Ford Motor (NYSE:F) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report issued on Tuesday. The firm currently has a $15.00 price objective on the auto manufacturer’s stock. Zacks Investment Research‘s target price points to a potential upside of 14.07% from the stock’s previous close.

According to Zacks, “Ford is expanding its production capacity in many emerging markets to facilitate supply, cost reduction and manage transportation challenges. It has been making quite a large amount of investment for the development of next generation cars, which can be beneficial in the long-run but, are likely to create short-term strains on the financials of the company. Also, frequent product recalls and rising structural expenses are other issues faced by the company. In the past one year, Ford has underperformed the industry it belongs to.”

A number of other equities research analysts have also commented on the company. Royal Bank of Canada restated a “buy” rating and set a $13.00 price target on shares of Ford Motor in a research report on Monday, September 18th. Citigroup increased their price target on Ford Motor from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, October 30th. Jefferies Group increased their price target on Ford Motor from $12.00 to $13.00 and gave the stock a “hold” rating in a research report on Monday, October 30th. Vetr lowered Ford Motor from a “buy” rating to a “hold” rating and set a $12.60 price target on the stock. in a research report on Friday, October 6th. Finally, Standpoint Research upgraded Ford Motor from a “hold” rating to a “buy” rating in a research report on Wednesday, October 4th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $12.62.

Shares of Ford Motor (NYSE:F) opened at $13.15 on Tuesday. Ford Motor has a 12 month low of $10.47 and a 12 month high of $13.22. The firm has a market capitalization of $52,240.00, a P/E ratio of 11.95, a PEG ratio of 0.81 and a beta of 1.26. The company has a quick ratio of 1.08, a current ratio of 1.19 and a debt-to-equity ratio of 2.94.

Ford Motor (NYSE:F) last released its quarterly earnings data on Thursday, October 26th. The auto manufacturer reported $0.43 earnings per share 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 company had revenue of $33.65 billion for the quarter, compared to analyst estimates of $32.80 billion. During the same period in the prior year, the company posted $0.26 EPS. The company’s revenue was up .9% compared to the same quarter last year. sell-side analysts predict that Ford Motor will post 1.81 earnings per share for the current year.

In other Ford Motor news, insider Steven R. Armstrong sold 10,752 shares of the stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $12.32, for a total value of $132,464.64. Following the transaction, the insider now directly owns 101,159 shares in the company, valued at approximately $1,246,278.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Hau N. Thai-Tang sold 18,000 shares of the stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $13.00, for a total value of $234,000.00. Following the completion of the transaction, the insider now owns 14,358 shares in the company, valued at $186,654. The disclosure for this sale can be found here. Insiders sold a total of 47,752 shares of company stock worth $603,965 over the last quarter. Corporate insiders own 1.08% of the company’s stock.

Several hedge funds have recently bought and sold shares of the company. Coldstream Capital Management Inc. lifted its stake in shares of Ford Motor by 0.7% in the 2nd quarter. Coldstream Capital Management Inc. now owns 12,205 shares of the auto manufacturer’s stock valued at $137,000 after purchasing an additional 89 shares during the period. Balentine LLC lifted its stake in shares of Ford Motor by 4.0% in the 2nd quarter. Balentine LLC now owns 9,462 shares of the auto manufacturer’s stock valued at $106,000 after purchasing an additional 365 shares during the period. Cutter & CO Brokerage Inc. lifted its stake in shares of Ford Motor by 2.6% in the 2nd quarter. Cutter & CO Brokerage Inc. now owns 24,249 shares of the auto manufacturer’s stock valued at $271,000 after purchasing an additional 604 shares during the period. Arete Wealth Advisors LLC lifted its stake in shares of Ford Motor by 3.6% in the 2nd quarter. Arete Wealth Advisors LLC now owns 17,707 shares of the auto manufacturer’s stock valued at $198,000 after purchasing an additional 622 shares during the period. Finally, Hudock Capital Group LLC lifted its stake in shares of Ford Motor by 4.5% in the 2nd quarter. Hudock Capital Group LLC now owns 14,836 shares of the auto manufacturer’s stock valued at $166,000 after purchasing an additional 643 shares during the period. 53.61% of the stock is currently owned by institutional investors.

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About Ford Motor

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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