Ford Motor (NYSE:F) Trading Up 2.1% – Time to Buy?

Ford Motor (NYSE:F) was up 2.1% on Monday . The company traded as high as $11.43 and last traded at $11.41. Approximately 13,162,092 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 53,900,219 shares. The stock had previously closed at $11.18.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on F shares. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $12.00 to $13.00 in a research note on Tuesday, October 1st. Barclays lowered their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 29th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a research report on Tuesday, October 29th. Finally, Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a research report on Thursday, November 7th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $12.02.

Ford Motor Price Performance

The firm has a fifty day moving average of $10.85 and a two-hundred day moving average of $11.44. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34. The company has a market capitalization of $44.13 billion, a PE ratio of 12.62, a PEG ratio of 2.08 and a beta of 1.62.

Ford Motor (NYSE:F) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.02. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same quarter last year, the business earned $0.39 earnings per share. The business’s revenue was up 5.5% on a year-over-year basis. Research analysts anticipate that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.40%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is 68.18%.

Institutional Investors Weigh In On Ford Motor

Several institutional investors and hedge funds have recently bought and sold shares of F. Franklin Resources Inc. raised its holdings in Ford Motor by 29.8% in the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock worth $15,998,000 after purchasing an additional 336,720 shares in the last quarter. Tidal Investments LLC raised its stake in Ford Motor by 79.4% in the third quarter. Tidal Investments LLC now owns 302,940 shares of the auto manufacturer’s stock worth $3,199,000 after buying an additional 134,042 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Ford Motor in the third quarter worth about $192,000. World Investment Advisors LLC lifted its holdings in Ford Motor by 31.8% in the third quarter. World Investment Advisors LLC now owns 33,168 shares of the auto manufacturer’s stock worth $350,000 after buying an additional 8,000 shares during the period. Finally, Sculati Wealth Management LLC lifted its stake in shares of Ford Motor by 4.7% in the 3rd quarter. Sculati Wealth Management LLC now owns 37,774 shares of the auto manufacturer’s stock valued at $399,000 after purchasing an additional 1,709 shares during the period. Hedge funds and other institutional investors own 58.74% of the company’s stock.

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.