Ford Motor (NYSE:F) Trading Down 1.1% – Should You Sell?

Shares of Ford Motor (NYSE:F) dropped 1.1% during mid-day trading on Wednesday . The company traded as low as $10.62 and last traded at $10.70. Approximately 17,002,620 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 53,631,418 shares. The stock had previously closed at $10.82.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on F. Royal Bank of Canada reissued a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. 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 report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft dropped their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research note on Thursday. Finally, Barclays lowered their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, Ford Motor currently has an average rating of “Hold” and an average target price of $12.08.

Ford Motor Stock Performance

The stock has a market cap of $41.49 billion, a PE ratio of 11.87, a price-to-earnings-growth ratio of 1.97 and a beta of 1.62. 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 fifty day moving average price of $10.86 and a 200 day moving average price of $11.38.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate 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 quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.39 EPS. Research analysts forecast that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.75%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s payout ratio is 68.18%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Family Firm Inc. acquired a new stake in shares of Ford Motor in the second quarter valued at $26,000. Quarry LP purchased a new position in Ford Motor during the 2nd quarter worth $27,000. Ridgewood Investments LLC acquired a new position in Ford Motor in the 2nd quarter valued at $28,000. Kimelman & Baird LLC acquired a new stake in Ford Motor in the second quarter valued at about $30,000. Finally, Reston Wealth Management LLC acquired a new position in Ford Motor during the 3rd quarter worth approximately $33,000. 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.