Ford Motor (F) Earns Equal Weight Rating from Morgan Stanley
Several other equities analysts have also commented on F. BidaskClub lowered Ford Motor from a sell rating to a strong sell rating in a research report on Thursday, August 10th. Royal Bank Of Canada reaffirmed a buy rating and issued a $13.00 target price on shares of Ford Motor in a research report on Monday, September 18th. Vetr lowered Ford Motor from a strong-buy rating to a buy rating and set a $12.54 target price on the stock. in a research report on Monday, September 4th. Zacks Investment Research raised Ford Motor from a hold rating to a buy rating and set a $14.00 target price on the stock in a research report on Tuesday, October 31st. Finally, Citigroup upped their target price on Ford Motor from $12.00 to $13.00 and gave the company a neutral rating in a research report on Monday, October 30th. Two research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of $12.61.
Ford Motor (F) opened at $12.52 on Tuesday. The firm has a market cap of $49,770.00, a price-to-earnings ratio of 7.27, a P/E/G ratio of 0.63 and a beta of 1.25. Ford Motor has a 52 week low of $10.47 and a 52 week high of $13.27. The company has a debt-to-equity ratio of 2.94, a quick ratio of 1.08 and a current ratio of 1.19.
Ford Motor (NYSE:F) last issued its quarterly earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, topping the 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 company had revenue of $33.65 billion during the quarter, compared to analyst estimates of $32.80 billion. During the same quarter in the previous year, the firm earned $0.26 EPS. The firm’s revenue was up .9% compared to the same quarter last year. equities analysts predict that Ford Motor will post 1.81 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, October 23rd will be issued a $0.15 dividend. The ex-dividend date of this dividend is Friday, October 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.79%. Ford Motor’s dividend payout ratio (DPR) is 54.55%.
In related news, insider Steven R. Armstrong sold 22,076 shares of the business’s stock in a transaction that occurred on Wednesday, October 4th. The stock was sold at an average price of $12.37, for a total value of $273,080.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Hau N. Thai-Tang sold 19,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $12.50, for a total value of $237,500.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 156,076 shares of company stock worth $1,836,680. 1.08% of the stock is owned by company insiders.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in F. Captrust Financial Advisors acquired a new stake in Ford Motor during the 2nd quarter worth about $106,000. Balentine LLC lifted 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 valued at $106,000 after purchasing an additional 365 shares during the period. Archford Capital Strategies LLC lifted its position in Ford Motor by 7.8% during the first quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after purchasing an additional 676 shares during the period. Reilly Financial Advisors LLC increased its stake in shares of Ford Motor by 1.5% in the second quarter. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer’s stock worth $110,000 after purchasing an additional 150 shares in the last quarter. Finally, Kelman Lazarov Inc. purchased a new stake in shares of Ford Motor in the second quarter worth $116,000. Institutional investors and hedge funds own 53.78% of the company’s stock.
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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.
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