Ford Motor (NYSE:F) Stock Price Up 1.3% - What's Next?

Ford Motor (NYSE:F - Get Free Report)'s share price rose 1.3% during mid-day trading on Monday . The stock traded as high as $11.19 and last traded at $11.15. Approximately 8,975,311 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 53,719,410 shares. The stock had previously closed at $11.01.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on F shares. Royal Bank of Canada reiterated a "sector perform" rating and set a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Barclays lowered their price objective on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating on the stock in a research report on Tuesday, October 29th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of Ford Motor from $11.00 to $10.00 and set a "hold" rating on the stock in a research report on Wednesday, October 30th. Wolfe Research assumed coverage on shares of Ford Motor in a report on Thursday, September 5th. They set a "peer perform" rating on the stock. Finally, Wells Fargo & Company lowered their price target on shares of Ford Motor from $10.00 to $9.00 and set an "underweight" rating on the stock in a report on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $12.02.

Ford Motor Stock Performance

The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The firm has a market cap of $44.63 billion, a P/E ratio of 12.67, a PEG ratio of 2.00 and a beta of 1.62. The stock's 50 day moving average is $10.79 and its two-hundred day moving average is $11.50.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion for the quarter, compared to analysts' expectations of $45.13 billion. During the same period in the prior year, the firm earned $0.39 earnings per share. The company's quarterly revenue was up 5.5% compared to the same quarter last year. As a group, equities analysts predict that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.34%. Ford Motor's payout ratio is 68.18%.

Hedge Funds Weigh In On Ford Motor

Large investors have recently modified their holdings of the stock. Olistico Wealth LLC acquired a new position in Ford Motor in the second quarter valued at approximately $25,000. Family Firm Inc. acquired a new stake in Ford Motor in the second quarter worth $26,000. Quarry LP acquired a new stake in Ford Motor in the second quarter worth $27,000. Ridgewood Investments LLC acquired a new stake in Ford Motor in the second quarter worth $28,000. Finally, Kimelman & Baird LLC acquired a new stake in Ford Motor in the second quarter worth $30,000. 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.

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