Ford Motor Company (NYSE:F) Given Consensus Recommendation of “Hold” by Analysts

Ford Motor Company (NYSE:F) has earned a consensus rating of “Hold” from the nineteen research firms that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, ten have given a hold rating and eight have issued a buy rating on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $15.6750.

Several equities research analysts recently weighed in on F shares. Morgan Stanley restated an “equal weight” rating and issued a $14.00 price target on shares of Ford Motor in a research report on Wednesday, May 13th. Jefferies Financial Group upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and boosted their price target for the company from $14.50 to $17.50 in a report on Monday, July 27th. DZ Bank upgraded Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 price target on the stock in a report on Friday, July 31st. Wall Street Zen downgraded shares of Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Finally, JPMorgan Chase & Co. increased their price target 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.

Hedge Funds Weigh In On Ford Motor

A number of large investors have recently made changes to their positions in F. Caxton Associates LLP purchased a new position in shares of Ford Motor in the 1st quarter valued at approximately $304,000. Empowered Funds LLC lifted its holdings in shares of Ford Motor by 41.6% during the first quarter. Empowered Funds LLC now owns 147,760 shares of the auto manufacturer’s stock worth $1,482,000 after purchasing an additional 43,385 shares during the period. Jump Financial LLC purchased a new stake in Ford Motor in the second quarter valued at approximately $172,000. NewEdge Advisors LLC increased its holdings in Ford Motor by 26.3% in the 2nd quarter. NewEdge Advisors LLC now owns 267,895 shares of the auto manufacturer’s stock worth $2,907,000 after buying an additional 55,741 shares during the period. Finally, Treasurer of the State of North Carolina increased its holdings in Ford Motor by 1.5% in the 2nd quarter. Treasurer of the State of North Carolina now owns 1,823,614 shares of the auto manufacturer’s stock worth $19,786,000 after buying an additional 26,526 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Trading Down 0.4%

Ford Motor stock opened at $13.89 on Tuesday. The business has a 50-day simple moving average of $14.09 and a two-hundred day simple moving average of $13.52. The company has a market cap of $55.39 billion, a P/E ratio of -7.43, a P/E/G ratio of 0.29 and a beta of 1.82. 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.

Ford Motor (NYSE:F) last released its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.09. The company had revenue of $48.30 billion for the quarter, compared to the consensus estimate of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.Ford Motor’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.37 earnings per share. Analysts predict that Ford Motor will post 1.86 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.60 dividend on an annualized basis and a yield of 4.3%. Ford Motor’s dividend payout ratio is presently -32.09%.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.