Ford Motor Company (NYSE:F) Given Average Recommendation of “Hold” by Analysts

Ford Motor Company (NYSE:F) has received an average recommendation of “Hold” from the sixteen brokerages that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $14.70.

Several analysts recently commented on the stock. Wells Fargo & Company increased their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research report on Thursday, June 25th. TD Cowen decreased their target price on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a report on Friday, May 1st. Citigroup upped their target price on shares of Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a research note on Monday, June 1st. UBS Group increased their price target on shares of Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a report on Monday, June 8th. Finally, The Goldman Sachs Group raised their price target on shares of Ford Motor from $13.00 to $16.00 and gave the company a “neutral” rating in a research report on Thursday, June 11th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Grove Bank & Trust boosted its position 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 valued at $25,000 after buying an additional 1,000 shares during the last quarter. MV Capital Management Inc. purchased a new position in Ford Motor in the 4th quarter worth about $25,000. Olistico Wealth LLC purchased a new position in Ford Motor in the 4th quarter worth about $26,000. McMillan Office Inc. bought a new position in Ford Motor during the 4th quarter valued at about $26,000. Finally, Legacy Wealth Managment LLC ID lifted its stake in Ford Motor by 108.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 1,230 shares during the period. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Performance

Shares of F opened at $13.35 on Monday. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 2.84. The stock has a market cap of $53.18 billion, a P/E ratio of -8.61, a P/E/G ratio of 0.29 and a beta of 1.82. The business’s 50 day moving average price is $13.97 and its 200-day moving average price is $13.37. Ford Motor has a 52 week low of $10.68 and a 52 week high of $17.78.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The firm had revenue of $43.25 billion for the quarter, compared to analysts’ expectations of $42.66 billion. During the same period in the prior year, the firm posted $0.14 earnings per share. The company’s quarterly revenue was up 6.4% on a year-over-year basis. Equities research analysts anticipate that Ford Motor will post 1.64 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were issued a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.5%. Ford Motor’s dividend payout ratio (DPR) is presently -38.71%.

Ford Motor Company Profile

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.