Goldman Sachs Group, Inc. (The) Reiterates “Hold” Rating for Ford Motor Company (NYSE:F)

Ford Motor Company (NYSE:F)‘s stock had its “hold” rating reiterated by research analysts at Goldman Sachs Group, Inc. (The) in a research note issued on Monday, October 30th.

F has been the topic of several other research reports. Vetr lowered shares of Ford Motor from a “strong-buy” rating to a “buy” rating and set a $12.54 price target on the stock. in a research report on Monday, September 4th. Citigroup Inc. lifted their price target on shares of Ford Motor from $12.00 to $13.00 and gave the stock a “neutral” rating in a research report on Monday, October 30th. Berenberg Bank set a $10.00 price objective on shares of Ford Motor and gave the stock a “sell” rating in a research report on Monday, August 14th. Barclays PLC cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lifted their price objective for the stock from $12.12 to $14.00 in a research report on Friday, October 13th. Finally, BidaskClub upgraded shares of Ford Motor from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and seven have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $12.63.

Shares of Ford Motor (NYSE F) opened at $12.02 on Monday. Ford Motor has a twelve month low of $10.47 and a twelve month high of $13.27. The company has a market capitalization of $48,303.19, a P/E ratio of 7.24, a P/E/G ratio of 0.63 and a beta of 1.24. The company has a current ratio of 1.19, a quick ratio of 1.08 and a debt-to-equity ratio of 2.94.

Ford Motor (NYSE:F) last announced its earnings results on Thursday, October 26th. The auto manufacturer reported $0.43 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.10. The firm had revenue of $33.65 billion for the quarter, compared to analysts’ expectations of $32.80 billion. Ford Motor had a return on equity of 21.62% and a net margin of 2.91%. The firm’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.26 earnings per share. analysts expect that Ford Motor will post 1.81 EPS for the current year.

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In other Ford Motor news, insider Joseph R. Hinrichs sold 40,000 shares of the business’s stock in a transaction on Tuesday, September 5th. The shares were sold at an average price of $11.34, for a total transaction of $453,600.00. Following the completion of the transaction, the insider now owns 532,435 shares of the company’s stock, valued at approximately $6,037,812.90. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 transaction of $287,500.00. Following the transaction, the insider now directly owns 76,358 shares of the company’s stock, valued at approximately $878,117. The disclosure for this sale can be found here. In the last ninety days, insiders sold 137,076 shares of company stock valued at $1,599,180. 1.08% of the stock is owned by company insiders.

A number of institutional investors have recently added to or reduced their stakes in the business. JFS Wealth Advisors LLC lifted its position in Ford Motor by 0.3% during the 2nd quarter. JFS Wealth Advisors LLC now owns 10,997 shares of the auto manufacturer’s stock worth $123,000 after acquiring an additional 33 shares during the last quarter. FNY Managed Accounts LLC lifted its position in Ford Motor by 0.3% during the 1st quarter. FNY Managed Accounts LLC now owns 10,339 shares of the auto manufacturer’s stock worth $120,000 after acquiring an additional 34 shares during the last quarter. Donaldson Capital Management LLC lifted its position in Ford Motor by 0.3% during the 2nd quarter. Donaldson Capital Management LLC now owns 13,851 shares of the auto manufacturer’s stock worth $155,000 after acquiring an additional 43 shares during the last quarter. Gainplan LLC lifted its position in Ford Motor by 0.4% during the 2nd quarter. Gainplan LLC now owns 11,072 shares of the auto manufacturer’s stock worth $124,000 after acquiring an additional 45 shares during the last quarter. Finally, Berson & Corrado Investment Advisors LLC lifted its position in Ford Motor by 0.5% during the 2nd quarter. Berson & Corrado Investment Advisors LLC now owns 14,270 shares of the auto manufacturer’s stock worth $160,000 after acquiring an additional 70 shares during the last quarter. 54.31% of the stock is owned by hedge funds and other institutional investors.

About Ford Motor

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)

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