Ford Motor (NYSE:F) Stock Price Up 0.4% – Should You Buy?

Ford Motor (NYSE:F)’s share price rose 0.4% on Tuesday . The stock traded as high as $10.01 and last traded at $9.96. Approximately 13,413,744 shares changed hands during trading, a decline of 75% from the average daily volume of 54,254,859 shares. The stock had previously closed at $9.92.

Wall Street Analysts Forecast Growth

F has been the subject of a number of analyst reports. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price objective for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Wells Fargo & Company cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research report on Tuesday, September 10th. Finally, Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research report on Thursday, November 7th. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and a consensus target price of $11.83.

Ford Motor Stock Down 1.3 %

The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The company’s 50 day simple moving average is $10.52 and its 200-day simple moving average is $11.07. The firm has a market cap of $38.91 billion, a P/E ratio of 11.13, a PEG ratio of 1.90 and a beta of 1.64.

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

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.13%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio is currently 68.18%.

Hedge Funds Weigh In On Ford Motor

Several hedge funds have recently made changes to their positions in the company. Franklin Resources Inc. grew its stake in Ford Motor by 29.8% in the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after acquiring an additional 336,720 shares during the period. Principal Financial Group Inc. raised its position in shares of Ford Motor by 3.8% during the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after buying an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC purchased a new position in Ford Motor in the third quarter worth approximately $55,456,000. ING Groep NV raised its position in Ford Motor by 93.4% in the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock valued at $12,473,000 after purchasing an additional 570,293 shares during the period. Finally, OneAscent Financial Services LLC acquired a new position in shares of Ford Motor in the 3rd quarter valued at $545,000. 58.74% of the stock is owned by institutional investors and hedge funds.

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.