Analysts Set Ford Motor Company (NYSE:F) Price Target at $15.68

Ford Motor Company (NYSE:F) has received an average recommendation of “Hold” from the nineteen brokerages that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, ten have issued a hold rating and eight have given a buy rating to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $15.6750.

A number of brokerages recently issued reports on F. DZ Bank upgraded Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 price target for the company in a research report on Friday, July 31st. Piper Sandler boosted their price objective on shares of Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Wells Fargo & Company increased their target price on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research note on Thursday, June 25th. Finally, UBS Group raised their target price on shares of Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a report on Monday, June 8th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Maripau Wealth Management LLC lifted its holdings in shares of Ford Motor by 1.6% in the 1st quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer’s stock worth $538,000 after buying an additional 749 shares during the period. Wayfinding Financial LLC increased its stake in shares of Ford Motor by 5.8% during the second quarter. Wayfinding Financial LLC now owns 13,652 shares of the auto manufacturer’s stock valued at $189,000 after buying an additional 754 shares during the period. Southern Financial Group LLC raised its holdings in shares of Ford Motor by 2.3% in the first quarter. Southern Financial Group LLC now owns 34,714 shares of the auto manufacturer’s stock valued at $401,000 after acquiring an additional 776 shares in the last quarter. Bernicke Wealth Management Ltd. raised its holdings in shares of Ford Motor by 2.0% in the second quarter. Bernicke Wealth Management Ltd. now owns 39,789 shares of the auto manufacturer’s stock valued at $553,000 after acquiring an additional 792 shares in the last quarter. Finally, Bank & Trust Co lifted its stake in Ford Motor by 2.6% in the second quarter. Bank & Trust Co now owns 31,665 shares of the auto manufacturer’s stock worth $440,000 after acquiring an additional 794 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Price Performance

F stock opened at $13.19 on Friday. Ford Motor has a 52 week low of $11.11 and a 52 week high of $17.78. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. The company has a fifty day simple moving average of $14.10 and a two-hundred day simple moving average of $13.51. The firm has a market capitalization of $52.60 billion, a P/E ratio of -7.05, a price-to-earnings-growth ratio of 0.27 and a beta of 1.83.

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 firm had revenue of $48.30 billion for the quarter, compared to analysts’ expectations of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The business’s revenue was down 3.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.37 EPS. Analysts anticipate that Ford Motor will post 1.86 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Tuesday, August 11th. Ford Motor’s dividend payout ratio is -32.09%.

About Ford Motor

Ford Motor Co is a global automotive company that designs, manufactures, markets and services cars, trucks, sport utility vehicles and commercial vehicles. Its portfolio includes the Ford and Lincoln brands, as well as a range of gasoline-powered, hybrid and electric vehicles. Ford also provides vehicle maintenance, repair and related services through its dealer network.

The company organizes its automotive operations into Ford Blue, which focuses on traditional and hybrid vehicles; Ford Model e, which develops electric vehicles and connected technologies; and Ford Pro, which serves commercial and government customers with vehicles, software and fleet-management services.