Ford Motor (NYSE:F - Get Free Report)'s share price shot up 1.6% during mid-day trading on Monday . The company traded as high as $9.93 and last traded at $9.89. 28,597,085 shares changed hands during mid-day trading, a decline of 68% from the average session volume of 90,698,578 shares. The stock had previously closed at $9.73.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on F. JPMorgan Chase & Co. lowered their target price on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company in a research note on Friday, February 7th. BNP Paribas upgraded shares of Ford Motor to a "hold" rating in a research note on Monday, February 10th. Evercore ISI lowered their target price on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating for the company in a research note on Monday, February 10th. Barclays cut shares of Ford Motor from an "overweight" rating to an "equal weight" rating and lowered their target price for the stock from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Finally, Jefferies Financial Group cut shares of Ford Motor from a "hold" rating to an "underperform" rating and lowered their target price for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $11.50.
Check Out Our Latest Analysis on F
Ford Motor Stock Performance
The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The firm's 50 day moving average is $9.73 and its 200-day moving average is $10.30. The stock has a market capitalization of $39.81 billion, a price-to-earnings ratio of 6.88, a PEG ratio of 0.61 and a beta of 1.59.
Ford Motor (NYSE:F - Get Free Report) last posted its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Analysts forecast that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.97%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor's payout ratio is presently 41.10%.
Institutional Investors Weigh In On Ford Motor
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Albion Financial Group UT increased its stake in shares of Ford Motor by 38.5% during the fourth quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer's stock worth $36,000 after buying an additional 1,000 shares during the period. Brighton Jones LLC increased its stake in shares of Ford Motor by 5.4% during the fourth quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer's stock worth $195,000 after buying an additional 1,001 shares during the period. Angeles Wealth Management LLC increased its stake in shares of Ford Motor by 1.3% during the fourth quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer's stock worth $799,000 after buying an additional 1,024 shares during the period. Atlas Brown Inc. increased its stake in shares of Ford Motor by 1.7% during the fourth quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer's stock worth $627,000 after buying an additional 1,047 shares during the period. Finally, Cornerstone Wealth Group LLC increased its stake in shares of Ford Motor by 10.6% during the fourth quarter. Cornerstone Wealth Group LLC now owns 11,429 shares of the auto manufacturer's stock worth $113,000 after buying an additional 1,098 shares during the period. 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.
Featured Stories
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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
