Shares of Ford Motor (NYSE:F) have been assigned a consensus rating of “Hold” by the twenty-three rating agencies that currently cover the company, MarketBeat Ratings reports. Four investment analysts gave the stock a sell rating, six gave the company a hold rating, nine gave the company a buy rating and one gave the company a strong buy rating. The 12-month average target price among brokerages that have covered the stock over the past year is $19.77.
A number of stock analysts have recently released reports on the company. Jefferies Financial Group downgraded Ford Motor from a “buy” rating to a “hold” rating and raised its target price for the stock from $20.00 to $25.00 in a report released Thursday. Nomura Instinet reiterated a “reduced” rating and issued a target price of $13.00 on Ford Motor shares in a Tuesday, November 2 report. Credit Suisse Group upgraded Ford Motor from a “neutral” rating to an “outperforming” rating and raised its target price for the stock from $15.00 to $20.00 in a Wednesday, October 20, report. Nomura downgraded Ford Motor from a “neutral” rating to a “reduced” rating and set a target price of $13.00 for the stock. in a report on Tuesday, November 2. They noted that the move was a review call. Finally, Citigroup raised its price target on Ford Motor from $20.00 to $23.00 and gave the company a “neutral” rating in a Thursday, Dec. 30 research report.
In other Ford Motor news, Director Alexandra Ford English purchased 38,789 shares of the company in a transaction dated Monday, Dec. 20. The stock was purchased at an average price of $19.33 per share, for a total transaction of $749,791.37. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Additionally, insider Stuart J. Rowley sold 15,000 shares of the company in a trade dated Thursday, October 28. The shares were sold at an average price of $17.00, for a total value of $255,000.00. The disclosure of this sale can be found here. In the past 90 days, insiders have sold 118,088 shares of the company valued at $2,345,456. 0.90% of the shares are held by insiders.
A number of institutional investors have recently changed their positions in F. SG Americas Securities LLC increased its stake in Ford Motor by 139.8% in Q3. SG Americas Securities LLC now owns 2,186,898 shares of the automaker worth $30,966,000 after purchasing an additional 7,682,784 shares during the period. Ensign Peak Advisors Inc increased its stake in Ford Motor to 90.8% in Q2. Ensign Peak Advisors Inc now owns 13,132,097 shares of the automaker worth $195,143,000 after purchasing an additional 6,248,145 shares during the period. Parametric Portfolio Associates LLC increased its stake in Ford Motor by 37.8% in the second quarter. Parametric Portfolio Associates LLC now owns 21,322,752 shares of the automaker worth $316,856,000 after purchasing an additional 5,849,342 shares during the period. UBS Asset Management Americas Inc. increased its stake in Ford Motor by 27.7% in the third quarter. UBS Asset Management Americas Inc. now owns 25,119,697 shares of the automaker worth $355,695,000 after purchasing an additional 5,447,109 shares during the period. Finally, BlackRock Inc. increased its stake in Ford Motor shares by 1.7% during the third quarter. BlackRock Inc. now owns 266,501,882 shares of the automaker valued at $3,773,664,000 after purchasing an additional 4,484,696 shares during the period. 50.65% of the shares are currently held by institutional investors and hedge funds.
Ford Motor stock opened Friday at $20.65. The stock has a market capitalization of $82.52 billion, a price/earnings ratio of 29.50, a PEG ratio of 0.49 and a beta of 1.11. Ford Motor has a 52-week low of $10.36 and a 52-week high of $25.87. The stock’s 50-day moving average price is $21.13 and its two-hundred-day moving average price is $16.88. The company has a debt ratio of 2.65, a quick ratio of 1.05 and a current ratio of 1.20.
Ford Motor Inc (NYSE:F) last released its quarterly results on Tuesday, October 26. The automaker reported earnings per share (EPS) of $0.51 for the quarter, beating analysts’ consensus estimate of $0.27 by $0.24. The company posted revenue of $33.21 billion for the quarter, versus $32.79 billion expected by analysts. Ford Motor had a return on equity of 21.85% and a net margin of 2.10%. The company’s revenue for the quarter decreased 4.3% compared to the same quarter last year. During the same period of the previous year, the company achieved EPS of $0.65. On average, equity research analysts expect Ford Motor to post EPS of 1.89 for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 1. Shareholders of record on Monday, January 31 will receive a dividend of $0.10. The ex-dividend date is Friday, January 28. This represents an annualized dividend of $0.40 and a yield of 1.94%. Ford Motor’s dividend payout ratio is currently 57.14%.
About Ford Motor
Ford Motor Co engages in the manufacture, distribution and sale of automobiles. It operates through the following three segments: Automotive, Mobility and Ford Credit. The Automotive segment is engaged in the development, manufacture, marketing and servicing of Ford cars, Lincoln vehicles. The Mobility segment includes Ford Smart Mobility LLC and the autonomous vehicle business.
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