Ford Motor Company (F) Receives “Hold” Rating from Buckingham Research
F has been the subject of a number of other research reports. Royal Bank Of Canada restated a buy rating and issued a $14.00 target price on shares of Ford Motor in a report on Friday, May 5th. Jefferies Group LLC restated a hold rating and issued a $12.00 target price on shares of Ford Motor in a report on Monday, May 22nd. Berenberg Bank set a $10.00 target price on Ford Motor and gave the company a sell rating in a report on Monday, June 12th. Vetr lowered Ford Motor from a strong-buy rating to a buy rating and set a $12.78 target price for the company. in a report on Tuesday, July 4th. Finally, Guggenheim started coverage on Ford Motor in a report on Wednesday, June 21st. They issued a neutral rating and a $13.00 target price for the company. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Ford Motor has a consensus rating of Hold and an average price target of $12.60.
Ford Motor (NYSE F) traded up 0.75% on Thursday, reaching $10.79. The company had a trading volume of 16,593,261 shares. The company’s 50-day moving average is $11.11 and its 200-day moving average is $11.48. The company has a market capitalization of $42.86 billion, a PE ratio of 11.36 and a beta of 1.11. Ford Motor has a 52-week low of $10.47 and a 52-week high of $13.27.
Ford Motor (NYSE:F) last released its quarterly earnings data on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.13. The business had revenue of $36.93 billion during the quarter, compared to analyst estimates of $37.22 billion. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. The company’s revenue was down .5% compared to the same quarter last year. During the same period last year, the company posted $0.52 EPS. Equities analysts anticipate that Ford Motor will post $1.75 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Shareholders of record on Monday, July 24th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, July 20th. This represents a $0.60 annualized dividend and a yield of 5.60%. Ford Motor’s dividend payout ratio (DPR) is currently 63.16%.
In other Ford Motor news, VP John T. Lawler sold 80,624 shares of the firm’s stock in a transaction dated Thursday, August 3rd. The stock was sold at an average price of $11.00, for a total transaction of $886,864.00. Following the transaction, the vice president now directly owns 10 shares in the company, valued at $110. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider James D. Farley, Jr. sold 25,000 shares of the firm’s stock in a transaction dated Monday, June 12th. The shares were sold at an average price of $11.16, for a total value of $279,000.00. Following the transaction, the insider now owns 428,411 shares in the company, valued at $4,781,066.76. The disclosure for this sale can be found here. 1.08% of the stock is owned by company insiders.
Institutional investors have recently bought and sold shares of the stock. Balentine LLC increased its stake in shares of Ford Motor by 2.6% in the first quarter. Balentine LLC now owns 9,097 shares of the auto manufacturer’s stock valued at $106,000 after buying an additional 231 shares in the last quarter. Archford Capital Strategies LLC increased its stake in shares of Ford Motor by 7.8% in the first quarter. Archford Capital Strategies LLC now owns 9,361 shares of the auto manufacturer’s stock valued at $109,000 after buying an additional 676 shares in the last quarter. Captrust Financial Advisors acquired a new stake in shares of Ford Motor during the second quarter valued at about $106,000. Reilly Financial Advisors LLC increased its stake in shares of Ford Motor by 1.5% in the second quarter. Reilly Financial Advisors LLC now owns 9,856 shares of the auto manufacturer’s stock valued at $110,000 after buying an additional 150 shares in the last quarter. Finally, FNY Managed Accounts LLC increased its stake in shares of Ford Motor by 0.3% in the first quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock valued at $120,000 after buying an additional 34 shares in the last quarter. Institutional investors own 55.38% of the company’s stock.
Ford Motor Company Profile
Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.
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