Ford Motor (NYSE:F) Receives “Sector Perform” Rating from Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their sector perform rating on shares of Ford Motor (NYSE:F) in a research report released on Friday,Benzinga reports. The firm currently has a $13.00 target price on the auto manufacturer’s stock.

F has been the subject of a number of other reports. Wall Street Zen upgraded Ford Motor from a “sell” rating to a “buy” rating in a research note on Saturday, May 2nd. UBS Group lowered their price objective on Ford Motor from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Bank of America started coverage on Ford Motor in a research note on Wednesday, March 4th. They set a “buy” rating and a $17.00 price objective for the company. The Goldman Sachs Group decreased their price target on Ford Motor from $15.00 to $13.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. Finally, Zacks Research cut Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $13.56.

Ford Motor Price Performance

Shares of F opened at $13.39 on Friday. The company has a market cap of $53.34 billion, a P/E ratio of -8.64, a PEG ratio of 0.32 and a beta of 1.65. The stock has a fifty day moving average price of $12.15 and a 200 day moving average price of $13.01. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. Ford Motor has a 12 month low of $9.88 and a 12 month high of $14.94.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The firm had revenue of $43.25 billion during the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The firm’s revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.14 EPS. On average, research analysts forecast that Ford Motor will post 1.6 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be issued a $0.15 dividend. The ex-dividend date is Tuesday, May 12th. This represents a $0.60 annualized dividend and a dividend yield of 4.5%. Ford Motor’s dividend payout ratio is -38.71%.

Insider Buying and Selling at Ford Motor

In other news, insider William Clay Ford, Jr. acquired 140,000 shares of the business’s stock in a transaction dated Thursday, February 19th. The stock was acquired at an average price of $13.82 per share, for a total transaction of $1,934,800.00. Following the completion of the acquisition, the insider directly owned 3,912,600 shares in the company, valued at $54,072,132. This represents a 3.71% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this link. 0.63% of the stock is currently owned by company insiders.

Institutional Trading of Ford Motor

Several institutional investors have recently modified their holdings of F. Grove Bank & Trust lifted its holdings in shares of Ford Motor by 110.7% in the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,000 shares during the period. MV Capital Management Inc. acquired a new stake in shares of Ford Motor in the fourth quarter valued at $25,000. Olistico Wealth LLC acquired a new stake in shares of Ford Motor in the fourth quarter valued at $26,000. McMillan Office Inc. acquired a new stake in shares of Ford Motor in the fourth quarter valued at $26,000. Finally, Legacy Wealth Managment LLC ID lifted its holdings in shares of Ford Motor by 108.4% in the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after buying an additional 1,230 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

Key Ford Motor News

Here are the key news stories impacting Ford Motor this week:

• Positive Sentiment: Ford’s recent rally was driven by enthusiasm over its positioning in the energy storage market, which some analysts view as a potentially high-growth opportunity and a reason the stock surged sharply earlier in the week.
• Positive Sentiment: The stock remains a trending name with heavy investor attention, which can help sustain trading momentum if sentiment around the company’s strategy stays positive. Ford Motor Company (F) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Royal Bank of Canada reaffirmed its sector perform rating and set a $13 price target, implying limited upside from current levels and reinforcing a more cautious stance. Ford Motor had its sector perform rating reaffirmed by Royal Bank Of Canada
• Neutral Sentiment: Coverage highlighting Ford as one of the top dividend alternatives to low-yielding bonds and cash-like investments may support the stock for income-focused investors, but it is not a direct catalyst. The S&P 500 Barely Yields 2%. These 3 Dividend Stocks Under $30 Are Doing Much Better Than That
• Negative Sentiment: Ford is giving back part of this week’s big gains, with traders likely taking profits after the stock’s rapid move higher.
• Negative Sentiment: Broader concerns about the auto industry, including more than 20,000 U.S. salaried job cuts at Detroit automakers amid AI-related disruption, may add to investor caution around Ford. Detroit automakers have cut more than 20,000 U.S. salaried jobs as AI threat looms
• Negative Sentiment: Short-term trading commentary now frames Ford’s surge as potentially overextended, with some articles suggesting the rally may be running out of steam. Stock Of The Day: Where Will The Ford Rally End?

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.