Brokerages Set Ford Motor (NYSE:F) Target Price at $10.03

Shares of Ford Motor (NYSE:F - Get Free Report) have been assigned a consensus rating of "Reduce" from the seventeen research firms that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $10.03.

F has been the topic of several analyst reports. Royal Bank of Canada dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a research report on Thursday, February 6th. Wells Fargo & Company dropped their price target on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research report on Thursday, February 6th. Evercore ISI dropped their price target on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a research report on Monday, February 10th. Wolfe Research upgraded shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Finally, UBS Group dropped their price target on shares of Ford Motor from $10.00 to $9.00 and set a "neutral" rating on the stock in a research report on Thursday, April 10th.

Hedge Funds Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently bought and sold shares of F. NCP Inc. raised its stake in Ford Motor by 62.0% during the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock worth $738,000 after purchasing an additional 28,528 shares during the period. Alberta Investment Management Corp raised its stake in Ford Motor by 87.1% during the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock worth $1,941,000 after purchasing an additional 91,300 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Ford Motor by 12.3% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 455,671 shares of the auto manufacturer's stock worth $4,511,000 after purchasing an additional 49,844 shares during the period. ABC Arbitrage SA purchased a new position in Ford Motor during the fourth quarter worth about $1,012,000. Finally, Wernau Asset Management Inc. purchased a new position in Ford Motor during the fourth quarter worth about $344,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Stock Performance

Ford Motor stock traded down $0.42 during mid-day trading on Friday, reaching $9.97. 169,200,871 shares of the company traded hands, compared to its average volume of 109,801,602. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. Ford Motor has a fifty-two week low of $8.44 and a fifty-two week high of $14.85. The company has a market capitalization of $39.63 billion, a price-to-earnings ratio of 6.83, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. The firm's fifty day moving average is $10.00 and its two-hundred day moving average is $10.01.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. The firm had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The business's quarterly revenue was down 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.49 earnings per share. On average, equities research analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 6.02%. Ford Motor's payout ratio is presently 48.00%.

Ford Motor Company Profile

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.