Ford Motor (NYSE:F) Stock Rating Upgraded by Wall Street Zen

Ford Motor (NYSE:F - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "sell" rating to a "hold" rating in a research report issued on Sunday.

Other analysts have also recently issued research reports about the stock. Barclays boosted their target price on shares of Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a report on Wednesday, July 16th. Sanford C. Bernstein cut shares of Ford Motor from a "market perform" rating to an "underperform" rating and dropped their target price for the company from $9.40 to $7.00 in a report on Wednesday, April 9th. Piper Sandler boosted their target price on shares of Ford Motor from $8.50 to $9.00 and gave the company a "neutral" rating in a report on Thursday, May 22nd. JPMorgan Chase & Co. boosted their target price on shares of Ford Motor from $11.00 to $12.00 and gave the company an "overweight" rating in a report on Thursday, May 1st. Finally, Wolfe Research upgraded shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a report on Wednesday, April 30th. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $10.37.

Ford Motor Stock Performance

NYSE F traded up $0.20 during trading on Friday, hitting $11.39. 76,122,908 shares of the company's stock traded hands, compared to its average volume of 83,521,107. The stock has a market capitalization of $45.29 billion, a price-to-earnings ratio of 9.11, a PEG ratio of 3.28 and a beta of 1.49. Ford Motor has a 12-month low of $8.44 and a 12-month high of $13.88. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13. The business has a 50 day moving average of $10.84 and a 200-day moving average of $10.15.

Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.16. Ford Motor had a net margin of 2.74% and a return on equity of 13.49%. The business had revenue of $40.66 billion for the quarter, compared to the consensus estimate of $35.99 billion. During the same period last year, the firm posted $0.49 earnings per share. Ford Motor's quarterly revenue was down 6.2% on a year-over-year basis. As a group, equities research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Insider Buying and Selling at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total transaction of $330,000.00. Following the sale, the insider owned 113,939 shares of the company's stock, valued at $1,253,329. This trade represents a 20.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.48% of the company's stock.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Ford Motor by 13.8% during the 1st 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 during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Ford Motor by 8.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer's stock worth $1,404,741,000 after purchasing an additional 10,947,527 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of Ford Motor by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 84,078,284 shares of the auto manufacturer's stock worth $830,662,000 after acquiring an additional 2,089,127 shares during the period. Pacer Advisors Inc. boosted its position in shares of Ford Motor by 6,915.1% during the 1st quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer's stock valued at $492,253,000 after acquiring an additional 48,378,444 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of Ford Motor by 11.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 46,508,882 shares of the auto manufacturer's stock valued at $460,444,000 after acquiring an additional 4,925,993 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company's stock.

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.