Ford Motor Company (NYSE:F) Stock Now Rated "Hold" by Sell-Side Brokerages

Key Points

• Analysts collectively rate Ford “Hold”: Of 19 analysts, 10 recommend holding, seven recommend buying, and two recommend selling; the average 12-month price target is $15.02.
• Ford beat quarterly earnings and revenue expectations, reporting adjusted EPS of $0.49 versus $0.41 expected and revenue of $49.53 billion versus $49.08 billion. Revenue was down 2% year over year.
• Ford announced a quarterly dividend of $0.15 per share, equivalent to a 4.8% annualized yield. Shares opened at $12.45, within a 12-month range of $11.11 to $17.78.

Shares of Ford Motor Company (NYSE:F - Get Free Report) have earned an average recommendation of "Hold" from the nineteen analysts that are currently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $15.02.

F has been the subject of several research reports. Citigroup upgraded Ford Motor from a "neutral" rating to a "buy" rating and lifted their target price for the stock from $19.00 to $20.00 in a research report on Wednesday, July 29th. Royal Bank Of Canada lowered their target price on shares of Ford Motor from $15.00 to $14.00 and set a "sector perform" rating for the company in a research note on Thursday, October 29th. The Goldman Sachs Group dropped their target price on shares of Ford Motor from $14.00 to $12.00 and set a "neutral" rating on the stock in a report on Thursday, October 29th. Wall Street Zen cut shares of Ford Motor from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. Finally, UBS Group cut their target price on shares of Ford Motor from $17.00 to $15.00 and set a "buy" rating on the stock in a report on Wednesday, October 7th.

Institutional Investors Weigh In On Ford Motor

Hedge funds have recently made changes to their positions in the business. Ninety One UK Ltd acquired a new position in shares of Ford Motor during the third quarter valued at $25,000. Legacy Wealth Managment LLC ID grew its position in Ford Motor by 108.4% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer's stock valued at $27,000 after buying an additional 1,230 shares in the last quarter. Manning & Napier Advisors LLC acquired a new position in Ford Motor during the 2nd quarter valued at about $31,000. Cedar Mountain Advisors LLC boosted its holdings in shares of Ford Motor by 58.1% in the first quarter. Cedar Mountain Advisors LLC now owns 2,940 shares of the auto manufacturer's stock valued at $34,000 after acquiring an additional 1,080 shares in the last quarter. Finally, Laurel Wealth Advisors LLC bought a new position in shares of Ford Motor in the third quarter valued at approximately $36,000. Institutional investors own 58.74% of the company's stock.

Ford Motor Stock Down 0.7%

Shares of Ford Motor stock opened at $12.45 on Friday. Ford Motor has a twelve month low of $11.11 and a twelve month high of $17.78. The stock has a market cap of $49.63 billion, a price-to-earnings ratio of -6.32, a price-to-earnings-growth ratio of 0.24 and a beta of 1.88. The company has a current ratio of 1.08, a quick ratio of 0.94 and a debt-to-equity ratio of 2.97. The company has a fifty day moving average price of $12.74 and a 200 day moving average price of $13.34.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Wednesday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.08. Ford Motor had a negative net margin of 4.17% and a positive return on equity of 18.89%. The firm had revenue of $49.53 billion for the quarter, compared to analyst estimates of $49.08 billion. During the same quarter in the previous year, the business posted $0.45 EPS. The firm's revenue was down 2.0% compared to the same quarter last year. Equities research analysts forecast that Ford Motor will post 1.90 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 10th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Tuesday, November 10th. Ford Motor's dividend payout ratio (DPR) is -30.46%.

Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets and services vehicles under the Ford and Lincoln brands. Its lineup includes cars, trucks, sport utility vehicles and commercial vehicles, as well as battery-electric and hybrid models. The company also provides vehicle-related services and financing through Ford Credit.

Ford serves customers in North America and markets around the world, including Europe, South America and the Asia-Pacific region. Its operations include vehicle development and manufacturing, sales and after-sales support, and services for commercial fleet customers.

Founded in 1903 by Henry Ford and other investors, the company helped popularize automobile manufacturing on a large scale.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.