Jefferies Financial Group Reaffirms Buy Rating for Ford Motor (F)

Jefferies Financial Group reiterated their buy rating on shares of Ford Motor (NYSE:F) in a report published on Tuesday morning. They currently have a $11.00 target price on the auto manufacturer’s stock. Jefferies Financial Group also issued estimates for Ford Motor’s FY2018 earnings at $1.46 EPS, FY2019 earnings at $1.36 EPS and FY2020 earnings at $1.46 EPS.

Several other analysts also recently commented on the stock. Deutsche Bank assumed coverage on shares of Ford Motor in a report on Thursday, December 13th. They set a buy rating for the company. Goldman Sachs Group raised shares of Ford Motor from a neutral rating to a buy rating and lifted their target price for the stock from $9.00 to $12.00 in a report on Monday, October 29th. Morgan Stanley downgraded shares of Ford Motor from an overweight rating to an equal weight rating and reduced their target price for the stock from $14.00 to $10.00 in a report on Friday, October 19th. Barclays reduced their target price on shares of Ford Motor from $12.00 to $11.00 and set an equal weight rating for the company in a report on Wednesday, September 26th. Finally, Zacks Investment Research raised shares of Ford Motor from a strong sell rating to a hold rating in a report on Tuesday, October 30th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of $10.59.

F stock traded up $0.15 during midday trading on Tuesday, hitting $8.83. The company’s stock had a trading volume of 31,829,716 shares, compared to its average volume of 43,053,612. The company has a current ratio of 1.21, a quick ratio of 1.08 and a debt-to-equity ratio of 2.80. Ford Motor has a twelve month low of $7.41 and a twelve month high of $13.48. The firm has a market capitalization of $34.65 billion, a P/E ratio of 4.96, a PEG ratio of 1.27 and a beta of 0.90.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, October 24th. The auto manufacturer reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.01. The company had revenue of $34.66 billion for the quarter, compared to analyst estimates of $32.05 billion. Ford Motor had a net margin of 3.88% and a return on equity of 15.48%. During the same period in the previous year, the business earned $0.43 EPS. As a group, equities research analysts forecast that Ford Motor will post 1.35 EPS for the current fiscal year.

In other Ford Motor news, Director Ray T. Charley purchased 4,000 shares of the firm’s stock in a transaction on Monday, October 29th. The stock was purchased at an average cost of $12.90 per share, for a total transaction of $51,600.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.95% of the company’s stock.

Large investors have recently bought and sold shares of the company. Carroll Financial Associates Inc. raised its holdings in shares of Ford Motor by 4.7% in the fourth quarter. Carroll Financial Associates Inc. now owns 51,649 shares of the auto manufacturer’s stock valued at $428,000 after purchasing an additional 2,326 shares during the last quarter. Belpointe Asset Management LLC increased its holdings in Ford Motor by 8.6% during the third quarter. Belpointe Asset Management LLC now owns 34,045 shares of the auto manufacturer’s stock worth $315,000 after buying an additional 2,696 shares during the last quarter. Moody National Bank Trust Division increased its holdings in Ford Motor by 1.2% during the fourth quarter. Moody National Bank Trust Division now owns 267,911 shares of the auto manufacturer’s stock worth $2,050,000 after buying an additional 3,266 shares during the last quarter. Fulton Bank N.A. increased its holdings in Ford Motor by 19.2% during the fourth quarter. Fulton Bank N.A. now owns 21,757 shares of the auto manufacturer’s stock worth $167,000 after buying an additional 3,500 shares during the last quarter. Finally, Csenge Advisory Group purchased a new stake in Ford Motor during the third quarter worth about $42,000. 54.05% of the stock is currently owned by institutional investors.

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.

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Analyst Recommendations for Ford Motor (NYSE:F)

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