Ford Motor (NYSE:F) Receives Average Recommendation of “Reduce” from Analysts

Shares of Ford Motor (NYSE:F) have been given a consensus recommendation of “Reduce” by the thirteen brokerages that are currently covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $11.82.

Several research firms have weighed in on F. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and dropped their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price target for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft reduced their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Finally, Barclays downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Quarry LP bought a new stake in shares of Ford Motor in the second quarter worth about $27,000. Kimelman & Baird LLC purchased a new stake in shares of Ford Motor during the 2nd quarter worth approximately $30,000. Reston Wealth Management LLC purchased a new position in shares of Ford Motor in the third quarter valued at $33,000. Access Investment Management LLC bought a new stake in Ford Motor in the third quarter worth $34,000. Finally, Modus Advisors LLC purchased a new stake in Ford Motor during the fourth quarter valued at $34,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Price Performance

F opened at $10.12 on Monday. The stock has a market capitalization of $40.20 billion, a P/E ratio of 11.49, a PEG ratio of 1.93 and a beta of 1.64. 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 has a 12-month low of $9.49 and a 12-month high of $14.85. The stock has a 50-day moving average price of $10.29 and a 200-day moving average price of $10.83.

Ford Motor (NYSE:F) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.39 EPS. Equities analysts predict that Ford Motor will post 1.77 earnings per share for the current fiscal year.

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.