Ford Motor (NYSE:F) Price Target Raised to $17.00

Ford Motor (NYSE:F) had its target price increased by JPMorgan Chase & Co. from $16.00 to $17.00 in a report released on Wednesday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the auto manufacturer’s stock.

A number of other research firms also recently commented on F. Zacks Research upgraded Ford Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 6th. TD Cowen lifted their price target on Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a research note on Wednesday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a research note on Wednesday, June 24th. Royal Bank Of Canada increased their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the company a “sector perform” rating in a research note on Wednesday. Finally, Morgan Stanley restated an “equal weight” rating and set a $14.00 target price on shares of Ford Motor in a report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Ford Motor presently has an average rating of “Hold” and a consensus target price of $15.68.

Ford Motor Trading Down 1.1%

Shares of F opened at $14.70 on Wednesday. Ford Motor has a twelve month low of $10.68 and a twelve month high of $17.78. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 3.07. The firm has a market capitalization of $58.56 billion, a P/E ratio of -7.86, a PEG ratio of 0.37 and a beta of 1.82. The firm’s 50-day moving average is $14.55 and its two-hundred day moving average is $13.47.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. The company had revenue of $48.30 billion during the quarter, compared to the consensus estimate of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The company’s revenue for the quarter was down 3.8% on a year-over-year basis. During the same period last year, the firm earned $0.37 EPS. On average, research analysts predict that Ford Motor will post 1.72 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Tuesday, August 11th. Ford Motor’s dividend payout ratio (DPR) is currently -32.09%.

Institutional Trading of Ford Motor

Hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank acquired a new position in Ford Motor during the fourth quarter worth approximately $674,437,000. SBI Okasan Asset Management Co.Ltd. acquired a new position in shares of Ford Motor in the 4th quarter valued at $1,769,000. TD Asset Management Inc grew its stake in shares of Ford Motor by 11.0% during the 4th quarter. TD Asset Management Inc now owns 1,908,234 shares of the auto manufacturer’s stock valued at $25,036,000 after buying an additional 189,310 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Ford Motor by 2.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,345,131 shares of the auto manufacturer’s stock worth $57,008,000 after buying an additional 103,423 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its holdings in shares of Ford Motor by 22.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 2,001,319 shares of the auto manufacturer’s stock worth $23,095,000 after buying an additional 366,218 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor News Roundup

Here are the key news stories impacting Ford Motor this week:

• Positive Sentiment: Profit beat supports the stock: Ford reported quarterly earnings of $0.42 per share, exceeding the $0.33 analyst consensus, while revenue of $48.30 billion also topped expectations. The earnings beat outweighed the year-over-year revenue decline and has been a key reason for the stock’s recent increase. Why Ford Stock Is Up Today
• Positive Sentiment: Analyst sentiment is improving modestly: DZ Bank upgraded Ford from “sell” to “hold” and set a $16 price target, implying approximately 9% potential upside from the recently cited share price. JPMorgan, TD Cowen and Piper Sandler also reportedly forecast further appreciation. Ford Analyst Upgrade
• Positive Sentiment: Defense business offers diversification: Ford secured its largest U.S. Army truck contract since the Cold War, involving F-Series-based tactical truck prototypes. The program could provide an additional revenue opportunity beyond conventional vehicle sales. Ford Lands Army Truck Contract
• Neutral Sentiment: Brokerage consensus remains cautious: Ford has an average “hold” recommendation, while BNP Paribas Exane raised its target from $14 to $14.50 but maintained a neutral rating. BNP Paribas Exane Ford Target
• Neutral Sentiment: Unusually large options activity may increase trading volatility, but the available report does not establish whether investors were betting bullishly or bearishly. Ford Options Trading
• Negative Sentiment: EV momentum appears to be weakening: Ford and General Motors are reportedly discussing electric vehicles less frequently with investors after previously committing billions of dollars to EV initiatives. This may reinforce concerns about strategy, demand and the returns on Ford’s EV investments. GM and Ford EV Strategy
• Negative Sentiment: Analysts and commentators remain skeptical of Ford’s attempts to diversify beyond automobiles, citing the automaker’s mixed track record with such initiatives. Ford Diversification Concerns
• Negative Sentiment: CEO Jim Farley warned employees that Chinese automakers could enter the U.S. market within five to ten years, highlighting a longer-term competitive threat despite current trade barriers. Ford CEO on Chinese Competition

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.