Ford Motor (F) – Analysts’ Recent Ratings Changes

A number of firms have modified their ratings and price targets on shares of Ford Motor (NYSE: F) recently:

  • 1/10/2019 – Ford Motor was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Ford has plans to launch 50 new or redesigned vehicles by 2025 and eliminate the loss-making car models from the portfolio. Further, the company is launching products under the SUVs, trucks and crossover segments that are anticipated to tap the growing demand. It also working to develop autonomous vehicle technology and mobility solutions. However, frequent vehicles recall to fix safety issues, which is adding to its expenses and is also reducing consumers’ confidence in a brand. Also, softening market conditions in China and Europe are concerns. Over the past three months, shares of Ford have underperformed the industry it belongs to.”
  • 1/9/2019 – Ford Motor was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $9.25 price target on the stock. According to Zacks, “Ford has plans to launch 50 new or redesigned vehicles by 2025 and eliminate the loss-making car models from the portfolio. Further, the company is launching products under the SUVs, trucks and crossover segments that are anticipated to tap the growing demand. It also working to develop autonomous vehicle technology and mobility solutions. Over the past months, shares of Ford have outperformed the industry it belongs to.”
  • 1/8/2019 – Ford Motor had its “buy” rating reaffirmed by analysts at Jefferies Financial Group Inc. They now have a $11.00 price target on the stock.
  • 1/7/2019 – Ford Motor had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $8.50 price target on the stock.
  • 1/4/2019 – Ford Motor was given a new $9.00 price target on by analysts at Barclays PLC. They now have a “hold” rating on the stock.
  • 1/3/2019 – Ford Motor was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Over the past three months, shares of Ford underperformed the industry it belongs to. Also, the Zacks Consensus Estimates for the current year earnings have declined over the past two months. The company announced that it is mulling over downsizing its to lower costs for enhancing efficiency and jacking up its stock price. The company has been making frequent vehicles recalls to fix safety issues, which is adding to its expenses and is also reducing consumers’ confidence in a brand. Moreover, though the company’s investment for the production of its next generation cars can be beneficial in the long-run but are likely to create short-term strains on the financials of the company. Also, automotive segment’s profit before tax declined year over year due to high commodity prices and higher warranty costs.”
  • 1/2/2019 – Ford Motor was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 12/13/2018 – Ford Motor is now covered by analysts at Deutsche Bank AG. They set a “buy” rating on the stock.

F stock opened at $8.82 on Monday. Ford Motor has a 52-week low of $7.41 and a 52-week high of $13.48. The stock has a market cap of $34.65 billion, a price-to-earnings ratio of 4.96, a P/E/G ratio of 1.27 and a beta of 0.90. The company has a debt-to-equity ratio of 2.80, a current ratio of 1.21 and a quick ratio of 1.08.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, October 24th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.01. The business had revenue of $34.66 billion for the quarter, compared to analysts’ expectations of $32.05 billion. Ford Motor had a net margin of 3.88% and a return on equity of 15.48%. During the same quarter in the previous year, the firm posted $0.43 EPS. On average, analysts forecast that Ford Motor will post 1.35 EPS for the current year.

In related news, Director Ray T. Charley purchased 4,000 shares of the firm’s stock in a transaction that occurred on Monday, October 29th. The stock was bought at an average cost of $12.90 per share, with a total value of $51,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.95% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. Newport Trust Co boosted its stake in shares of Ford Motor by 1.1% during the 3rd quarter. Newport Trust Co now owns 186,611,338 shares of the auto manufacturer’s stock worth $1,726,155,000 after purchasing an additional 2,052,203 shares during the period. Franklin Resources Inc. increased its stake in Ford Motor by 194.8% during the 3rd quarter. Franklin Resources Inc. now owns 62,573,799 shares of the auto manufacturer’s stock valued at $578,807,000 after purchasing an additional 41,346,111 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Ford Motor by 0.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 39,672,426 shares of the auto manufacturer’s stock valued at $366,957,000 after purchasing an additional 224,192 shares in the last quarter. Greenhaven Associates Inc. increased its stake in Ford Motor by 1.0% during the 3rd quarter. Greenhaven Associates Inc. now owns 33,038,548 shares of the auto manufacturer’s stock valued at $305,607,000 after purchasing an additional 316,000 shares in the last quarter. Finally, LSV Asset Management increased its stake in Ford Motor by 3.6% during the 3rd quarter. LSV Asset Management now owns 25,176,893 shares of the auto manufacturer’s stock valued at $232,886,000 after purchasing an additional 879,400 shares in the last quarter. Hedge funds and other institutional investors own 54.05% of the company’s stock.

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.

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