Ford Motor (NYSE:F - Get Free Report)'s stock price fell 0.3% during trading on Friday . The company traded as low as $9.59 and last traded at $9.71. 24,748,966 shares traded hands during trading, a decline of 58% from the average session volume of 58,664,402 shares. The stock had previously closed at $9.74.
Analyst Ratings Changes
F has been the subject of a number of recent analyst reports. The Goldman Sachs Group raised shares of Ford Motor from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Wolfe Research reiterated an "underperform" rating on shares of Ford Motor in a report on Thursday, December 5th. Morgan Stanley lowered Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their price target for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Sanford C. Bernstein lowered Ford Motor from an "outperform" rating to a "market perform" rating and set a $11.00 price objective for the company. in a research report on Thursday, November 7th. Finally, Royal Bank of Canada reiterated a "sector perform" rating and issued a $10.00 target price on shares of Ford Motor in a report on Tuesday, October 29th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $11.83.
Check Out Our Latest Research Report on F
Ford Motor Stock Down 0.8 %
The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The business's fifty day moving average price is $10.47 and its 200 day moving average price is $11.02. The company has a market capitalization of $38.39 billion, a P/E ratio of 10.98, a P/E/G ratio of 1.89 and a beta of 1.62.
Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating the consensus estimate of $0.47 by $0.02. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same quarter in the previous year, the firm earned $0.39 EPS. Ford Motor's quarterly revenue was up 5.5% on a year-over-year basis. As a group, equities research analysts predict that Ford Motor will post 1.81 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a dividend of $0.15 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 6.21%. Ford Motor's dividend payout ratio is 68.18%.
Hedge Funds Weigh In On Ford Motor
Institutional investors have recently modified their holdings of the stock. Los Angeles Capital Management LLC increased its position in Ford Motor by 53.6% in the second quarter. Los Angeles Capital Management LLC now owns 31,510 shares of the auto manufacturer's stock worth $395,000 after purchasing an additional 10,999 shares during the period. Ballentine Partners LLC raised its stake in shares of Ford Motor by 16.6% during the second quarter. Ballentine Partners LLC now owns 23,671 shares of the auto manufacturer's stock worth $297,000 after buying an additional 3,371 shares during the last quarter. Prudential PLC lifted its holdings in Ford Motor by 45.4% in the second quarter. Prudential PLC now owns 59,160 shares of the auto manufacturer's stock valued at $742,000 after buying an additional 18,467 shares during the period. Daiwa Securities Group Inc. boosted its stake in Ford Motor by 9.4% in the second quarter. Daiwa Securities Group Inc. now owns 435,761 shares of the auto manufacturer's stock valued at $5,464,000 after acquiring an additional 37,601 shares during the last quarter. Finally, Coldstream Capital Management Inc. grew its holdings in Ford Motor by 13.7% during the 2nd quarter. Coldstream Capital Management Inc. now owns 69,932 shares of the auto manufacturer's stock worth $877,000 after acquiring an additional 8,415 shares during the period. 58.74% of the stock is owned by institutional investors.
Ford Motor Company Profile
(
Get Free Report)
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.
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