Ford Motor (NYSE:F) Receives $11.83 Average PT from Analysts

Ford Motor (NYSE:F - Get Free Report) has received an average rating of "Reduce" from the fourteen brokerages that are covering the firm, Marketbeat reports. Four analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $11.83.

Several equities research analysts recently weighed in on F shares. The Goldman Sachs Group upgraded Ford Motor from a "neutral" rating to a "buy" rating and boosted their target price for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Wolfe Research restated an "underperform" rating on shares of Ford Motor in a research note on Thursday, December 5th. Barclays lowered their target price on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research note on Tuesday, October 29th. Sanford C. Bernstein lowered shares of Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 target price for the company. in a research report on Thursday, November 7th. Finally, Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th.

Ford Motor Trading Down 2.5 %

Shares of NYSE:F traded down $0.25 during mid-day trading on Thursday, hitting $9.65. The stock had a trading volume of 66,889,117 shares, compared to its average volume of 54,218,055. The company's 50 day moving average is $10.57 and its 200-day moving average is $11.11. Ford Motor has a 12-month low of $9.49 and a 12-month high of $14.85. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The company has a market cap of $38.35 billion, a PE ratio of 10.97, a P/E/G ratio of 1.90 and a beta of 1.62.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion during 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 revenue was up 5.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.39 earnings per share. On average, sell-side analysts predict that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.22%. Ford Motor's dividend payout ratio (DPR) is 68.18%.

Institutional Investors Weigh In On Ford Motor

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Franklin Resources Inc. boosted its stake in shares of Ford Motor by 29.8% during the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock worth $15,998,000 after acquiring an additional 336,720 shares during the period. Principal Financial Group Inc. lifted its holdings in Ford Motor by 3.8% during the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock valued at $46,408,000 after purchasing an additional 160,409 shares during the last quarter. Worldquant Millennium Advisors LLC bought a new position in Ford Motor during the third quarter worth $55,456,000. ING Groep NV increased its holdings in shares of Ford Motor by 93.4% in the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer's stock valued at $12,473,000 after purchasing an additional 570,293 shares during the last quarter. Finally, OneAscent Financial Services LLC bought a new position in shares of Ford Motor in the third quarter valued at about $545,000. 58.74% of the stock is currently 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.