Ford Motor (NYSE:F) Receives $13.74 Consensus Target Price from Analysts

Ford Motor (NYSE:F) has been given a consensus recommendation of “Hold” by the fourteen ratings firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $13.89.

A number of equities analysts have weighed in on the stock. Citigroup upped their price objective on shares of Ford Motor from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Thursday, May 2nd. Barclays upped their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Thursday, April 11th. Sanford C. Bernstein initiated coverage on shares of Ford Motor in a report on Thursday. They set an “outperform” rating and a $16.00 target price for the company. Royal Bank of Canada upped their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “sector perform” rating in a report on Thursday, April 25th. Finally, Morgan Stanley upped their target price on shares of Ford Motor from $15.00 to $16.00 and gave the stock an “overweight” rating in a report on Tuesday, February 13th.

Insider Buying and Selling at Ford Motor

In other news, CAO Mark Kosman sold 26,898 shares of the business’s stock in a transaction dated 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 sale, the chief accounting officer now owns 7,102 shares in the company, valued at approximately $88,988.06. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Ford Motor news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the company’s stock in a transaction that occurred on Friday, May 24th. The stock was sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the transaction, the director now owns 168,601 shares in the company, valued at approximately $2,038,386.09. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Mark Kosman sold 26,898 shares of the company’s stock in a transaction that occurred on Wednesday, March 6th. The stock was sold at an average price of $12.53, for a total value of $337,031.94. Following the completion of the transaction, the chief accounting officer now owns 7,102 shares of the company’s stock, valued at approximately $88,988.06. The disclosure for this sale can be found here. 0.80% of the stock is owned by company insiders.

Hedge Funds Weigh In On Ford Motor

Institutional investors have recently made changes to their positions in the business. Whittier Trust Co. of Nevada Inc. increased its position in Ford Motor by 835.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 2,059 shares of the auto manufacturer’s stock worth $25,000 after buying an additional 1,839 shares during the period. Fortis Group Advisors LLC increased its position in Ford Motor by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock worth $26,000 after buying an additional 1,086 shares during the period. Milestone Investment Advisors LLC acquired a new stake in Ford Motor in the third quarter worth $27,000. Voisard Asset Management Group Inc. acquired a new stake in Ford Motor in the fourth quarter worth $27,000. Finally, Financial Synergies Wealth Advisors Inc. increased its position in Ford Motor by 1,997.9% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 1,938 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Stock Up 0.4 %

F stock opened at $12.16 on Wednesday. The firm’s fifty day simple moving average is $12.62 and its 200-day simple moving average is $11.94. The company has a market capitalization of $48.53 billion, a P/E ratio of 12.53, a price-to-earnings-growth ratio of 0.80 and a beta of 1.61. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.17 and a quick ratio of 0.99. Ford Motor has a 12 month low of $9.63 and a 12 month high of $15.42.

Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, April 24th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.42 by $0.07. Ford Motor had a net margin of 2.21% and a return on equity of 17.63%. The business 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 firm earned $0.63 EPS. The business’s revenue for the quarter was up 3.1% on a year-over-year basis. As a group, equities research analysts forecast that Ford Motor will post 1.97 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Wednesday, May 8th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 4.94%. The ex-dividend date is Tuesday, May 7th. Ford Motor’s dividend payout ratio (DPR) is 61.86%.

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.