Ford Motor (NYSE:F) Shares Up 0.6% – Should You Buy?

Ford Motor (NYSE:F)’s stock price shot up 0.6% during mid-day trading on Tuesday . The company traded as high as $9.40 and last traded at $9.41. 26,289,257 shares traded hands during trading, a decline of 64% from the average session volume of 73,304,016 shares. The stock had previously closed at $9.35.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Wolfe Research reiterated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Wells Fargo & Company dropped their target price on shares of Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Deutsche Bank Aktiengesellschaft dropped their price target 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. Finally, JPMorgan Chase & Co. reduced their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, February 7th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, Ford Motor presently has an average rating of “Hold” and an average price target of $11.89.

Ford Motor Trading Up 0.8 %

The business has a 50 day moving average of $9.80 and a 200 day moving average of $10.43. The firm has a market capitalization of $37.36 billion, a price-to-earnings ratio of 6.46, a PEG ratio of 0.61 and a beta of 1.63. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, research analysts predict that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.37%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s dividend payout ratio is currently 41.10%.

Institutional Investors Weigh In On Ford Motor

A number of hedge funds have recently modified their holdings of F. Hager Investment Management Services LLC bought a new position in Ford Motor in the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor during the fourth quarter worth approximately $29,000. Flagship Wealth Advisors LLC acquired a new stake in Ford Motor during the 4th quarter worth approximately $30,000. Kentucky Trust Co bought a new stake in Ford Motor in the 4th quarter valued at $31,000. Finally, Spurstone Advisory Services LLC acquired a new position in Ford Motor in the 4th quarter valued at $31,000. Institutional investors and hedge funds 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.