Ford Motor (NYSE:F) Shares Up 2.6% – Time to Buy?

Shares of Ford Motor Company (NYSE:F) traded up 2.6% during trading on Monday. The company traded as high as $12.65 and last traded at $12.57. Approximately 52,128,887 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 55,833,152 shares. The stock had previously closed at $12.25.

Analyst Upgrades and Downgrades

Several analysts have weighed in on F shares. Zacks Research downgraded shares of Ford Motor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 4th. TD Cowen raised their price target on shares of Ford Motor from $13.00 to $15.00 and gave the stock a “hold” rating in a report on Wednesday, July 29th. Jefferies Financial Group upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $14.50 to $17.50 in a research note on Monday, July 27th. Dbs Bank upgraded shares of Ford Motor from a “hold” rating to a “moderate buy” rating in a research note on Tuesday, August 11th. Finally, DZ Bank raised shares of Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 price objective on the stock in a report on Friday, July 31st. Seven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $15.02.

Ford Motor Stock Up 2.6%

The business has a fifty day moving average price of $12.90 and a two-hundred day moving average price of $13.37. The company has a debt-to-equity ratio of 2.97, a current ratio of 1.08 and a quick ratio of 0.94. The firm has a market capitalization of $50.12 billion, a price-to-earnings ratio of -6.38, a price-to-earnings-growth ratio of 0.23 and a beta of 1.88.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.08. Ford Motor had a positive return on equity of 18.89% and a negative net margin of 4.17%. The firm had revenue of $49.53 billion during the quarter, compared to analysts’ expectations of $49.08 billion. During the same period last year, the business posted $0.45 earnings per share. The company’s revenue for the quarter was down 2.0% compared to the same quarter last year. On average, equities analysts expect that Ford Motor Company will post 1.90 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 10th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $0.60 dividend on an annualized basis and a yield of 4.8%. Ford Motor’s dividend payout ratio (DPR) is currently -30.46%.

Institutional Trading of Ford Motor

Several institutional investors and hedge funds have recently bought and sold shares of the business. Ninety One UK Ltd purchased a new stake in shares of Ford Motor in the 3rd quarter valued at $25,000. Legacy Wealth Managment LLC ID increased its stake in shares of Ford Motor by 108.4% in the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 1,230 shares during the period. Manning & Napier Advisors LLC acquired a new stake in shares of Ford Motor in the second quarter worth $31,000. Cedar Mountain Advisors LLC raised its holdings in shares of Ford Motor by 58.1% during the first quarter. Cedar Mountain Advisors LLC now owns 2,940 shares of the auto manufacturer’s stock worth $34,000 after purchasing an additional 1,080 shares during the last quarter. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of Ford Motor during the third quarter worth $36,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Company Profile

Ford Motor Co is an American automobile manufacturer founded in 1903 by Henry Ford and headquartered in Dearborn, Michigan. The company helped popularize mass automobile production and is known for brands including Ford and Lincoln.

Ford develops, manufactures and sells cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles. Its product portfolio includes the F-Series pickup trucks, Transit commercial vans, Mustang sports cars and a range of utility vehicles. The company also provides vehicle software, connected services, fleet solutions, maintenance and other support services.

Ford operates through Ford Blue, which focuses on gasoline- and hybrid-powered vehicles; Model e, which develops electric vehicles and related technologies; and Ford Pro, which serves commercial and fleet customers.