Ford Motor (NYSE:F) Shares Up 0.4% - Should You Buy?

Ford Motor (NYSE:F - Get Free Report) was up 0.4% during trading on Wednesday . The company traded as high as $11.19 and last traded at $11.15. Approximately 9,373,649 shares changed hands during trading, a decline of 82% from the average daily volume of 52,977,176 shares. The stock had previously closed at $11.11.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on F shares. Barclays cut their price target on Ford Motor from $16.00 to $14.00 and set an "overweight" rating for the company in a research note on Tuesday, October 15th. The Goldman Sachs Group upgraded Ford Motor from a "neutral" rating to a "buy" rating and lifted their price target for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Royal Bank of Canada lowered their price objective on Ford Motor from $13.00 to $10.00 and set a "sector perform" rating for the company in a research report on Monday, August 12th. Wells Fargo & Company decreased their price objective on shares of Ford Motor from $10.00 to $9.00 and set an "underweight" rating on the stock in a report on Tuesday, September 10th. Finally, Evercore ISI raised shares of Ford Motor to a "hold" rating in a research note on Friday, July 26th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $12.56.

Ford Motor Stock Performance

The firm has a market capitalization of $44.16 billion, a price-to-earnings ratio of 11.40, a P/E/G ratio of 0.77 and a beta of 1.62. 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 company has a 50-day moving average price of $10.80 and a 200-day moving average price of $11.72.

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

Institutional Trading of Ford Motor

A number of institutional investors have recently added to or reduced their stakes in F. Olistico Wealth LLC bought a new position in Ford Motor during the second quarter worth about $25,000. Family Firm Inc. bought a new stake in Ford Motor in the second quarter valued at approximately $26,000. Quarry LP acquired a new stake in shares of Ford Motor during the second quarter worth about $27,000. Ridgewood Investments LLC bought a new stake in Ford Motor in the 2nd quarter valued at $28,000. Finally, Kimelman & Baird LLC bought a new position in shares of Ford Motor during the 2nd quarter worth approximately $30,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.