Ford Motor (NYSE:F) Trading 1.4% Higher – Should You Buy?

Ford Motor (NYSE:F) was up 1.4% during mid-day trading on Friday . The company traded as high as $9.88 and last traded at $9.88. Approximately 17,034,307 shares were traded during trading, a decline of 69% from the average daily volume of 54,139,707 shares. The stock had previously closed at $9.74.

Wall Street Analysts Forecast Growth

F has been the topic of several research analyst reports. Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the stock from $12.00 to $9.00 in a research report on Monday. Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Barclays reduced their price target on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, Ford Motor has an average rating of “Hold” and an average price target of $11.83.

Ford Motor Trading Up 2.0 %

The firm has a market capitalization of $39.46 billion, a P/E ratio of 11.28, a PEG ratio of 1.90 and a beta of 1.62. The business’s 50 day moving average is $10.79 and its two-hundred day moving average is $11.26. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the company posted $0.39 EPS. Analysts expect that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.04%. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Institutional Investors Weigh In On Ford Motor

Several hedge funds have recently made changes to their positions in F. Family Firm Inc. acquired a new stake in shares of Ford Motor in the 2nd quarter valued at $26,000. Quarry LP bought a new stake in Ford Motor in the 2nd quarter valued at $27,000. Ridgewood Investments LLC acquired a new position in Ford Motor in the second quarter worth about $28,000. Kimelman & Baird LLC bought a new stake in shares of Ford Motor in the 2nd quarter valued at approximately $30,000. Finally, Reston Wealth Management LLC bought a new position in shares of Ford Motor during the 3rd quarter worth approximately $33,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

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.