Ford Motor (NYSE:F) Shares Up 0.3% – What’s Next?

Ford Motor (NYSE:F)’s share price was up 0.3% during mid-day trading on Thursday . The company traded as high as $9.99 and last traded at $9.98. Approximately 12,526,224 shares were traded during mid-day trading, a decline of 79% from the average daily volume of 59,712,488 shares. The stock had previously closed at $9.95.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on F shares. Morgan Stanley cut shares of Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Barclays decreased their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a research note on Tuesday, October 29th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Finally, Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Ford Motor presently has a consensus rating of “Hold” and an average price target of $11.83.

Ford Motor Stock Performance

The stock has a market capitalization of $40.43 billion, a PE ratio of 11.56, a P/E/G ratio of 1.86 and a beta of 1.64. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The firm’s 50 day moving average is $10.40 and its two-hundred day moving average is $10.96.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion for 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 company’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.39 earnings per share. As a group, research analysts predict that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio is presently 68.18%.

Institutional Investors Weigh In On Ford Motor

A number of large investors have recently modified their holdings of F. Citizens Financial Group Inc. RI purchased a new stake in Ford Motor during the second quarter worth approximately $156,000. Mercer Global Advisors Inc. ADV lifted its position in shares of Ford Motor by 11.7% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 731,930 shares of the auto manufacturer’s stock worth $9,178,000 after buying an additional 76,606 shares during the last quarter. Meiji Yasuda Asset Management Co Ltd. grew its position in shares of Ford Motor by 12.3% in the 2nd quarter. Meiji Yasuda Asset Management Co Ltd. now owns 62,659 shares of the auto manufacturer’s stock valued at $786,000 after buying an additional 6,884 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its stake in Ford Motor by 18.6% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 240,135 shares of the auto manufacturer’s stock worth $2,995,000 after acquiring an additional 37,716 shares in the last quarter. Finally, Cowa LLC purchased a new stake in Ford Motor in the second quarter valued at $359,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

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.