Ford Motor Company (NYSE:F) Receives $13.29 Consensus Price Target from Brokerages

Shares of Ford Motor Company (NYSE:F) have earned an average rating of “Hold” from the eighteen analysts that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and four have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $13.2867.

Several brokerages have recently commented on F. Barclays boosted their price objective on Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Friday, January 23rd. Evercore lifted their target price on shares of Ford Motor from $12.00 to $14.00 and gave the company an “in-line” rating in a research report on Monday, December 22nd. JPMorgan Chase & Co. boosted their price target on shares of Ford Motor from $14.00 to $15.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 21st. Piper Sandler raised shares of Ford Motor from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $11.00 to $16.00 in a report on Thursday, January 8th. Finally, UBS Group raised their price objective on shares of Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a research report on Wednesday, January 14th.

Insider Transactions at Ford Motor

In other news, insider William Clay Ford, Jr. purchased 140,000 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was purchased at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the completion of the purchase, the insider directly owned 3,912,600 shares in the company, valued at approximately $54,072,132. This trade represents a 3.71% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.48% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ford Motor

A number of large investors have recently modified their holdings of the company. Caprock Group LLC bought a new position in shares of Ford Motor during the third quarter valued at about $893,000. Versor Investments LP purchased a new position in shares of Ford Motor in the third quarter worth about $2,187,000. Quantbot Technologies LP lifted its stake in shares of Ford Motor by 91.6% in the 3rd quarter. Quantbot Technologies LP now owns 179,619 shares of the auto manufacturer’s stock valued at $2,148,000 after acquiring an additional 85,848 shares during the last quarter. National Pension Service boosted its holdings in Ford Motor by 6.7% during the 3rd quarter. National Pension Service now owns 8,099,060 shares of the auto manufacturer’s stock valued at $96,865,000 after acquiring an additional 510,426 shares during the period. Finally, MASTERINVEST Kapitalanlage GmbH boosted its holdings in Ford Motor by 180.9% during the 3rd quarter. MASTERINVEST Kapitalanlage GmbH now owns 200,670 shares of the auto manufacturer’s stock valued at $2,400,000 after acquiring an additional 129,228 shares during the period. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Price Performance

NYSE:F opened at $11.20 on Friday. The firm has a market capitalization of $44.66 billion, a price-to-earnings ratio of -5.43, a P/E/G ratio of 0.26 and a beta of 1.65. Ford Motor has a 52-week low of $8.44 and a 52-week high of $14.80. The stock has a fifty day moving average of $13.07 and a 200 day moving average of $12.94. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. Ford Motor had a positive return on equity of 10.16% and a negative net margin of 4.37%.The business had revenue of $45.89 billion for the quarter, compared to analyst estimates of $41.78 billion. During the same period in the prior year, the company earned $0.39 EPS. The company’s quarterly revenue was down 4.8% compared to the same quarter last year. On average, research analysts expect that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 13th were given a dividend of $0.15 per share. The ex-dividend date was Friday, February 13th. This represents a $0.60 dividend on an annualized basis and a yield of 5.4%. Ford Motor’s dividend payout ratio (DPR) is presently -29.13%.

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.