Ford Motor (F) Upgraded to “Buy” at Jefferies Group

Jefferies Group upgraded shares of Ford Motor (NYSE:F) from a hold rating to a buy rating in a research report report published on Tuesday morning, Marketbeat.com reports. Jefferies Group currently has $13.00 price target on the auto manufacturer’s stock, up from their prior price target of $10.14. Jefferies Group also issued estimates for Ford Motor’s FY2018 earnings at $1.63 EPS, FY2019 earnings at $1.81 EPS and FY2020 earnings at $2.09 EPS.

F has been the topic of several other research reports. Vetr cut shares of Ford Motor from a strong-buy rating to a buy rating and set a $12.00 price target on the stock. in a research report on Monday, January 29th. BMO Capital Markets reaffirmed a hold rating and set a $11.00 price target on shares of Ford Motor in a research report on Tuesday, March 6th. JPMorgan Chase & Co. increased their price target on shares of Ford Motor from $14.00 to $15.00 and gave the stock an overweight rating in a research report on Thursday, April 26th. Susquehanna Bancshares set a $12.00 price target on shares of Ford Motor and gave the stock a hold rating in a research report on Wednesday, March 14th. Finally, Morgan Stanley set a $16.00 price target on shares of Ford Motor and gave the stock a buy rating in a research report on Thursday, May 24th. Two analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and seven have issued a buy rating to the company. The company has a consensus rating of Hold and an average target price of $12.78.

Shares of Ford Motor opened at $11.55 on Tuesday, Marketbeat.com reports. The company has a debt-to-equity ratio of 2.89, a current ratio of 1.23 and a quick ratio of 1.11. The stock has a market cap of $45.46 billion, a PE ratio of 6.49, a price-to-earnings-growth ratio of 0.69 and a beta of 1.04. Ford Motor has a 1-year low of $10.14 and a 1-year high of $13.48.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, April 25th. The auto manufacturer reported $0.43 EPS for the quarter, topping the consensus estimate of $0.41 by $0.02. Ford Motor had a net margin of 4.86% and a return on equity of 21.31%. The business had revenue of $41.96 billion for the quarter, compared to analysts’ expectations of $37.06 billion. During the same quarter last year, the company posted $0.39 earnings per share. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. analysts predict that Ford Motor will post 1.56 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 1st. Shareholders of record on Friday, April 20th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Thursday, April 19th. This represents a $0.60 dividend on an annualized basis and a yield of 5.19%. Ford Motor’s dividend payout ratio is currently 33.71%.

In other Ford Motor news, Director John C. Lechleiter purchased 5,000 shares of the business’s stock in a transaction dated Friday, May 11th. The shares were bought at an average price of $11.17 per share, with a total value of $55,850.00. Following the completion of the acquisition, the director now owns 34,400 shares in the company, valued at approximately $384,248. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.95% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. IFG Advisory LLC bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $463,000. Cedar Capital LLC bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $126,000. Certified Advisory Corp bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $124,000. Pinnacle Financial Partners Inc. bought a new stake in shares of Ford Motor during the first quarter valued at approximately $113,000. Finally, BRYN MAWR TRUST Co bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $129,000. 55.42% of the stock is currently owned by institutional investors.

Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.

Analyst Recommendations for Ford Motor (NYSE:F)

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