Analysts Set Ford Motor Company (NYSE:F) Price Target at $10.53

Shares of Ford Motor Company (NYSE:F) have received a consensus recommendation of “Reduce” from the seventeen analysts that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a sell recommendation, twelve have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is $10.5333.

F has been the topic of a number of research analyst reports. Wall Street Zen raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Sunday, July 20th. UBS Group boosted their price target on shares of Ford Motor from $9.00 to $11.00 and gave the stock a “neutral” rating in a report on Monday, July 14th. Piper Sandler boosted their price target on shares of Ford Motor from $9.00 to $9.50 and gave the stock a “neutral” rating in a report on Thursday, July 31st. Barclays boosted their price target on shares of Ford Motor from $9.00 to $11.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 16th. Finally, Jefferies Financial Group boosted their price target on shares of Ford Motor from $8.00 to $9.00 and gave the stock an “underperform” rating in a report on Monday, August 11th.

Ford Motor Stock Performance

NYSE:F opened at $11.76 on Tuesday. The company has a fifty day moving average of $11.47 and a 200-day moving average of $10.57. The firm has a market capitalization of $46.80 billion, a P/E ratio of 15.08, a P/E/G ratio of 3.28 and a beta of 1.52. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24. Ford Motor has a twelve month low of $8.44 and a twelve month high of $11.99.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. The business had revenue of $50.18 billion during the quarter, compared to analyst estimates of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. Ford Motor’s quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.47 EPS. As a group, sell-side analysts anticipate that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, August 11th. This represents a $0.60 annualized dividend and a yield of 5.1%. Ford Motor’s dividend payout ratio is 76.92%.

Insider Buying and Selling at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of the company’s stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the sale, the insider directly owned 113,939 shares in the company, valued at $1,253,329. This represents a 20.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.48% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Trust Co. of Toledo NA OH bought a new position in Ford Motor during the second quarter valued at approximately $25,000. Country Trust Bank bought a new position in Ford Motor during the second quarter valued at approximately $27,000. Grove Bank & Trust grew its position in Ford Motor by 289.1% during the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock valued at $25,000 after acquiring an additional 1,882 shares during the last quarter. Atlantic Union Bankshares Corp bought a new position in Ford Motor during the second quarter valued at approximately $30,000. Finally, Elite Financial Inc. bought a new position in Ford Motor during the first quarter valued at approximately $27,000. 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.