Analysts Set Ford Motor Company (NYSE:F) PT at $15.68

Ford Motor Company (NYSE:F) has earned a consensus rating of “Hold” from the nineteen brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $15.6750.

F has been the topic of a number of research analyst reports. JPMorgan Chase & Co. boosted their price target on Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. DZ Bank raised Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 target price on the stock in a research note on Friday, July 31st. Royal Bank Of Canada upped their target price on Ford Motor from $13.00 to $15.00 and gave the company a “sector perform” rating in a report on Wednesday, July 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Ford Motor in a report on Wednesday, June 24th. Finally, Barclays raised their target price on shares of Ford Motor from $13.00 to $14.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 9th.

Ford Motor Trading Up 0.4%

Shares of F opened at $13.94 on Tuesday. The stock has a market capitalization of $55.59 billion, a P/E ratio of -7.45, a PEG ratio of 0.29 and a beta of 1.82. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. The firm has a fifty day simple moving average of $14.08 and a two-hundred day simple moving average of $13.52. Ford Motor has a twelve month low of $11.11 and a twelve month high of $17.78.

Ford Motor (NYSE:F) last released its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 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 in the previous year, the company earned $0.37 earnings per share. On average, research analysts anticipate that Ford Motor will post 1.86 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date is Tuesday, August 11th. Ford Motor’s payout ratio is -32.09%.

Institutional Investors Weigh In On Ford Motor

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Ford Motor by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock worth $6,188,776,000 after acquiring an additional 4,087,699 shares during the last quarter. BlackRock Inc. purchased a new stake in Ford Motor during the 2nd quarter valued at about $4,649,131,000. Charles Schwab Investment Management Inc. grew its position in Ford Motor by 2.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 152,017,084 shares of the auto manufacturer’s stock valued at $1,994,464,000 after purchasing an additional 4,089,779 shares during the last quarter. Geode Capital Management LLC increased its stake in Ford Motor by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock valued at $1,394,697,000 after purchasing an additional 1,255,349 shares in the last quarter. Finally, California State Teachers Retirement System increased its stake in Ford Motor by 1,439.1% during the 2nd quarter. California State Teachers Retirement System now owns 83,893,103 shares of the auto manufacturer’s stock valued at $1,166,114,000 after purchasing an additional 78,442,394 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

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.