Ford Motor (NYSE:F – Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 99,650,000 shares, a growth of 7.3% from the September 30th total of 92,910,000 shares. Based on an average daily volume of 56,380,000 shares, the short-interest ratio is presently 1.8 days. Approximately 2.6% of the company’s stock are short sold.
Ford Motor Stock Down 0.4 %
Shares of Ford Motor stock traded down $0.04 on Friday, hitting $10.25. 23,917,230 shares of the company’s stock traded hands, compared to its average volume of 53,642,609. The stock has a market cap of $40.75 billion, a P/E ratio of 11.80, a PEG ratio of 1.90 and a beta of 1.62. The company has a quick ratio of 1.00, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The firm’s 50-day moving average is $10.82 and its 200 day moving average is $11.63. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85.
Ford Motor (NYSE:F – Get Free Report) last announced its quarterly earnings data 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 return on equity of 16.16% and a net margin of 1.93%. The firm had revenue of $46.20 billion for the quarter, compared to analysts’ expectations of $45.13 billion. During the same period last year, the business posted $0.39 earnings per share. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. Equities analysts anticipate that Ford Motor will post 1.82 earnings per share for the current year.
Ford Motor Dividend Announcement
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of F. Olistico Wealth LLC purchased a new position in Ford Motor in the 2nd quarter worth about $25,000. Family Firm Inc. bought a new stake in shares of Ford Motor during the second quarter valued at approximately $26,000. Quarry LP acquired a new stake in Ford Motor in the 2nd quarter valued at $27,000. Ridgewood Investments LLC acquired a new stake in Ford Motor in the 2nd quarter valued at $28,000. Finally, Kimelman & Baird LLC acquired a new stake in Ford Motor in the 2nd quarter valued at $30,000. 58.74% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages have recently commented on F. Wolfe Research began coverage on shares of Ford Motor in a report on Thursday, September 5th. They issued a “peer perform” rating on the stock. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 target price on shares of Ford Motor in a report on Tuesday. Deutsche Bank Aktiengesellschaft cut their target price on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a report on Wednesday. StockNews.com raised shares of Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Finally, Wells Fargo & Company dropped their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research note on Tuesday, September 10th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $12.41.
Check Out Our Latest Report on F
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.
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