Ford Motor (NYSE:F - Get Free Report)'s share price 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.
Analyst Ratings Changes
F has been the topic of several recent research reports. Wells Fargo & Company dropped their target price on Ford Motor from $10.00 to $9.00 and set an "underweight" rating on the stock in a research report on Tuesday, September 10th. Jefferies Financial Group lowered shares of Ford Motor from a "hold" rating to an "underperform" rating and reduced their price target for the stock from $12.00 to $9.00 in a research report on Monday. Royal Bank of Canada reaffirmed a "sector perform" rating and set a $10.00 price objective on shares of Ford Motor in a research note on Tuesday, October 29th. The Goldman Sachs Group raised shares of Ford Motor from a "neutral" rating to a "buy" rating and lifted their price target for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Finally, Morgan Stanley cut 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 report on Wednesday, September 25th. Four analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, Ford Motor has a consensus rating of "Hold" and an average target price of $11.83.
View Our Latest Analysis on F
Ford Motor Stock Performance
The company has a market capitalization of $39.68 billion, a P/E ratio of 11.48, a price-to-earnings-growth ratio of 1.90 and a beta of 1.62. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The firm has a 50 day moving average price of $10.85 and a two-hundred day moving average price of $11.31.
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 analysts' consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion during the quarter, compared to analysts' expectations of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Ford Motor's revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.39 EPS. On average, research analysts expect that Ford Motor will post 1.81 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were given a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.01%. Ford Motor's payout ratio is presently 68.18%.
Institutional Investors Weigh In On Ford Motor
Hedge funds have recently modified their holdings of the company. Blue Trust Inc. increased its holdings in shares of Ford Motor by 26.8% during the second quarter. Blue Trust Inc. now owns 15,758 shares of the auto manufacturer's stock valued at $209,000 after acquiring an additional 3,335 shares in the last quarter. First Horizon Advisors Inc. grew its stake in Ford Motor by 73.3% in the 2nd quarter. First Horizon Advisors Inc. now owns 16,638 shares of the auto manufacturer's stock valued at $209,000 after buying an additional 7,038 shares in the last quarter. Dakota Wealth Management lifted its holdings in Ford Motor by 18.2% during the 2nd quarter. Dakota Wealth Management now owns 25,573 shares of the auto manufacturer's stock worth $321,000 after purchasing an additional 3,943 shares in the last quarter. Pallas Capital Advisors LLC boosted its position in shares of Ford Motor by 2.9% in the second quarter. Pallas Capital Advisors LLC now owns 29,850 shares of the auto manufacturer's stock valued at $374,000 after acquiring an additional 846 shares during the period. Finally, SeaCrest Wealth Management LLC boosted its holdings in Ford Motor by 4.5% in the 2nd quarter. SeaCrest Wealth Management LLC now owns 63,036 shares of the auto manufacturer's stock valued at $790,000 after purchasing an additional 2,719 shares during the period. Institutional investors and hedge funds own 58.74% of the company's stock.
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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