Ford Motor (NYSE:F) Shares Down 2.1% – Should You Sell?

Ford Motor Company (NYSE:F)’s share price fell 2.1% during mid-day trading on Wednesday. The company traded as low as $11.96 and last traded at $12.0460. 50,147,375 shares traded hands during trading, a decline of 13% from the average session volume of 57,519,277 shares. The stock had previously closed at $12.30.

Key Stories Impacting Ford Motor

Here are the key news stories impacting Ford Motor this week:

• Positive Sentiment: Ford CEO Jim Farley said the supplier problem that recently disrupted F-150 production has been resolved, which should allow truck output to recover. However, the disruption still reduced third-quarter wholesale deliveries. Ford F-150 supplier disruption to impact third-quarter sales
• Neutral Sentiment: Farley urged U.S. policymakers to carefully consider Chinese automakers’ potential entry into the American market, citing Europe as a warning. The comments highlight competitive risks but do not represent an immediate change to Ford’s operations. Ford CEO urges caution on Chinese automakers
• Negative Sentiment: Cox Automotive projects Ford sales will decline 8.8% through the first three quarters, reinforcing concerns about demand and near-term revenue growth. Ford’s sales hit alarming drop
• Negative Sentiment: The F-150 supplier disruption is expected to weigh on third-quarter results despite production recovery, particularly because the pickup is a key contributor to Ford’s profitability. Ford F-150 sales to drop this quarter over supplier issue
• Negative Sentiment: Ford faces a potential shortage of skilled trade workers, raising longer-term risks for manufacturing capacity, production costs and execution. Ford labor shortage and manufacturing
• Negative Sentiment: Political scrutiny over Chinese battery technology at Ford’s Michigan plant adds uncertainty to its electric-vehicle supply chain and domestic battery strategy. Ford Michigan battery lead and EV supply chain
• Negative Sentiment: Ford recalled 11,405 Ranger pickups because a display defect could disable the rearview-camera image, creating safety, warranty and reputational costs. Ford Ranger recall

Analysts Set New Price Targets

F has been the subject of several analyst reports. Barclays raised their target price on shares of Ford Motor from $13.00 to $14.00 and gave the company an “equal weight” rating in a research note on Thursday, July 9th. UBS Group upped their price target on shares of Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. The Goldman Sachs Group increased their price target on shares of Ford Motor from $13.00 to $16.00 and gave the company a “neutral” rating in a research note on Thursday, June 11th. TD Cowen lifted their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 29th. Eight equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $15.68.

Ford Motor Price Performance

The company’s 50-day moving average price is $13.93 and its two-hundred day moving average price is $13.53. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93. The company has a market capitalization of $48.03 billion, a P/E ratio of -6.44, a price-to-earnings-growth ratio of 0.26 and a beta of 1.83.

Ford Motor (NYSE:F) last announced its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, topping the consensus estimate of $0.33 by $0.09. The business had revenue of $48.30 billion during the quarter, compared to the consensus estimate of $47.24 billion. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. Ford Motor’s revenue was down 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.37 EPS. As a group, sell-side analysts expect that Ford Motor Company will post 1.86 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were given a $0.15 dividend. The ex-dividend date of this dividend was Tuesday, August 11th. This represents a $0.60 annualized dividend and a dividend yield of 5.0%. Ford Motor’s dividend payout ratio is presently -32.09%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. MV Capital Management Inc. acquired a new stake in shares of Ford Motor during the fourth quarter worth $25,000. Legacy Wealth Managment LLC ID increased its position in Ford Motor by 108.4% during the first quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after acquiring an additional 1,230 shares during the period. Caldwell Trust Co increased its position in Ford Motor by 605.8% during the first quarter. Caldwell Trust Co now owns 2,534 shares of the auto manufacturer’s stock worth $29,000 after acquiring an additional 2,175 shares during the period. SJS Investment Consulting Inc. raised its stake in Ford Motor by 343.3% in the 1st quarter. SJS Investment Consulting Inc. now owns 2,633 shares of the auto manufacturer’s stock worth $30,000 after purchasing an additional 2,039 shares in the last quarter. Finally, Manning & Napier Advisors LLC bought a new stake in Ford Motor in the 2nd quarter valued at about $31,000. 58.74% of the stock is owned by institutional investors and hedge funds.

Ford Motor Company Profile

Ford Motor Co is an American automobile manufacturer that designs, manufactures, markets and services a broad range of vehicles and mobility-related products. Its lineup includes cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles sold under the Ford brand, as well as luxury vehicles marketed through its Lincoln brand.

Founded by Henry Ford in 1903 and headquartered in Dearborn, Michigan, Ford is one of the world’s oldest major automakers. The company helped popularize mass automobile production and continues to serve customers in North America, South America, Europe and other international markets through manufacturing, sales and distribution operations.

Ford organizes its operations around Ford Blue for gasoline and hybrid vehicles, Model e for electric vehicles, and Ford Pro for commercial customers and related services.