Ford Motor Company (F) Receives Consensus Rating of “Hold” from Brokerages
Shares of Ford Motor Company (NYSE:F) have received an average rating of “Hold” from the twenty-six ratings firms that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and seven have assigned a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $12.65.
Several brokerages have commented on F. Standpoint Research upgraded Ford Motor from a “hold” rating to a “buy” rating in a research note on Wednesday, October 4th. FIG Partners restated a “hold” rating on shares of Ford Motor in a research note on Monday, October 9th. TheStreet upgraded Ford Motor from a “c+” rating to a “b-” rating in a research note on Thursday, October 5th. Vetr upgraded Ford Motor from a “hold” rating to a “buy” rating and set a $13.34 price target on the stock in a research note on Wednesday, October 4th. Finally, Barclays PLC cut Ford Motor from an “overweight” rating to an “equal weight” rating and raised their target price for the stock from $12.12 to $14.00 in a report on Friday, October 13th.
In related news, insider Joseph R. Hinrichs sold 40,000 shares of Ford Motor stock in a transaction dated Tuesday, September 5th. The stock was sold at an average price of $11.34, for a total value of $453,600.00. Following the completion of the transaction, the insider now owns 532,435 shares in the company, valued at $6,037,812.90. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Hau N. Thai-Tang sold 25,000 shares of Ford Motor stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $11.50, for a total value of $287,500.00. Following the completion of the transaction, the insider now owns 76,358 shares of the company’s stock, valued at approximately $878,117. The disclosure for this sale can be found here. Insiders sold 137,076 shares of company stock worth $1,599,180 over the last ninety days. Insiders own 1.08% of the company’s stock.
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Steward Partners Investment Advisory LLC bought a new stake in shares of Ford Motor during the third quarter valued at approximately $1,126,000. Public Employees Retirement System of Ohio raised its stake in shares of Ford Motor by 0.4% during the third quarter. Public Employees Retirement System of Ohio now owns 2,677,181 shares of the auto manufacturer’s stock valued at $32,046,000 after acquiring an additional 9,942 shares in the last quarter. Coastline Trust Co raised its stake in shares of Ford Motor by 17.4% during the third quarter. Coastline Trust Co now owns 43,050 shares of the auto manufacturer’s stock valued at $515,000 after acquiring an additional 6,370 shares in the last quarter. Belpointe Asset Management LLC bought a new stake in shares of Ford Motor during the third quarter valued at approximately $178,000. Finally, Cetera Advisors LLC raised its stake in shares of Ford Motor by 4.4% during the third quarter. Cetera Advisors LLC now owns 243,547 shares of the auto manufacturer’s stock valued at $2,911,000 after acquiring an additional 10,362 shares in the last quarter. Institutional investors own 53.39% of the company’s stock.
Shares of Ford Motor (NYSE:F) traded up $0.03 on Monday, reaching $12.10. The company’s stock had a trading volume of 9,550,000 shares, compared to its average volume of 34,940,000. The company has a current ratio of 1.19, a quick ratio of 1.08 and a debt-to-equity ratio of 2.94. Ford Motor has a 1-year low of $10.47 and a 1-year high of $13.27. The stock has a market cap of $48,180.00, a P/E ratio of 7.18, a price-to-earnings-growth ratio of 0.62 and a beta of 1.25.
Ford Motor (NYSE:F) last issued its earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, beating the consensus estimate of $0.33 by $0.10. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. The business had revenue of $33.65 billion for the quarter, compared to the consensus estimate of $32.80 billion. During the same period last year, the business posted $0.26 EPS. The company’s revenue was up .9% compared to the same quarter last year. equities analysts expect that Ford Motor will post 1.81 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Monday, October 23rd will be issued a $0.15 dividend. The ex-dividend date is Friday, October 20th. This represents a $0.60 annualized dividend and a dividend yield of 4.96%. Ford Motor’s dividend payout ratio (DPR) is 54.55%.
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Ford Motor Company Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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