Dbs Bank Upgrades Ford Motor (NYSE:F) to Moderate Buy

Ford Motor (NYSE:F) was upgraded by equities research analysts at Dbs Bank from a “hold” rating to a “moderate buy” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other research analysts also recently issued reports on the company. Wall Street Zen downgraded Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Citigroup raised shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their target price for the company from $19.00 to $20.00 in a report on Wednesday, July 29th. UBS Group boosted their target price on shares of Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a research note on Monday, June 8th. The Goldman Sachs Group increased their price target on shares of Ford Motor from $13.00 to $16.00 and gave the stock a “neutral” rating in a report on Thursday, June 11th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Ford Motor in a research report on Wednesday, June 24th. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $15.68.

Ford Motor Trading Down 1.1%

NYSE F opened at $13.83 on Tuesday. The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. The firm has a market cap of $55.15 billion, a PE ratio of -7.40, a price-to-earnings-growth ratio of 0.29 and a beta of 1.82. The company has a 50 day moving average price of $14.22 and a 200 day moving average price of $13.49. Ford Motor has a 52 week low of $11.11 and a 52 week high of $17.78.

Ford Motor (NYSE:F) last announced its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.09. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The company had revenue of $48.30 billion during the quarter, compared to the consensus estimate of $47.24 billion. During the same period last year, the firm earned $0.37 earnings per share. Ford Motor’s revenue was down 3.8% compared to the same quarter last year. As a group, sell-side analysts forecast that Ford Motor will post 1.86 EPS for the current fiscal year.

Institutional Investors Weigh In On Ford Motor

A number of large investors have recently modified their holdings of F. Maripau Wealth Management LLC increased its holdings in Ford Motor by 1.6% in the 1st quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer’s stock valued at $538,000 after acquiring an additional 749 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Ford Motor by 7.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer’s stock valued at $144,000 after purchasing an additional 756 shares during the last quarter. Robertson Stephens Wealth Management LLC boosted its holdings in shares of Ford Motor by 1.8% during the 4th quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer’s stock valued at $560,000 after purchasing an additional 761 shares during the last quarter. Southern Financial Group LLC grew its position in shares of Ford Motor by 2.3% during the first quarter. Southern Financial Group LLC now owns 34,714 shares of the auto manufacturer’s stock valued at $401,000 after purchasing an additional 776 shares in the last quarter. Finally, Bernicke Wealth Management Ltd. grew its position in shares of Ford Motor by 2.0% during the second quarter. Bernicke Wealth Management Ltd. now owns 39,789 shares of the auto manufacturer’s stock valued at $553,000 after purchasing an additional 792 shares in the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.