Barclays Issues Pessimistic Forecast for Ford Motor (NYSE:F) Stock Price

Ford Motor (NYSE:F) had its price target lowered by Barclays from $14.00 to $13.00 in a report released on Tuesday, Benzinga reports. Barclays currently has an overweight rating on the auto manufacturer’s stock.

F has been the subject of several other research reports. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Evercore ISI upgraded Ford Motor to a “hold” rating in a research note on Friday, July 26th. Wells Fargo & Company lowered their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. Royal Bank of Canada dropped their price objective on shares of Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a report on Monday, August 12th. Finally, The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their target price for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average price target of $12.41.

Ford Motor Price Performance

F opened at $10.22 on Tuesday. The company’s 50-day simple moving average is $10.80 and its two-hundred day simple moving average is $11.62. The company has a debt-to-equity ratio of 2.34, a quick ratio of 1.00 and a current ratio of 1.15. The stock has a market capitalization of $40.61 billion, a P/E ratio of 11.61, a P/E/G ratio of 1.90 and a beta of 1.62. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same quarter in the prior year, the firm earned $0.39 earnings per share. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. As a group, analysts predict that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.87%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio is currently 68.18%.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Olistico Wealth LLC purchased a new stake in shares of Ford Motor during the second quarter worth about $25,000. Family Firm Inc. purchased a new stake in Ford Motor during the 2nd quarter valued at approximately $26,000. Quarry LP bought a new stake in shares of Ford Motor during the second quarter valued at approximately $27,000. Ridgewood Investments LLC purchased a new position in shares of Ford Motor in the second quarter worth $28,000. Finally, Kimelman & Baird LLC bought a new position in shares of Ford Motor during the second quarter worth $30,000. 58.74% of the stock is owned by institutional investors.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.