Ford Motor (NYSE:F) Stock Rating Lowered by Wall Street Zen

Ford Motor (NYSE:F) was downgraded by research analysts at Wall Street Zen from a “buy” rating to a “sell” rating in a research report issued on Saturday.

A number of other brokerages have also issued reports on F. Citigroup boosted their price target on Ford Motor from $11.00 to $13.50 and gave the company a “neutral” rating in a report on Monday, October 27th. Zacks Research raised Ford Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 12th. Piper Sandler upgraded Ford Motor from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $11.00 to $16.00 in a report on Thursday, January 8th. HSBC increased their price target on Ford Motor from $9.80 to $12.80 and gave the stock a “hold” rating in a research report on Tuesday, January 13th. Finally, Evercore lifted their price objective on Ford Motor from $12.00 to $14.00 and gave the company an “in-line” rating in a report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average target price of $13.02.

Ford Motor Trading Up 0.7%

NYSE F opened at $14.10 on Friday. The stock has a market cap of $56.16 billion, a PE ratio of -6.84, a PEG ratio of 5.93 and a beta of 1.66. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.50. The company’s 50-day moving average price is $13.62 and its 200-day moving average price is $12.66. The company has a current ratio of 1.07, a quick ratio of 0.98 and a debt-to-equity ratio of 2.95.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Tuesday, February 10th. The auto manufacturer reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.07. The company had revenue of $45.89 billion during the quarter, compared to analyst estimates of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The firm’s revenue for the quarter was down 4.8% on a year-over-year basis. During the same quarter last year, the business posted $0.39 EPS. Equities research analysts forecast that Ford Motor will post 1.47 earnings per share for the current year.

Hedge Funds Weigh In On Ford Motor

A number of hedge funds have recently made changes to their positions in the stock. CreativeOne Wealth LLC raised its position in Ford Motor by 3.6% in the fourth quarter. CreativeOne Wealth LLC now owns 131,616 shares of the auto manufacturer’s stock valued at $1,727,000 after purchasing an additional 4,627 shares during the period. Parkside Financial Bank & Trust grew its stake in shares of Ford Motor by 7.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer’s stock valued at $144,000 after buying an additional 756 shares in the last quarter. Volterra Technologies LP raised its holdings in shares of Ford Motor by 152.8% in the 4th quarter. Volterra Technologies LP now owns 107,402 shares of the auto manufacturer’s stock valued at $1,409,000 after buying an additional 64,912 shares during the period. Wright Wealth LLC acquired a new position in Ford Motor during the 4th quarter worth about $138,000. Finally, Quinn Opportunity Partners LLC lifted its stake in Ford Motor by 11.5% during the 4th quarter. Quinn Opportunity Partners LLC now owns 875,153 shares of the auto manufacturer’s stock worth $11,482,000 after acquiring an additional 90,000 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 (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.