Ford Motor (NYSE:F) Stock Price Up 3% – What’s Next?

Ford Motor Company (NYSE:F) traded up 3% during trading on Wednesday. The stock traded as high as $12.86 and last traded at $12.6850. Approximately 50,568,337 shares changed hands during trading, a decline of 9% from the average session volume of 55,743,523 shares. The stock had previously closed at $12.31.

Key Ford Motor News

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

• Positive Sentiment: Higher-priced models are a bright spot despite softer Q3 sales: combined sales of Ford’s Tremor and Platinum trims rose nearly 60% through September, supporting a richer product mix. Ford’s Q3 Sales Slipped. Here’s the Silver Lining: Customers Are Splurging on Fancy Trims.
• Positive Sentiment: Ford’s software and services business recorded quarterly revenue, with active subscriptions up 40% year over year. That growth could provide a recurring-revenue source alongside vehicle sales. Ford’s Next Growth Engine Could Already Be in Your Driveway
• Positive Sentiment: Ford Blue’s stronger nine-month EBIT, truck and SUV lineup, and planned cost savings support its $5.5 billion 2026 EBIT target, though achieving the goal is not assured. Can Ford Blue Achieve Its $5.5 Billion EBIT Target in 2026?
• Neutral Sentiment: Model e’s EV losses narrowed with cost reductions and improved pricing, but margins deteriorated further. The upcoming midsize electric pickup, the Fathom, is an important test of whether the division can improve its economics. Ford’s EV Losses Narrowed. Is the Turnaround Fool’s Gold?
• Negative Sentiment: Demand softness weighs on the outlook: Q3 vehicle sales fell 6.6% year over year and revenue declined 2% to $49.53 billion, missing market expectations. Non-GAAP EPS of $0.49 beat estimates, cushioning the weaker sales picture. F Q3 deep dive: auto adjacencies offset sales volume declines, affordable EV launch in focus

Analysts Set New Price Targets

F has been the subject of a number of recent analyst reports. Weiss Ratings lowered Ford Motor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, October 23rd. Morgan Stanley cut their price objective on Ford Motor from $14.00 to $13.00 and set an “equal weight” rating on the stock in a report on Thursday, October 29th. The Goldman Sachs Group reduced their price objective on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating for the company in a research note on Thursday, October 29th. TD Cowen upped their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research note on Wednesday, July 29th. Finally, Piper Sandler raised their target price on shares of Ford Motor from $16.00 to $17.00 and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Seven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $15.02.

Ford Motor Stock Performance

The firm’s 50 day simple moving average is $12.83 and its 200-day simple moving average is $13.35. The company has a market capitalization of $50.58 billion, a price-to-earnings ratio of -6.44, a P/E/G ratio of 0.24 and a beta of 1.88. The company has a debt-to-equity ratio of 2.97, a quick ratio of 0.94 and a current ratio of 1.08.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, topping the consensus estimate of $0.41 by $0.08. Ford Motor had a positive return on equity of 18.89% and a negative net margin of 4.17%. The business had revenue of $49.53 billion during the quarter, compared to analysts’ expectations of $49.08 billion. During the same quarter last year, the firm posted $0.45 earnings per share. Ford Motor’s revenue was down 2.0% compared to the same quarter last year. Analysts expect that Ford Motor Company will post 1.90 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 10th will be given a dividend of $0.15 per share. The ex-dividend date is Tuesday, November 10th. This represents a $0.60 dividend on an annualized basis and a yield of 4.7%. Ford Motor’s dividend payout ratio (DPR) is presently -30.46%.

Hedge Funds Weigh In On Ford Motor

A number of large investors have recently made changes to their positions in the business. Ninety One UK Ltd purchased a new position in Ford Motor during the third quarter valued at approximately $25,000. Manning & Napier Advisors LLC purchased a new stake in Ford Motor in the 2nd quarter worth approximately $31,000. Legacy Wealth Managment LLC ID lifted its position in Ford Motor by 108.4% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,365 shares of the auto manufacturer’s stock worth $27,000 after buying an additional 1,230 shares in the last quarter. Cedar Mountain Advisors LLC boosted its stake in shares of Ford Motor by 58.1% during the 1st quarter. Cedar Mountain Advisors LLC now owns 2,940 shares of the auto manufacturer’s stock valued at $34,000 after buying an additional 1,080 shares during the period. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Ford Motor during the 3rd quarter valued at $36,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Company Profile

Ford Motor Co is an American automobile manufacturer founded in 1903 by Henry Ford and headquartered in Dearborn, Michigan. The company helped popularize mass automobile production and is known for brands including Ford and Lincoln.

Ford develops, manufactures and sells cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles. Its product portfolio includes the F-Series pickup trucks, Transit commercial vans, Mustang sports cars and a range of utility vehicles. The company also provides vehicle software, connected services, fleet solutions, maintenance and other support services.

Ford operates through Ford Blue, which focuses on gasoline- and hybrid-powered vehicles; Model e, which develops electric vehicles and related technologies; and Ford Pro, which serves commercial and fleet customers.