Ford Motor (NYSE:F - Get Free Report)'s stock price was up 0.1% during trading on Tuesday . The company traded as high as $9.82 and last traded at $9.72. Approximately 12,044,974 shares changed hands during trading, a decline of 80% from the average daily volume of 60,062,074 shares. The stock had previously closed at $9.71.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on the company. Jefferies Financial Group lowered 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 report on Monday, December 16th. Royal Bank of Canada reissued a "sector perform" rating and set a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Wolfe Research restated an "underperform" rating on shares of Ford Motor in a research report on Thursday, December 5th. 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 report on Wednesday, October 30th. Finally, Morgan Stanley lowered shares of Ford Motor from an "overweight" rating to an "equal weight" rating and dropped their target price for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Four investment analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, Ford Motor currently has an average rating of "Hold" and an average price target of $11.83.
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Ford Motor Price 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 stock has a market capitalization of $38.87 billion, a price-to-earnings ratio of 11.11, a PEG ratio of 1.89 and a beta of 1.64. The business's fifty day moving average price is $10.44 and its 200-day moving average price is $10.97.
Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings data 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. 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 the consensus estimate of $45.13 billion. During the same period in the previous year, the firm earned $0.39 EPS. The business's revenue for the quarter was up 5.5% compared to the same quarter last year. On average, research analysts forecast that Ford Motor will post 1.81 EPS for the current year.
Ford Motor Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.13%. Ford Motor's dividend payout ratio (DPR) is presently 68.18%.
Hedge Funds Weigh In On Ford Motor
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Franklin Resources Inc. increased its position in shares of Ford Motor by 29.8% during the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock valued at $15,998,000 after buying an additional 336,720 shares during the period. Principal Financial Group Inc. boosted its holdings in Ford Motor by 3.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock valued at $46,408,000 after purchasing an additional 160,409 shares during the period. Worldquant Millennium Advisors LLC purchased a new position in shares of Ford Motor during the 3rd quarter valued at $55,456,000. ING Groep NV increased its holdings in shares of Ford Motor by 93.4% in the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer's stock worth $12,473,000 after purchasing an additional 570,293 shares during the period. Finally, OneAscent Financial Services LLC purchased a new stake in shares of Ford Motor in the third quarter worth $545,000. Institutional investors own 58.74% of the company's stock.
Ford Motor Company Profile
(
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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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