Ford Motor (NYSE:F) Stock Price Up 0.7% – Still a Buy?

Ford Motor (NYSE:F) shot up 0.7% on Tuesday . The company traded as high as $10.74 and last traded at $10.67. 9,933,615 shares changed hands during trading, a decline of 82% from the average session volume of 53,743,906 shares. The stock had previously closed at $10.60.

Wall Street Analyst Weigh In

F has been the subject of a number of recent analyst reports. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price for the company. in a research report on Thursday, November 7th. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a report on Wednesday, October 30th. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Finally, Wells Fargo & Company lowered their price target on Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 10th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $12.08.

Ford Motor Stock Performance

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 firm has a market capitalization of $42.45 billion, a PE ratio of 12.13, a P/E/G ratio of 1.91 and a beta of 1.62. The firm has a fifty day moving average price of $10.86 and a 200 day moving average price of $11.35.

Ford Motor (NYSE:F) last released its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion for the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the firm posted $0.39 earnings per share. Research analysts anticipate that Ford Motor will post 1.81 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.62%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio is presently 68.18%.

Hedge Funds Weigh In On Ford Motor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in F. Family Firm Inc. bought a new stake in shares of Ford Motor in the 2nd quarter valued at about $26,000. Quarry LP bought a new stake in Ford Motor in the second quarter valued at approximately $27,000. Ridgewood Investments LLC bought a new position in shares of Ford Motor in the second quarter worth approximately $28,000. Kimelman & Baird LLC purchased a new position in shares of Ford Motor in the 2nd quarter valued at approximately $30,000. Finally, Reston Wealth Management LLC bought a new stake in shares of Ford Motor during the third quarter valued at approximately $33,000. 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.