Ford Motor Company (NYSE:F) Receives $13.66 Average Price Target from Brokerages

Shares of Ford Motor Company (NYSE:F) have been given a consensus recommendation of “Hold” by the seventeen research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $13.6643.

A number of equities analysts have issued reports on F shares. TD Cowen cut their price objective on shares of Ford Motor from $15.00 to $14.00 and set a “hold” rating on the stock in a report on Wednesday, April 15th. JPMorgan Chase & Co. boosted their price objective on Ford Motor from $14.00 to $15.00 and gave the company an “overweight” rating in a research note on Wednesday, January 21st. Weiss Ratings restated a “buy (b)” rating on shares of Ford Motor in a research note on Friday, March 27th. Barclays boosted their price objective on Ford Motor from $12.00 to $13.00 and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Finally, UBS Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Tuesday, April 14th.

Ford Motor Stock Performance

NYSE:F opened at $12.39 on Wednesday. The company has a fifty day moving average of $12.48 and a 200-day moving average of $12.96. The firm has a market capitalization of $49.42 billion, a P/E ratio of -6.01, a P/E/G ratio of 0.29 and a beta of 1.70. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 2.95. Ford Motor has a twelve month low of $9.86 and a twelve month high of $14.80.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.07. The company had revenue of $45.89 billion during the quarter, compared to analyst estimates of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. Ford Motor’s revenue for the quarter was down 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.39 EPS. As a group, sell-side analysts anticipate that Ford Motor will post 1.5 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were given a dividend of $0.15 per share. The ex-dividend date was Friday, February 13th. This represents a $0.60 annualized dividend and a dividend yield of 4.8%. Ford Motor’s dividend payout ratio is currently -29.13%.

Insider Buying and Selling at Ford Motor

In related news, insider William Clay Ford, Jr. purchased 140,000 shares of the firm’s stock in a transaction dated Thursday, February 19th. The shares were purchased at an average cost of $13.82 per share, for a total transaction of $1,934,800.00. Following the completion of the transaction, the insider directly owned 3,912,600 shares in the company, valued at approximately $54,072,132. This represents a 3.71% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 0.63% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Ford Motor

Hedge funds and other institutional investors have recently modified their holdings of the stock. Stock Yards Bank & Trust Co. increased its position in shares of Ford Motor by 41.4% in the first quarter. Stock Yards Bank & Trust Co. now owns 19,233 shares of the auto manufacturer’s stock worth $222,000 after purchasing an additional 5,633 shares during the last quarter. Capital Asset Advisory Services LLC bought a new position in shares of Ford Motor in the first quarter worth approximately $137,000. Essex Financial Services Inc. increased its position in shares of Ford Motor by 11.8% in the first quarter. Essex Financial Services Inc. now owns 38,571 shares of the auto manufacturer’s stock worth $445,000 after purchasing an additional 4,078 shares during the last quarter. Semus Wealth Partners LLC bought a new position in shares of Ford Motor in the first quarter worth approximately $127,000. Finally, USS Investment Management Ltd increased its position in shares of Ford Motor by 8.2% in the first quarter. USS Investment Management Ltd now owns 408,172 shares of the auto manufacturer’s stock worth $4,700,000 after purchasing an additional 30,825 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

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.