Ford Motor Company (NYSE:F) Receives Average Rating of “Hold” from Analysts

Shares of Ford Motor Company (NYSE:F) have earned a consensus recommendation of “Hold” from the seventeen research firms that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $12.0357.

F has been the topic of a number of recent analyst reports. Jefferies Financial Group raised shares of Ford Motor from an “underperform” rating to a “hold” rating and upped their price target for the stock from $9.00 to $12.00 in a research note on Monday, October 6th. Evercore ISI upped their target price on shares of Ford Motor from $10.00 to $12.00 and gave the stock an “in-line” rating in a research report on Monday, November 24th. Wells Fargo & Company increased their target price on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a report on Friday, October 24th. JPMorgan Chase & Co. boosted their price target on Ford Motor from $13.00 to $14.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Finally, UBS Group upped their price target on Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a report on Monday, October 6th.

Ford Motor Stock Performance

Shares of F stock opened at $13.31 on Thursday. The company has a market cap of $53.01 billion, a price-to-earnings ratio of 11.47 and a beta of 1.60. The stock has a 50 day simple moving average of $12.90 and a 200-day simple moving average of $11.89. Ford Motor has a 12-month low of $8.44 and a 12-month high of $13.99. The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.07. The firm had revenue of $50.53 billion for the quarter, compared to the consensus estimate of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The company’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.49 earnings per share. On average, equities analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Friday, November 7th were given a $0.15 dividend. The ex-dividend date was Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.5%. Ford Motor’s dividend payout ratio (DPR) is currently 51.72%.

Hedge Funds Weigh In On Ford Motor

Hedge funds have recently added to or reduced their stakes in the business. Advisors Capital Management LLC boosted its stake in shares of Ford Motor by 9.6% during the 1st quarter. Advisors Capital Management LLC now owns 12,543 shares of the auto manufacturer’s stock worth $126,000 after purchasing an additional 1,100 shares during the last quarter. FORA Capital LLC purchased a new position in shares of Ford Motor during the first quarter valued at approximately $7,398,000. Swiss National Bank lifted its stake in shares of Ford Motor by 7.4% during the second quarter. Swiss National Bank now owns 11,822,986 shares of the auto manufacturer’s stock valued at $128,279,000 after buying an additional 813,800 shares during the period. Teza Capital Management LLC acquired a new stake in Ford Motor during the first quarter worth approximately $465,000. Finally, Quantitative Investment Management LLC purchased a new stake in Ford Motor in the 1st quarter worth approximately $2,373,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

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.