Ford Motor (NYSE:F) Shares Up 1.6% - Time to Buy?

Key Points

• Ford Motor Company's shares rose by 1.6% to close at $11.93, marking a significant increase in trading volume, which was up 16% from average levels.
• Analysts have recently upgraded Ford's ratings, with Jefferies Financial Group raising their price target from $9.00 to $12.00 and UBS increasing theirs from $11.00 to $12.50.
• The company reported $50.18 billion in revenue for the last quarter, surpassing estimates and reflecting a 5% year-over-year growth.

Ford Motor Company (NYSE:F - Get Free Report)'s share price shot up 1.6% on Friday . The company traded as high as $12.01 and last traded at $11.93. 107,495,961 shares traded hands during mid-day trading, an increase of 16% from the average session volume of 92,742,000 shares. The stock had previously closed at $11.74.

Analyst Ratings Changes

A number of research firms have weighed in on F. Jefferies Financial Group upgraded Ford Motor from an "underperform" rating to a "hold" rating and raised their price target for the company from $9.00 to $12.00 in a research note on Monday, October 6th. UBS Group lifted their target price on Ford Motor from $11.00 to $12.50 and gave the stock a "neutral" rating in a research report on Monday, October 6th. Barclays lifted their target price on Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 16th. The Goldman Sachs Group lifted their target price on Ford Motor from $11.00 to $12.00 and gave the stock a "neutral" rating in a research report on Monday, September 29th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Ford Motor in a research note on Tuesday. Two investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $11.04.

Ford Motor Stock Performance

The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24. The stock has a fifty day moving average of $11.71 and a 200-day moving average of $10.92. The stock has a market cap of $47.46 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 3.42 and a beta of 1.53.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.04. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The firm had revenue of $50.18 billion for the quarter, compared to analyst estimates of $42.91 billion. During the same quarter last year, the company posted $0.47 earnings per share. The business's revenue was up 5.0% on a year-over-year basis. On average, equities analysts forecast that Ford Motor Company 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 Tuesday, September 2nd. Shareholders of record on Monday, August 11th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Monday, August 11th. Ford Motor's payout ratio is currently 76.92%.

Institutional Investors Weigh In On Ford Motor

Institutional investors have recently added to or reduced their stakes in the business. Corsicana & Co. purchased a new stake in Ford Motor in the 3rd quarter valued at approximately $25,000. Trust Co. of Toledo NA OH purchased a new stake in Ford Motor in the 2nd quarter valued at approximately $25,000. Capital A Wealth Management LLC boosted its holdings in Ford Motor by 990.9% in the 2nd quarter. Capital A Wealth Management LLC now owns 2,509 shares of the auto manufacturer's stock valued at $27,000 after purchasing an additional 2,279 shares in the last quarter. Country Trust Bank purchased a new stake in Ford Motor in the 2nd quarter valued at approximately $27,000. Finally, Grove Bank & Trust boosted its stake in shares of Ford Motor by 289.1% during the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock worth $25,000 after acquiring an additional 1,882 shares in the last quarter. Hedge funds and other institutional investors 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.

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