Ford Motor (NYSE:F - Get Free Report) had its target price upped by equities research analysts at JPMorgan Chase & Co. from $13.00 to $14.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has an "overweight" rating on the auto manufacturer's stock. JPMorgan Chase & Co.'s target price points to a potential upside of 16.62% from the company's current price.
Several other equities analysts also recently weighed in on F. Royal Bank Of Canada lifted their target price on Ford Motor from $10.00 to $11.00 and gave the company a "sector perform" rating in a research report on Tuesday, August 5th. Jefferies Financial Group upgraded Ford Motor from an "underperform" rating to a "hold" rating and lifted their target price for the company from $9.00 to $12.00 in a research report on Monday, October 6th. Wells Fargo & Company lifted their target price on Ford Motor from $8.00 to $10.00 and gave the company an "underweight" rating in a research report on Friday, October 3rd. Weiss Ratings reissued a "hold (c)" rating on shares of Ford Motor in a report on Tuesday, October 14th. Finally, Piper Sandler raised their price target on Ford Motor from $9.00 to $9.50 and gave the company a "neutral" rating in a report on Thursday, July 31st. Two analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $11.11.
View Our Latest Analysis on F
Ford Motor Stock Performance
NYSE F traded up $0.09 on Monday, hitting $12.01. 77,851,058 shares of the company traded hands, compared to its average volume of 92,667,875. The company has a market capitalization of $47.78 billion, a price-to-earnings ratio of 15.39, a P/E/G ratio of 3.47 and a beta of 1.53. The company has a current ratio of 1.10, a quick ratio of 0.95 and a debt-to-equity ratio of 2.24. The business's 50 day moving average price is $11.72 and its 200-day moving average price is $10.95. Ford Motor has a 52-week low of $8.44 and a 52-week high of $12.80.
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 for 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 quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.47 earnings per share. Equities analysts expect that Ford Motor will post 1.47 earnings per share for the current year.
Institutional Investors Weigh In On Ford Motor
Several large investors have recently added to or reduced their stakes in F. ORG Partners LLC increased its stake in Ford Motor by 228.2% during the first quarter. ORG Partners LLC now owns 4,418 shares of the auto manufacturer's stock worth $44,000 after acquiring an additional 3,072 shares during the last quarter. Advisor Resource Council bought a new stake in Ford Motor during the first quarter worth approximately $235,000. Childress Capital Advisors LLC bought a new stake in Ford Motor during the first quarter worth approximately $164,000. Cambridge Investment Research Advisors Inc. boosted its position in shares of Ford Motor by 4.3% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 1,564,674 shares of the auto manufacturer's stock valued at $15,694,000 after buying an additional 65,039 shares during the period. Finally, First Bancorp Inc ME grew its stake in shares of Ford Motor by 10.5% during the first quarter. First Bancorp Inc ME now owns 21,059 shares of the auto manufacturer's stock valued at $211,000 after buying an additional 2,000 shares during the last quarter. 58.74% of the stock is owned by institutional investors.
About Ford Motor
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Ford Motor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ford Motor wasn't on the list.
While Ford Motor currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
