Ford Motor (NYSE:F) Lowered to “Sell” Rating by Wall Street Zen

Ford Motor (NYSE:F) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “sell” rating in a report issued on Saturday.

Several other equities research analysts also recently weighed in on F. Piper Sandler upgraded Ford Motor from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $11.00 to $16.00 in a report on Thursday, January 8th. HSBC boosted their price objective on Ford Motor from $9.80 to $12.80 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. Morgan Stanley raised their target price on shares of Ford Motor from $11.00 to $14.00 and gave the company an “equal weight” rating in a report on Monday, December 8th. Barclays lifted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Friday, January 23rd. Finally, UBS Group raised their price objective on shares of Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $13.02.

Ford Motor Price Performance

Ford Motor stock opened at $14.10 on Friday. The firm has a market cap of $56.16 billion, a PE ratio of -6.84, a price-to-earnings-growth ratio of 5.93 and a beta of 1.66. Ford Motor has a 52-week low of $8.44 and a 52-week high of $14.50. The company has a quick ratio of 0.98, a current ratio of 1.07 and a debt-to-equity ratio of 2.95. The company’s 50 day moving average is $13.62 and its two-hundred day moving average is $12.66.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Tuesday, February 10th. The auto manufacturer reported $0.13 EPS for the quarter, topping the consensus estimate of $0.06 by $0.07. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The business had revenue of $45.89 billion during the quarter, compared to the consensus estimate of $41.78 billion. During the same quarter in the previous year, the firm posted $0.39 earnings per share. The company’s quarterly revenue was down 4.8% compared to the same quarter last year. On average, research analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently bought and sold shares of F. Corsicana & Co. acquired a new stake in Ford Motor during the 3rd quarter worth approximately $25,000. Grove Bank & Trust raised its stake in shares of Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,000 shares during the last quarter. Olistico Wealth LLC purchased a new stake in shares of Ford Motor during the fourth quarter worth approximately $26,000. McMillan Office Inc. purchased a new position in Ford Motor in the 4th quarter valued at $26,000. Finally, Country Trust Bank acquired a new position in Ford Motor in the 2nd quarter valued at $27,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.