Ford Motor (NYSE:F) Stock Price Up 0.3% - Should You Buy?

Ford Motor (NYSE:F - Get Free Report) shares shot up 0.3% during mid-day trading on Wednesday . The company traded as high as $10.68 and last traded at $10.64. 23,337,029 shares changed hands during trading, a decline of 79% from the average session volume of 111,095,156 shares. The stock had previously closed at $10.60.

Wall Street Analyst Weigh In

F has been the subject of several research reports. Citigroup raised their target price on Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 7th. Royal Bank of Canada reduced their price objective on shares of Ford Motor from $10.00 to $9.00 and set a "sector perform" rating for the company in a report on Thursday, February 6th. StockNews.com raised shares of Ford Motor from a "sell" rating to a "hold" rating in a research note on Wednesday. Barclays raised their price target on shares of Ford Motor from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 6th. Finally, Piper Sandler lowered their price objective on Ford Motor from $9.00 to $8.50 and set a "neutral" rating on the stock in a research note on Tuesday, May 6th. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $10.00.

Ford Motor Trading Down 0.0%

The firm has a 50-day moving average of $9.88 and a two-hundred day moving average of $10.05. The firm has a market capitalization of $42.59 billion, a P/E ratio of 7.36, a P/E/G ratio of 0.61 and a beta of 1.53. 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 posted its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.16. The firm had revenue of $40.66 billion during the quarter, compared to analysts' expectations of $35.99 billion. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. The business's revenue for the quarter was down 6.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.49 earnings per share. On average, analysts anticipate that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 12th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.58%. Ford Motor's payout ratio is presently 48.00%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Atlas Capital Advisors Inc. raised its stake in shares of Ford Motor by 21.2% during the first quarter. Atlas Capital Advisors Inc. now owns 5,665 shares of the auto manufacturer's stock valued at $57,000 after acquiring an additional 989 shares during the last quarter. Albion Financial Group UT raised its position in Ford Motor by 38.5% during the 4th quarter. Albion Financial Group UT now owns 3,600 shares of the auto manufacturer's stock worth $36,000 after purchasing an additional 1,000 shares during the last quarter. Brighton Jones LLC lifted its holdings in Ford Motor by 5.4% during the 4th quarter. Brighton Jones LLC now owns 19,693 shares of the auto manufacturer's stock worth $195,000 after buying an additional 1,001 shares during the period. Angeles Wealth Management LLC grew its position in shares of Ford Motor by 1.3% in the 4th quarter. Angeles Wealth Management LLC now owns 80,728 shares of the auto manufacturer's stock valued at $799,000 after buying an additional 1,024 shares during the last quarter. Finally, Kovack Advisors Inc. increased its stake in shares of Ford Motor by 1.7% in the first quarter. Kovack Advisors Inc. now owns 62,199 shares of the auto manufacturer's stock valued at $624,000 after buying an additional 1,035 shares during the period. 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.