Ford Motor (NYSE:F) Receives $12.08 Average Price Target from Brokerages

Ford Motor (NYSE:F) has received an average recommendation of “Hold” from the thirteen brokerages that are covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $12.09.

A number of research analysts have recently commented on F shares. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Wells Fargo & Company dropped their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. Finally, Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of F. Birmingham Capital Management Co. Inc. AL increased its stake in Ford Motor by 21.4% during the 3rd quarter. Birmingham Capital Management Co. Inc. AL now owns 14,200 shares of the auto manufacturer’s stock valued at $150,000 after purchasing an additional 2,500 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after buying an additional 336,720 shares during the last quarter. Tidal Investments LLC boosted its holdings in shares of Ford Motor by 79.4% in the third quarter. Tidal Investments LLC now owns 302,940 shares of the auto manufacturer’s stock worth $3,199,000 after buying an additional 134,042 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Ford Motor in the third quarter worth approximately $192,000. Finally, World Investment Advisors LLC lifted its holdings in Ford Motor by 31.8% during the third quarter. World Investment Advisors LLC now owns 33,168 shares of the auto manufacturer’s stock valued at $350,000 after purchasing an additional 8,000 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Price Performance

Ford Motor stock opened at $10.40 on Friday. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The company’s 50 day moving average price is $10.85 and its two-hundred day moving average price is $11.33. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The stock has a market cap of $41.33 billion, a P/E ratio of 11.85, a P/E/G ratio of 1.91 and a beta of 1.62.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.39 EPS. On average, equities analysts predict that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were paid a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.77%. Ford Motor’s payout ratio is 68.18%.

Ford Motor Company Profile

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.