Shares of Ford Motor (NYSE:F - Get Free Report) have been assigned an average recommendation of "Hold" from the fourteen research firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $13.89.
Several research analysts have issued reports on the company. Sanford C. Bernstein assumed coverage on Ford Motor in a report on Thursday, May 23rd. They set an "outperform" rating and a $16.00 price objective on the stock. Piper Sandler began coverage on Ford Motor in a report on Friday, March 15th. They issued a "neutral" rating and a $13.00 price target on the stock. Barclays boosted their price objective on Ford Motor from $15.00 to $16.00 and gave the stock an "overweight" rating in a report on Thursday, April 11th. Citigroup raised their target price on shares of Ford Motor from $16.00 to $18.00 and gave the company a "buy" rating in a research note on Thursday, May 2nd. Finally, UBS Group boosted their price target on shares of Ford Motor from $13.00 to $14.00 and gave the stock a "neutral" rating in a research note on Thursday, April 25th.
Check Out Our Latest Stock Analysis on F
Ford Motor Price Performance
NYSE:F traded down $0.23 during mid-day trading on Friday, hitting $11.71. The company's stock had a trading volume of 49,382,087 shares, compared to its average volume of 41,126,400. The company has a market capitalization of $46.75 billion, a price-to-earnings ratio of 12.07, a P/E/G ratio of 0.77 and a beta of 1.61. The company has a current ratio of 1.17, a quick ratio of 0.99 and a debt-to-equity ratio of 2.32. Ford Motor has a fifty-two week low of $9.63 and a fifty-two week high of $15.42. The stock has a fifty day moving average of $12.32 and a 200-day moving average of $12.16.
Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.42 by $0.07. The company had revenue of $42.78 billion for the quarter, compared to the consensus estimate of $42.93 billion. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The firm's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.63 EPS. As a group, equities analysts forecast that Ford Motor will post 1.99 EPS for the current fiscal year.
Ford Motor Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Investors of record on Wednesday, May 8th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.12%. The ex-dividend date of this dividend was Tuesday, May 7th. Ford Motor's dividend payout ratio (DPR) is currently 61.86%.
Insider Transactions at Ford Motor
In related news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the completion of the transaction, the director now directly owns 168,601 shares of the company's stock, valued at $2,038,386.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.80% of the company's stock.
Hedge Funds Weigh In On Ford Motor
A number of institutional investors have recently bought and sold shares of the business. DekaBank Deutsche Girozentrale boosted its holdings in shares of Ford Motor by 23.3% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 958,954 shares of the auto manufacturer's stock worth $11,925,000 after buying an additional 181,443 shares during the period. Bank Julius Baer & Co. Ltd Zurich acquired a new position in shares of Ford Motor in the third quarter valued at approximately $33,000. Checchi Capital Advisers LLC increased its stake in shares of Ford Motor by 2.0% during the third quarter. Checchi Capital Advisers LLC now owns 52,286 shares of the auto manufacturer's stock worth $649,000 after purchasing an additional 1,040 shares during the period. Rafferty Asset Management LLC lifted its holdings in Ford Motor by 6.5% during the 3rd quarter. Rafferty Asset Management LLC now owns 353,442 shares of the auto manufacturer's stock worth $4,390,000 after purchasing an additional 21,543 shares during the last quarter. Finally, Korea Investment CORP boosted its stake in Ford Motor by 5.2% in the 3rd quarter. Korea Investment CORP now owns 2,292,778 shares of the auto manufacturer's stock valued at $28,476,000 after purchasing an additional 114,065 shares during the period. Institutional investors and hedge funds own 58.74% of the company's stock.
About Ford Motor
(Get Free Report
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.
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