Ford Motor (NYSE:F) Trading Up 0.1% – Time to Buy?

Ford Motor (NYSE:F) was up 0.1% during mid-day trading on Thursday . The stock traded as high as $11.12 and last traded at $11.04. Approximately 8,443,946 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 53,251,246 shares. The stock had previously closed at $11.03.

Wall Street Analyst Weigh In

F has been the topic of a number of analyst reports. Royal Bank of Canada cut their target price on Ford Motor from $13.00 to $10.00 and set a “sector perform” rating on the stock in a research note on Monday, August 12th. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research report on Friday, August 2nd. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $12.00 to $13.00 in a research report on Tuesday, October 1st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $11.00 price target on shares of Ford Motor in a report on Tuesday, September 10th. Finally, Wells Fargo & Company decreased their price objective on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a report on Tuesday, September 10th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $12.56.

Ford Motor Trading Up 0.3 %

The company has a market capitalization of $44.31 billion, a PE ratio of 11.44, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.17 and a quick ratio of 1.00. The company’s fifty day moving average is $10.75 and its 200-day moving average is $11.78.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The company had revenue of $47.81 billion during the quarter, compared to analysts’ expectations of $47.79 billion. Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company’s revenue was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.72 earnings per share. On average, analysts anticipate that Ford Motor will post 1.88 EPS for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 3rd. Shareholders of record on Wednesday, August 7th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.41%. The ex-dividend date of this dividend was Wednesday, August 7th. Ford Motor’s payout ratio is 61.86%.

Hedge Funds Weigh In On Ford Motor

Institutional investors and hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC raised its position in shares of Ford Motor by 10.3% in the 1st quarter. GAMMA Investing LLC now owns 13,227 shares of the auto manufacturer’s stock valued at $176,000 after purchasing an additional 1,240 shares during the last quarter. First Hawaiian Bank acquired a new stake in shares of Ford Motor during the first quarter worth $671,000. Mather Group LLC. purchased a new stake in shares of Ford Motor during the first quarter valued at $75,000. Banque Cantonale Vaudoise increased its position in shares of Ford Motor by 358.7% in the 1st quarter. Banque Cantonale Vaudoise now owns 82,601 shares of the auto manufacturer’s stock valued at $1,097,000 after acquiring an additional 64,593 shares during the period. Finally, Wedmont Private Capital raised its stake in Ford Motor by 33.1% in the 1st quarter. Wedmont Private Capital now owns 17,124 shares of the auto manufacturer’s stock worth $232,000 after acquiring an additional 4,255 shares during the last quarter. 58.74% of the stock is owned by hedge funds and other institutional investors.

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.