Ford Motor (NYSE:F) Receives $12.02 Consensus Price Target from Brokerages

Ford Motor (NYSE:F) has been assigned an average recommendation of “Hold” from the fifteen research firms that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $12.02.

Several equities analysts have weighed in on F shares. Royal Bank of Canada reissued a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research note on Thursday, November 7th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Wolfe Research began coverage on Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating for the company. Finally, Barclays decreased their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th.

Ford Motor Trading Down 0.5 %

NYSE:F opened at $11.01 on Wednesday. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The stock’s 50 day moving average price is $10.79 and its 200 day moving average price is $11.50. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The company has a market capitalization of $43.76 billion, a PE ratio of 12.51, a P/E/G ratio of 2.00 and a beta of 1.62.

Ford Motor (NYSE:F) last issued its quarterly earnings data 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 firm had revenue of $46.20 billion during the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Ford Motor’s revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.39 earnings per share. On average, research analysts anticipate that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.45%. The ex-dividend date is Thursday, November 7th. Ford Motor’s dividend payout ratio is currently 68.18%.

Institutional Trading of Ford Motor

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Olistico Wealth LLC bought a new position in shares of Ford Motor during the second quarter worth $25,000. Family Firm Inc. bought a new position in shares of Ford Motor during the second quarter worth $26,000. Quarry LP bought a new position in shares of Ford Motor during the second quarter worth $27,000. Ridgewood Investments LLC bought a new position in shares of Ford Motor during the second quarter worth $28,000. Finally, Kimelman & Baird LLC bought a new position in shares of Ford Motor during the second quarter worth $30,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

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.