Ford Motor (NYSE:F) Receives $12.95 Consensus PT from Analysts

by · The Markets Daily

Ford Motor (NYSE:F – Get Free Report) has been assigned an average recommendation of “Hold” from the fifteen brokerages that are covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $12.64.

Several analysts have recently weighed in on F shares. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Barclays dropped their target price on Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a research report on Thursday, July 25th. Evercore ISI raised Ford Motor to a “hold” rating in a report on Friday, July 26th. The Goldman Sachs Group cut their price objective on Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research report on Thursday, July 25th. Finally, Wells Fargo & Company lowered their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th.

Check Out Our Latest Research Report on F

Ford Motor Stock Down 2.0 %

Ford Motor stock opened at $10.56 on Tuesday. The stock has a 50 day moving average of $10.80 and a two-hundred day moving average of $11.97. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The stock has a market capitalization of $42.16 billion, a price-to-earnings ratio of 10.89, a PEG ratio of 0.79 and a beta of 1.62. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30.

Ford Motor (NYSE:F – Get Free Report) last issued its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.21). The company had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. Ford Motor’s revenue for the quarter was up 6.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.72 earnings per share. As a group, research analysts expect that Ford Motor will post 1.88 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Hedge Funds Weigh In On Ford Motor

Hedge funds have recently made changes to their positions in the business. Olistico Wealth LLC acquired a new position in shares of Ford Motor during the second quarter worth $25,000. Financial Synergies Wealth Advisors Inc. grew its holdings in Ford Motor by 1,997.9% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,938 shares in the last quarter. Family Firm Inc. purchased a new stake in Ford Motor during the 2nd quarter worth $26,000. Quarry LP acquired a new position in Ford Motor in the 2nd quarter worth $27,000. Finally, Fortis Group Advisors LLC boosted its position in Ford Motor by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after buying an additional 1,086 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Company Profile

(Get Free Report

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

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