Ford Motor (NYSE:F) Trading 0.4% Higher – Here’s Why

Ford Motor (NYSE:F)’s share price traded up 0.4% during mid-day trading on Tuesday . The stock traded as high as $10.01 and last traded at $9.96. 13,413,744 shares were traded during trading, a decline of 75% from the average session volume of 54,254,859 shares. The stock had previously closed at $9.92.

Analyst Upgrades and Downgrades

F has been the topic of a number of research reports. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and upped their target price for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft decreased their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Barclays decreased their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. Finally, Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a report on Thursday, November 7th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $11.83.

Ford Motor Trading Down 0.3 %

The business’s 50 day simple moving average is $10.49 and its 200 day simple moving average is $11.05. The stock has a market cap of $38.67 billion, a price-to-earnings ratio of 11.06, a PEG ratio of 1.89 and a beta of 1.62. The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last posted its earnings results 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 return on equity of 16.16% and a net margin of 1.93%. The business had revenue of $46.20 billion for the quarter, compared to analyst estimates of $45.13 billion. During the same period in the previous year, the firm earned $0.39 EPS. The firm’s revenue was up 5.5% compared to the same quarter last year. On average, research analysts expect that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.17%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Quarry LP acquired a new stake in shares of Ford Motor in the 2nd quarter valued at approximately $27,000. Kimelman & Baird LLC bought a new stake in shares of Ford Motor during the second quarter worth $30,000. Reston Wealth Management LLC acquired a new position in shares of Ford Motor during the third quarter worth $33,000. Access Investment Management LLC acquired a new position in shares of Ford Motor during the third quarter worth $34,000. Finally, Modus Advisors LLC acquired a new stake in shares of Ford Motor during the 4th quarter valued at $34,000. 58.74% of the stock is owned by 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.