Ford Motor (NYSE:F) Trading Up 0.1% – Here’s Why

Ford Motor (NYSE:F) shares shot up 0.1% during trading on Tuesday . The stock traded as high as $9.82 and last traded at $9.72. 12,044,974 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 60,062,074 shares. The stock had previously closed at $9.71.

Analysts Set New Price Targets

A number of research analysts recently weighed in on F shares. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Jefferies Financial Group cut Ford Motor from a “hold” rating to an “underperform” rating and dropped their price objective for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, Barclays decreased their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $11.83.

Ford Motor Stock Performance

The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The firm has a market cap of $38.67 billion, a P/E ratio of 11.06, a P/E/G ratio of 1.89 and a beta of 1.64. The company’s 50 day moving average is $10.46 and its 200 day moving average is $10.99.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period last year, the firm posted $0.39 earnings per share. As a group, equities analysts predict that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.17%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio is currently 68.18%.

Institutional Trading of Ford Motor

A number of large investors have recently bought and sold shares of the business. Quarry LP bought a new stake in Ford Motor in the second quarter valued at $27,000. Kimelman & Baird LLC acquired a new position in Ford Motor during the 2nd quarter worth approximately $30,000. Reston Wealth Management LLC bought a new position in Ford Motor in the third quarter worth approximately $33,000. Access Investment Management LLC acquired a new stake in Ford Motor in the third quarter valued at approximately $34,000. Finally, Modus Advisors LLC bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $34,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.