Ford Motor (F) Given Consensus Recommendation of “Hold” by Brokerages

Ford Motor (NYSE:F) has been assigned a consensus recommendation of “Hold” from the twenty-four analysts that are covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $12.95.

Several equities research analysts have recently commented on F shares. Royal Bank of Canada reiterated a “buy” rating and set a $13.00 price objective on shares of Ford Motor in a research note on Monday, September 18th. Vetr cut shares of Ford Motor from a “buy” rating to a “hold” rating and set a $12.34 target price for the company. in a report on Wednesday, September 27th. ValuEngine raised shares of Ford Motor from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Standpoint Research raised shares of Ford Motor from a “hold” rating to a “buy” rating in a report on Wednesday, October 4th. Finally, TheStreet raised shares of Ford Motor from a “c+” rating to a “b-” rating in a report on Thursday, October 5th.

Ford Motor (NYSE:F) traded down $0.07 during trading hours on Tuesday, hitting $13.08. 22,704,319 shares of the stock traded hands, compared to its average volume of 33,593,379. Ford Motor has a 1-year low of $10.47 and a 1-year high of $13.22. The company has a quick ratio of 1.08, a current ratio of 1.19 and a debt-to-equity ratio of 2.94. The firm has a market capitalization of $52,200.00, a P/E ratio of 11.89, a P/E/G ratio of 0.81 and a beta of 1.26.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 EPS 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 business had revenue of $33.65 billion during the quarter, compared to the consensus estimate of $32.80 billion. During the same period in the previous year, the firm posted $0.26 earnings per share. The business’s revenue for the quarter was up .9% compared to the same quarter last year. research analysts forecast that Ford Motor will post 1.81 earnings per share for the current fiscal year.

In other news, insider Steven R. Armstrong sold 10,752 shares of the business’s stock in a transaction dated Wednesday, December 6th. The shares were sold at an average price of $12.32, for a total transaction of $132,464.64. Following the completion of the sale, the insider now owns 101,159 shares of the company’s stock, valued at $1,246,278.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Hau N. Thai-Tang sold 18,000 shares of the business’s stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $13.00, for a total transaction of $234,000.00. Following the sale, the insider now directly owns 14,358 shares of the company’s stock, valued at approximately $186,654. The disclosure for this sale can be found here. Insiders sold 47,752 shares of company stock valued at $603,965 in the last ninety days. 1.08% of the stock is owned by corporate insiders.

Hedge funds have recently added to or reduced their stakes in the company. Coldstream Capital Management Inc. boosted its position in Ford Motor by 0.7% during the second quarter. Coldstream Capital Management Inc. now owns 12,205 shares of the auto manufacturer’s stock worth $137,000 after acquiring an additional 89 shares during the last quarter. Balentine LLC boosted its position in Ford Motor by 4.0% during the second quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock worth $106,000 after acquiring an additional 365 shares during the last quarter. Cutter & CO Brokerage Inc. boosted its position in Ford Motor by 2.6% during the second quarter. Cutter & CO Brokerage Inc. now owns 24,249 shares of the auto manufacturer’s stock worth $271,000 after acquiring an additional 604 shares during the last quarter. Arete Wealth Advisors LLC boosted its position in Ford Motor by 3.6% during the second quarter. Arete Wealth Advisors LLC now owns 17,707 shares of the auto manufacturer’s stock worth $198,000 after acquiring an additional 622 shares during the last quarter. Finally, Hudock Capital Group LLC boosted its position in Ford Motor by 4.5% during the second quarter. Hudock Capital Group LLC now owns 14,836 shares of the auto manufacturer’s stock worth $166,000 after acquiring an additional 643 shares during the last quarter. 53.61% of the stock is owned by institutional investors and hedge funds.

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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)

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