Ford Motor (NYSE:F) Stock Price Down 2% - Time to Sell?

Key Points

• Ford's stock price fell 2% to $11.68, with trading volume declining by 84% from the average, signaling potential concern among investors.
• Analysts have mixed views on Ford, with price objectives ranging from $9.00 to $13.00, and a consensus rating of "Reduce" reflecting concerns about future performance.
• The company recently announced a quarterly dividend of $0.15 per share, representing a yield of 5.1%, indicating its commitment to returning value to shareholders despite current stock challenges.

Ford Motor Company (NYSE:F - Get Free Report)'s stock price fell 2% during trading on Thursday . The stock traded as low as $11.64 and last traded at $11.68. 15,353,256 shares changed hands during trading, a decline of 84% from the average session volume of 97,161,195 shares. The stock had previously closed at $11.91.

Wall Street Analyst Weigh In

F has been the subject of a number of recent analyst reports. Barclays increased their price objective on Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 16th. Jefferies Financial Group increased their price objective on Ford Motor from $8.00 to $9.00 and gave the stock an "underperform" rating in a report on Monday, August 11th. UBS Group increased their price objective on Ford Motor from $9.00 to $11.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Royal Bank Of Canada increased their price objective on Ford Motor from $10.00 to $11.00 and gave the stock a "sector perform" rating in a report on Tuesday, August 5th. Finally, JPMorgan Chase & Co. increased their price objective on Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a report on Monday, July 21st. Two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Reduce" and an average target price of $10.53.

Ford Motor Price Performance

The stock has a fifty day moving average price of $11.30 and a 200-day moving average price of $10.39. The company has a market cap of $46.46 billion, a PE ratio of 14.97, a price-to-earnings-growth ratio of 3.39 and a beta of 1.48. The company has a debt-to-equity ratio of 2.24, a current ratio of 1.10 and a quick ratio of 0.95.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.33 by $0.04. The company had revenue of $50.18 billion during the quarter, compared to analyst estimates of $42.91 billion. Ford Motor had a return on equity of 12.46% and a net margin of 1.70%.The company's revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.47 earnings per share. On average, equities analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 2nd. Investors of record on Monday, August 11th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Monday, August 11th. Ford Motor's dividend payout ratio (DPR) is currently 76.92%.

Insider Activity

In related news, insider Andrew Frick sold 30,000 shares of the stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total transaction of $330,000.00. Following the completion of the sale, the insider directly owned 113,939 shares in the company, valued at approximately $1,253,329. This trade represents a 20.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.48% of the company's stock.

Hedge Funds Weigh In On Ford Motor

Several hedge funds have recently bought and sold shares of the business. MASTERINVEST Kapitalanlage GmbH acquired a new stake in shares of Ford Motor in the second quarter valued at about $775,000. Silverlake Wealth Management LLC lifted its stake in shares of Ford Motor by 38.4% in the second quarter. Silverlake Wealth Management LLC now owns 47,258 shares of the auto manufacturer's stock valued at $513,000 after buying an additional 13,113 shares during the period. Carter Financial Group INC. bought a new stake in shares of Ford Motor in the second quarter valued at about $158,000. Stance Capital LLC bought a new stake in shares of Ford Motor in the second quarter valued at about $722,000. Finally, Cim Investment Management Inc. lifted its stake in shares of Ford Motor by 99.6% in the second quarter. Cim Investment Management Inc. now owns 153,396 shares of the auto manufacturer's stock valued at $1,591,000 after buying an additional 76,561 shares during the period. 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.

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