Ford Motor (NYSE:F) Stock Rating Lowered by Dbs Bank

Key Points

• Ford Motor was downgraded from a "hold" to a "moderate sell" rating by Dbs Bank, reflecting concerns about the company's performance.
• Despite the downgrade, several analysts including JPMorgan Chase and Goldman Sachs have raised their target prices for Ford, indicating a mixed outlook among market analysts.
• Ford's recent quarterly earnings showed a net revenue of $50.18 billion, exceeding analyst estimates, with a quarterly EPS of $0.37, indicating positive financial performance year-over-year.

Ford Motor (NYSE:F - Get Free Report) was downgraded by research analysts at Dbs Bank from a "hold" rating to a "moderate sell" rating in a research note issued on Monday,Zacks.com reports.

A number of other analysts have also issued reports on F. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a research note on Sunday, July 20th. UBS Group increased their price target on Ford Motor from $9.00 to $11.00 and gave the company a "neutral" rating in a research report on Monday, July 14th. JPMorgan Chase & Co. increased their price target on Ford Motor from $12.00 to $13.00 and gave the company an "overweight" rating in a research report on Monday, July 21st. Royal Bank Of Canada increased their price target on Ford Motor from $10.00 to $11.00 and gave the company a "sector perform" rating in a research report on Tuesday. Finally, Barclays raised their target price on Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 16th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $10.53.

Ford Motor Trading Up 1.6%

Shares of NYSE F traded up $0.18 during mid-day trading on Monday, reaching $11.24. 59,487,320 shares of the company's stock were exchanged, compared to its average volume of 69,519,240. The firm has a market capitalization of $44.68 billion, a price-to-earnings ratio of 14.40, a PEG ratio of 3.21 and a beta of 1.48. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. Ford Motor has a 52-week low of $8.44 and a 52-week high of $11.97. The company's 50-day moving average is $10.94 and its 200-day moving average is $10.23.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.04. The company had revenue of $50.18 billion during the quarter, compared to the consensus estimate of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%. Ford Motor's revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.47 EPS. Analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Insider Buying and Selling at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of Ford Motor stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the transaction, the insider owned 113,939 shares of the company's stock, valued at $1,253,329. The trade was a 20.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.48% of the stock is currently owned by company insiders.

Institutional Trading of Ford Motor

Several institutional investors and hedge funds have recently made changes to their positions in F. Grove Bank & Trust increased its stake in Ford Motor by 289.1% in the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock valued at $25,000 after purchasing an additional 1,882 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new position in Ford Motor in the second quarter valued at $25,000. Elite Financial Inc. acquired a new position in Ford Motor in the first quarter valued at $27,000. Olde Wealth Management LLC acquired a new stake in Ford Motor during the first quarter worth about $28,000. Finally, MorganRosel Wealth Management LLC purchased a new position in shares of Ford Motor in the 1st quarter worth about $30,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

About Ford Motor

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.