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

Shares of Ford Motor (NYSE:F) have received a consensus rating of “Hold” from the twenty-one analysts that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $10.99.

Several research firms have commented on F. Zacks Investment Research upgraded Ford Motor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 30th. Guggenheim reiterated a “hold” rating and set a $11.50 price objective on shares of Ford Motor in a research note on Friday, July 27th. Buckingham Research cut their price objective on Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a research note on Thursday, October 25th. Nomura cut their price objective on Ford Motor from $9.00 to $8.10 and set a “neutral” rating for the company in a research note on Tuesday, October 30th. Finally, ValuEngine upgraded Ford Motor from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 31st.

In related news, Director Ray T. Charley bought 4,000 shares of the stock in a transaction dated Monday, October 29th. The shares were acquired at an average cost of $12.90 per share, for a total transaction of $51,600.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Steven R. Armstrong sold 13,000 shares of the business’s stock in a transaction that occurred on Monday, September 24th. The stock was sold at an average price of $9.54, for a total value of $124,020.00. Following the transaction, the vice president now owns 94,527 shares in the company, valued at $901,787.58. The disclosure for this sale can be found here. Insiders own 0.95% of the company’s stock.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Newport Trust Co lifted its stake in Ford Motor by 1.1% during the third quarter. Newport Trust Co now owns 186,611,338 shares of the auto manufacturer’s stock worth $1,726,155,000 after purchasing an additional 2,052,203 shares in the last quarter. Canada Pension Plan Investment Board lifted its stake in Ford Motor by 238.7% during the third quarter. Canada Pension Plan Investment Board now owns 4,997,027 shares of the auto manufacturer’s stock worth $46,222,000 after purchasing an additional 3,521,838 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its stake in Ford Motor by 102.0% during the third quarter. DekaBank Deutsche Girozentrale now owns 847,398 shares of the auto manufacturer’s stock worth $8,329,000 after purchasing an additional 427,792 shares in the last quarter. Ontario Teachers Pension Plan Board lifted its stake in Ford Motor by 7.5% during the third quarter. Ontario Teachers Pension Plan Board now owns 722,401 shares of the auto manufacturer’s stock worth $6,682,000 after purchasing an additional 50,498 shares in the last quarter. Finally, CIBC World Markets Inc. lifted its stake in Ford Motor by 37.1% during the third quarter. CIBC World Markets Inc. now owns 918,157 shares of the auto manufacturer’s stock worth $8,493,000 after purchasing an additional 248,631 shares in the last quarter. Hedge funds and other institutional investors own 54.14% of the company’s stock.

Shares of Ford Motor stock traded down $0.08 on Monday, hitting $9.38. The company’s stock had a trading volume of 52,202,471 shares, compared to its average volume of 58,129,960. The company has a quick ratio of 1.08, a current ratio of 1.21 and a debt-to-equity ratio of 2.80. Ford Motor has a 1 year low of $8.17 and a 1 year high of $13.48. The firm has a market cap of $38.14 billion, a PE ratio of 5.27, a P/E/G ratio of 1.35 and a beta of 0.68.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, October 24th. The auto manufacturer reported $0.29 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.28 by $0.01. Ford Motor had a return on equity of 15.48% and a net margin of 3.88%. The firm had revenue of $34.66 billion during the quarter, compared to analyst estimates of $32.05 billion. During the same quarter in the previous year, the business earned $0.43 EPS. On average, sell-side analysts expect that Ford Motor will post 1.34 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Tuesday, October 23rd will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.40%. The ex-dividend date of this dividend is Monday, October 22nd. Ford Motor’s dividend payout ratio is currently 33.71%.

About Ford Motor

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.

See Also: Short Selling Stocks and Day Traders

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.

Leave a Reply