Ford Motor Company (NYSE:F) Stock Has Average Price Target of $15.36 According to Analysts

Ford Motor Company (NYSE:F) has received an average rating of “Hold” from the nineteen brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, eleven have given a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $15.36.

A number of research firms have recently commented on F. DZ Bank upgraded Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 price objective on the stock in a report on Friday, July 31st. TD Cowen increased their target price on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research report on Wednesday, July 29th. The Goldman Sachs Group reduced their price target on shares of Ford Motor from $16.00 to $14.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 6th. Barclays boosted their price objective on shares of Ford Motor from $13.00 to $14.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. Finally, Zacks Research downgraded shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 4th.

Institutional Trading of Ford Motor

Large investors have recently added to or reduced their stakes in the stock. Wealthfront Advisers LLC purchased a new position in shares of Ford Motor in the second quarter valued at $11,492,000. Public Employees Retirement System of Ohio grew its holdings in Ford Motor by 22.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 2,001,319 shares of the auto manufacturer’s stock valued at $23,095,000 after purchasing an additional 366,218 shares in the last quarter. KBC Group NV increased its stake in Ford Motor by 223.5% during the 1st quarter. KBC Group NV now owns 2,229,629 shares of the auto manufacturer’s stock worth $25,729,000 after buying an additional 1,540,403 shares during the period. Texas Capital Bank Wealth Management Services Inc purchased a new stake in Ford Motor during the 2nd quarter worth $1,730,000. Finally, Blue Capital Inc. acquired a new position in Ford Motor in the 2nd quarter worth $2,425,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Price Performance

F opened at $12.45 on Wednesday. Ford Motor has a 1 year low of $11.11 and a 1 year high of $17.78. The company’s 50 day simple moving average is $13.33 and its 200 day simple moving average is $13.56. The stock has a market capitalization of $49.63 billion, a PE ratio of 7.42, a P/E/G ratio of 0.25 and a beta of 1.93. The company has a debt-to-equity ratio of 3.07, a quick ratio of 0.93 and a current ratio of 1.09.

Ford Motor (NYSE:F) last announced its quarterly earnings data 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 company had revenue of $48.30 billion during 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 quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.37 EPS. As a group, sell-side analysts expect that Ford Motor will post 1.86 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were issued a dividend of $0.15 per share. The ex-dividend date was Tuesday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 4.8%. Ford Motor’s payout ratio is presently -32.09%.

About Ford Motor

Ford Motor Co is an American automobile manufacturer that designs, manufactures, markets and services a broad range of vehicles and mobility-related products. Its lineup includes cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles sold under the Ford brand, as well as luxury vehicles marketed through its Lincoln brand.

Founded by Henry Ford in 1903 and headquartered in Dearborn, Michigan, Ford is one of the world’s oldest major automakers. The company helped popularize mass automobile production and continues to serve customers in North America, South America, Europe and other international markets through manufacturing, sales and distribution operations.

Ford organizes its operations around Ford Blue for gasoline and hybrid vehicles, Model e for electric vehicles, and Ford Pro for commercial customers and related services.