Ford Motor Company (NYSE:F) Receives $14.70 Average Price Target from Brokerages

Ford Motor Company (NYSE:F) has been given a consensus rating of “Hold” by the sixteen ratings firms that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, nine have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $14.7714.

F has been the topic of several recent research reports. Wells Fargo & Company increased their target price on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Thursday, June 25th. TD Cowen decreased their price objective on Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research note on Friday, May 1st. Wall Street Zen raised Ford Motor from a “hold” rating to a “buy” rating in a report on Saturday, June 13th. Citigroup raised their target price on Ford Motor from $13.00 to $19.00 and gave the stock a “neutral” rating in a research note on Monday, June 1st. Finally, UBS Group lifted their target price on Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a report on Monday, June 8th.

Ford Motor Stock Performance

NYSE:F traded up $0.39 on Monday, reaching $13.99. 47,055,402 shares of the company’s stock were exchanged, compared to its average volume of 47,879,128. The firm has a market cap of $55.77 billion, a price-to-earnings ratio of -9.03, a P/E/G ratio of 0.30 and a beta of 1.82. The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. The stock has a fifty day simple moving average of $14.10 and a 200-day simple moving average of $13.38. Ford Motor has a 52 week low of $10.68 and a 52 week high of $17.78.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. The company had revenue of $43.25 billion for the quarter, compared to analysts’ expectations of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. Ford Motor’s revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.14 EPS. As a group, sell-side analysts predict that Ford Motor will post 1.64 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio is -38.71%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of F. Vanguard Group Inc. increased its holdings in shares of Ford Motor by 0.9% in the fourth quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock worth $6,188,776,000 after purchasing an additional 4,087,699 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Ford Motor by 2.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 152,017,084 shares of the auto manufacturer’s stock valued at $1,994,464,000 after buying an additional 4,089,779 shares during the period. Geode Capital Management LLC boosted its stake in Ford Motor by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock valued at $1,394,697,000 after buying an additional 1,255,349 shares during the period. Norges Bank purchased a new position in Ford Motor during the fourth quarter worth about $674,437,000. Finally, Dimensional Fund Advisors LP increased its stake in Ford Motor by 3.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 47,442,901 shares of the auto manufacturer’s stock worth $547,379,000 after acquiring an additional 1,585,557 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.