Ford Motor (F) Given Average Rating of “Hold” by Brokerages

Shares of Ford Motor (NYSE:F) have been assigned a consensus recommendation of “Hold” from the twenty-five brokerages that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, sixteen have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $12.26.

F has been the subject of several research reports. Vetr downgraded Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.00 price target for the company. in a research note on Monday, January 29th. Cascend Securities downgraded Ford Motor to a “buy” rating in a research note on Tuesday, December 5th. Zacks Investment Research raised Ford Motor from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a research note on Tuesday, December 26th. Royal Bank of Canada reaffirmed a “hold” rating and set a $14.00 price target on shares of Ford Motor in a research note on Wednesday, December 20th. Finally, Susquehanna Bancshares set a $12.00 price target on Ford Motor and gave the stock a “hold” rating in a research note on Wednesday, March 14th.

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Ford Motor stock traded up $0.22 during midday trading on Friday, reaching $11.08. The company’s stock had a trading volume of 39,863,962 shares, compared to its average volume of 48,367,784. Ford Motor has a fifty-two week low of $10.14 and a fifty-two 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 $44,024.73, a P/E ratio of 6.22, a price-to-earnings-growth ratio of 0.67 and a beta of 1.12.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). The business had revenue of $38.50 billion during the quarter, compared to analyst estimates of $36.96 billion. Ford Motor had a net margin of 4.85% and a return on equity of 21.71%. Ford Motor’s revenue was up 6.9% compared to the same quarter last year. During the same period last year, the business posted $0.30 EPS. sell-side analysts predict that Ford Motor will post 1.55 EPS for the current year.

In other Ford Motor news, Director John C. Lechleiter purchased 5,000 shares of the stock in a transaction on Friday, February 9th. The stock was bought at an average price of $10.28 per share, for a total transaction of $51,400.00. Following the acquisition, the director now directly owns 30,000 shares of the company’s stock, valued at $308,400. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Chairman William Clay Ford, Jr. sold 454,260 shares of Ford Motor stock in a transaction dated Friday, March 2nd. The shares were sold at an average price of $10.32, for a total value of $4,687,963.20. The disclosure for this sale can be found here. Insiders sold a total of 503,675 shares of company stock valued at $5,246,794 in the last three months. 1.08% of the stock is currently owned by corporate insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of F. Winslow Evans & Crocker Inc. grew its holdings in Ford Motor by 136.1% in the 4th quarter. Winslow Evans & Crocker Inc. now owns 8,500 shares of the auto manufacturer’s stock valued at $106,000 after buying an additional 4,900 shares during the period. Wealthcare Advisory Partners LLC purchased a new stake in Ford Motor in the 3rd quarter valued at about $124,000. Certified Advisory Corp purchased a new stake in Ford Motor in the 4th quarter valued at about $124,000. Cedar Capital LLC purchased a new stake in Ford Motor in the 4th quarter valued at about $126,000. Finally, Personal Capital Advisors Corp purchased a new stake in Ford Motor in the 4th quarter valued at about $128,000. Institutional investors own 56.59% of the company’s stock.

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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.

Analyst Recommendations for Ford Motor (NYSE:F)

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