Ford Motor (NYSE:F) Trading Up 0.9% – Should You Buy?

Shares of Ford Motor (NYSE:F) traded up 0.9% during mid-day trading on Tuesday . The company traded as high as $9.99 and last traded at $9.99. 7,047,056 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 54,231,758 shares. The stock had previously closed at $9.90.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Sanford C. Bernstein cut 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. Wells Fargo & Company lowered their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 10th. Barclays reduced their target price on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft lowered their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research note on Wednesday, October 30th. Finally, Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and dropped their price target for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Four equities research 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.com, the stock presently has a consensus rating of “Hold” and an average price target of $11.83.

Ford Motor Price Performance

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 has a market cap of $39.82 billion, a P/E ratio of 11.39, a price-to-earnings-growth ratio of 1.90 and a beta of 1.62. The business has a 50-day simple moving average of $10.75 and a 200 day simple moving average of $11.22.

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, topping the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the business earned $0.39 EPS. On average, analysts anticipate that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were paid a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.99%. Ford Motor’s dividend payout ratio is presently 68.18%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Quarry LP purchased a new position in shares of Ford Motor in the 2nd quarter worth $27,000. Ridgewood Investments LLC purchased a new stake in shares of Ford Motor in the second quarter worth $28,000. Kimelman & Baird LLC purchased a new position in shares of Ford Motor during the 2nd quarter valued at $30,000. Reston Wealth Management LLC purchased a new stake in Ford Motor in the 3rd quarter worth $33,000. Finally, Access Investment Management LLC bought a new position in shares of Ford Motor in the third quarter worth about $34,000. 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.