Ford Motor (NYSE:F) Stock Price Down 1.2% – What’s Next?

Shares of Ford Motor (NYSE:F) dropped 1.2% during trading on Monday . The company traded as low as $9.67 and last traded at $9.96. Approximately 56,388,926 shares changed hands during trading, a decline of 14% from the average daily volume of 65,590,641 shares. The stock had previously closed at $10.08.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a research note on Tuesday, October 29th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and reduced their price objective for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Finally, Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, Ford Motor has an average rating of “Hold” and an average target price of $11.82.

Ford Motor Price Performance

The firm has a market cap of $39.65 billion, a PE ratio of 11.34, a price-to-earnings-growth ratio of 1.96 and a beta of 1.63. The company has a 50 day moving average price of $10.16 and a 200 day moving average price of $10.62. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. On average, sell-side analysts expect that Ford Motor will post 1.78 EPS for the current year.

Institutional Investors Weigh In On Ford Motor

A number of hedge funds and other institutional investors have recently made changes to their positions in F. Algert Global LLC acquired a new stake in shares of Ford Motor in the second quarter worth $214,000. Quarry LP acquired a new position in shares of Ford Motor in the 2nd quarter worth approximately $27,000. Handelsbanken Fonder AB increased its holdings in shares of Ford Motor by 4.1% in the 3rd quarter. Handelsbanken Fonder AB now owns 504,928 shares of the auto manufacturer’s stock valued at $5,332,000 after acquiring an additional 19,722 shares during the last quarter. Czech National Bank raised its position in shares of Ford Motor by 6.5% during the 3rd quarter. Czech National Bank now owns 795,732 shares of the auto manufacturer’s stock valued at $8,403,000 after acquiring an additional 48,456 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in Ford Motor by 19.6% during the third quarter. GAMMA Investing LLC now owns 44,300 shares of the auto manufacturer’s stock worth $468,000 after purchasing an additional 7,256 shares during the last quarter. Hedge funds and other institutional investors own 58.74% of the company’s stock.

Ford Motor Company Profile

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.