Ford Motor (NYSE:F) Trading Up 1.2% – Should You Buy?

Ford Motor Company (NYSE:F) shares were up 1.2% during trading on Tuesday . The stock traded as high as $13.44 and last traded at $13.3150. Approximately 79,584,867 shares traded hands during mid-day trading, a decline of 18% from the average daily volume of 97,558,781 shares. The stock had previously closed at $13.16.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Dbs Bank lowered shares of Ford Motor from a “hold” rating to a “moderate sell” rating in a research note on Monday, August 4th. The Goldman Sachs Group upped their price objective on Ford Motor from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Monday, September 29th. Royal Bank Of Canada lifted their target price on Ford Motor from $11.00 to $12.00 and gave the company a “sector perform” rating in a research report on Friday, October 24th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ford Motor in a research report on Wednesday, November 5th. Finally, UBS Group raised their price target on shares of Ford Motor from $11.00 to $12.50 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Two equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $11.73.

Ford Motor Stock Up 1.2%

The company has a debt-to-equity ratio of 2.20, a current ratio of 1.12 and a quick ratio of 0.98. The firm has a 50-day moving average of $12.17 and a 200 day moving average of $11.36. The stock has a market capitalization of $53.05 billion, a price-to-earnings ratio of 11.48, a PEG ratio of 4.03 and a beta of 1.60.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.07. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The company had revenue of $50.53 billion for the quarter, compared to analysts’ expectations of $43.08 billion. During the same quarter in the prior year, the business posted $0.49 EPS. The business’s revenue was up 9.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 7th will be paid a $0.15 dividend. The ex-dividend date is Friday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 4.5%. Ford Motor’s dividend payout ratio (DPR) is currently 51.72%.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently modified their holdings of F. Trust Co. of Toledo NA OH acquired a new position in Ford Motor during the second quarter worth approximately $25,000. Corsicana & Co. bought a new position in shares of Ford Motor during the 3rd quarter worth approximately $25,000. Country Trust Bank acquired a new position in shares of Ford Motor during the 2nd quarter worth approximately $27,000. Capital A Wealth Management LLC raised its stake in Ford Motor by 990.9% in the 2nd quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer’s stock valued at $27,000 after acquiring an additional 2,279 shares during the period. Finally, Atlantic Union Bankshares Corp acquired a new stake in Ford Motor during the 2nd quarter valued at $30,000. 58.74% of the stock is owned by institutional investors.

About Ford Motor

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.