Ford Motor (NYSE:F) Stock Price Up 0.3% – Should You Buy?

Shares of Ford Motor (NYSE:F) traded up 0.3% on Thursday . The stock traded as high as $9.99 and last traded at $9.98. 12,526,224 shares were traded during trading, a decline of 79% from the average session volume of 59,712,488 shares. The stock had previously closed at $9.95.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on F. Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 price objective on shares of Ford Motor in a report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a report on Thursday, November 7th. 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. Finally, Barclays decreased their price target 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. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $11.83.

Ford Motor Stock Performance

The firm has a 50 day moving average of $10.44 and a two-hundred day moving average of $10.97. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The stock has a market cap of $39.76 billion, a PE ratio of 11.37, a PEG ratio of 1.86 and a beta of 1.64.

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. The firm had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The company’s revenue was up 5.5% on a year-over-year basis. During the same period last year, the firm posted $0.39 EPS. Research analysts predict that Ford Motor will post 1.77 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 6.00%. Ford Motor’s dividend payout ratio is presently 68.18%.

Institutional Trading of Ford Motor

A number of hedge funds have recently added to or reduced their stakes in the stock. Quarry LP purchased a new stake in shares of Ford Motor in the second quarter valued at about $27,000. Kimelman & Baird LLC purchased a new stake in Ford Motor in the 2nd quarter valued at approximately $30,000. Reston Wealth Management LLC purchased a new stake in Ford Motor in the 3rd quarter valued at approximately $33,000. Access Investment Management LLC acquired a new position in Ford Motor during the 3rd quarter worth approximately $34,000. Finally, Modus Advisors LLC purchased a new position in shares of Ford Motor during the 4th quarter worth approximately $34,000. 58.74% of the stock is 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.