StockNews.com Upgrades Ford Motor (NYSE:F) to Hold

Ford Motor (NYSE:F) was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued on Wednesday.

Several other brokerages have also commented on F. Barclays raised their price objective on Ford Motor from $8.00 to $9.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 6th. TD Cowen initiated coverage on Ford Motor in a research report on Friday, March 7th. They set a “hold” rating and a $10.00 price objective for the company. UBS Group lowered their price target on Ford Motor from $10.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday, April 10th. Evercore ISI lowered their price target on Ford Motor from $11.00 to $10.00 and set an “in-line” rating for the company in a research report on Monday, February 10th. Finally, Wolfe Research raised Ford Motor from an “underperform” rating to a “peer perform” rating in a research report on Wednesday, April 30th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Ford Motor presently has a consensus rating of “Hold” and a consensus price target of $10.00.

Ford Motor Stock Performance

Shares of F stock opened at $10.74 on Wednesday. The stock has a fifty day moving average of $9.88 and a 200 day moving average of $10.05. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.85. The firm has a market capitalization of $42.57 billion, a price-to-earnings ratio of 7.36, a PEG ratio of 0.61 and a beta of 1.53. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping 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 company had revenue of $40.66 billion during the quarter, compared to analyst estimates of $35.99 billion. During the same quarter last year, the firm posted $0.49 earnings per share. The firm’s revenue was down 6.2% on a year-over-year basis. As a group, research analysts expect that Ford Motor will post 1.47 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Ford Motor by 16.6% during the 4th quarter. Vanguard Group Inc. now owns 402,083,883 shares of the auto manufacturer’s stock valued at $3,980,630,000 after buying an additional 57,182,803 shares in the last quarter. Pacer Advisors Inc. grew its position in Ford Motor by 6,915.1% in the first quarter. Pacer Advisors Inc. now owns 49,078,048 shares of the auto manufacturer’s stock worth $492,253,000 after acquiring an additional 48,378,444 shares in the last quarter. Norges Bank purchased a new position in Ford Motor in the fourth quarter worth about $387,282,000. Nuveen LLC purchased a new position in Ford Motor in the first quarter worth about $123,147,000. Finally, Charles Schwab Investment Management Inc. grew its position in Ford Motor by 8.5% in the first quarter. Charles Schwab Investment Management Inc. now owns 140,053,906 shares of the auto manufacturer’s stock worth $1,404,741,000 after acquiring an additional 10,947,527 shares in the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

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.