Ford Motor (NYSE:F) Stock Price Up 1% – Should You Buy?

Shares of Ford Motor Company (NYSE:F) shot up 1% during trading on Tuesday. The stock traded as high as $12.31 and last traded at $12.2750. Approximately 35,485,852 shares traded hands during mid-day trading, a decline of 38% from the average session volume of 57,191,438 shares. The stock had previously closed at $12.15.

Analysts Set New Price Targets

F has been the topic of a number of recent research reports. UBS Group lifted their price objective on shares of Ford Motor from $14.00 to $17.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Piper Sandler raised their price target on Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Barclays upped their price objective on Ford Motor from $13.00 to $14.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. Wall Street Zen downgraded Ford Motor from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Finally, DZ Bank raised Ford Motor from a “sell” rating to a “hold” rating and set a $16.00 target price on the stock in a report on Friday, July 31st. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average target price of $15.55.

Ford Motor Price Performance

The firm has a market cap of $48.95 billion, a PE ratio of -6.56, a price-to-earnings-growth ratio of 0.25 and a beta of 1.93. The company has a current ratio of 1.09, a quick ratio of 0.93 and a debt-to-equity ratio of 3.07. The company has a 50 day moving average price of $13.74 and a 200 day moving average price of $13.54.

Ford Motor (NYSE:F) last released its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, topping the consensus estimate of $0.33 by $0.09. The business had revenue of $48.30 billion for the quarter, compared to analyst estimates of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The business’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.37 EPS. On average, sell-side analysts expect that Ford Motor Company will post 1.86 EPS for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 11th were issued a $0.15 dividend. The ex-dividend date was Tuesday, August 11th. This represents a $0.60 annualized dividend and a yield of 4.9%. Ford Motor’s payout ratio is -32.09%.

Institutional Trading of Ford Motor

Several institutional investors have recently made changes to their positions in F. MV Capital Management Inc. acquired a new stake in Ford Motor during the fourth quarter worth about $25,000. Legacy Wealth Managment LLC ID grew its holdings in Ford Motor by 108.4% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock valued at $27,000 after purchasing an additional 1,230 shares in the last quarter. Caldwell Trust Co increased its position in shares of Ford Motor by 605.8% during the first 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 during the last quarter. SJS Investment Consulting Inc. grew its stake in Ford Motor by 343.3% during the 1st quarter. SJS Investment Consulting Inc. now owns 2,633 shares of the auto manufacturer’s stock valued at $30,000 after purchasing an additional 2,039 shares in the last quarter. Finally, Manning & Napier Advisors LLC purchased a new stake in Ford Motor during the 2nd quarter worth approximately $31,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

About Ford Motor

Ford Motor Co is an American automobile manufacturer that designs, manufactures, markets and services a broad range of vehicles and mobility-related products. Its lineup includes cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles sold under the Ford brand, as well as luxury vehicles marketed through its Lincoln brand.

Founded by Henry Ford in 1903 and headquartered in Dearborn, Michigan, Ford is one of the world’s oldest major automakers. The company helped popularize mass automobile production and continues to serve customers in North America, South America, Europe and other international markets through manufacturing, sales and distribution operations.

Ford organizes its operations around Ford Blue for gasoline and hybrid vehicles, Model e for electric vehicles, and Ford Pro for commercial customers and related services.