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

Ford Motor (NYSE:F) traded up 0.4% during mid-day trading on Wednesday . The company traded as high as $11.19 and last traded at $11.15. 9,373,649 shares were traded during trading, a decline of 82% from the average session volume of 52,977,176 shares. The stock had previously closed at $11.11.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Barclays decreased their target price on shares of Ford Motor from $16.00 to $14.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 15th. Wells Fargo & Company reduced 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. Evercore ISI upgraded Ford Motor to a “hold” rating in a report on Friday, July 26th. Finally, The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and boosted their target price for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Ford Motor has a consensus rating of “Hold” and an average target price of $12.56.

Ford Motor Price Performance

The company has a market cap of $44.16 billion, a PE ratio of 11.49, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. The firm has a 50 day simple moving average of $10.79 and a 200-day simple moving average of $11.73.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The firm had revenue of $47.81 billion during the quarter, compared to analysts’ expectations of $47.79 billion. During the same quarter last year, the business earned $0.72 EPS. The business’s revenue was up 6.3% on a year-over-year basis. As a group, research analysts predict that Ford Motor will post 1.88 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Olistico Wealth LLC purchased a new stake in Ford Motor in the 2nd quarter worth approximately $25,000. Family Firm Inc. purchased a new stake in Ford Motor during the second quarter worth $26,000. Quarry LP acquired a new stake in Ford Motor during the second quarter valued at $27,000. Ridgewood Investments LLC acquired a new position in shares of Ford Motor in the second quarter worth about $28,000. Finally, Kimelman & Baird LLC purchased a new stake in shares of Ford Motor during the 2nd quarter worth about $30,000. 58.74% of the stock is currently 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.