Ford Motor (NYSE:F) Rating Increased to Hold at StockNews.com

Ford Motor (NYSE:F) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a report released on Monday.

Other research analysts also recently issued reports about the company. Bank of America reduced their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Royal Bank of Canada decreased their price objective on shares of Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. Barclays cut their target price on shares of Ford Motor from $10.00 to $8.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 15th. Wolfe Research raised shares of Ford Motor from an “underperform” rating to a “peer perform” rating in a research note on Wednesday, April 30th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $9.00 price objective (down from $11.00) on shares of Ford Motor in a research note on Thursday, April 10th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus price target of $9.93.

Ford Motor Stock Performance

Shares of NYSE F opened at $10.45 on Monday. The company has a market capitalization of $41.40 billion, a PE ratio of 7.15, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company’s fifty day moving average price is $9.75 and its 200 day moving average price is $10.07. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.85.

Ford Motor (NYSE:F) last posted its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.16. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The firm had revenue of $40.66 billion for the quarter, compared to analysts’ expectations of $35.99 billion. During the same period last year, the firm earned $0.49 EPS. The company’s quarterly revenue was down 6.2% on a year-over-year basis. On average, research analysts predict that Ford Motor will post 1.47 earnings per share for the current year.

Institutional Trading of Ford Motor

A number of large investors have recently bought and sold shares of the business. Grove Bank & Trust raised its holdings in shares of Ford Motor by 289.1% in the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,882 shares during the last quarter. Hager Investment Management Services LLC purchased a new stake in Ford Motor during the 4th quarter valued at approximately $26,000. Elite Financial Inc. acquired a new stake in Ford Motor during the 1st quarter worth approximately $27,000. Olde Wealth Management LLC purchased a new position in shares of Ford Motor in the 1st quarter valued at approximately $28,000. Finally, Bank of Jackson Hole Trust acquired a new position in shares of Ford Motor in the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

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.