Ford Motor (NYSE:F) Stock Price Expected to Rise, UBS Group Analyst Says

Ford Motor (NYSE:F) had its target price increased by analysts at UBS Group from $9.00 to $11.00 in a research report issued on Monday,Benzinga reports. The firm presently has a “neutral” rating on the auto manufacturer’s stock. UBS Group’s target price would suggest a potential downside of 4.97% from the stock’s previous close.

F has been the subject of several other research reports. Citigroup boosted their price objective on Ford Motor from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Wednesday, May 7th. Wolfe Research raised Ford Motor from an “underperform” rating to a “peer perform” rating in a research report on Wednesday, April 30th. The Goldman Sachs Group increased their target price on shares of Ford Motor from $9.00 to $10.00 and gave the company a “neutral” rating in a research report on Tuesday, May 6th. JPMorgan Chase & Co. lifted their price objective on Ford Motor from $11.00 to $12.00 and gave the stock an “overweight” rating in a report on Thursday, May 1st. Finally, Sanford C. Bernstein cut Ford Motor from a “market perform” rating to an “underperform” rating and reduced their price target for the company from $9.40 to $7.00 in a research report on Wednesday, April 9th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $10.17.

Ford Motor Stock Performance

NYSE:F opened at $11.58 on Monday. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26. Ford Motor has a 1-year low of $8.44 and a 1-year high of $14.85. The stock’s 50-day moving average is $10.75 and its 200-day moving average is $10.10. The stock has a market cap of $46.03 billion, a P/E ratio of 9.26, a price-to-earnings-growth ratio of 1.01 and a beta of 1.49.

Ford Motor (NYSE:F) last released its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.16. The business had revenue of $40.66 billion during the quarter, compared to the consensus estimate of $35.99 billion. Ford Motor had a net margin of 2.74% and a return on equity of 13.49%. The company’s revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.49 EPS. Equities research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Insider Buying and Selling

In related news, insider Andrew Frick sold 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the sale, the insider owned 113,939 shares of the company’s stock, valued at $1,253,329. This trade represents a 20.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.48% of the company’s stock.

Institutional Trading of Ford Motor

Large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Ford Motor by 16.6% during the fourth quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock valued at $3,980,630,000 after buying an additional 57,182,803 shares during the last quarter. Pacer Advisors Inc. grew its position in shares of Ford Motor by 6,915.1% during the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock valued at $492,253,000 after acquiring an additional 48,378,444 shares during the period. Norges Bank bought a new stake in shares of Ford Motor during the 4th quarter valued at $387,282,000. Nuveen LLC purchased a new stake in shares of Ford Motor in the 1st quarter worth $123,147,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in Ford Motor by 8.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock worth $1,404,741,000 after purchasing an additional 10,947,527 shares during the period. 58.74% of the stock is currently owned by institutional investors.

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.