Ford Motor (NYSE:F) Trading 1.8% Higher – Should You Buy?

Ford Motor (NYSE:F)’s share price was up 1.8% during mid-day trading on Monday . The stock traded as high as $10.20 and last traded at $10.18. Approximately 20,071,501 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 61,922,215 shares. The stock had previously closed at $10.00.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research note on Monday, February 10th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and reduced their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. JPMorgan Chase & Co. decreased their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Friday, February 7th. Royal Bank of Canada dropped their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 6th. Finally, Piper Sandler decreased their target price on Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a research report on Thursday. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $11.50.

Ford Motor Trading Up 2.0 %

The company has a market capitalization of $40.41 billion, a P/E ratio of 6.98, a PEG ratio of 0.61 and a beta of 1.59. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The stock has a fifty day moving average of $9.73 and a 200 day moving average of $10.29.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, equities research analysts anticipate that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were paid a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.89%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Hager Investment Management Services LLC purchased a new position in shares of Ford Motor in the fourth quarter worth $26,000. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor during the 4th quarter valued at about $29,000. Flagship Wealth Advisors LLC purchased a new position in shares of Ford Motor during the fourth quarter valued at about $30,000. Kentucky Trust Co bought a new stake in shares of Ford Motor in the fourth quarter worth about $31,000. Finally, Spurstone Advisory Services LLC purchased a new stake in shares of Ford Motor in the fourth quarter worth about $31,000. Institutional investors 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.