Ford Motor (NYSE:F) Trading 2% Higher – What’s Next?

Ford Motor (NYSE:F)’s share price rose 2% during trading on Friday . The stock traded as high as $11.03 and last traded at $11.02. Approximately 10,461,561 shares were traded during trading, a decline of 81% from the average daily volume of 53,762,082 shares. The stock had previously closed at $10.80.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on F shares. Sanford C. Bernstein downgraded Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Wolfe Research started coverage on shares of Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating on the stock. Barclays reduced their target price on Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 29th. Morgan Stanley cut Ford Motor from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $16.00 to $12.00 in a report on Wednesday, September 25th. Finally, Deutsche Bank Aktiengesellschaft lowered 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. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $12.02.

Ford Motor Trading Up 3.5 %

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’s 50 day moving average is $10.83 and its 200-day moving average is $11.46. The company has a market capitalization of $44.43 billion, a P/E ratio of 12.70, a P/E/G ratio of 1.97 and a beta of 1.62.

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

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.37%. The ex-dividend date of this dividend is Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Institutional Investors Weigh In On Ford Motor

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