Ford Motor (NYSE:F) Receives $14.02 Average Price Target from Analysts

Shares of Ford Motor (NYSE:F) have been given an average recommendation of “Hold” by the thirteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $14.02.

A number of analysts have issued reports on the company. UBS Group lifted their price objective on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Thursday, April 25th. Royal Bank of Canada lifted their price objective on Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 25th. Barclays lifted their price objective on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Redburn Atlantic assumed coverage on Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 price objective on the stock. Finally, Morgan Stanley lifted their price objective on Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th.

Ford Motor Stock Up 0.4 %

F stock opened at $12.20 on Friday. Ford Motor has a twelve month low of $9.63 and a twelve month high of $15.42. The company has a quick ratio of 0.99, a current ratio of 1.17 and a debt-to-equity ratio of 2.32. The stock has a market cap of $48.48 billion, a P/E ratio of 12.58, a PEG ratio of 0.86 and a beta of 1.63. The business’s 50-day moving average price is $12.63 and its 200-day moving average price is $11.80.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.07. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The company had revenue of $42.78 billion for the quarter, compared to analysts’ expectations of $42.93 billion. During the same period in the previous year, the firm earned $0.63 EPS. The firm’s revenue was up 3.1% compared to the same quarter last year. On average, equities research analysts forecast that Ford Motor will post 1.94 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 4.92%. The ex-dividend date of this dividend is Tuesday, May 7th. Ford Motor’s dividend payout ratio is 61.86%.

Insider Buying and Selling

In related news, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the sale, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Newport Trust Company LLC increased its position in Ford Motor by 4.5% during the 4th quarter. Newport Trust Company LLC now owns 155,177,214 shares of the auto manufacturer’s stock valued at $1,891,610,000 after buying an additional 6,667,808 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Ford Motor by 0.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 87,661,675 shares of the auto manufacturer’s stock valued at $1,068,596,000 after purchasing an additional 269,887 shares during the period. Fisher Asset Management LLC increased its holdings in shares of Ford Motor by 6.3% in the fourth quarter. Fisher Asset Management LLC now owns 59,152,154 shares of the auto manufacturer’s stock valued at $721,065,000 after purchasing an additional 3,522,965 shares during the period. Norges Bank acquired a new position in shares of Ford Motor in the fourth quarter valued at about $475,899,000. Finally, Northern Trust Corp increased its holdings in shares of Ford Motor by 3.8% in the third quarter. Northern Trust Corp now owns 38,108,825 shares of the auto manufacturer’s stock valued at $473,312,000 after purchasing an additional 1,392,408 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

About Ford Motor

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.