Ford Motor (NYSE:F) Given New $12.50 Price Target at UBS Group

Key Points

• UBS Group has raised its price target for Ford Motor from $11.00 to $12.50, maintaining a "neutral" rating, indicating a potential downside of 1.38% from the previous close.
• Ford received mixed reviews from various analysts; while Goldman Sachs raised its target to $12.00, Dbs Bank downgraded its rating to "moderate sell," showing divergence in analyst sentiment.
• Ford's recent earnings exceeded expectations, with a reported EPS of $0.37 against an expected $0.33, contributing to a revenue increase of 5.0% year-over-year, totaling $50.18 billion for the quarter.

Ford Motor (NYSE:F - Get Free Report) had its target price lifted by stock analysts at UBS Group from $11.00 to $12.50 in a research note issued on Monday,Benzinga reports. The brokerage presently has a "neutral" rating on the auto manufacturer's stock. UBS Group's price target indicates a potential downside of 1.38% from the company's previous close.

Several other research analysts have also recently issued reports on F. The Goldman Sachs Group raised their target price on shares of Ford Motor from $11.00 to $12.00 and gave the stock a "neutral" rating in a report on Monday, September 29th. Dbs Bank cut shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a report on Monday, August 4th. Wall Street Zen raised shares of Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Wells Fargo & Company lifted their price objective on shares of Ford Motor from $8.00 to $10.00 and gave the company an "underweight" rating in a report on Friday. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Ford Motor in a report on Saturday, September 27th. Two research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, Ford Motor currently has a consensus rating of "Hold" and a consensus target price of $11.04.

Ford Motor Stock Performance

Shares of Ford Motor stock traded up $0.01 during trading on Monday, hitting $12.68. 41,344,888 shares of the company's stock were exchanged, compared to its average volume of 92,356,391. The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. The business has a 50-day simple moving average of $11.58 and a 200-day simple moving average of $10.83. Ford Motor has a 52-week low of $8.44 and a 52-week high of $12.71. The stock has a market capitalization of $50.44 billion, a price-to-earnings ratio of 16.25, a PEG ratio of 3.64 and a beta of 1.53.

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

Institutional Trading of Ford Motor

A number of institutional investors and hedge funds have recently modified their holdings of F. Vanguard Group Inc. increased its stake in shares of Ford Motor by 13.8% during the first quarter. Vanguard Group Inc. now owns 457,660,361 shares of the auto manufacturer's stock worth $4,590,333,000 after purchasing an additional 55,576,478 shares in the last quarter. Pacer Advisors Inc. increased its stake in shares of Ford Motor by 6,915.1% during the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock worth $492,253,000 after purchasing an additional 48,378,444 shares in the last quarter. Norges Bank purchased a new stake in shares of Ford Motor during the second quarter worth about $405,328,000. Marshall Wace LLP increased its stake in shares of Ford Motor by 712.7% during the second quarter. Marshall Wace LLP now owns 19,572,437 shares of the auto manufacturer's stock worth $212,361,000 after purchasing an additional 17,164,234 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Ford Motor by 17.9% during the second quarter. Geode Capital Management LLC now owns 103,784,031 shares of the auto manufacturer's stock worth $1,122,434,000 after purchasing an additional 15,748,694 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company's stock.

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.

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