Ford Motor (NYSE:F) Sets New 12-Month Low - Here's Why

Ford Motor (NYSE:F - Get Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as $9.09 and last traded at $9.17, with a volume of 6587985 shares. The stock had previously closed at $9.39.

Analysts Set New Price Targets

A number of research firms recently commented on F. Barclays cut Ford Motor from an "overweight" rating to an "equal weight" rating and lowered their price target for the stock from $13.00 to $11.00 in a report on Wednesday, January 22nd. Jefferies Financial Group cut Ford Motor from a "hold" rating to an "underperform" rating and decreased their price objective for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Wells Fargo & Company decreased their price objective on Ford Motor from $9.00 to $8.00 and set an "underweight" rating on the stock in a report on Thursday, February 6th. TD Cowen began coverage on Ford Motor in a report on Friday. They set a "hold" rating and a $10.00 price objective on the stock. Finally, Royal Bank of Canada decreased their price objective 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. Three 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. According to data from MarketBeat.com, Ford Motor has an average rating of "Hold" and an average price target of $11.77.

Ford Motor Stock Up 3.1 %

The company has a 50-day simple moving average of $9.72 and a 200 day simple moving average of $10.38. The company has a market cap of $39.26 billion, a P/E ratio of 6.78, a P/E/G ratio of 0.61 and a beta of 1.59. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The auto manufacturer reported $0.39 EPS for the quarter, beating the consensus estimate 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, equities analysts anticipate that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Shareholders of record on Tuesday, February 18th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.06%. The ex-dividend date was Tuesday, February 18th. Ford Motor's dividend payout ratio (DPR) is presently 41.10%.

Hedge Funds Weigh In On Ford Motor

A number of hedge funds and other institutional investors have recently made changes to their positions in F. Hager Investment Management Services LLC bought a new position in shares of Ford Motor during the 4th quarter worth $26,000. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor during the 4th quarter worth $29,000. Flagship Wealth Advisors LLC bought a new position in shares of Ford Motor during the 4th quarter worth $30,000. Kentucky Trust Co bought a new position in shares of Ford Motor during the 4th quarter worth $31,000. Finally, Spurstone Advisory Services LLC bought a new position in shares of Ford Motor during the 4th quarter worth $31,000. 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.