Ford Motor (NYSE:F) Stock Rating Lowered by Wall Street Zen

Ford Motor (NYSE:F) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “sell” rating in a research report issued on Saturday.

A number of other research firms have also weighed in on F. Evercore increased their price objective on shares of Ford Motor from $12.00 to $14.00 and gave the stock an “in-line” rating in a research report on Monday, December 22nd. Wells Fargo & Company upped their target price on Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a research note on Friday, October 24th. Weiss Ratings reissued a “buy (b-)” rating on shares of Ford Motor in a research note on Monday, December 22nd. TD Cowen boosted their price objective on Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a report on Tuesday, January 13th. Finally, HSBC upped their price objective on Ford Motor from $9.80 to $12.80 and gave the company a “hold” rating in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $13.02.

Ford Motor Stock Performance

NYSE:F opened at $14.10 on Friday. The firm has a market capitalization of $56.16 billion, a PE ratio of -6.84, a PEG ratio of 0.34 and a beta of 1.66. The stock’s fifty day moving average is $13.62 and its 200 day moving average is $12.68. Ford Motor has a fifty-two week low of $8.44 and a fifty-two week high of $14.50. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Tuesday, February 10th. The auto manufacturer reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.07. The business had revenue of $45.89 billion for the quarter, compared to analysts’ expectations of $41.78 billion. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The business’s revenue was down 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.39 earnings per share. On average, sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Institutional Trading of Ford Motor

Several institutional investors and hedge funds have recently made changes to their positions in F. Norges Bank purchased a new stake in shares of Ford Motor during the fourth quarter valued at about $674,437,000. DLD Asset Management LP bought a new position in shares of Ford Motor during the 3rd quarter worth approximately $299,000,000. Marshall Wace LLP lifted its position in Ford Motor by 712.7% during the second quarter. Marshall Wace LLP now owns 19,572,437 shares of the auto manufacturer’s stock valued at $212,361,000 after acquiring an additional 17,164,234 shares during the last quarter. Geode Capital Management LLC boosted its stake in Ford Motor by 17.9% in the second quarter. Geode Capital Management LLC now owns 103,784,031 shares of the auto manufacturer’s stock valued at $1,122,434,000 after acquiring an additional 15,748,694 shares in the last quarter. Finally, Bank of New York Mellon Corp boosted its stake in Ford Motor by 26.9% in the fourth quarter. Bank of New York Mellon Corp now owns 38,153,383 shares of the auto manufacturer’s stock valued at $500,572,000 after acquiring an additional 8,086,564 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

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.