Ford Motor (NYSE:F – Earn Ratings) price targets were lowered by analysts at JPMorgan Chase & Co. from $22.00 to $21.00 in a research report released Monday, The Fly reports. Target price for JPMorgan Chase & Co. will show a potential increase of 38.80% from the company’s current price.
A number of other analysts also recently commented on the F. Goldman Sachs Group raising its target price for Ford Motor’s stock from $20.00 to $22.00 and giving the stock a “neutral” rating in research notes on Monday, Jan. 10. Exane BNP Paribas began covering Ford Motor shares in a research note on Monday, April 11. They assign an “outperform” rating for the company. BNP Paribas began covering Ford Motor shares in a research note on Monday, April 11. They assign an “outperform” rating for the company. Zacks Investment Research upgraded Ford Motor’s stock from a “hold” rating to a “buy” rating and set a $22.00 price goal for the company in a research note on Wednesday, Feb. 2. Finally, StockNews.com kicked off its coverage of Ford Motor shares in a research note on Thursday, March 31. They assign a “hold” rating to the company. Four equity research analysts have rated the stock with a sell rating, nine have given the stock a hold rating and ten have given the stock a buy rating. According to MarketBeat, Ford Motor currently has an average “Hold” rating and a consensus price target of $19.05.
F opened at $15.13 on Monday. Ford Motor had a fifty-two week low of $11.14 and a fifty-two week high of $25.87. The company has a debt to equity ratio of 1.82, a quick ratio of 1.07 and a current ratio of 1.20. The company has a fifty-day moving average of $16.55 and a two-hundred-day moving average of $18.56. The stock has a market capitalization of $60.58 billion, a price-to-earnings ratio of 3.42, a PEG ratio of 1.01 and a beta of 1.11.
Ford Motor (NYSE:F – Get Rating) last released quarterly earnings data on Thursday, February 3. The automaker reported earnings per share of $0.26 for the quarter, missing analyst consensus estimates of $0.43 per ($0.17). Ford Motor has a net margin of 13.13% and a return on equity of 18.55%. The company had revenue of $35.30 billion during the quarter, compared to analyst expectations of $35.02 billion. During the same period in the previous year, the company posted EPS of $0.34. On average, equity research analysts estimate that Ford Motor will post earnings per share of 1.88 for the year.
In other Ford Motor news, insider William Clay Ford, Jr. bought 267,697 shares of Ford Motor in a Thursday, March 24 transaction. The shares were purchased at an average price of $16.81 per share, for a total transaction of $4,499,986.57. The transaction is disclosed in a filing with the SEC, which can be accessed via this link. 0.90% of the shares are owned by company insiders.
Several major investors recently made changes to their positions at F. Sterling Investment Advisors Ltd. acquired a new stake in Ford Motor during the 4th quarter for $27,000. Retirement Planning Co of New England Inc. acquired a new stake in Ford Motor during the 4th quarter for $28,000. Cedar Mountain Advisors LLC acquired a new stake in Ford Motor during the 4th quarter for $31,000. Rise Advisors LLC acquired a new stake in Ford Motor during the 4th quarter for $39,000. Finally, West Bancorporation Inc. acquired a new stake in Ford Motor during the 4th quarter for $42,000. 50.76% of the shares are currently owned by institutional investors.
About Ford Motor (Get Rank)
Ford Motor Company designs, manufactures, markets, and services a wide variety of Ford trucks, cars, sports vehicles, electric vehicles, and Lincoln luxury vehicles worldwide. It operates through three segments: Automotive, Mobility, and Ford Credit. The Automotive segment sells Ford and Lincoln vehicles, service parts and accessories through distributors and dealers, as well as through dealers to commercial fleet customers, daily car rental companies and governments.
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