders.
Several institutional investors have recently made changes to their positions in the company. Amundi Pioneer Asset Management Inc. raised its position in Ford Motor by 1,559.6% during the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 15,256,627 shares of the auto manufacturer’s stock valued at $190,556,000 after buying an additional 14,337,350 shares during the period. Greenhaven Associates Inc. acquired a new position in Ford Motor during the fourth quarter valued at $164,194,000. Swedbank acquired a new position in Ford Motor during the fourth quarter valued at $100,670,000. Two Sigma Advisers LP raised its position in Ford Motor by 200.0% during the fourth quarter. Two Sigma Advisers LP now owns 8,084,231 shares of the auto manufacturer’s stock valued at $100,972,000 after buying an additional 5,389,300 shares during the period. Finally, AXA raised its position in Ford Motor by 509.2% during the fourth quarter. AXA now owns 5,982,528 shares of the auto manufacturer’s stock valued at $74,722,000 after buying an additional 5,000,544 shares during the period. 56.55% of the stock is currently owned by institutional investors.
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About Ford Motor
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.
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