Analysts Set Ford Motor Company (NYSE:F) Price Target at $15.65
by Mitch Edgeman · The Markets DailyShares of Ford Motor Company (NYSE:F – Get Free Report) have received a consensus rating of “Hold” from the eighteen research firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, nine have given a hold recommendation, seven have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $15.6750.
F has been the subject of several recent research reports. BNP Paribas Exane boosted their price objective on Ford Motor from $14.00 to $14.50 and gave the company a “neutral” rating in a report on Thursday. Wells Fargo & Company upped their price objective on shares of Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a report on Thursday, June 25th. Piper Sandler raised their price objective on shares of Ford Motor from $16.00 to $17.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. Bank of America lifted their price objective on shares of Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a report on Friday, May 29th. Finally, Zacks Research upgraded shares of Ford Motor from a “hold” rating to a “strong-buy” rating in a report on Monday, July 6th.
Check Out Our Latest Stock Analysis on Ford Motor
Ford Motor Price Performance
Shares of NYSE F opened at $14.70 on Friday. The firm has a market capitalization of $58.56 billion, a P/E ratio of -7.86, a P/E/G ratio of 0.30 and a beta of 1.82. The firm’s 50-day moving average price is $14.55 and its 200-day moving average price is $13.47. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. Ford Motor has a 1-year low of $10.68 and a 1-year high of $17.78.
Ford Motor (NYSE:F – Get Free Report) last issued its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.09. The business had revenue of $48.30 billion during the quarter, compared to analyst estimates of $47.24 billion. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The firm’s revenue was down 3.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.37 EPS. Equities research analysts anticipate that Ford Motor will post 1.86 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 4.1%. Ford Motor’s payout ratio is presently -32.09%.
Institutional Investors Weigh In On Ford Motor
A number of institutional investors and hedge funds have recently bought and sold shares of F. MV Capital Management Inc. purchased a new position in Ford Motor during the fourth quarter worth about $25,000. McMillan Office Inc. bought a new position in shares of Ford Motor during the 4th quarter worth approximately $26,000. Legacy Wealth Managment LLC ID lifted its position in shares of Ford Motor by 108.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 1,230 shares in the last quarter. Johnson Financial Group Inc. boosted its stake in shares of Ford Motor by 55.4% in the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after buying an additional 837 shares during the last quarter. Finally, Caldwell Trust Co boosted its stake in shares of Ford Motor by 605.8% in the 1st quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock worth $29,000 after buying an additional 2,175 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.
Ford Motor News Summary
Here are the key news stories impacting Ford Motor this week:
- Positive Sentiment: Profit beat supports the stock: Ford reported quarterly earnings of $0.42 per share, exceeding the $0.33 analyst consensus, while revenue of $48.30 billion also topped expectations. The earnings beat outweighed the year-over-year revenue decline and has been a key reason for the stock’s recent increase. Why Ford Stock Is Up Today
- Positive Sentiment: Analyst sentiment is improving modestly: DZ Bank upgraded Ford from “sell” to “hold” and set a $16 price target, implying approximately 9% potential upside from the recently cited share price. JPMorgan, TD Cowen and Piper Sandler also reportedly forecast further appreciation. Ford Analyst Upgrade
- Positive Sentiment: Defense business offers diversification: Ford secured its largest U.S. Army truck contract since the Cold War, involving F-Series-based tactical truck prototypes. The program could provide an additional revenue opportunity beyond conventional vehicle sales. Ford Lands Army Truck Contract
- Neutral Sentiment: Brokerage consensus remains cautious: Ford has an average “hold” recommendation, while BNP Paribas Exane raised its target from $14 to $14.50 but maintained a neutral rating. BNP Paribas Exane Ford Target
- Neutral Sentiment: Unusually large options activity may increase trading volatility, but the available report does not establish whether investors were betting bullishly or bearishly. Ford Options Trading
- Negative Sentiment: EV momentum appears to be weakening: Ford and General Motors are reportedly discussing electric vehicles less frequently with investors after previously committing billions of dollars to EV initiatives. This may reinforce concerns about strategy, demand and the returns on Ford’s EV investments. GM and Ford EV Strategy
- Negative Sentiment: Analysts and commentators remain skeptical of Ford’s attempts to diversify beyond automobiles, citing the automaker’s mixed track record with such initiatives. Ford Diversification Concerns
- Negative Sentiment: CEO Jim Farley warned employees that Chinese automakers could enter the U.S. market within five to ten years, highlighting a longer-term competitive threat despite current trade barriers. Ford CEO on Chinese Competition
About Ford Motor
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.
Further Reading
- Five stocks we like better than Ford Motor
- 3 Fixed-Income ETFs Show Why Yield Is Only Part of the Income Story
- AbbVie Quietly Solved Its Biggest Problem—Now What?
- Rio Tinto’s Results Make the Case for Looking Beyond Tech in the AI Trade
- Strategy’s Structural Strength: Hidden in a $8 Billion Illusion