Ford Motor Company (NYSE:F) Receives Average Rating of "Hold" from Brokerages

Key Points

• Analysts maintain a “Hold” consensus on Ford, with 10 hold, eight buy and one sell rating among 19 analysts. The average 12-month price target is $15.68, above the recent $13.93 share price.
• Ford reported quarterly EPS of $0.42, beating the $0.33 consensus estimate, while revenue of $48.30 billion also exceeded expectations. However, revenue declined 3.8% year over year and the company posted a negative net margin.
• Institutional investors own 58.74% of Ford, with several firms increasing or initiating positions. Ford also declared a quarterly dividend of $0.15, equivalent to a 4.3% annualized yield.

Shares of Ford Motor Company (NYSE:F - Get Free Report) have been assigned an average recommendation of "Hold" from the nineteen analysts that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $15.6750.

F has been the subject of a number of analyst reports. Jefferies Financial Group raised shares of Ford Motor from a "hold" rating to a "buy" rating and raised their target price for the company from $14.50 to $17.50 in a research report on Monday, July 27th. Zacks Research cut shares of Ford Motor from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 4th. Barclays lifted their price target on Ford Motor from $13.00 to $14.00 and gave the stock an "equal weight" rating in a report on Thursday, July 9th. DZ Bank upgraded Ford Motor from a "sell" rating to a "hold" rating and set a $16.00 price target for the company in a research note on Friday, July 31st. Finally, Wall Street Zen downgraded Ford Motor from a "buy" rating to a "hold" rating in a report on Saturday, August 1st.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors have recently modified their holdings of F. Norges Bank purchased a new stake in shares of Ford Motor in the fourth quarter worth approximately $674,437,000. SBI Okasan Asset Management Co.Ltd. bought a new stake in shares of Ford Motor during the 4th quarter worth $1,769,000. TD Asset Management Inc raised its position in Ford Motor by 11.0% in the fourth quarter. TD Asset Management Inc now owns 1,908,234 shares of the auto manufacturer's stock worth $25,036,000 after acquiring an additional 189,310 shares during the period. Public Employees Retirement System of Ohio lifted its stake in Ford Motor by 22.4% in the first quarter. Public Employees Retirement System of Ohio now owns 2,001,319 shares of the auto manufacturer's stock valued at $23,095,000 after purchasing an additional 366,218 shares during the last quarter. Finally, Wealthfront Advisers LLC purchased a new position in shares of Ford Motor during the 2nd quarter valued at $11,492,000. 58.74% of the stock is owned by institutional investors.

Ford Motor Stock Down 3.4%

Ford Motor stock opened at $13.93 on Tuesday. The company has a 50 day moving average of $14.10 and a 200-day moving average of $13.51. The stock has a market capitalization of $55.53 billion, a PE ratio of -7.45, a price-to-earnings-growth ratio of 0.30 and a beta of 1.82. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. Ford Motor has a twelve month low of $11.11 and a twelve month high of $17.78.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The firm had revenue of $48.30 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same quarter last year, the business posted $0.37 EPS. The company's revenue for the quarter was down 3.8% on a year-over-year basis. On average, equities research analysts anticipate that Ford Motor will post 1.86 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.3%. The ex-dividend date is Tuesday, August 11th. Ford Motor's dividend payout ratio is -32.09%.

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.

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