Ford Motor (NYSE:F - Get Free Report)'s stock price was up 0.6% during mid-day trading on Tuesday . The stock traded as high as $11.00 and last traded at $10.99. Approximately 12,885,818 shares changed hands during trading, a decline of 76% from the average daily volume of 53,297,727 shares. The stock had previously closed at $10.92.
Analyst Ratings Changes
A number of equities research analysts have weighed in on the stock. Morgan Stanley downgraded shares of Ford Motor from an "overweight" rating to an "equal weight" rating and decreased their price target for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Wolfe Research started coverage on shares of Ford Motor in a research note on Thursday, September 5th. They set a "peer perform" rating for the company. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a $11.00 price objective on shares of Ford Motor in a research note on Tuesday, September 10th. Wells Fargo & Company cut their target price on 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, Evercore ISI upgraded Ford Motor to a "hold" rating in a research note on Friday, July 26th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the company. According to MarketBeat, Ford Motor has a consensus rating of "Hold" and an average price target of $12.56.
View Our Latest Research Report on F
Ford Motor Trading Down 0.7 %
The firm has a market capitalization of $43.28 billion, a price-to-earnings ratio of 11.18, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62. The business's fifty day moving average is $10.68 and its 200 day moving average is $11.81. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30.
Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.68 by ($0.21). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The firm had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. During the same period in the prior year, the business posted $0.72 EPS. The firm's quarterly revenue was up 6.3% compared to the same quarter last year. Equities analysts predict that Ford Motor will post 1.88 earnings per share for the current year.
Ford Motor Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 3rd. Investors of record on Wednesday, August 7th were paid a $0.15 dividend. The ex-dividend date was Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.54%. Ford Motor's dividend payout ratio is presently 61.86%.
Institutional Investors Weigh In On Ford Motor
Several hedge funds have recently bought and sold shares of F. Olistico Wealth LLC bought a new stake in shares of Ford Motor during the 2nd quarter worth about $25,000. Family Firm Inc. acquired a new stake in shares of Ford Motor during the second quarter worth $26,000. Financial Synergies Wealth Advisors Inc. boosted its position in shares of Ford Motor by 1,997.9% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer's stock valued at $27,000 after acquiring an additional 1,938 shares during the period. Quarry LP acquired a new position in shares of Ford Motor in the second quarter valued at about $27,000. Finally, Ridgewood Investments LLC bought a new position in Ford Motor during the second quarter worth about $28,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.
Ford Motor Company Profile
(
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.
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