Ford Motor (NYSE:F) Trading Up 0.1% - What's Next?

Ford Motor (NYSE:F - Get Free Report)'s stock price traded up 0.1% during mid-day trading on Tuesday . The stock traded as high as $10.04 and last traded at $9.93. 24,575,458 shares were traded during mid-day trading, a decline of 59% from the average session volume of 60,336,747 shares. The stock had previously closed at $9.92.

Wall Street Analyst Weigh In

A number of research firms have recently commented on F. Jefferies Financial Group cut shares of Ford Motor from a "hold" rating to an "underperform" rating and reduced their target price for the stock from $12.00 to $9.00 in a research report on Monday, December 16th. Royal Bank of Canada cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating on the stock in a report on Thursday, February 6th. Piper Sandler lowered their target price on Ford Motor from $13.00 to $9.00 and set a "neutral" rating for the company in a research note on Thursday. Wells Fargo & Company cut their price target on Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a research note on Thursday, February 6th. Finally, Barclays lowered Ford Motor from an "overweight" rating to an "equal weight" rating and lowered their price objective for the company from $13.00 to $11.00 in a research note on Wednesday, January 22nd. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $11.50.

Remove Ads

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 stock has a market capitalization of $39.81 billion, a P/E ratio of 6.88, a P/E/G ratio of 0.61 and a beta of 1.59. The stock has a 50 day moving average of $9.73 and a 200 day moving average of $10.31.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 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%. Equities analysts predict that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.97%. Ford Motor's dividend payout ratio (DPR) is 41.10%.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors have recently added to or reduced their stakes in the company. Chancellor Financial Group WB LP bought a new position in shares of Ford Motor during the 4th quarter valued at about $182,000. Tableaux LLC purchased a new position in Ford Motor in the 4th quarter worth about $148,000. Northstar Financial Companies Inc. acquired a new stake in Ford Motor during the 4th quarter worth about $154,000. Wood Tarver Financial Group LLC purchased a new stake in Ford Motor during the fourth quarter valued at about $31,000. Finally, Probity Advisors Inc. boosted its holdings in shares of Ford Motor by 18.6% in the fourth quarter. Probity Advisors Inc. now owns 33,055 shares of the auto manufacturer's stock worth $327,000 after buying an additional 5,193 shares during the period. 58.74% of the stock is currently owned by institutional investors and hedge funds.

Ford Motor Company Profile

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.