Ford Motor Company (NYSE:F) Receives Average Recommendation of “Hold” from Brokerages

Ford Motor Company (NYSE:F) has been given a consensus recommendation of “Hold” by the sixteen brokerages that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and five have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $14.6286.

F has been the topic of several analyst reports. TD Cowen dropped their target price on Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research report on Friday, May 1st. Wall Street Zen raised Ford Motor from a “hold” rating to a “buy” rating in a research report on Saturday. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $13.00 target price on shares of Ford Motor in a research report on Friday, May 15th. Citigroup increased their target price on Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a research report on Monday, June 1st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Ford Motor in a research report on Friday, March 27th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of F. Grove Bank & Trust grew its stake in shares of Ford Motor by 110.7% in the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after purchasing an additional 1,000 shares in the last quarter. MV Capital Management Inc. bought a new position in shares of Ford Motor in the fourth quarter worth $25,000. Olistico Wealth LLC bought a new position in shares of Ford Motor in the fourth quarter worth $26,000. McMillan Office Inc. bought a new position in shares of Ford Motor in the fourth quarter worth $26,000. Finally, Legacy Wealth Managment LLC ID grew its stake in shares of Ford Motor by 108.4% in the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after purchasing an additional 1,230 shares in the last quarter. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

F stock opened at $14.78 on Thursday. Ford Motor has a 12-month low of $10.38 and a 12-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 2.84. The stock’s 50 day simple moving average is $13.52 and its 200 day simple moving average is $13.30. The firm has a market cap of $58.89 billion, a P/E ratio of -9.53, a P/E/G ratio of 0.32 and a beta of 1.79.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.48. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The firm had revenue of $43.25 billion for the quarter, compared to analyst estimates of $42.66 billion. During the same period last year, the company earned $0.14 earnings per share. The firm’s revenue for the quarter was up 6.4% on a year-over-year basis. As a group, equities research analysts predict that Ford Motor will post 1.64 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.60 annualized dividend and a yield of 4.1%. Ford Motor’s dividend payout ratio (DPR) is currently -38.71%.

Ford Motor Company Profile

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.