Equities research analysts at Citigroup assumed coverage on shares of Ford Motor (NYSE:F - Get Free Report) in a note issued to investors on Wednesday,Briefing.com Automated Import reports. The firm set a "neutral" rating and a $10.00 price target on the auto manufacturer's stock. Citigroup's price objective would indicate a potential upside of 3.52% from the stock's previous close.
Several other equities research analysts also recently commented on F. Wells Fargo & Company lowered their target price on shares of Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research note on Thursday, February 6th. BNP Paribas upgraded Ford Motor to a "hold" rating in a report on Monday, February 10th. The Goldman Sachs Group reiterated a "neutral" rating and set a $9.00 price objective (down previously from $11.00) on shares of Ford Motor in a report on Thursday, April 10th. Sanford C. Bernstein lowered Ford Motor from a "market perform" rating to an "underperform" rating and decreased their price objective for the company from $9.40 to $7.00 in a research report on Wednesday, April 9th. Finally, Bank of America dropped their target price on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a report on Thursday, February 6th. Five research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $9.77.
Read Our Latest Report on Ford Motor
Ford Motor Stock Performance
F stock opened at $9.66 on Wednesday. Ford Motor has a twelve month low of $8.44 and a twelve month high of $14.85. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The company has a market cap of $38.29 billion, a P/E ratio of 6.62, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. The business's fifty day moving average is $9.61 and its 200-day moving average is $10.12.
Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Equities research analysts forecast that Ford Motor will post 1.47 EPS for the current year.
Institutional Investors Weigh In On Ford Motor
A number of institutional investors and hedge funds have recently modified their holdings of F. Albion Financial Group UT grew its position in shares of Ford Motor by 38.5% in the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer's stock worth $36,000 after buying an additional 1,000 shares during the last quarter. Brighton Jones LLC lifted its holdings in shares of Ford Motor by 5.4% during the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer's stock valued at $195,000 after purchasing an additional 1,001 shares during the last quarter. Angeles Wealth Management LLC grew its stake in shares of Ford Motor by 1.3% during the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer's stock worth $799,000 after acquiring an additional 1,024 shares during the last quarter. Atlas Brown Inc. boosted its stake in Ford Motor by 1.7% in the 4th quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer's stock worth $627,000 after purchasing an additional 1,047 shares in the last quarter. Finally, Partners Wealth Management LLC increased its position in shares of Ford Motor by 8.4% in the 1st quarter. Partners Wealth Management LLC now owns 13,903 shares of the auto manufacturer's stock valued at $139,000 after acquiring an additional 1,082 shares during the period. 58.74% of the stock is owned by institutional investors.
Ford Motor Company Profile
(
Get Free Report)
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.
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