Ford Motor Lowered to “Hold” at Jefferson Research (F)
Ford Motor (NYSE:F) was downgraded by research analysts at Jefferson Research from a “buy” rating to a “hold” rating in a report released on Friday, StockRatingsNetwork reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at TheStreet reiterated a “buy” rating on shares of Ford Motor in a research note on Tuesday, February 11th. Separately, analysts at Erste Group downgraded shares of Ford Motor to a “hold” rating in a research note on Friday, February 7th. Finally, analysts at Argus downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Thursday, February 6th. Eleven analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. Ford Motor currently has a consensus rating of “Buy” and a consensus price target of $19.23.
Ford Motor (NYSE:F) traded down 0.67% on Friday, hitting $15.167. 12,431,085 shares of the company’s stock traded hands. Ford Motor has a 52-week low of $12.10 and a 52-week high of $18.02. The stock has a 50-day moving average of $15.55 and a 200-day moving average of $16.51. The company has a market cap of $59.825 billion and a P/E ratio of 8.67.
Ford Motor (NYSE:F) last posted its quarterly earnings results on Tuesday, January 28th. The company reported $0.31 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.29 by $0.02. The company had revenue of $36.30 billion for the quarter, compared to the consensus estimate of $35.40 billion. During the same quarter last year, the company posted $0.31 earnings per share. Ford Motor’s revenue was up 3.2% compared to the same quarter last year. Analysts expect that Ford Motor will post $1.36 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, March 3rd. Investors of record on Friday, January 31st will be paid a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 3.27%. The ex-dividend date is Wednesday, January 29th. This is an increase from Ford Motor’s previous quarterly dividend of $0.10.
Ford Motor Company (NYSE:F) operates in the global automotive industry.
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