Dbs Bank Upgrades Ford Motor (NYSE:F) to Moderate Buy

Ford Motor (NYSE:F) was upgraded by equities research analysts at Dbs Bank from a “hold” rating to a “moderate buy” rating in a research report issued on Tuesday,Zacks.com reports.

F has been the topic of a number of other research reports. Zacks Research lowered shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th. Morgan Stanley restated an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a research note on Wednesday, May 13th. UBS Group upped their price target on Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. TD Cowen raised their price objective on Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Wednesday, July 29th. Finally, Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Eight research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $15.68.

Ford Motor Stock Down 1.1%

Shares of NYSE F opened at $13.83 on Tuesday. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. The business has a 50-day moving average of $14.22 and a 200-day moving average of $13.49. The firm has a market capitalization of $55.15 billion, a price-to-earnings ratio of -7.40, a PEG ratio of 0.29 and a beta of 1.82. Ford Motor has a 12 month low of $11.11 and a 12 month high of $17.78.

Ford Motor (NYSE:F) last announced its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.09. The business had revenue of $48.30 billion during the quarter, compared to analyst estimates of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. Ford Motor’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.37 earnings per share. Sell-side analysts expect that Ford Motor will post 1.86 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in F. Vanguard Group Inc. raised its position in shares of Ford Motor by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock valued at $6,188,776,000 after buying an additional 4,087,699 shares in the last quarter. BlackRock Inc. bought a new position in shares of Ford Motor during the 2nd quarter valued at approximately $4,649,131,000. Charles Schwab Investment Management Inc. lifted its position in Ford Motor by 2.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 152,017,084 shares of the auto manufacturer’s stock worth $1,994,464,000 after buying an additional 4,089,779 shares during the last quarter. Geode Capital Management LLC boosted its stake in Ford Motor by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock worth $1,394,697,000 after buying an additional 1,255,349 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Ford Motor in the second quarter valued at $717,218,000. Institutional investors own 58.74% of the company’s stock.

About Ford Motor

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.