Ford Motor Company (F) Rating Reiterated by Royal Bank Of Canada
Ford Motor Company (NYSE:F)‘s stock had its “buy” rating reissued by Royal Bank Of Canada in a research report issued on Tuesday.
A number of other equities analysts also recently weighed in on F. Zacks Investment Research raised Ford Motor from a “strong sell” rating to a “hold” rating in a research report on Monday, April 24th. Nomura reaffirmed a “buy” rating and set a $14.80 price target on shares of Ford Motor in a research report on Tuesday, May 2nd. Jefferies Group LLC reaffirmed a “hold” rating and set a $12.00 price target on shares of Ford Motor in a research report on Monday, May 22nd. Deutsche Bank AG reaffirmed a “hold” rating and set a $14.00 price target on shares of Ford Motor in a research report on Wednesday, May 24th. Finally, Vetr downgraded Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.45 price target for the company. in a research report on Wednesday, May 31st. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. Ford Motor currently has an average rating of “Hold” and a consensus price target of $12.60.
Ford Motor (F) traded down 0.64% during mid-day trading on Tuesday, hitting $10.84. 28,614,985 shares of the company traded hands. Ford Motor has a one year low of $10.67 and a one year high of $13.27. The company’s 50-day moving average price is $11.24 and its 200 day moving average price is $11.57. The company has a market capitalization of $43.05 billion, a price-to-earnings ratio of 11.41 and a beta of 1.11.
Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.13. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The firm had revenue of $36.93 billion during the quarter, compared to the consensus estimate of $37.22 billion. During the same quarter in the prior year, the firm posted $0.52 EPS. The business’s revenue was down .5% on a year-over-year basis. On average, analysts anticipate that Ford Motor will post $1.76 earnings per share for the current fiscal year.
ILLEGAL ACTIVITY WARNING: “Ford Motor Company (F) Rating Reiterated by Royal Bank Of Canada” was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this story can be viewed at https://www.americanbankingnews.com/2017/08/15/ford-motor-company-f-rating-reiterated-by-royal-bank-of-canada.html.
In other Ford Motor news, VP John T. Lawler sold 80,624 shares of the stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of $11.00, for a total transaction of $886,864.00. Following the transaction, the vice president now owns 10 shares in the company, valued at approximately $110. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider James D. Farley, Jr. sold 25,000 shares of the stock in a transaction on Monday, June 12th. The stock was sold at an average price of $11.16, for a total value of $279,000.00. Following the transaction, the insider now owns 428,411 shares in the company, valued at approximately $4,781,066.76. The disclosure for this sale can be found here. 1.08% of the stock is currently owned by corporate insiders.
A number of hedge funds and other institutional investors have recently bought and sold shares of F. BlackRock Inc. raised its stake in Ford Motor by 2,991.4% in the first quarter. BlackRock Inc. now owns 229,005,290 shares of the auto manufacturer’s stock valued at $2,665,619,000 after buying an additional 221,597,419 shares during the period. Pzena Investment Management LLC raised its stake in Ford Motor by 38.4% in the second quarter. Pzena Investment Management LLC now owns 23,812,718 shares of the auto manufacturer’s stock valued at $266,464,000 after buying an additional 6,611,425 shares during the period. Vanguard Group Inc. raised its stake in Ford Motor by 2.3% in the first quarter. Vanguard Group Inc. now owns 261,930,050 shares of the auto manufacturer’s stock valued at $3,048,866,000 after buying an additional 6,013,577 shares during the period. Franklin Resources Inc. raised its stake in Ford Motor by 5.7% in the second quarter. Franklin Resources Inc. now owns 87,703,958 shares of the auto manufacturer’s stock valued at $981,407,000 after buying an additional 4,706,379 shares during the period. Finally, Morgan Stanley raised its stake in Ford Motor by 11.5% in the first quarter. Morgan Stanley now owns 39,103,837 shares of the auto manufacturer’s stock valued at $455,168,000 after buying an additional 4,040,717 shares during the period. Hedge funds and other institutional investors own 55.38% of the company’s stock.
Ford Motor Company Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
Receive News & Ratings for Ford Motor Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor Company and related companies with MarketBeat.com's FREE daily email newsletter.