Ford Motor (NYSE:F) Rating Lowered to Underperform at Jefferies Financial Group

Ford Motor (NYSE:F) was downgraded by equities research analysts at Jefferies Financial Group from a “hold” rating to an “underperform” rating in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. They presently have a $9.00 price target on the auto manufacturer’s stock, down from their prior price target of $12.00. Jefferies Financial Group’s price objective points to a potential downside of 13.38% from the company’s current price.

Other analysts have also recently issued research reports about the stock. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Barclays lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Finally, Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus target price of $11.83.

Ford Motor Price Performance

Shares of F opened at $10.39 on Monday. The stock has a market cap of $41.29 billion, a P/E ratio of 11.81, a price-to-earnings-growth ratio of 1.90 and a beta of 1.62. Ford Motor has a 1 year low of $9.49 and a 1 year high of $14.85. The stock’s 50-day moving average price is $10.85 and its two-hundred day moving average price is $11.31. 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 released its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The business had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same quarter last year, the firm earned $0.39 EPS. Ford Motor’s quarterly revenue was up 5.5% compared to the same quarter last year. On average, equities analysts predict that Ford Motor will post 1.81 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Worldquant Millennium Advisors LLC acquired a new stake in Ford Motor in the third quarter valued at $55,456,000. ING Groep NV lifted its stake in Ford Motor by 93.4% in the 3rd quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock valued at $12,473,000 after purchasing an additional 570,293 shares during the last quarter. OneAscent Financial Services LLC acquired a new stake in Ford Motor in the 3rd quarter valued at about $545,000. Quantbot Technologies LP grew its holdings in Ford Motor by 1,157.9% during the third quarter. Quantbot Technologies LP now owns 181,006 shares of the auto manufacturer’s stock worth $1,911,000 after purchasing an additional 166,617 shares during the period. Finally, GSA Capital Partners LLP increased its position in Ford Motor by 20.8% during the third quarter. GSA Capital Partners LLP now owns 91,278 shares of the auto manufacturer’s stock worth $964,000 after buying an additional 15,729 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.

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.