Ford Motor (NYSE:F - Get Free Report)'s stock price traded up 0.5% during mid-day trading on Thursday . The company traded as high as $11.23 and last traded at $11.16. 10,804,407 shares were traded during mid-day trading, a decline of 80% from the average session volume of 53,683,266 shares. The stock had previously closed at $11.10.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the stock. The Goldman Sachs Group upgraded shares of Ford Motor from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. StockNews.com upgraded Ford Motor from a "sell" rating to a "hold" rating in a research note on Friday, August 2nd. Evercore ISI upgraded Ford Motor to a "hold" rating in a research note on Friday, July 26th. Wells Fargo & Company reduced their price objective on shares of Ford Motor from $10.00 to $9.00 and set an "underweight" rating for the company in a research report on Tuesday, September 10th. Finally, Barclays dropped 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. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $12.02.
Read Our Latest Report on Ford Motor
Ford Motor Price Performance
The firm has a market cap of $44.11 billion, a price-to-earnings ratio of 12.68, a P/E/G ratio of 2.01 and a beta of 1.62. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The business's 50-day simple moving average is $10.77 and its two-hundred day simple moving average is $11.52.
Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion for 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%. The company's revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.39 EPS. As a group, research analysts expect that Ford Motor will post 1.82 EPS for the current fiscal year.
Ford Motor Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.41%. The ex-dividend date is Thursday, November 7th. Ford Motor's payout ratio is 68.18%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Olistico Wealth LLC bought a new position in Ford Motor in the 2nd quarter valued at $25,000. Family Firm Inc. bought a new position in shares of Ford Motor in the second quarter worth approximately $26,000. Quarry LP purchased a new position in shares of Ford Motor in the second quarter valued at about $27,000. Ridgewood Investments LLC bought a new position in Ford Motor during the 2nd quarter valued at approximately $28,000. Finally, Kimelman & Baird LLC bought a new position in shares of Ford Motor during the second quarter valued at approximately $30,000. 58.74% of the stock is currently 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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
