UBS Group Increases Ford Motor (NYSE:F) Price Target to $14.00

Ford Motor (NYSE:F) had its target price hoisted by equities research analysts at UBS Group from $13.00 to $14.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage currently has a “neutral” rating on the auto manufacturer’s stock. UBS Group’s price objective would indicate a potential upside of 9.63% from the stock’s previous close.

Several other research firms have also weighed in on F. Redburn Atlantic assumed coverage on Ford Motor in a research note on Wednesday, January 24th. They issued a “sell” rating and a $10.00 target price on the stock. Barclays lifted their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a research note on Thursday, April 11th. Piper Sandler began coverage on shares of Ford Motor in a report on Friday, March 15th. They issued a “neutral” rating and a $13.00 target price on the stock. Morgan Stanley upped their price objective on shares of Ford Motor from $15.00 to $16.00 and gave the company an “overweight” rating in a research report on Tuesday, February 13th. Finally, Citigroup lifted their target price on Ford Motor from $15.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, February 7th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $14.02.

Ford Motor Trading Down 2.1 %

Shares of F opened at $12.77 on Thursday. The stock’s fifty day simple moving average is $12.62 and its 200-day simple moving average is $11.79. The firm has a market capitalization of $50.74 billion, a PE ratio of 13.16, a price-to-earnings-growth ratio of 1.02 and a beta of 1.63. Ford Motor has a 12-month low of $9.63 and a 12-month high of $15.42. The company has a quick ratio of 1.04, a current ratio of 1.20 and a debt-to-equity ratio of 2.33.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, April 24th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.07. Ford Motor had a net margin of 2.21% and a return on equity of 17.56%. The company had revenue of $42.78 billion for the quarter, compared to the consensus estimate of $42.93 billion. During the same period in the prior year, the company posted $0.63 EPS. The company’s revenue was up 3.1% compared to the same quarter last year. As a group, research analysts predict that Ford Motor will post 1.9 earnings per share for the current year.

Insider Buying and Selling at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of Ford Motor stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total transaction of $337,031.94. Following the completion of the transaction, the chief accounting officer now directly owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.80% of the company’s stock.

Institutional Investors Weigh In On Ford Motor

Several institutional investors have recently made changes to their positions in the stock. GHP Investment Advisors Inc. grew its holdings in shares of Ford Motor by 67.6% during the 3rd quarter. GHP Investment Advisors Inc. now owns 12,222 shares of the auto manufacturer’s stock worth $144,000 after purchasing an additional 4,929 shares in the last quarter. Caprock Group LLC boosted its position in shares of Ford Motor by 10.0% during the 3rd quarter. Caprock Group LLC now owns 49,897 shares of the auto manufacturer’s stock worth $620,000 after acquiring an additional 4,518 shares in the last quarter. SS&H Financial Advisors Inc. acquired a new position in Ford Motor during the third quarter valued at approximately $366,000. Fiduciary Alliance LLC raised its holdings in shares of Ford Motor by 1,182.3% during the 3rd quarter. Fiduciary Alliance LLC now owns 32,212 shares of the auto manufacturer’s stock worth $400,000 after buying an additional 29,700 shares in the last quarter. Finally, Czech National Bank grew its position in Ford Motor by 47.7% in the third quarter. Czech National Bank now owns 687,123 shares of the auto manufacturer’s stock valued at $8,534,000 after acquiring an additional 221,751 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

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.