Ford Motor (NYSE:F) Stock Price Up 0.8% – Should You Buy?

Ford Motor (NYSE:F)’s stock price rose 0.8% during trading on Friday . The company traded as high as $11.27 and last traded at $11.19. Approximately 10,224,041 shares traded hands during trading, a decline of 81% from the average daily volume of 53,786,305 shares. The stock had previously closed at $11.10.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on F. Barclays cut their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. The Goldman Sachs Group raised shares of Ford Motor from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $10.00 price target on shares of Ford Motor in a report on Tuesday, October 29th. Morgan Stanley lowered shares of Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price target for the stock from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, Wells Fargo & Company cut their price target on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $12.02.

Ford Motor Trading Up 0.5 %

The company’s 50 day moving average price is $10.85 and its two-hundred day moving average price is $11.44. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98. The stock has a market capitalization of $44.35 billion, a PE ratio of 12.72, a P/E/G ratio of 2.02 and a beta of 1.62.

Ford Motor (NYSE:F) last issued its 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 net margin of 1.93% and a return on equity of 16.16%. The company had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. During the same period in the previous year, the firm earned $0.39 earnings per share. Ford Motor’s quarterly revenue was up 5.5% compared to the same quarter last year. As a group, analysts expect that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 2nd. Investors of record on Thursday, November 7th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.38%. The ex-dividend date is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

Institutional Trading of Ford Motor

Several institutional investors and hedge funds have recently bought and sold shares of the business. Olistico Wealth LLC acquired a new position in shares of Ford Motor during the 2nd quarter worth $25,000. Family Firm Inc. acquired a new stake in Ford Motor in the 2nd quarter valued at about $26,000. Quarry LP acquired a new stake in Ford Motor in the 2nd quarter valued at about $27,000. Ridgewood Investments LLC acquired a new stake in Ford Motor in the 2nd quarter valued at about $28,000. Finally, Kimelman & Baird LLC acquired a new stake in Ford Motor in the 2nd quarter valued at about $30,000. Hedge funds and other institutional investors 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.