Ford Motor (NYSE:F) Price Target Raised to $17.00

Ford Motor (NYSE:F) had its price objective raised by Piper Sandler from $16.00 to $17.00 in a research report report published on Wednesday,Benzinga reports. The firm currently has an overweight rating on the auto manufacturer’s stock.

Several other brokerages also recently issued reports on F. TD Cowen cut their price objective on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, May 1st. The Goldman Sachs Group increased their target price on Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a research note on Thursday, June 11th. UBS Group boosted their price target on Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Zacks Research raised Ford Motor from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and an average target price of $15.68.

Ford Motor Price Performance

NYSE:F opened at $14.70 on Wednesday. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.94 and a current ratio of 1.09. The stock’s 50-day simple moving average is $14.55 and its 200 day simple moving average is $13.47. The company has a market cap of $58.56 billion, a P/E ratio of -7.86, a P/E/G ratio of 0.37 and a beta of 1.82. Ford Motor has a 52-week low of $10.68 and a 52-week high of $17.78.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. The firm had revenue of $48.30 billion during the quarter, compared to analysts’ expectations of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The company’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.37 earnings per share. As a group, sell-side analysts forecast that Ford Motor will post 1.72 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid a $0.15 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.60 annualized dividend and a yield of 4.1%. Ford Motor’s dividend payout ratio is presently -32.09%.

Institutional Trading of Ford Motor

A number of hedge funds have recently made changes to their positions in the company. MV Capital Management Inc. acquired a new position in Ford Motor in the 4th quarter valued at approximately $25,000. McMillan Office Inc. bought a new position in shares of Ford Motor during the fourth quarter valued at $26,000. Johnson Financial Group Inc. lifted its holdings in shares of Ford Motor by 55.4% during the third quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after purchasing an additional 837 shares during the period. Legacy Wealth Managment LLC ID lifted its holdings in shares of Ford Motor by 108.4% during the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 1,230 shares during the period. Finally, Garton & Associates Financial Advisors LLC bought a new stake in shares of Ford Motor in the fourth quarter worth $32,000. 58.74% of the stock is owned by institutional investors and hedge funds.

More Ford Motor News

Here are the key news stories impacting Ford Motor this week:

• Positive Sentiment: Profit beat supports the stock: Ford reported quarterly earnings of $0.42 per share, exceeding the $0.33 analyst consensus, while revenue of $48.30 billion also topped expectations. The earnings beat outweighed the year-over-year revenue decline and has been a key reason for the stock’s recent increase. Why Ford Stock Is Up Today
• Positive Sentiment: Analyst sentiment is improving modestly: DZ Bank upgraded Ford from “sell” to “hold” and set a $16 price target, implying approximately 9% potential upside from the recently cited share price. JPMorgan, TD Cowen and Piper Sandler also reportedly forecast further appreciation. Ford Analyst Upgrade
• Positive Sentiment: Defense business offers diversification: Ford secured its largest U.S. Army truck contract since the Cold War, involving F-Series-based tactical truck prototypes. The program could provide an additional revenue opportunity beyond conventional vehicle sales. Ford Lands Army Truck Contract
• Neutral Sentiment: Brokerage consensus remains cautious: Ford has an average “hold” recommendation, while BNP Paribas Exane raised its target from $14 to $14.50 but maintained a neutral rating. BNP Paribas Exane Ford Target
• Neutral Sentiment: Unusually large options activity may increase trading volatility, but the available report does not establish whether investors were betting bullishly or bearishly. Ford Options Trading
• Negative Sentiment: EV momentum appears to be weakening: Ford and General Motors are reportedly discussing electric vehicles less frequently with investors after previously committing billions of dollars to EV initiatives. This may reinforce concerns about strategy, demand and the returns on Ford’s EV investments. GM and Ford EV Strategy
• Negative Sentiment: Analysts and commentators remain skeptical of Ford’s attempts to diversify beyond automobiles, citing the automaker’s mixed track record with such initiatives. Ford Diversification Concerns
• Negative Sentiment: CEO Jim Farley warned employees that Chinese automakers could enter the U.S. market within five to ten years, highlighting a longer-term competitive threat despite current trade barriers. Ford CEO on Chinese Competition

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.