Ford Motor (NYSE:F) Stock Price Up 1.9% – Should You Buy?

Ford Motor Company (NYSE:F) shares were up 1.9% during mid-day trading on Tuesday . The stock traded as high as $12.03 and last traded at $11.9340. Approximately 59,474,012 shares traded hands during trading, a decline of 13% from the average daily volume of 68,734,242 shares. The stock had previously closed at $11.71.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on F. Barclays upped their target price on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Friday, January 23rd. HSBC raised their target price on Ford Motor from $9.80 to $12.80 and gave the stock a “hold” rating in a research note on Tuesday, January 13th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $12.00 price target on shares of Ford Motor in a research note on Wednesday, February 11th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Ford Motor in a report on Monday, December 22nd. Finally, TD Cowen boosted their target price on Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $13.29.

Ford Motor Trading Up 1.9%

The firm has a market capitalization of $47.61 billion, a price-to-earnings ratio of -5.79, a PEG ratio of 0.27 and a beta of 1.65. The company has a debt-to-equity ratio of 2.95, a quick ratio of 0.94 and a current ratio of 1.07. The company has a 50-day moving average price of $13.53 and a 200-day moving average price of $12.94.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, February 11th. The auto manufacturer reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.07. Ford Motor had a negative net margin of 4.37% and a positive return on equity of 10.16%. The firm had revenue of $45.89 billion for the quarter, compared to analyst estimates of $41.78 billion. During the same period last year, the firm posted $0.39 EPS. Ford Motor’s quarterly revenue was down 4.8% on a year-over-year basis. As a group, research analysts forecast that Ford Motor Company will post 1.47 EPS for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Friday, February 13th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date of this dividend was Friday, February 13th. Ford Motor’s dividend payout ratio (DPR) is -29.13%.

Insiders Place Their Bets

In other news, insider William Clay Ford, Jr. bought 140,000 shares of the business’s stock in a transaction that occurred on Thursday, February 19th. The stock was purchased at an average price of $13.82 per share, with a total value of $1,934,800.00. Following the purchase, the insider owned 3,912,600 shares of the company’s stock, valued at $54,072,132. This trade represents a 3.71% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.48% of the company’s stock.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors have recently bought and sold shares of the stock. Corsicana & Co. purchased a new stake in shares of Ford Motor during the 3rd quarter valued at $25,000. Grove Bank & Trust raised its position in shares of Ford Motor by 110.7% in the 4th quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after buying an additional 1,000 shares during the period. MV Capital Management Inc. acquired a new position in Ford Motor in the fourth quarter valued at $25,000. Olistico Wealth LLC acquired a new position in Ford Motor in the fourth quarter valued at $26,000. Finally, McMillan Office Inc. purchased a new stake in Ford Motor during the fourth quarter valued at about $26,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

About Ford Motor

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.