Ford Motor (NYSE:F) Stock Price Up 1.2% - Should You Buy?

Ford Motor (NYSE:F - Get Free Report) shares traded up 1.2% on Friday . The stock traded as high as $10.17 and last traded at $10.14. 15,234,083 shares traded hands during mid-day trading, a decline of 74% from the average session volume of 58,462,984 shares. The stock had previously closed at $10.01.

Analysts Set New Price Targets

A number of equities analysts have recently commented on F shares. Jefferies Financial Group cut Ford Motor from a "hold" rating to an "underperform" rating and dropped their target price for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Barclays dropped their price objective on shares of Ford Motor from $14.00 to $13.00 and set an "overweight" rating for the company 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 increased their target price for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Royal Bank of Canada reiterated a "sector perform" rating and set a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Ford Motor from $11.00 to $10.00 and set a "hold" rating for the company in a research note on Wednesday, October 30th. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $11.83.

Ford Motor Stock Up 1.6 %

The firm has a market cap of $40.43 billion, a P/E ratio of 11.56, a P/E/G ratio of 1.86 and a beta of 1.64. 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 has a 50-day moving average price of $10.40 and a 200-day moving average price of $10.96.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. The company had revenue of $46.20 billion for the quarter, compared to analysts' expectations of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm's quarterly revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.39 EPS. On average, equities analysts forecast that Ford Motor will post 1.77 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were paid a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 5.90%. Ford Motor's dividend payout ratio (DPR) is presently 68.18%.

Hedge Funds Weigh In On Ford Motor

Several institutional investors and hedge funds have recently bought and sold shares of the company. Quarry LP acquired a new stake in shares of Ford Motor in the 2nd quarter worth $27,000. Kimelman & Baird LLC purchased a new stake in Ford Motor in the second quarter valued at about $30,000. Reston Wealth Management LLC acquired a new stake in Ford Motor in the third quarter worth about $33,000. Access Investment Management LLC purchased a new stake in shares of Ford Motor during the third quarter worth about $34,000. Finally, Modus Advisors LLC acquired a new position in shares of Ford Motor during the fourth quarter valued at about $34,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

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.