Ford Motor (F) Stock Rating Upgraded by Vetr

Ford Motor (NYSE:F) was upgraded by investment analysts at Vetr from a “buy” rating to a “strong-buy” rating in a research report issued on Friday. The brokerage presently has a $13.14 price objective on the auto manufacturer’s stock. Vetr‘s price objective suggests a potential upside of 12.79% from the stock’s current price.

A number of other research firms have also recently commented on F. Zacks Investment Research raised Ford Motor from a “hold” rating to a “buy” rating and set a $15.00 target price on the stock in a research note on Tuesday, January 9th. Royal Bank of Canada reissued a “hold” rating and issued a $14.00 target price on shares of Ford Motor in a research note on Wednesday, December 20th. ValuEngine raised Ford Motor from a “hold” rating to a “buy” rating in a research note on Friday, December 1st. Cascend Securities downgraded Ford Motor to a “buy” rating in a report on Tuesday, December 5th. Finally, Standpoint Research raised Ford Motor from a “hold” rating to a “buy” rating in a report on Wednesday, October 4th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock. Ford Motor has an average rating of “Hold” and an average target price of $12.66.

Shares of Ford Motor (F) traded up $0.08 during mid-day trading on Friday, reaching $11.65. The company had a trading volume of 52,441,295 shares, compared to its average volume of 42,150,000. Ford Motor has a 12 month low of $10.47 and a 12 month high of $13.48. The stock has a market capitalization of $46,280.00, a PE ratio of 6.13, a price-to-earnings-growth ratio of 0.69 and a beta of 1.26. The company has a debt-to-equity ratio of 2.94, a quick ratio of 1.08 and a current ratio of 1.23.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, January 24th. The auto manufacturer reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.03). Ford Motor had a return on equity of 21.71% and a net margin of 4.85%. The company had revenue of $38.50 billion during the quarter, compared to analysts’ expectations of $36.96 billion. During the same period in the prior year, the company posted $0.30 earnings per share. The company’s revenue was up 6.9% on a year-over-year basis. equities research analysts predict that Ford Motor will post 1.57 earnings per share for the current year.

In other Ford Motor news, insider Hau N. Thai-Tang sold 18,000 shares of the company’s stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $13.00, for a total value of $234,000.00. Following the completion of the sale, the insider now owns 14,358 shares in the company, valued at $186,654. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Steven R. Armstrong sold 10,752 shares of the company’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $12.32, for a total value of $132,464.64. Following the completion of the sale, the insider now owns 101,159 shares of the company’s stock, valued at approximately $1,246,278.88. The disclosure for this sale can be found here. In the last three months, insiders sold 47,752 shares of company stock worth $603,965. 1.08% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of F. BlueMountain Capital Management LLC grew its position in shares of Ford Motor by 92.9% during the second quarter. BlueMountain Capital Management LLC now owns 198,047 shares of the auto manufacturer’s stock worth $2,216,000 after purchasing an additional 95,361 shares in the last quarter. Pzena Investment Management LLC grew its position in shares of Ford Motor by 6.7% during the third quarter. Pzena Investment Management LLC now owns 25,409,816 shares of the auto manufacturer’s stock worth $304,155,000 after purchasing an additional 1,597,098 shares in the last quarter. Advisors Capital Management LLC grew its position in shares of Ford Motor by 21.2% during the third quarter. Advisors Capital Management LLC now owns 483,120 shares of the auto manufacturer’s stock worth $5,783,000 after purchasing an additional 84,375 shares in the last quarter. Chevy Chase Trust Holdings Inc. grew its position in shares of Ford Motor by 1.7% during the third quarter. Chevy Chase Trust Holdings Inc. now owns 3,748,158 shares of the auto manufacturer’s stock worth $44,865,000 after purchasing an additional 64,036 shares in the last quarter. Finally, Strs Ohio grew its position in shares of Ford Motor by 3.8% during the third quarter. Strs Ohio now owns 3,416,273 shares of the auto manufacturer’s stock worth $40,892,000 after purchasing an additional 125,660 shares in the last quarter. Institutional investors and hedge funds own 54.08% of the company’s stock.

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About Ford Motor

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.

To view Vetr’s full report, visit Vetr’s official website.

Analyst Recommendations for Ford Motor (NYSE:F)

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