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

Ford Motor (NYSE:F - Get Free Report)'s share price rose 0.3% during trading on Tuesday . The stock traded as high as $10.84 and last traded at $10.79. Approximately 12,990,653 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 75,520,438 shares. The stock had previously closed at $10.75.

Analyst Upgrades and Downgrades

F has been the subject of several analyst reports. Wells Fargo & Company lowered their price objective on Ford Motor from $9.00 to $8.00 and set an "underweight" rating for the company in a research note on Thursday, February 6th. Barclays increased their price target on Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a research report on Tuesday, May 6th. Piper Sandler increased their price target on Ford Motor from $8.50 to $9.00 and gave the company a "neutral" rating in a research report on Thursday. Wolfe Research raised Ford Motor from an "underperform" rating to a "peer perform" rating in a research report on Wednesday, April 30th. Finally, Wall Street Zen downgraded Ford Motor from a "hold" rating to a "sell" rating in a research report on Saturday. Four analysts have rated the stock with a sell rating, twelve have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $10.03.

Ford Motor Stock Down 0.8%

The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31. The stock has a 50-day simple moving average of $9.98 and a 200-day simple moving average of $10.06. The firm has a market capitalization of $41.20 billion, a PE ratio of 7.10, a P/E/G ratio of 0.61 and a beta of 1.53.

Ford Motor (NYSE:F - Get Free Report) last posted its quarterly 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. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The firm had revenue of $40.66 billion during the quarter, compared to analyst estimates of $35.99 billion. During the same period last year, the company earned $0.49 earnings per share. The business's revenue for the quarter was down 6.2% on a year-over-year basis. Analysts forecast that Ford Motor will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.79%. The ex-dividend date of this dividend is Monday, May 12th. Ford Motor's payout ratio is currently 48.00%.

Hedge Funds Weigh In On Ford Motor

A number of large investors have recently made changes to their positions in F. WBI Investments LLC boosted its stake in Ford Motor by 86.4% during the first quarter. WBI Investments LLC now owns 566,746 shares of the auto manufacturer's stock valued at $5,684,000 after buying an additional 262,719 shares during the period. McAdam LLC purchased a new stake in Ford Motor during the first quarter valued at about $130,000. Acadian Asset Management LLC raised its position in Ford Motor by 22.4% during the first quarter. Acadian Asset Management LLC now owns 176,177 shares of the auto manufacturer's stock valued at $1,766,000 after purchasing an additional 32,290 shares in the last quarter. Integrity Alliance LLC. purchased a new stake in Ford Motor during the first quarter valued at about $682,000. Finally, Ilmarinen Mutual Pension Insurance Co purchased a new stake in Ford Motor during the first quarter valued at about $6,018,000. 58.74% of the stock is owned by institutional investors.

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.