Ford Motor (NYSE:F) Receives $13.89 Consensus Price Target from Analysts

Shares of Ford Motor (NYSE:F) have earned a consensus rating of “Hold” from the fourteen research firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $13.89.

Several research analysts have recently weighed in on F shares. Royal Bank of Canada increased their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday, April 25th. Barclays lifted their price target on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a report on Thursday, April 11th. Sanford C. Bernstein began coverage on Ford Motor in a report on Thursday, May 23rd. They set an “outperform” rating and a $16.00 price objective for the company. Citigroup lifted their target price on Ford Motor from $16.00 to $18.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. Finally, UBS Group upped their price target on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Thursday, April 25th.

Insider Activity

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the firm’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $12.09, for a total transaction of $982,119.06. Following the completion of the sale, the director now directly owns 168,601 shares in the company, valued at $2,038,386.09. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.40% of the company’s stock.

Institutional Trading of Ford Motor

Hedge funds have recently made changes to their positions in the stock. Whittier Trust Co. of Nevada Inc. raised its stake in Ford Motor by 835.9% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,839 shares in the last quarter. Fortis Group Advisors LLC lifted its stake in Ford Motor by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after purchasing an additional 1,086 shares during the last quarter. Voisard Asset Management Group Inc. acquired a new position in Ford Motor in the fourth quarter worth $27,000. Financial Synergies Wealth Advisors Inc. increased its stake in Ford Motor by 1,997.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,938 shares during the last quarter. Finally, Provence Wealth Management Group acquired a new stake in shares of Ford Motor during the third quarter worth $31,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Stock Down 0.6 %

F stock opened at $11.78 on Friday. The company has a 50 day moving average price of $12.26 and a two-hundred day moving average price of $12.18. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.99 and a current ratio of 1.17. The stock has a market capitalization of $47.03 billion, a P/E ratio of 12.14, a PEG ratio of 0.77 and a beta of 1.61. Ford Motor has a one year low of $9.63 and a one year high of $15.42.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. Ford Motor had a return on equity of 17.63% and a net margin of 2.21%. The business had revenue of $42.78 billion during the quarter, compared to the consensus estimate of $42.93 billion. During the same quarter in the previous year, the business earned $0.63 earnings per share. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. As a group, sell-side analysts expect that Ford Motor will post 1.99 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Wednesday, May 8th were given a dividend of $0.15 per share. The ex-dividend date was Tuesday, May 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.09%. Ford Motor’s payout ratio is currently 61.86%.

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.