Ford Motor (NYSE:F) Stock Price Down 1.1% – Should You Sell?

Ford Motor Company (NYSE:F) fell 1.1% on Friday . The stock traded as low as $14.41 and last traded at $14.6950. 54,428,133 shares traded hands during mid-day trading, a decline of 11% from the average session volume of 61,132,680 shares. The stock had previously closed at $14.86.

Key Stories Impacting Ford Motor

Here are the key news stories impacting Ford Motor this week:

• Positive Sentiment: Ford’s second-quarter results featured adjusted EPS of $0.42, above the $0.33 consensus estimate. The profit beat outweighed a revenue shortfall, helping the stock rally in the prior session. Why Ford Stock Is Up Today
• Positive Sentiment: DZ Bank upgraded Ford from “sell” to “hold” and established a $16 price target, implying additional upside from recent trading levels. DZ Bank Ford Rating
• Positive Sentiment: JPMorgan, TD Cowen and Piper Sandler analysts reportedly see meaningful appreciation potential for Ford shares, adding to the favorable post-earnings sentiment. JPMorgan Ford Forecast
• Positive Sentiment: Ford won its largest U.S. military contract since the Cold War to build F-Series-based tactical truck prototypes for the U.S. Army, potentially adding diversification and revenue opportunities beyond consumer vehicles. Ford Army Truck Contract

Analyst Upgrades and Downgrades

Several research analysts have recently commented on F shares. Bank of America raised their price objective on shares of Ford Motor from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Friday, May 29th. UBS Group upped their target price on shares of Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a research note on Monday, June 8th. TD Cowen raised their price target on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Wednesday. Wells Fargo & Company upped their price objective on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Thursday, June 25th. Finally, BNP Paribas Exane increased their price objective on Ford Motor from $14.00 to $14.50 and gave the company a “neutral” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Ford Motor has an average rating of “Hold” and an average price target of $15.68.

Ford Motor Price Performance

The stock’s 50 day moving average is $14.55 and its two-hundred day moving average is $13.46. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.94. The stock has a market capitalization of $58.56 billion, a PE ratio of -7.86, a price-to-earnings-growth ratio of 0.36 and a beta of 1.82.

Ford Motor (NYSE:F) last issued its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.09. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The firm had revenue of $48.30 billion for the quarter, compared to analysts’ expectations of $47.24 billion. During the same quarter last year, the company earned $0.37 earnings per share. The firm’s revenue was down 3.8% compared to the same quarter last year. As a group, sell-side analysts forecast that Ford Motor Company will post 1.66 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Tuesday, August 11th. Ford Motor’s dividend payout ratio (DPR) is presently -38.71%.

Hedge Funds Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently modified their holdings of the company. MV Capital Management Inc. purchased a new stake in Ford Motor during the 4th quarter worth about $25,000. McMillan Office Inc. purchased a new position in shares of Ford Motor in the 4th quarter valued at about $26,000. Legacy Wealth Managment LLC ID increased its holdings in shares of Ford Motor by 108.4% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 1,230 shares during the last quarter. Johnson Financial Group Inc. raised its position in shares of Ford Motor by 55.4% during the 3rd quarter. Johnson Financial Group Inc. now owns 2,348 shares of the auto manufacturer’s stock worth $28,000 after acquiring an additional 837 shares in the last quarter. Finally, Caldwell Trust Co raised its position in shares of Ford Motor by 605.8% during the 1st quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock worth $29,000 after acquiring an additional 2,175 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Company Profile

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.