Ford Motor (NYSE:F) Trading Up 2.3% – Should You Buy?

Ford Motor (NYSE:F) was up 2.3% during trading on Thursday . The stock traded as high as $9.61 and last traded at $9.62. Approximately 27,737,379 shares were traded during trading, a decline of 75% from the average daily volume of 111,501,836 shares. The stock had previously closed at $9.40.

Analyst Ratings Changes

A number of equities analysts recently weighed in on F shares. The Goldman Sachs Group reissued a “neutral” rating and issued a $9.00 price target (down previously from $11.00) on shares of Ford Motor in a research note on Thursday, April 10th. Wells Fargo & Company dropped their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a research report on Thursday, February 6th. Royal Bank of Canada dropped their target price on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. StockNews.com cut shares of Ford Motor from a “hold” rating to a “sell” rating in a report on Thursday, April 10th. Finally, TD Cowen started coverage on Ford Motor in a research report on Friday, March 7th. They issued a “hold” rating and a $10.00 target price on the stock. Five equities research analysts have rated the stock with a sell rating, ten have given a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Ford Motor currently has a consensus rating of “Hold” and an average target price of $10.30.

Ford Motor Stock Up 2.4 %

The firm’s 50-day simple moving average is $9.60 and its 200-day simple moving average is $10.13. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The company has a market capitalization of $38.16 billion, a price-to-earnings ratio of 6.59, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, topping 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%. Sell-side analysts forecast that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 6.23%. The ex-dividend date was Tuesday, February 18th. Ford Motor’s payout ratio is presently 41.10%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Albion Financial Group UT increased its holdings in shares of Ford Motor by 38.5% in the fourth quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer’s stock worth $36,000 after acquiring an additional 1,000 shares in the last quarter. Brighton Jones LLC raised its holdings in Ford Motor by 5.4% in the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer’s stock valued at $195,000 after acquiring an additional 1,001 shares during the period. Angeles Wealth Management LLC boosted its stake in Ford Motor by 1.3% in the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer’s stock valued at $799,000 after purchasing an additional 1,024 shares during the period. Atlas Brown Inc. increased its position in Ford Motor by 1.7% during the fourth quarter. Atlas Brown Inc. now owns 63,323 shares of the auto manufacturer’s stock worth $627,000 after acquiring an additional 1,047 shares during the period. Finally, Partners Wealth Management LLC increased its holdings in shares of Ford Motor by 8.4% during the first quarter. Partners Wealth Management LLC now owns 13,903 shares of the auto manufacturer’s stock worth $139,000 after purchasing an additional 1,082 shares during the period. Institutional investors and hedge funds own 58.74% of the company’s stock.

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.