Ford Motor (NYSE:F) Receives Average Recommendation of “Reduce” from Analysts

Shares of Ford Motor (NYSE:F) have been assigned an average rating of “Reduce” from the fourteen ratings firms that are currently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $11.83.

A number of brokerages have weighed in on F. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Barclays lowered their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and boosted their price target for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Finally, Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th.

Institutional Investors Weigh In On Ford Motor

A number of large investors have recently added to or reduced their stakes in the stock. Aptus Capital Advisors LLC lifted its holdings in shares of Ford Motor by 12.0% during the 2nd quarter. Aptus Capital Advisors LLC now owns 41,059 shares of the auto manufacturer’s stock worth $515,000 after acquiring an additional 4,384 shares during the period. Resonant Capital Advisors LLC lifted its stake in Ford Motor by 8.9% during the second quarter. Resonant Capital Advisors LLC now owns 14,241 shares of the auto manufacturer’s stock worth $179,000 after purchasing an additional 1,168 shares during the last quarter. Verus Capital Partners LLC boosted its holdings in shares of Ford Motor by 58.0% in the 2nd quarter. Verus Capital Partners LLC now owns 28,722 shares of the auto manufacturer’s stock valued at $360,000 after purchasing an additional 10,539 shares in the last quarter. TIAA Trust National Association increased its stake in shares of Ford Motor by 27.4% in the 2nd quarter. TIAA Trust National Association now owns 107,802 shares of the auto manufacturer’s stock valued at $1,352,000 after purchasing an additional 23,207 shares during the last quarter. Finally, Oxinas Partners Wealth Management LLC raised its holdings in shares of Ford Motor by 14.7% during the 2nd quarter. Oxinas Partners Wealth Management LLC now owns 11,962 shares of the auto manufacturer’s stock worth $150,000 after buying an additional 1,530 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $9.73 on Thursday. The firm has a fifty day moving average of $10.49 and a two-hundred day moving average of $11.05. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The stock has a market capitalization of $38.67 billion, a price-to-earnings ratio of 11.06, a PEG ratio of 1.89 and a beta of 1.62. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.39 EPS. As a group, equities research analysts predict that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 6.17%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio is 68.18%.

Ford Motor Company Profile

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.