Ford Motor (NYSE:F) Trading Up 1.5% - Still a Buy?

Ford Motor (NYSE:F - Get Free Report) rose 1.5% during mid-day trading on Tuesday . The stock traded as high as $11.12 and last traded at $11.04. Approximately 14,951,107 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 53,016,324 shares. The stock had previously closed at $10.88.

Analysts Set New Price Targets

F has been the subject of several recent analyst reports. Wolfe Research initiated coverage on shares of Ford Motor in a research note on Thursday, September 5th. They issued a "peer perform" rating for the company. Barclays reduced their target price on shares of Ford Motor from $16.00 to $14.00 and set an "overweight" rating for the company in a research note on Tuesday, October 15th. Morgan Stanley lowered shares of Ford Motor from an "overweight" rating to an "equal weight" rating and reduced their target price for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $11.00 price target on shares of Ford Motor in a research report on Tuesday, September 10th. Finally, The Goldman Sachs Group upgraded shares of Ford Motor from a "neutral" rating to a "buy" rating and increased their price target for the company from $12.00 to $13.00 in a research report on Tuesday, October 1st. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $12.56.

Ford Motor Price Performance

The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 2.30. The stock has a market cap of $44.35 billion, a P/E ratio of 11.45, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62. The business's 50-day simple moving average is $10.79 and its two-hundred day simple moving average is $11.73.

Ford Motor (NYSE:F - Get Free Report) last issued its earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing analysts' consensus estimates of $0.68 by ($0.21). Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The business had revenue of $47.81 billion for the quarter, compared to the consensus estimate of $47.79 billion. During the same quarter in the prior year, the business earned $0.72 EPS. Ford Motor's revenue for the quarter was up 6.3% compared to the same quarter last year. Sell-side analysts expect that Ford Motor will post 1.88 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.40%. The ex-dividend date was Wednesday, August 7th. Ford Motor's payout ratio is 61.86%.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors and hedge funds have recently modified their holdings of the company. Olistico Wealth LLC purchased a new stake in Ford Motor in the second quarter valued at approximately $25,000. Family Firm Inc. purchased a new stake in Ford Motor in the second quarter valued at approximately $26,000. Quarry LP purchased a new stake in Ford Motor in the second quarter valued at approximately $27,000. Ridgewood Investments LLC purchased a new stake in Ford Motor in the second quarter valued at approximately $28,000. Finally, Kimelman & Baird LLC purchased a new stake in Ford Motor in the second quarter valued at approximately $30,000. 58.74% of the stock is owned by hedge funds and other institutional investors.

About Ford Motor

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.