Ford Motor (NYSE:F - Get Free Report)'s share price was down 1.8% during trading on Monday . The stock traded as low as $9.82 and last traded at $9.85. Approximately 12,184,611 shares traded hands during trading, a decline of 77% from the average daily volume of 54,070,094 shares. The stock had previously closed at $10.03.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on F shares. Deutsche Bank Aktiengesellschaft decreased their target price on shares of 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 reiterated an "underperform" rating on shares of Ford Motor in a research note on Thursday, December 5th. Wells Fargo & Company cut their target price on Ford Motor from $10.00 to $9.00 and set an "underweight" rating on the stock in a research note on Tuesday, September 10th. Morgan Stanley cut shares of Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their price target for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Royal Bank of Canada reissued a "sector perform" rating and set a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $11.83.
Get Our Latest Stock Analysis on F
Ford Motor Trading Down 1.5 %
The stock has a 50 day moving average of $10.65 and a 200-day moving average of $11.14. The company has a market capitalization of $39.27 billion, a P/E ratio of 11.23, a P/E/G ratio of 1.90 and a beta of 1.62. 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 - Get Free Report) last released its 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 for 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%. Ford Motor's revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.39 EPS. On average, research analysts predict that Ford Motor will post 1.81 EPS for the current year.
Ford Motor Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 6.07%. Ford Motor's dividend payout ratio is currently 68.18%.
Hedge Funds Weigh In On Ford Motor
Several institutional investors have recently added to or reduced their stakes in the company. Rothschild Investment LLC bought a new position in shares of Ford Motor in the 2nd quarter valued at about $689,000. Spire Wealth Management boosted its holdings in shares of Ford Motor by 9.0% in the 2nd quarter. Spire Wealth Management now owns 29,951 shares of the auto manufacturer's stock worth $376,000 after purchasing an additional 2,464 shares during the period. Graypoint LLC increased its position in shares of Ford Motor by 7.1% during the 2nd quarter. Graypoint LLC now owns 16,414 shares of the auto manufacturer's stock valued at $206,000 after purchasing an additional 1,089 shares during the last quarter. Confluence Wealth Services Inc. raised its holdings in Ford Motor by 14.5% during the 2nd quarter. Confluence Wealth Services Inc. now owns 15,071 shares of the auto manufacturer's stock valued at $189,000 after buying an additional 1,910 shares during the period. Finally, Picton Mahoney Asset Management bought a new stake in Ford Motor in the second quarter worth $57,000. Hedge funds and other institutional investors own 58.74% of the company's stock.
About Ford Motor
(
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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