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

Shares of Ford Motor (NYSE:F) have been given a consensus rating of “Hold” by the eighteen ratings firms that are currently covering the company, MarketBeat reports. Four research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation, six have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $10.83.

A number of research firms have recently commented on F. Benchmark began coverage on Ford Motor in a research report on Thursday. They issued a “hold” rating for the company. Credit Suisse Group reiterated an “outperform” rating on shares of Ford Motor in a research report on Tuesday, November 19th. Buckingham Research dropped their price target on Ford Motor from $9.00 to $8.00 and set a “neutral” rating for the company in a research report on Tuesday, October 1st. TheStreet upgraded Ford Motor from a “c” rating to a “b-” rating in a research report on Tuesday, December 17th. Finally, Morgan Stanley reiterated a “buy” rating and set a $12.00 price target on shares of Ford Motor in a research report on Thursday, October 31st.

In other news, CEO James P. Hackett sold 20,000 shares of the stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $9.29, for a total value of $185,800.00. Following the transaction, the chief executive officer now owns 145,184 shares in the company, valued at approximately $1,348,759.36. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director John C. Lechleiter acquired 25,000 shares of the company’s stock in a transaction dated Friday, October 25th. The stock was acquired at an average price of $8.68 per share, for a total transaction of $217,000.00. Following the acquisition, the director now owns 89,700 shares in the company, valued at approximately $778,596. The disclosure for this purchase can be found here. In the last quarter, insiders sold 60,000 shares of company stock worth $543,200. Company insiders own 0.83% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Penserra Capital Management LLC purchased a new position in shares of Ford Motor in the 3rd quarter valued at approximately $25,000. Asset Dedication LLC grew its stake in shares of Ford Motor by 80.2% in the 3rd quarter. Asset Dedication LLC now owns 3,166 shares of the auto manufacturer’s stock valued at $29,000 after purchasing an additional 1,409 shares during the last quarter. Strategic Blueprint LLC purchased a new position in shares of Ford Motor in the 3rd quarter valued at approximately $30,000. Regal Wealth Group Inc. grew its stake in shares of Ford Motor by 31.9% in the 3rd quarter. Regal Wealth Group Inc. now owns 4,668 shares of the auto manufacturer’s stock valued at $36,000 after purchasing an additional 1,130 shares during the last quarter. Finally, Larson Financial Group LLC grew its stake in shares of Ford Motor by 117.1% in the 3rd quarter. Larson Financial Group LLC now owns 4,125 shares of the auto manufacturer’s stock valued at $38,000 after purchasing an additional 2,225 shares during the last quarter. Institutional investors and hedge funds own 53.50% of the company’s stock.

NYSE:F traded down $0.01 during trading hours on Friday, reaching $9.25. The company had a trading volume of 6,581,763 shares, compared to its average volume of 35,135,664. Ford Motor has a 1-year low of $8.16 and a 1-year high of $10.56. The firm has a market cap of $36.62 billion, a PE ratio of 7.11, a price-to-earnings-growth ratio of 1.03 and a beta of 1.09. The business’s 50 day moving average price is $9.18 and its 200-day moving average price is $9.29. The company has a debt-to-equity ratio of 2.81, a current ratio of 1.17 and a quick ratio of 1.04.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, October 23rd. The auto manufacturer reported $0.34 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.08. The company had revenue of $33.93 billion during the quarter, compared to the consensus estimate of $33.88 billion. Ford Motor had a return on equity of 15.53% and a net margin of 1.01%. Ford Motor’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.29 earnings per share. On average, analysts expect that Ford Motor will post 1.24 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Thursday, January 30th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 6.49%. The ex-dividend date of this dividend is Wednesday, January 29th. Ford Motor’s dividend payout ratio is currently 46.15%.

Ford Motor Company Profile

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment 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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Analyst Recommendations for Ford Motor (NYSE:F)

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