DZ Bank upgraded shares of Ford Motor (NYSE:F – Free Report) from a sell rating to a hold rating in a research note published on Friday, MarketBeat reports. The brokerage currently has $16.00 price target on the auto manufacturer’s stock.
Other analysts have also issued research reports about the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research report on Wednesday, June 24th. Royal Bank Of Canada raised their target price on shares of Ford Motor from $13.00 to $15.00 and gave the company a “sector perform” rating in a research report on Wednesday. Barclays lifted their price target on shares of Ford Motor from $13.00 to $14.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Piper Sandler boosted their price target on shares of Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, BNP Paribas Exane increased their price objective on shares of Ford Motor from $14.00 to $14.50 and gave the stock a “neutral” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $15.68.
Check Out Our Latest Research Report on F
Ford Motor Stock Down 1.1%
Ford Motor (NYSE:F – Get Free Report) last released its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, beating the consensus estimate of $0.33 by $0.09. The firm had revenue of $48.30 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The business’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.37 EPS. On average, analysts predict that Ford Motor will post 1.72 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be paid a dividend of $0.15 per share. The ex-dividend date is Tuesday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 4.1%. Ford Motor’s payout ratio is currently -32.09%.
Hedge Funds Weigh In On Ford Motor
A number of hedge funds and other institutional investors have recently bought and sold shares of F. Bank & Trust Co increased its holdings in shares of Ford Motor by 2.6% during the 2nd quarter. Bank & Trust Co now owns 31,665 shares of the auto manufacturer’s stock worth $440,000 after acquiring an additional 794 shares during the last quarter. Accel Wealth Management lifted its holdings in Ford Motor by 7.5% during the 2nd quarter. Accel Wealth Management now owns 20,993 shares of the auto manufacturer’s stock valued at $292,000 after purchasing an additional 1,473 shares during the last quarter. Taylor & Morgan Wealth Management LLC acquired a new stake in Ford Motor during the 2nd quarter valued at $168,000. Tema ETFs LLC boosted its position in Ford Motor by 10.7% during the second quarter. Tema ETFs LLC now owns 61,455 shares of the auto manufacturer’s stock worth $854,000 after purchasing an additional 5,945 shares during the period. Finally, William Mack & Associates Inc. boosted its position in Ford Motor by 20.6% during the second quarter. William Mack & Associates Inc. now owns 33,874 shares of the auto manufacturer’s stock worth $471,000 after purchasing an additional 5,775 shares during the period. Institutional investors own 58.74% of the company’s stock.
Key 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.
Recommended Stories
- Five stocks we like better than Ford Motor
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Receive News & Ratings for Ford Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor and related companies with MarketBeat.com's FREE daily email newsletter.
