Ford Motor (NYSE:F) Stock Price Up 0.2% – What’s Next?

Shares of Ford Motor (NYSE:F) rose 0.2% during trading on Friday . The stock traded as high as $10.20 and last traded at $10.09. Approximately 14,377,575 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 54,080,617 shares. The stock had previously closed at $10.07.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the company. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and cut their target price for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research note on Thursday, November 7th. Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their target price for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, Ford Motor has a consensus rating of “Hold” and a consensus price target of $11.83.

Ford Motor Price Performance

The stock has a market capitalization of $39.86 billion, a price-to-earnings ratio of 11.40, a P/E/G ratio of 1.90 and a beta of 1.62. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The stock has a fifty day moving average of $10.67 and a 200-day moving average of $11.16.

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

Ford Motor Dividend Announcement

The company also recently announced 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 was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.98%. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in F. Quarry LP purchased a new position in shares of Ford Motor in the 2nd quarter valued at approximately $27,000. Kimelman & Baird LLC purchased a new position in Ford Motor in the 2nd quarter valued at $30,000. Reston Wealth Management LLC purchased a new position in Ford Motor during the 3rd quarter worth $33,000. Access Investment Management LLC acquired a new stake in shares of Ford Motor in the 3rd quarter worth $34,000. Finally, Truvestments Capital LLC purchased a new stake in shares of Ford Motor in the third quarter valued at about $37,000. Hedge funds and other 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.