Ford Motor (NYSE:F) Trading Up 1.2% – Time to Buy?

Ford Motor (NYSE:F) traded up 1.2% during trading on Friday . The stock traded as high as $10.17 and last traded at $10.14. 15,234,083 shares were traded during trading, a decline of 74% from the average session volume of 58,462,984 shares. The stock had previously closed at $10.01.

Analyst Ratings Changes

F has been the subject of several recent analyst reports. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and raised their target price for the company from $12.00 to $13.00 in a research note on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft reduced their target price 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. Barclays lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a report on Tuesday, October 29th. Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and decreased their price objective for the company from $12.00 to $9.00 in a research report on Monday, December 16th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $10.00 price target on shares of Ford Motor in a research note on Tuesday, October 29th. Four analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, Ford Motor currently has a consensus rating of “Hold” and a consensus price target of $11.83.

Ford Motor Trading Up 1.1 %

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 firm has a market cap of $40.24 billion, a price-to-earnings ratio of 11.51, a PEG ratio of 1.86 and a beta of 1.64. The company has a fifty day moving average price of $10.42 and a 200-day moving average price of $10.96.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The company had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. Ford Motor’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.39 earnings per share. As a group, research analysts expect that Ford Motor will post 1.77 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Institutional Investors Weigh In On Ford Motor

A number of institutional investors have recently modified their holdings of the business. Quarry LP purchased a new stake in Ford Motor in the 2nd quarter worth $27,000. Kimelman & Baird LLC purchased a new stake in shares of Ford Motor during the second quarter worth about $30,000. Reston Wealth Management LLC purchased a new position in Ford Motor in the 3rd quarter valued at about $33,000. Access Investment Management LLC acquired a new stake in Ford Motor in the 3rd quarter worth about $34,000. Finally, Modus Advisors LLC purchased a new stake in Ford Motor during the 4th quarter worth approximately $34,000. 58.74% of the stock is currently owned by institutional investors and hedge funds.

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.