Ford Motor Co. (NYSE:F)‘s stock had its “neutral” rating reiterated by equities researchers at Goldman Sachs Group Inc. in a research report issued to clients and investors on Saturday. They presently have a $12.00 price target on the auto manufacturer’s stock, down from their prior price target of $13.00. Goldman Sachs Group Inc.’s price target suggests a potential downside of 2.36% from the stock’s previous close.

A number of other brokerages have also commented on F. Vetr upgraded Ford Motor from a “buy” rating to a “strong-buy” rating and set a $14.18 target price for the company in a research note on Monday, June 27th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Ford Motor in a research note on Monday, September 12th. Rodman & Renshaw initiated coverage on Ford Motor in a research note on Monday, July 18th. They issued a “buy” rating for the company. Seaport Global Securities initiated coverage on Ford Motor in a research note on Tuesday, August 9th. They issued a “buy” rating and a $20.00 target price for the company. Finally, Jefferies Group restated a “sell” rating and issued a $10.00 target price on shares of Ford Motor in a research note on Wednesday, August 17th. Five research analysts have rated the stock with a sell rating, eight have issued a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $14.03.

Analyst Recommendations for Ford Motor (NYSE:F)

Shares of Ford Motor (NYSE:F) opened at 12.29 on Friday. Ford Motor has a 12-month low of $11.02 and a 12-month high of $15.84. The company has a 50-day moving average of $12.31 and a 200 day moving average of $12.90. The firm has a market cap of $48.83 billion, a P/E ratio of 5.80 and a beta of 1.27.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Thursday, July 28th. The auto manufacturer reported $0.52 EPS for the quarter, missing analysts’ consensus estimates of $0.60 by $0.08. Ford Motor had a return on equity of 30.49% and a net margin of 5.35%. The business had revenue of $39.50 million for the quarter, compared to analyst estimates of $36.29 billion. During the same quarter last year, the firm earned $0.47 earnings per share. The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. Equities analysts predict that Ford Motor will post $1.82 EPS for the current year.

In related news, insider Sankar S. Nair sold 82,000 shares of Ford Motor stock in a transaction that occurred on Tuesday, October 4th. The stock was sold at an average price of $12.11, for a total value of $993,020.00. Following the sale, the insider now owns 32,969 shares of the company’s stock, valued at approximately $399,254.59. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John C. Lechleiter bought 5,000 shares of the company’s stock in a transaction that occurred on Monday, August 8th. The stock was purchased at an average cost of $12.26 per share, for a total transaction of $61,300.00. Following the transaction, the director now owns 25,000 shares in the company, valued at approximately $306,500. The disclosure for this purchase can be found here. 1.10% of the stock is owned by corporate insiders.

Large investors have recently made changes to their positions in the stock. Advisory Services Network LLC raised its stake in shares of Ford Motor by 0.6% in the third quarter. Advisory Services Network LLC now owns 59,800 shares of the auto manufacturer’s stock worth $722,000 after buying an additional 342 shares in the last quarter. First Mercantile Trust Co. raised its stake in shares of Ford Motor by 3.6% in the third quarter. First Mercantile Trust Co. now owns 37,955 shares of the auto manufacturer’s stock worth $458,000 after buying an additional 1,305 shares in the last quarter. Independent Portfolio Consultants Inc. raised its stake in shares of Ford Motor by 4.4% in the third quarter. Independent Portfolio Consultants Inc. now owns 88,696 shares of the auto manufacturer’s stock worth $1,071,000 after buying an additional 3,745 shares in the last quarter. Telemus Capital LLC raised its stake in shares of Ford Motor by 0.5% in the third quarter. Telemus Capital LLC now owns 60,867 shares of the auto manufacturer’s stock worth $735,000 after buying an additional 274 shares in the last quarter. Finally, Burke & Herbert Bank & Trust Co. raised its stake in shares of Ford Motor by 18.0% in the third quarter. Burke & Herbert Bank & Trust Co. now owns 31,066 shares of the auto manufacturer’s stock worth $375,000 after buying an additional 4,730 shares in the last quarter. 56.06% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Company Profile

Ford Motor Company (Ford) is a global automotive and mobility company. The Company’s principal business includes designing, manufacturing, marketing, financing, and servicing a line of Ford cars, trucks, sports utility vehicles (SUVs), and electrified vehicles, as well as Lincoln luxury vehicles. The Company operates in two sectors: Automotive and Financial Services.

5 Day Chart for NYSE:F

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