Ford Motor (NYSE:F) Stock Price Up 0.5% – Should You Buy?

Ford Motor (NYSE:F) rose 0.5% on Thursday . The company traded as high as $11.23 and last traded at $11.16. Approximately 10,804,407 shares changed hands during trading, a decline of 80% from the average daily volume of 53,683,266 shares. The stock had previously closed at $11.10.

Wall Street Analyst Weigh In

F has been the subject of a number of recent research reports. Evercore ISI upgraded Ford Motor to a “hold” rating in a research note on Friday, July 26th. Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Barclays dropped their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $16.00 to $12.00 in a research report on Wednesday, September 25th. Finally, Wells Fargo & Company lowered their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Ford Motor presently has a consensus rating of “Hold” and an average target price of $12.02.

Ford Motor Stock Performance

The stock has a market cap of $44.11 billion, a PE ratio of 12.68, a PEG ratio of 2.01 and a beta of 1.62. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The stock has a fifty day moving average price of $10.77 and a 200 day moving average price of $11.52.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share 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 company had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same period in the prior year, the company posted $0.39 EPS. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. Equities analysts expect that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be paid a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a yield of 5.41%. Ford Motor’s payout ratio is 68.18%.

Hedge Funds Weigh In On Ford Motor

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

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.