Ford Motor Company (F) Upgraded to “B-” by TheStreet

TheStreet upgraded shares of Ford Motor Company (NYSE:F) from a c+ rating to a b- rating in a research note released on Thursday morning.

F has been the topic of several other research reports. BidaskClub cut Ford Motor from a sell rating to a strong sell rating in a research report on Thursday, August 10th. ValuEngine cut Ford Motor from a buy rating to a hold rating in a research report on Saturday, June 17th. Royal Bank Of Canada reaffirmed a buy rating and set a $13.00 target price on shares of Ford Motor in a research report on Monday, September 18th. Piper Jaffray Companies reaffirmed a buy rating and set a $14.00 target price on shares of Ford Motor in a research report on Friday, July 28th. Finally, Vetr cut Ford Motor from a strong-buy rating to a buy rating and set a $12.54 target price on the stock. in a research report on Monday, September 4th. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the company. The company has an average rating of Hold and a consensus price target of $12.46.

Ford Motor (NYSE:F) traded up 0.49% during trading on Thursday, reaching $12.31. The company’s stock had a trading volume of 35,091,790 shares. The company’s 50-day moving average is $11.49 and its 200-day moving average is $11.29. The stock has a market cap of $48.89 billion, a PE ratio of 12.96 and a beta of 1.12. Ford Motor has a 12 month low of $10.47 and a 12 month high of $13.27. Ford Motor also saw some unusual options trading on Wednesday. Investors purchased 49,559 call options on the stock. This is an increase of approximately 160% compared to the typical daily volume of 19,065 call options.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, July 26th. The auto manufacturer reported $0.56 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.13. The company had revenue of $36.93 billion for the quarter, compared to analysts’ expectations of $37.22 billion. Ford Motor had a return on equity of 19.69% and a net margin of 2.52%. Ford Motor’s quarterly revenue was down .5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.52 earnings per share. Equities analysts expect that Ford Motor will post $1.75 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Ford Motor Company (F) Upgraded to “B-” by TheStreet” was first published by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this piece on another website, it was illegally stolen and reposted in violation of US & international copyright & trademark laws. The correct version of this piece can be read at https://www.chaffeybreeze.com/2017/10/07/ford-motor-company-f-upgraded-to-b-by-thestreet.html.

In other Ford Motor news, insider Hau N. Thai-Tang sold 25,000 shares of the business’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $11.50, for a total value of $287,500.00. Following the sale, the insider now directly owns 76,358 shares in the company, valued at $878,117. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP John T. Lawler sold 80,624 shares of the business’s stock in a transaction on Thursday, August 3rd. The shares were sold at an average price of $11.00, for a total value of $886,864.00. Following the completion of the sale, the vice president now owns 10 shares in the company, valued at $110. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 217,700 shares of company stock worth $2,486,044. Corporate insiders own 1.08% of the company’s stock.

Large investors have recently added to or reduced their stakes in the stock. Bridgewater Associates LP bought a new stake in shares of Ford Motor during the 1st quarter valued at $2,342,000. Mathes Company Inc. bought a new stake in shares of Ford Motor during the 2nd quarter valued at $571,000. CWA Asset Management Group LLC bought a new stake in shares of Ford Motor during the 1st quarter valued at $122,000. AE Wealth Management LLC raised its stake in shares of Ford Motor by 37.5% during the 1st quarter. AE Wealth Management LLC now owns 170,943 shares of the auto manufacturer’s stock valued at $1,990,000 after purchasing an additional 46,598 shares during the period. Finally, Meag Munich Ergo Kapitalanlagegesellschaft MBH raised its stake in shares of Ford Motor by 133.0% during the 1st quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 584,761 shares of the auto manufacturer’s stock valued at $6,805,000 after purchasing an additional 333,821 shares during the period. Institutional investors own 54.35% of the company’s stock.

Ford Motor Company Profile

Ford Motor Company is a global automotive and mobility company. The Company’s business includes designing, manufacturing, marketing, and servicing a full line of Ford cars, trucks, and sport utility vehicles (SUVs), as well as Lincoln luxury vehicles. The Company operates in four segments: Automotive, Financial Services, Ford Smart Mobility LLC, and Central Treasury Operations.

Analyst Recommendations for Ford Motor (NYSE:F)

Receive News & Ratings for Ford Motor Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ford Motor Company and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply