Several other equities analysts have also commented on the company. Morgan Stanley upped their target price on Ford Motor Company from $9.00 to $10.00 and gave the company an underweight rating in a research note on Friday, June 9th. Vetr upgraded Ford Motor Company from a buy rating to a strong-buy rating and set a $12.76 target price for the company in a research note on Monday, June 5th. Deutsche Bank AG reiterated a hold rating and issued a $14.00 target price on shares of Ford Motor Company in a research note on Wednesday, May 24th. Jefferies Group LLC reiterated a hold rating and issued a $12.00 target price on shares of Ford Motor Company in a research note on Monday, May 22nd. Finally, Royal Bank Of Canada reiterated a buy rating and issued a $14.00 target price on shares of Ford Motor Company in a research note on Monday, May 15th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Ford Motor Company presently has an average rating of Hold and an average price target of $13.50.
Shares of Ford Motor Company (NYSE F) opened at 11.22 on Tuesday. The company has a market cap of $44.68 billion, a price-to-earnings ratio of 11.95 and a beta of 1.03. The firm has a 50-day moving average of $11.10 and a 200 day moving average of $11.96. Ford Motor Company has a 12 month low of $10.67 and a 12 month high of $14.04.
Ford Motor Company (NYSE:F) last released its earnings results on Thursday, April 27th. The auto manufacturer reported $0.39 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.05. The firm had revenue of $36.48 billion during the quarter, compared to analyst estimates of $34.62 billion. Ford Motor Company had a return on equity of 19.36% and a net margin of 2.48%. The business’s quarterly revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.68 earnings per share. On average, analysts expect that Ford Motor Company will post $1.54 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Thursday, June 1st. Stockholders of record on Thursday, April 20th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 5.35%. The ex-dividend date of this dividend was Tuesday, April 18th. Ford Motor Company’s payout ratio is 64.52%.
In other news, insider James D. Farley, Jr. sold 25,000 shares of the company’s stock in a transaction dated Monday, June 12th. The stock was sold at an average price of $11.16, for a total value of $279,000.00. Following the completion of the sale, the insider now owns 428,411 shares of the company’s stock, valued at $4,781,066.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman William Clay Ford, Jr. bought 171,379 shares of the firm’s stock in a transaction dated Friday, March 24th. The stock was bought at an average cost of $11.67 per share, with a total value of $1,999,992.93. The disclosure for this purchase can be found here. 1.08% of the stock is owned by corporate insiders.
Several large investors have recently modified their holdings of F. Balentine LLC increased its stake in shares of Ford Motor Company by 2.6% in the first quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock valued at $106,000 after buying an additional 231 shares during the last quarter. Archford Capital Strategies LLC increased its stake in shares of Ford Motor Company by 7.8% in the first quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after buying an additional 676 shares during the last quarter. Puplava Financial Services Inc. bought a new stake in shares of Ford Motor Company during the first quarter valued at $116,000. GWM Advisors LLC bought a new stake in shares of Ford Motor Company during the first quarter valued at $117,000. Finally, TNB Financial bought a new stake in shares of Ford Motor Company during the first quarter valued at $119,000. 55.59% of the stock is owned by institutional investors.
Ford Motor Company Company Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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