Wolfe Research Upgrades Ford Motor (NYSE:F) to "Peer Perform"

Ford Motor (NYSE:F - Get Free Report) was upgraded by Wolfe Research from an "underperform" rating to a "peer perform" rating in a report issued on Wednesday, Marketbeat.com reports.

Several other research firms have also recently weighed in on F. TD Cowen began coverage on Ford Motor in a report on Friday, March 7th. They issued a "hold" rating and a $10.00 price objective for the company. BNP Paribas raised Ford Motor to a "hold" rating in a research note on Monday, February 10th. UBS Group reduced their price objective 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. Barclays dropped their target price on shares of Ford Motor from $10.00 to $8.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 15th. Finally, StockNews.com cut shares of Ford Motor from a "hold" rating to a "sell" rating in a research report on Thursday, April 10th. Four equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $9.83.

Ford Motor Trading Up 1.9 %

F traded up $0.19 on Wednesday, hitting $10.20. 126,497,961 shares of the company were exchanged, compared to its average volume of 73,450,502. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. Ford Motor has a 12 month low of $8.44 and a 12 month high of $14.85. The firm has a fifty day simple moving average of $9.70 and a two-hundred day simple moving average of $10.09. The stock has a market capitalization of $40.42 billion, a PE ratio of 6.98, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Sell-side analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Hedge Funds Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently modified their holdings of the company. Mitchell Mcleod Pugh & Williams Inc. bought a new stake in shares of Ford Motor during the 1st quarter valued at $117,000. Bleakley Financial Group LLC grew its holdings in Ford Motor by 33.8% during the first quarter. Bleakley Financial Group LLC now owns 64,275 shares of the auto manufacturer's stock valued at $645,000 after purchasing an additional 16,232 shares during the period. LRI Investments LLC increased its position in Ford Motor by 316.2% in the first quarter. LRI Investments LLC now owns 4,245 shares of the auto manufacturer's stock worth $43,000 after buying an additional 3,225 shares in the last quarter. Secured Retirement Advisors LLC purchased a new stake in Ford Motor in the first quarter worth about $133,000. Finally, Schechter Investment Advisors LLC bought a new position in shares of Ford Motor in the first quarter worth about $114,000. 58.74% of the stock is owned by institutional investors.

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.