Ford Motor (F) Earns “Hold” Rating from BMO Capital Markets

BMO Capital Markets reaffirmed their hold rating on shares of Ford Motor (NYSE:F) in a research note issued to investors on Monday morning. BMO Capital Markets currently has a $8.50 price objective on the auto manufacturer’s stock.

A number of other equities analysts have also commented on the company. Citigroup cut their price target on Ford Motor from $10.50 to $9.90 and set a neutral rating for the company in a report on Monday, September 10th. Berenberg Bank reaffirmed a sell rating and issued a $6.00 price target on shares of Ford Motor in a report on Friday, November 9th. Morgan Stanley lowered Ford Motor from an overweight rating to an equal weight rating and dropped their price objective for the company from $14.00 to $10.00 in a research note on Friday, October 19th. ValuEngine lowered Ford Motor from a hold rating to a sell rating in a research note on Wednesday, January 2nd. Finally, Barclays dropped their price objective on Ford Motor from $12.00 to $11.00 and set an equal weight rating for the company in a research note on Wednesday, September 26th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of $10.59.

NYSE:F opened at $8.85 on Monday. The company has a debt-to-equity ratio of 2.80, a current ratio of 1.21 and a quick ratio of 1.08. Ford Motor has a 1 year low of $7.41 and a 1 year high of $13.48. The firm has a market capitalization of $34.65 billion, a price-to-earnings ratio of 4.97, a PEG ratio of 1.27 and a beta of 0.90.

Ford Motor (NYSE:F) last released its earnings results on Wednesday, October 24th. The auto manufacturer reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.01. Ford Motor had a return on equity of 15.48% and a net margin of 3.88%. The business had revenue of $34.66 billion during the quarter, compared to the consensus estimate of $32.05 billion. During the same period last year, the business posted $0.43 earnings per share. On average, equities research analysts predict that Ford Motor will post 1.35 EPS for the current fiscal year.

In other news, Director Ray T. Charley purchased 4,000 shares of the company’s stock in a transaction on Monday, October 29th. The stock was purchased at an average price of $12.90 per share, with a total value of $51,600.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.95% of the company’s stock.

Hedge funds have recently modified their holdings of the business. Csenge Advisory Group purchased a new position in Ford Motor during the 3rd quarter valued at about $42,000. OmniStar Financial Group Inc. purchased a new position in Ford Motor during the 3rd quarter valued at about $93,000. MAI Capital Management purchased a new position in Ford Motor during the 2nd quarter valued at about $117,000. CLARET ASSET MANAGEMENT Corp purchased a new position in Ford Motor during the 3rd quarter valued at about $106,000. Finally, Tower Research Capital LLC TRC increased its holdings in Ford Motor by 1,904.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 12,026 shares of the auto manufacturer’s stock valued at $133,000 after purchasing an additional 11,426 shares during the period. 54.05% of the stock is owned by hedge funds and other institutional investors.

About Ford Motor

Ford Motor Company designs, manufactures, markets, and services a range of Ford cars, trucks, sport utility vehicles, and electrified vehicles; and Lincoln luxury vehicles worldwide. Its Automotive segment sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to fleet customers, including commercial fleet customers, daily rental car companies, and governments.

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Analyst Recommendations for Ford Motor (NYSE:F)

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