Ford Motor (NYSE:F) Stock Price Up 1% – What’s Next?

Ford Motor (NYSE:F)’s share price shot up 1% on Friday . The stock traded as high as $9.51 and last traded at $9.45. 15,163,246 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 76,580,469 shares. The stock had previously closed at $9.35.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on F. Jefferies Financial Group downgraded shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their price target for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Bank of America decreased their price target on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Barclays cut Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. JPMorgan Chase & Co. cut their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Friday, February 7th. Finally, Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a research note on Thursday, November 7th. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $11.89.

Ford Motor Trading Up 1.1 %

The business has a 50 day simple moving average of $9.94 and a 200 day simple moving average of $10.48. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 0.98. The company has a market cap of $37.58 billion, a price-to-earnings ratio of 6.48, a price-to-earnings-growth ratio of 1.80 and a beta of 1.63.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. As a group, equities analysts forecast that Ford Motor will post 1.7 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.35%. The ex-dividend date is Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

Hedge Funds Weigh In On Ford Motor

Large investors have recently made changes to their positions in the company. Hager Investment Management Services LLC acquired a new position in shares of Ford Motor in the 4th quarter valued at $26,000. Bank of Jackson Hole Trust bought a new stake in Ford Motor in the fourth quarter valued at about $29,000. Flagship Wealth Advisors LLC bought a new stake in Ford Motor in the fourth quarter valued at about $30,000. Kentucky Trust Co acquired a new position in Ford Motor in the fourth quarter valued at about $31,000. Finally, Reston Wealth Management LLC bought a new position in Ford Motor during the third quarter worth about $33,000. Institutional investors and hedge funds 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.