Ford Motor (NYSE:F) Given Average Recommendation of “Hold” by Brokerages

Ford Motor (NYSE:F) has received an average recommendation of “Hold” from the fifteen analysts that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $12.64.

Several equities research analysts recently issued reports on F shares. Evercore ISI upgraded shares of Ford Motor to a “hold” rating in a research report on Friday, July 26th. The Goldman Sachs Group reduced their price target on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a research report on Thursday, July 25th. Royal Bank of Canada lowered their price objective on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating for the company in a research report on Monday, August 12th. Wolfe Research assumed coverage on Ford Motor in a research report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Finally, Wells Fargo & Company decreased their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th.

Ford Motor Trading Down 2.0 %

Shares of Ford Motor stock opened at $10.56 on Tuesday. Ford Motor has a twelve month low of $9.49 and a twelve month high of $14.85. The firm’s 50-day moving average price is $10.80 and its 200 day moving average price is $11.97. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The firm has a market capitalization of $42.16 billion, a PE ratio of 10.89, a P/E/G ratio of 0.79 and a beta of 1.62.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.68 by ($0.21). The company had revenue of $47.81 billion for the quarter, compared to analyst estimates of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.72 earnings per share. On average, sell-side analysts predict that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.68%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

Institutional Investors Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently made changes to their positions in F. Olistico Wealth LLC acquired a new stake in shares of Ford Motor in the 2nd quarter valued at about $25,000. Fortis Group Advisors LLC boosted its holdings in shares of Ford Motor by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after acquiring an additional 1,086 shares during the period. Family Firm Inc. purchased a new position in shares of Ford Motor during the second quarter worth approximately $26,000. Voisard Asset Management Group Inc. acquired a new position in shares of Ford Motor in the 4th quarter valued at $27,000. Finally, Financial Synergies Wealth Advisors Inc. raised its position in Ford Motor by 1,997.9% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,938 shares during the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

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.