Ford Motor Company (NYSE:F) Stock Has Average Target Price of $15.36 According to Brokerages

Ford Motor Company (NYSE:F) has received a consensus rating of “Hold” from the nineteen brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $15.36.

F has been the subject of several recent analyst reports. TD Cowen increased their price target on Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a report on Wednesday, July 29th. Piper Sandler lifted their price objective on Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Zacks Research cut Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Weiss Ratings lowered Ford Motor from a “buy (b)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd. Finally, JPMorgan Chase & Co. decreased their price objective on Ford Motor from $17.00 to $16.00 and set an “overweight” rating for the company in a research report on Monday, October 12th.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of F. Wealthfront Advisers LLC acquired a new position in shares of Ford Motor during the 2nd quarter worth approximately $11,492,000. Public Employees Retirement System of Ohio boosted its holdings in shares of Ford Motor by 22.4% in the 1st quarter. Public Employees Retirement System of Ohio now owns 2,001,319 shares of the auto manufacturer’s stock valued at $23,095,000 after buying an additional 366,218 shares during the last quarter. KBC Group NV boosted its holdings in shares of Ford Motor by 223.5% in the 1st quarter. KBC Group NV now owns 2,229,629 shares of the auto manufacturer’s stock valued at $25,729,000 after buying an additional 1,540,403 shares during the last quarter. Texas Capital Bank Wealth Management Services Inc acquired a new stake in shares of Ford Motor in the 2nd quarter valued at approximately $1,730,000. Finally, Blue Capital Inc. acquired a new stake in shares of Ford Motor in the 2nd quarter valued at approximately $2,425,000. Institutional investors own 58.74% of the company’s stock.

Ford Motor Stock Performance

Shares of Ford Motor stock opened at $12.45 on Wednesday. The company has a market capitalization of $49.63 billion, a PE ratio of -6.66, a PEG ratio of 0.25 and a beta of 1.93. Ford Motor has a 12 month low of $11.11 and a 12 month high of $17.78. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. The stock’s fifty day simple moving average is $13.33 and its 200 day simple moving average is $13.57.

Ford Motor (NYSE:F) last posted its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%. The firm had revenue of $48.30 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same period in the previous year, the company posted $0.37 earnings per share. The company’s revenue for the quarter was down 3.8% on a year-over-year basis. On average, research analysts predict that Ford Motor will post 1.86 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.8%. The ex-dividend date was Tuesday, August 11th. Ford Motor’s dividend payout ratio (DPR) is -32.09%.

About Ford Motor

Ford Motor Co is an American automobile manufacturer founded in 1903 by Henry Ford and headquartered in Dearborn, Michigan. The company helped popularize mass automobile production and is known for brands including Ford and Lincoln.

Ford develops, manufactures and sells cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles. Its product portfolio includes the F-Series pickup trucks, Transit commercial vans, Mustang sports cars and a range of utility vehicles. The company also provides vehicle software, connected services, fleet solutions, maintenance and other support services.

Ford operates through Ford Blue, which focuses on gasoline- and hybrid-powered vehicles; Model e, which develops electric vehicles and related technologies; and Ford Pro, which serves commercial and fleet customers.