Ford Motor (NYSE:F) Given Average Recommendation of “Hold” by Brokerages

Shares of Ford Motor (NYSE:F) have earned an average rating of “Hold” from the fifteen brokerages that are covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $12.56.

Several equities research analysts recently weighed in on F shares. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Wolfe Research started coverage on Ford Motor in a report on Thursday, September 5th. They set a “peer perform” rating on the stock. Barclays cut their price objective on Ford Motor from $16.00 to $14.00 and set an “overweight” rating on the stock in a report on Tuesday, October 15th. Wells Fargo & Company cut their target price on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $11.00 target price on shares of Ford Motor in a report on Tuesday, September 10th.

Ford Motor Price Performance

Ford Motor stock opened at $11.06 on Friday. The stock’s fifty day moving average price is $10.80 and its two-hundred day moving average price is $11.72. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The firm has a market cap of $44.16 billion, a PE ratio of 11.40, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The company had revenue of $47.81 billion for the quarter, compared to the consensus estimate of $47.79 billion. During the same quarter last year, the business earned $0.72 EPS. Ford Motor’s revenue was up 6.3% on a year-over-year basis. As a group, research analysts expect that Ford Motor will post 1.88 EPS for the current fiscal year.

Hedge Funds Weigh In On Ford Motor

Institutional investors have recently bought and sold shares of the company. Assenagon Asset Management S.A. lifted its position in shares of Ford Motor by 14,373.9% during the third quarter. Assenagon Asset Management S.A. now owns 8,885,389 shares of the auto manufacturer’s stock worth $93,830,000 after acquiring an additional 8,824,000 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Ford Motor by 27.4% during the second quarter. Dimensional Fund Advisors LP now owns 36,190,972 shares of the auto manufacturer’s stock worth $453,732,000 after acquiring an additional 7,793,944 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its position in shares of Ford Motor by 456.9% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,000,000 shares of the auto manufacturer’s stock worth $50,160,000 after acquiring an additional 3,281,800 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Ford Motor by 103.6% during the second quarter. AQR Capital Management LLC now owns 4,908,726 shares of the auto manufacturer’s stock worth $60,844,000 after acquiring an additional 2,497,695 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its position in shares of Ford Motor by 1,215.6% during the third quarter. International Assets Investment Management LLC now owns 2,693,585 shares of the auto manufacturer’s stock worth $28,444,000 after acquiring an additional 2,488,850 shares in the last quarter. Hedge funds and other institutional investors 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.