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

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

F has been the topic of a number of other reports. Citigroup raised Ford Motor from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $19.00 to $20.00 in a report on Wednesday, July 29th. Zacks Research lowered shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. DZ Bank raised shares of Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 target price for the company in a research note on Friday, July 31st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $14.00 target price on shares of Ford Motor in a report on Wednesday, May 13th. Finally, Jefferies Financial Group upgraded Ford Motor from a “hold” rating to a “buy” rating and boosted their target price for the stock from $14.50 to $17.50 in a research report on Monday, July 27th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $15.68.

Ford Motor Stock Performance

F stock opened at $13.83 on Tuesday. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93. Ford Motor has a 1 year low of $11.11 and a 1 year high of $17.78. The company has a market cap of $55.15 billion, a P/E ratio of -7.40, a price-to-earnings-growth ratio of 0.29 and a beta of 1.82. The stock’s fifty day moving average price is $14.22 and its 200-day moving average price is $13.49.

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

Institutional Trading of Ford Motor

A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in Ford Motor during the 2nd quarter worth approximately $4,649,131,000. Bank of New York Mellon Corp purchased a new stake in shares of Ford Motor in the 2nd quarter valued at $717,218,000. Norges Bank acquired a new stake in shares of Ford Motor in the fourth quarter worth $674,437,000. Deutsche Bank AG acquired a new position in Ford Motor during the second quarter valued at $267,563,000. Finally, Marshall Wace LLP boosted its holdings in Ford Motor by 81.1% in the third quarter. Marshall Wace LLP now owns 35,438,722 shares of the auto manufacturer’s stock valued at $423,847,000 after purchasing an additional 15,866,285 shares during 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.