Ford Motor (NYSE:F) Given New $13.00 Price Target at The Goldman Sachs Group

Ford Motor (NYSE:F) had its target price trimmed by The Goldman Sachs Group from $15.00 to $13.00 in a report released on Tuesday morning,Benzinga reports. The firm currently has a neutral rating on the auto manufacturer’s stock.

Other equities analysts also recently issued research reports about the stock. Piper Sandler upgraded shares of Ford Motor from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $11.00 to $16.00 in a report on Thursday, January 8th. Royal Bank Of Canada restated a “sector perform” rating and set a $12.00 price objective on shares of Ford Motor in a report on Wednesday, February 11th. Bank of America started coverage on shares of Ford Motor in a report on Wednesday, March 4th. They set a “buy” rating and a $17.00 price objective on the stock. Zacks Research downgraded shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Finally, TD Cowen upped their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a report on Tuesday, January 13th. Five analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $13.74.

Ford Motor Stock Performance

F opened at $12.69 on Tuesday. Ford Motor has a 52-week low of $9.29 and a 52-week high of $14.80. The company has a quick ratio of 0.94, a current ratio of 1.07 and a debt-to-equity ratio of 2.95. The company has a market cap of $50.63 billion, a P/E ratio of -6.16, a price-to-earnings-growth ratio of 0.28 and a beta of 1.70. The firm’s 50-day moving average price is $12.67 and its 200-day moving average price is $12.95.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.07. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The firm had revenue of $45.89 billion for the quarter, compared to the consensus estimate of $41.78 billion. During the same quarter in the prior year, the company posted $0.39 earnings per share. The company’s revenue for the quarter was down 4.8% compared to the same quarter last year. As a group, equities analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 13th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.7%. The ex-dividend date was Friday, February 13th. Ford Motor’s dividend payout ratio is -29.13%.

Insiders Place Their Bets

In other Ford Motor news, insider William Clay Ford, Jr. purchased 140,000 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The shares were bought at an average price of $13.82 per share, for a total transaction of $1,934,800.00. Following the acquisition, the insider owned 3,912,600 shares in the company, valued at $54,072,132. This represents a 3.71% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.63% of the company’s stock.

Hedge Funds Weigh In On Ford Motor

Hedge funds and other institutional investors have recently bought and sold shares of the business. Corsicana & Co. acquired a new position in Ford Motor in the 3rd quarter worth approximately $25,000. Grove Bank & Trust grew its stake in shares of Ford Motor by 110.7% during the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,000 shares during the period. MV Capital Management Inc. acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $25,000. Olistico Wealth LLC acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $26,000. Finally, McMillan Office Inc. acquired a new stake in shares of Ford Motor during the 4th quarter worth approximately $26,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Key Headlines Impacting Ford Motor

Here are the key news stories impacting Ford Motor this week:

• Positive Sentiment: UBS upgraded Ford from Neutral to Buy and kept a $15 12-month price target, saying earnings upside over the next several years is underappreciated — that upgrade was the primary intraday catalyst lifting the stock. Ford upgraded to ‘Buy’ on improving earnings outlook
• Neutral Sentiment: Heightened analyst and media attention (Zacks, 247WallSt, Finbold) has made F a trending name; increased visibility can amplify moves both ways but doesn’t change fundamentals by itself. Here is What to Know Beyond Why Ford Motor Company (F) is a Trending Stock
• Neutral Sentiment: CEO Jim Farley’s public call to keep high tariffs on Chinese automakers raises the stakes on trade/regulatory policy — this could protect US OEMs (a positive for margins if enacted) but also increases political controversy and regulatory uncertainty. Ford CEO Jim Farley warns Chinese cars sales in US would be ‘devastating’
• Negative Sentiment: Goldman Sachs trimmed its price target to $13 and maintained a Neutral rating, which dampens upside expectations and provides a counterbalance to UBS’ bullish view. That downgrade/target cut is a headwind for further near-term gains. Benzinga

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.