Ford Motor (NYSE:F) Shares Down 0.8% – Time to Sell?

Ford Motor (NYSE:F)’s share price was down 0.8% on Tuesday . The stock traded as low as $9.89 and last traded at $9.95. Approximately 39,193,152 shares were traded during trading, a decline of 60% from the average daily volume of 99,059,523 shares. The stock had previously closed at $10.03.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. Piper Sandler cut their price target on Ford Motor from $13.00 to $9.00 and set a “neutral” rating for the company in a report on Thursday, March 20th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a report on Thursday, December 5th. Royal Bank of Canada reduced their price target on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a report on Thursday, February 6th. Evercore ISI lowered their price target on shares of Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Finally, BNP Paribas upgraded shares of Ford Motor to a “hold” rating in a research report on Monday, February 10th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor has a consensus rating of “Hold” and an average price target of $11.37.

Ford Motor Trading Up 2.0 %

The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The business has a 50-day simple moving average of $9.74 and a 200-day simple moving average of $10.27. The company has a market cap of $40.19 billion, a PE ratio of 6.95, a price-to-earnings-growth ratio of 0.61 and a beta of 1.59.

Ford Motor (NYSE:F) last issued its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. On average, analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were paid a dividend of $0.15 per share. The ex-dividend date was Tuesday, February 18th. This represents a $0.60 dividend on an annualized basis and a yield of 5.92%. Ford Motor’s dividend payout ratio (DPR) is presently 41.10%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Mascagni Wealth Management Inc. acquired a new stake in Ford Motor during the 4th quarter worth approximately $87,000. Chancellor Financial Group WB LP purchased a new stake in shares of Ford Motor during the fourth quarter worth $182,000. Tableaux LLC acquired a new stake in shares of Ford Motor in the fourth quarter valued at $148,000. Northstar Financial Companies Inc. purchased a new position in Ford Motor in the fourth quarter valued at $154,000. Finally, Wood Tarver Financial Group LLC acquired a new position in Ford Motor during the 4th quarter worth $31,000. 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.