Ford Motor (NYSE:F) Stock Price Up 0.2% - Should You Buy?

Ford Motor (NYSE:F - Get Free Report) shot up 0.2% during trading on Wednesday . The stock traded as high as $10.01 and last traded at $9.90. 53,882,789 shares traded hands during mid-day trading, a decline of 1% from the average session volume of 54,218,055 shares. The stock had previously closed at $9.88.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in 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 target price on the stock. in a research note on Thursday, November 7th. Morgan Stanley lowered Ford Motor from an "overweight" rating to an "equal weight" rating and lowered their price objective for the stock from $16.00 to $12.00 in a research note on Wednesday, September 25th. Wolfe Research reaffirmed an "underperform" rating on shares of Ford Motor in a research note on Thursday, December 5th. Royal Bank of Canada reissued a "sector perform" rating and set a $10.00 price target on shares of Ford Motor in a research report on Tuesday, October 29th. Finally, Wells Fargo & Company cut their price objective on shares of Ford Motor from $10.00 to $9.00 and set an "underweight" rating for the company in a research report on Tuesday, September 10th. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Ford Motor currently has an average rating of "Hold" and an average target price of $11.83.

Ford Motor Trading Up 0.2 %

The firm has a market capitalization of $39.35 billion, a PE ratio of 11.25, a PEG ratio of 1.90 and a beta of 1.62. The company's 50-day moving average price is $10.61 and its 200-day moving average price is $11.12. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15.

Ford Motor (NYSE:F - Get Free Report) last posted 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 firm had revenue of $46.20 billion during the quarter, compared to analysts' expectations of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The firm's revenue was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.39 earnings per share. On average, sell-side analysts expect that Ford Motor will post 1.81 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.06%. Ford Motor's dividend payout ratio (DPR) is presently 68.18%.

Hedge Funds Weigh In On Ford Motor

Institutional investors have recently modified their holdings of the business. Principal Financial Group Inc. grew its holdings in shares of Ford Motor by 3.8% during the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer's stock worth $46,408,000 after buying an additional 160,409 shares during the last quarter. Birmingham Capital Management Co. Inc. AL lifted its position in Ford Motor by 21.4% during the 3rd quarter. Birmingham Capital Management Co. Inc. AL now owns 14,200 shares of the auto manufacturer's stock worth $150,000 after acquiring an additional 2,500 shares during the period. Franklin Resources Inc. grew its stake in shares of Ford Motor by 29.8% in the 3rd quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer's stock valued at $15,998,000 after purchasing an additional 336,720 shares during the last quarter. Tidal Investments LLC increased its holdings in shares of Ford Motor by 79.4% in the third quarter. Tidal Investments LLC now owns 302,940 shares of the auto manufacturer's stock valued at $3,199,000 after purchasing an additional 134,042 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Ford Motor in the third quarter valued at approximately $192,000. 58.74% of the stock is owned by institutional investors and hedge funds.

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.