Ford Motor (NYSE:F) Trading 0.2% Higher – Still a Buy?

Ford Motor (NYSE:F) traded up 0.2% during trading on Wednesday . The stock traded as high as $11.26 and last traded at $11.12. 7,630,773 shares traded hands during trading, a decline of 86% from the average session volume of 53,884,555 shares. The stock had previously closed at $11.10.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on F. StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a research note on Friday, August 2nd. Deutsche Bank Aktiengesellschaft reduced their price objective on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Barclays reduced their price objective on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research note on Tuesday, October 29th. Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Finally, Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research note on Thursday, November 7th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $12.02.

Ford Motor Stock Performance

The firm has a market cap of $44.11 billion, a price-to-earnings ratio of 12.61, a price-to-earnings-growth ratio of 2.02 and a beta of 1.62. The stock has a fifty day moving average price of $10.85 and a 200 day moving average price of $11.44. The company has a current ratio of 1.15, a quick ratio of 0.98 and a debt-to-equity ratio of 2.34.

Ford Motor (NYSE:F) last issued its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 EPS 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 company had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. During the same period in the previous year, the company earned $0.39 earnings per share. The company’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, analysts predict that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be paid a $0.15 dividend. The ex-dividend date is Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.41%. Ford Motor’s payout ratio is 68.18%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Olistico Wealth LLC acquired a new position in Ford Motor during the second quarter worth $25,000. Family Firm Inc. acquired a new position in Ford Motor during the second quarter worth $26,000. Quarry LP acquired a new position in Ford Motor during the second quarter worth $27,000. Ridgewood Investments LLC bought a new stake in shares of Ford Motor during the second quarter worth $28,000. Finally, Kimelman & Baird LLC bought a new stake in shares of Ford Motor during the second quarter worth $30,000. 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.