Ford stock (F:NYE) has recently received mixed ratings from equities analysts. Benchmark dropped its target price from $21.00 to $19.00 and gave the company a “buy” rating on February 3, while Tudor Pickering Holt & Co. and Deutsche Bank Aktiengesellschaft both downgraded Ford stock from “buy” and “hold” to “hold” and “sell,” respectively.
Citigroup increased its price target from $13.00 to $14.00 and gave the stock a “neutral” rating on November 30. According to Stock Target Advisor, Ford stock has an average rating of “Hold” and an average target price of $13.31.
Ford Stock Price Analysis:
On Thursday, Ford Motor opened at $11.71 on the NYSE. The company’s 12-month high is $17.80, while its low is $10.61. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.06, and a current ratio of 1.20.
Its market capitalization is $46.68 billion, and it has a PE ratio of -22.96 and a P/E/G ratio of 1.54. The stock has a 50-day simple moving average of $12.75 and a 200-day simple moving average of $13.01.
Quarterly Earnings Review:
On February 2, Ford Motor reported its quarterly earnings results, showing that it earned $0.51 per share for the quarter, missing the consensus estimate of $0.60 by $0.09.
The company had revenue of $41.80 billion during the quarter, compared to analyst estimates of $40.73 billion. Ford Motor had a negative net margin of 1.25% and a positive return on equity of 17.45%.
Its revenue was up 18.4% year-over-year, while during the same period last year, the company earned $0.26 EPS. Analysts anticipate that Ford Motor will post an EPS of 1.51 for the current year.
Ford Stock-Insider Transactions:
Recently, some insiders have sold shares of Ford Motor. CEO James D. Farley, Jr. sold 79,921 shares of Ford stock on March 3, at an average price of $12.86, for a total transaction of $1,027,784.06. Following the transaction, Farley owned 1,638,667 shares, valued at $21,073,257.62.
Insider Ashwani Kumar Galhotra sold 24,850 shares of the company’s stock on March 3 at an average price of $13.01, for a total value of $323,298.50. Following the sale, Galhotra owned 511,605 shares of the company’s stock, valued at approximately $6,655,981.05. In total, insiders sold 134,592 shares of company stock worth $1,740,843 in the last quarter.
Corporate insiders own 0.71% of Ford stock.
Hedge Funds & Institutional Holdings:
Several hedge funds and institutional investors have also changed their positions in Ford Motor. Vanguard Group Inc. increased its holdings by 1.4% during the third quarter, while Snider Financial Group increased its holdings by 100,345.2% during the first quarter. Newport Trust Co. increased its holdings by 0.8% during the second quarter.
Company Profile:
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 was incorporated in 1903 and is based in Dearborn, Michigan.
