Ford Motor (NYSE:F) Cut to Strong Sell at ValuEngine

ValuEngine lowered shares of Ford Motor (NYSE:F) from a sell rating to a strong sell rating in a report issued on Saturday morning, ValuEngine reports.

Other research analysts have also issued reports about the company. Royal Bank of Canada restated a neutral rating and set a $10.50 price target on shares of Ford Motor in a research report on Thursday, July 25th. TheStreet lowered Ford Motor from a b- rating to a c rating in a research report on Friday, July 26th. Morgan Stanley set a $12.00 price target on Ford Motor and gave the stock a buy rating in a research report on Friday, September 27th. Credit Suisse Group lowered Ford Motor to an outperform rating and set a $12.00 price target for the company. in a research report on Wednesday, September 11th. Finally, Bank of America lowered Ford Motor to a buy rating and set a $13.00 price target for the company. in a research report on Tuesday, September 10th. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of Hold and a consensus target price of $10.30.

NYSE:F opened at $9.03 on Friday. Ford Motor has a one year low of $7.41 and a one year high of $10.56. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.08 and a current ratio of 1.20. The stock has a market cap of $36.03 billion, a PE ratio of 6.95, a P/E/G ratio of 0.99 and a beta of 1.10. The stock has a 50 day moving average price of $9.09 and a 200 day moving average price of $9.60.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.32 EPS for the quarter, beating the consensus estimate of $0.30 by $0.02. Ford Motor had a return on equity of 14.92% and a net margin of 1.37%. The firm had revenue of $35.91 billion during the quarter, compared to analysts’ expectations of $35.21 billion. During the same quarter last year, the firm earned $0.27 earnings per share. The business’s revenue for the quarter was up .4% on a year-over-year basis. As a group, analysts predict that Ford Motor will post 1.26 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Tuesday, October 22nd will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.64%. The ex-dividend date of this dividend is Monday, October 21st. Ford Motor’s payout ratio is currently 46.15%.

In other news, insider James D. Farley, Jr. sold 45,000 shares of the stock in a transaction on Friday, July 26th. The stock was sold at an average price of $9.56, for a total value of $430,200.00. Following the sale, the insider now directly owns 541,753 shares in the company, valued at $5,179,158.68. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director John C. Lechleiter acquired 10,000 shares of Ford Motor stock in a transaction dated Monday, July 29th. The stock was bought at an average price of $9.60 per share, for a total transaction of $96,000.00. Following the completion of the purchase, the director now owns 64,700 shares of the company’s stock, valued at approximately $621,120. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 130,000 shares of company stock worth $1,197,750. Insiders own 0.83% of the company’s stock.

Institutional investors have recently bought and sold shares of the business. Asset Dedication LLC raised its stake in Ford Motor by 80.2% in the third quarter. Asset Dedication LLC now owns 3,166 shares of the auto manufacturer’s stock valued at $29,000 after buying an additional 1,409 shares in the last quarter. Strategic Blueprint LLC acquired a new stake in Ford Motor in the third quarter valued at $30,000. West Oak Capital LLC raised its stake in Ford Motor by 46.3% in the second quarter. West Oak Capital LLC now owns 3,579 shares of the auto manufacturer’s stock valued at $37,000 after buying an additional 1,132 shares in the last quarter. Citizens Financial Group Inc RI raised its stake in Ford Motor by 63.6% in the second quarter. Citizens Financial Group Inc RI now owns 3,601 shares of the auto manufacturer’s stock valued at $37,000 after buying an additional 1,400 shares in the last quarter. Finally, Larson Financial Group LLC raised its stake in Ford Motor by 117.1% in the third quarter. Larson Financial Group LLC now owns 4,125 shares of the auto manufacturer’s stock valued at $38,000 after buying an additional 2,225 shares in the last quarter. Institutional investors own 53.79% of the company’s stock.

About Ford Motor

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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.

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