Ford Motor (NYSE:F) was downgraded by stock analysts at Cascend Securities to a “buy” rating in a research report issued to clients and investors on Tuesday.

Several other analysts also recently commented on F. BidaskClub downgraded shares of Ford Motor from a “sell” rating to a “strong sell” rating in a report on Thursday, August 10th. Morgan Stanley restated an “equal weight” rating on shares of Ford Motor in a research report on Tuesday, November 28th. Vetr lowered shares of Ford Motor from a “buy” rating to a “hold” rating and set a $12.34 price target for the company. in a research report on Wednesday, September 27th. ValuEngine upgraded shares of Ford Motor from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Instinet lowered shares of Ford Motor from a “buy” rating to a “neutral” rating and reduced their price target for the company from $14.80 to $11.60 in a research report on Wednesday, August 9th. Two analysts have rated the stock with a sell rating, fifteen have given a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $12.61.

Ford Motor (F) traded down $0.08 on Tuesday, reaching $12.35. 10,199,730 shares of the company’s stock traded hands, compared to its average volume of 37,757,023. The company has a debt-to-equity ratio of 2.94, a quick ratio of 1.08 and a current ratio of 1.19. Ford Motor has a 1 year low of $10.47 and a 1 year high of $13.27. The firm has a market capitalization of $50,170.18, a P/E ratio of 7.52, a price-to-earnings-growth ratio of 0.65 and a beta of 1.24.

Ford Motor (NYSE:F) last released its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.10. Ford Motor had a net margin of 2.91% and a return on equity of 21.62%. The firm had revenue of $33.65 billion for the quarter, compared to the consensus estimate of $32.80 billion. During the same quarter in the prior year, the company posted $0.26 earnings per share. The business’s revenue was up .9% on a year-over-year basis. analysts forecast that Ford Motor will post 1.81 earnings per share for the current year.

In other Ford Motor news, insider James D. Farley, Jr. sold 25,000 shares of Ford Motor stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $11.40, for a total transaction of $285,000.00. Following the transaction, the insider now directly owns 403,411 shares of the company’s stock, valued at $4,598,885.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Hau N. Thai-Tang sold 19,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $12.50, for a total transaction of $237,500.00. The disclosure for this sale can be found here. Insiders sold 91,076 shares of company stock worth $1,095,580 over the last ninety days. 1.08% of the stock is currently owned by insiders.

Several institutional investors have recently modified their holdings of F. Schwab Charles Investment Management Inc. boosted its holdings in Ford Motor by 8.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 14,616,542 shares of the auto manufacturer’s stock valued at $163,560,000 after acquiring an additional 1,193,656 shares in the last quarter. Candriam Luxembourg S.C.A. boosted its holdings in Ford Motor by 10.0% in the second quarter. Candriam Luxembourg S.C.A. now owns 348,886 shares of the auto manufacturer’s stock valued at $3,904,000 after acquiring an additional 31,715 shares in the last quarter. BlueMountain Capital Management LLC boosted its holdings in Ford Motor by 92.9% in the second quarter. BlueMountain Capital Management LLC now owns 198,047 shares of the auto manufacturer’s stock valued at $2,216,000 after acquiring an additional 95,361 shares in the last quarter. Pzena Investment Management LLC boosted its holdings in Ford Motor by 6.7% in the third quarter. Pzena Investment Management LLC now owns 25,409,816 shares of the auto manufacturer’s stock valued at $304,155,000 after acquiring an additional 1,597,098 shares in the last quarter. Finally, Advisors Capital Management LLC boosted its holdings in Ford Motor by 21.2% in the third quarter. Advisors Capital Management LLC now owns 483,120 shares of the auto manufacturer’s stock valued at $5,783,000 after acquiring an additional 84,375 shares in the last quarter. Hedge funds and other institutional investors own 53.78% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Ford Motor (F) Downgraded by Cascend Securities to Buy” was first published by American Banking News and is owned by of American Banking News. If you are reading this story on another website, it was illegally stolen and reposted in violation of US and international copyright legislation. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/12/06/ford-motor-f-downgraded-by-cascend-securities-to-buy.html.

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.

Analyst Recommendations for Ford Motor (NYSE:F)

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.