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

Shares of Ford Motor (NYSE:F) have earned an average recommendation of “Reduce” from the fourteen ratings firms that are currently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $11.83.

F has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reduced their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Barclays reduced their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Wells Fargo & Company reduced their price objective on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Finally, Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Principal Financial Group Inc. raised its stake in Ford Motor by 3.8% during the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after purchasing an additional 160,409 shares during the period. Birmingham Capital Management Co. Inc. AL raised 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 during the period. Franklin Resources Inc. increased its stake 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 acquiring an additional 336,720 shares during the last quarter. Tidal Investments LLC increased its stake 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 acquiring an additional 134,042 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Ford Motor in the third quarter worth $192,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Up 0.2 %

NYSE:F opened at $9.90 on Thursday. The firm has a market capitalization of $39.35 billion, a PE ratio of 11.25, a price-to-earnings-growth ratio of 1.90 and a beta of 1.62. The stock has a 50 day moving average of $10.61 and a 200-day moving average of $11.12. Ford Motor has a 52 week low of $9.49 and a 52 week high of $14.85. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last posted its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.39 earnings per share. Analysts predict that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 6.06%. Ford Motor’s dividend payout ratio is currently 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.