Ford Motor (NYSE:F) Stock Price Up 0.2% – Time to Buy?

Ford Motor (NYSE:F) shares rose 0.2% on Wednesday . The company traded as high as $11.26 and last traded at $11.12. Approximately 7,630,773 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 53,884,555 shares. The stock had previously closed at $11.10.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Sanford C. Bernstein lowered shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective for the company. in a report on Thursday, November 7th. Barclays lowered their price target on Ford Motor from $14.00 to $13.00 and set an “overweight” rating for the company in a research report on Tuesday, October 29th. Morgan Stanley downgraded shares of Ford Motor from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Finally, StockNews.com raised Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Ford Motor has an average rating of “Hold” and a consensus target price of $12.02.

Ford Motor Price Performance

The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The company’s fifty day moving average is $10.85 and its two-hundred day moving average is $11.44. The firm has a market cap of $44.07 billion, a price-to-earnings ratio of 12.64, a price-to-earnings-growth ratio of 2.08 and a beta of 1.62.

Ford Motor (NYSE:F) last released 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. 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 business’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.39 EPS. Equities research analysts forecast that Ford Motor will post 1.81 EPS for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.41%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is currently 68.18%.

Hedge Funds Weigh In On Ford Motor

Large investors have recently made changes to their positions in the business. Olistico Wealth LLC acquired a new position in Ford Motor in the 2nd quarter valued at approximately $25,000. Family Firm Inc. acquired a new stake in shares of Ford Motor during the 2nd quarter valued at about $26,000. Quarry LP acquired a new position in Ford Motor in the second quarter worth about $27,000. Ridgewood Investments LLC acquired a new stake in Ford Motor during the second quarter valued at approximately $28,000. Finally, Kimelman & Baird LLC acquired a new stake in shares of Ford Motor during the 2nd quarter worth about $30,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

About Ford Motor

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.