Ford Motor (NYSE:F) Shares Gap Down – Time to Sell?

Ford Motor (NYSE:F) shares gapped down prior to trading on Monday . The stock had previously closed at $10.39, but opened at $10.07. Ford Motor shares last traded at $10.04, with a volume of 22,834,295 shares trading hands.

Analyst Ratings Changes

Several analysts have issued reports on F shares. Barclays cut their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note 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 report on Wednesday, October 30th. Jefferies Financial Group lowered Ford Motor from a “hold” rating to an “underperform” rating and reduced their price objective for the stock from $12.00 to $9.00 in a research note on Monday. Wolfe Research reaffirmed an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $11.83.

Ford Motor Price Performance

The firm has a market capitalization of $39.74 billion, a price-to-earnings ratio of 11.48, a P/E/G ratio of 1.90 and a beta of 1.62. The company’s 50 day moving average is $10.85 and its 200-day moving average is $11.31. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last released its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion during 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 firm’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.39 earnings per share. Equities research analysts anticipate that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Announces Dividend

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

Institutional Investors Weigh In On Ford Motor

Several hedge funds and other institutional investors have recently made changes to their positions in F. Family Firm Inc. purchased a new stake in shares of Ford Motor during the 2nd quarter valued at approximately $26,000. Quarry LP bought a new position in shares of Ford Motor during the 2nd quarter valued at $27,000. Ridgewood Investments LLC bought a new stake in Ford Motor in the 2nd quarter worth $28,000. Kimelman & Baird LLC purchased a new stake in shares of Ford Motor in the 2nd quarter worth about $30,000. Finally, Reston Wealth Management LLC purchased a new position in Ford Motor during the 3rd quarter valued at about $33,000. 58.74% of the stock is owned by institutional investors.

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.