Ford Motor (NYSE:F - Get Free Report)'s share price dropped 2.4% on Monday . The stock traded as low as $9.41 and last traded at $9.40. Approximately 18,816,561 shares were traded during trading, a decline of 83% from the average daily volume of 111,722,172 shares. The stock had previously closed at $9.63.
Analyst Ratings Changes
F has been the topic of several research analyst reports. Wells Fargo & Company lowered their price target on Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research report on Thursday, February 6th. Royal Bank of Canada decreased their target price on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a report on Thursday, February 6th. Barclays reduced their price target on shares of Ford Motor from $10.00 to $8.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 15th. StockNews.com lowered shares of Ford Motor from a "hold" rating to a "sell" rating in a research report on Thursday, April 10th. Finally, Bank of America cut their price objective on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Five research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, Ford Motor presently has a consensus rating of "Hold" and a consensus price target of $9.77.
Check Out Our Latest Research Report on F
Ford Motor Stock Performance
The company has a 50 day moving average price of $9.61 and a 200-day moving average price of $10.12. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The company has a market cap of $39.16 billion, a P/E ratio of 6.77, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41.
Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. On average, equities analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.07%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's payout ratio is currently 41.10%.
Hedge Funds Weigh In On Ford Motor
A number of hedge funds have recently bought and sold shares of F. AssuredPartners Investment Advisors LLC raised its stake in Ford Motor by 8.2% in the 1st quarter. AssuredPartners Investment Advisors LLC now owns 45,601 shares of the auto manufacturer's stock valued at $457,000 after acquiring an additional 3,462 shares during the period. Asset Management One Co. Ltd. grew its holdings in Ford Motor by 7.3% in the 1st quarter. Asset Management One Co. Ltd. now owns 1,592,082 shares of the auto manufacturer's stock worth $15,969,000 after acquiring an additional 108,007 shares during the last quarter. First Bancorp Inc ME grew its holdings in Ford Motor by 10.5% in the 1st quarter. First Bancorp Inc ME now owns 21,059 shares of the auto manufacturer's stock worth $211,000 after acquiring an additional 2,000 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Ford Motor by 4.3% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 1,564,674 shares of the auto manufacturer's stock valued at $15,694,000 after purchasing an additional 65,039 shares in the last quarter. Finally, Madison Wealth Partners Inc purchased a new position in Ford Motor during the 1st quarter valued at about $133,000. 58.74% of the stock is owned by hedge funds and other institutional investors.
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.
See Also
Before you consider Ford Motor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ford Motor wasn't on the list.
While Ford Motor currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Enter your email address and below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
