Ford Motor (NYSE:F) Stock Price Down 0.4% - Here's What Happened

Ford Motor (NYSE:F - Get Free Report) shares were down 0.4% on Friday . The stock traded as low as $11.16 and last traded at $11.20. Approximately 7,219,542 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 52,856,367 shares. The stock had previously closed at $11.24.

Analyst Upgrades and Downgrades

Several research firms have issued reports on F. Morgan Stanley downgraded shares of Ford Motor from an "overweight" rating to an "equal weight" rating and decreased their price objective for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Royal Bank of Canada lowered their price target on Ford Motor from $13.00 to $10.00 and set a "sector perform" rating for the company in a report on Monday, August 12th. StockNews.com upgraded Ford Motor from a "sell" rating to a "hold" rating in a research note on Friday, August 2nd. Wells Fargo & Company lowered their target price on Ford Motor from $10.00 to $9.00 and set an "underweight" rating for the company in a research note on Tuesday, September 10th. Finally, The Goldman Sachs Group upgraded Ford Motor from a "neutral" rating to a "buy" rating and upped their price target for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Two investment 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.com, the stock has an average rating of "Hold" and an average price target of $12.56.

Ford Motor Price Performance

The business has a 50-day simple moving average of $10.82 and a two-hundred day simple moving average of $11.72. 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 capitalization of $44.20 billion, a price-to-earnings ratio of 11.44, a P/E/G ratio of 0.77 and a beta of 1.62.

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, research analysts predict that Ford Motor will post 1.88 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

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

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.