Ford Motor Company (NYSE:F) Receives Average Rating of “Hold” from Analysts

Ford Motor Company (NYSE:F) has been given an average recommendation of “Hold” by the nineteen analysts that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and eight have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $15.6750.

F has been the topic of several research reports. Piper Sandler raised their price objective on shares of Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 29th. Dbs Bank upgraded shares of Ford Motor from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, August 11th. Wall Street Zen lowered Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. DZ Bank upgraded Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 price target on the stock in a research report on Friday, July 31st. Finally, Wells Fargo & Company upped their price objective on Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research note on Thursday, June 25th.

Institutional Investors Weigh In On Ford Motor

Hedge funds have recently added to or reduced their stakes in the company. QRG Capital Management Inc. increased its position in Ford Motor by 7.4% during the 2nd quarter. QRG Capital Management Inc. now owns 110,023 shares of the auto manufacturer’s stock worth $1,529,000 after purchasing an additional 7,587 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Ford Motor by 20.7% in the second quarter. Envestnet Asset Management Inc. now owns 670,152 shares of the auto manufacturer’s stock valued at $9,315,000 after buying an additional 114,937 shares in the last quarter. Andra AP fonden boosted its stake in shares of Ford Motor by 88.2% in the second quarter. Andra AP fonden now owns 504,055 shares of the auto manufacturer’s stock valued at $7,006,000 after buying an additional 236,200 shares in the last quarter. State Street Corp grew its holdings in Ford Motor by 0.8% during the second quarter. State Street Corp now owns 194,039,770 shares of the auto manufacturer’s stock worth $2,697,153,000 after acquiring an additional 1,492,186 shares during the period. Finally, Wellington Altus USA Inc. acquired a new position in Ford Motor during the second quarter worth $125,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Performance

NYSE:F opened at $12.95 on Friday. Ford Motor has a 52 week low of $11.11 and a 52 week high of $17.78. The company has a fifty day simple moving average of $14.06 and a two-hundred day simple moving average of $13.52. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. The company has a market cap of $51.62 billion, a price-to-earnings ratio of -6.92, a price-to-earnings-growth ratio of 0.27 and a beta of 1.83.

Ford Motor (NYSE:F) last released its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The business had revenue of $48.30 billion for the quarter, compared to the consensus estimate of $47.24 billion. During the same quarter in the prior year, the business posted $0.37 EPS. The business’s revenue for the quarter was down 3.8% on a year-over-year basis. As a group, equities analysts anticipate that Ford Motor will post 1.86 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Tuesday, August 11th. Ford Motor’s payout ratio is currently -32.09%.

About Ford Motor

Ford Motor Co is a global automotive company that designs, manufactures, markets and services cars, trucks, sport utility vehicles and commercial vehicles. Its portfolio includes the Ford and Lincoln brands, as well as a range of gasoline-powered, hybrid and electric vehicles. Ford also provides vehicle maintenance, repair and related services through its dealer network.

The company organizes its automotive operations into Ford Blue, which focuses on traditional and hybrid vehicles; Ford Model e, which develops electric vehicles and connected technologies; and Ford Pro, which serves commercial and government customers with vehicles, software and fleet-management services.