Ford Motor (NYSE:F) Given “Neutral” Rating at The Goldman Sachs Group

Ford Motor (NYSE:F)‘s stock had its “neutral” rating reaffirmed by equities research analysts at The Goldman Sachs Group in a note issued to investors on Thursday, Marketbeat reports. They currently have a $9.00 price target on the auto manufacturer’s stock, down from their prior price target of $11.00. The Goldman Sachs Group’s target price points to a potential downside of 1.26% from the stock’s current price.

Other equities analysts also recently issued reports about the company. Evercore ISI cut their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a report on Monday, February 10th. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Sanford C. Bernstein lowered Ford Motor from a “market perform” rating to an “underperform” rating and decreased their target price for the stock from $9.40 to $7.00 in a research report on Wednesday. JPMorgan Chase & Co. decreased their target price on Ford Motor from $13.00 to $11.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. Finally, BNP Paribas upgraded Ford Motor to a “hold” rating in a research report on Monday, February 10th. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $10.83.

Ford Motor Price Performance

Ford Motor stock traded down $0.39 during trading hours on Thursday, hitting $9.12. The stock had a trading volume of 39,735,210 shares, compared to its average volume of 69,104,805. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The stock has a market capitalization of $36.13 billion, a price-to-earnings ratio of 6.24, a PEG ratio of 0.61 and a beta of 1.41. Ford Motor has a 1-year low of $8.44 and a 1-year high of $14.85. The stock’s fifty day moving average is $9.61 and its two-hundred day moving average is $10.19.

Ford Motor (NYSE:F) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, analysts predict that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC lifted its holdings in shares of Ford Motor by 1.7% during the third quarter. Geode Capital Management LLC now owns 81,989,157 shares of the auto manufacturer’s stock valued at $863,009,000 after purchasing an additional 1,336,676 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in shares of Ford Motor by 21.4% during the third quarter. Sunbelt Securities Inc. now owns 40,674 shares of the auto manufacturer’s stock valued at $430,000 after purchasing an additional 7,175 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Ford Motor during the third quarter valued at $1,045,000. Sculati Wealth Management LLC lifted its holdings in shares of Ford Motor by 4.7% during the third quarter. Sculati Wealth Management LLC now owns 37,774 shares of the auto manufacturer’s stock valued at $399,000 after purchasing an additional 1,709 shares during the last quarter. Finally, World Investment Advisors LLC lifted its holdings in shares of Ford Motor by 31.8% during the third quarter. World Investment Advisors LLC now owns 33,168 shares of the auto manufacturer’s stock valued at $350,000 after purchasing an additional 8,000 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.