Ford Motor (NYSE:F) Trading 1.4% Higher - Time to Buy?

Key Points

• Ford shares rose by 1.4% to $11.63, with trading volume significantly down at 18.79 million shares, compared to its average of 99.29 million.
• Analysts have mixed opinions on Ford, with two ratings as Buy, twelve as Hold, and three as Sell, leading to a consensus rating of Reduce with a price target of $10.53.
• The company reported a 5% increase in revenues year-over-year at $50.18 billion and declared a quarterly dividend of $0.15, providing an annualized yield of 5.2%.

Ford Motor Company (NYSE:F - Get Free Report)'s share price rose 1.4% on Tuesday . The stock traded as high as $11.73 and last traded at $11.63. Approximately 18,786,491 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 99,285,102 shares. The stock had previously closed at $11.46.

Analyst Upgrades and Downgrades

F has been the topic of a number of recent analyst reports. Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Barclays increased 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 boosted their price target on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Tuesday, May 6th. Dbs Bank lowered shares of Ford Motor from a "hold" rating to a "moderate sell" rating in a report on Monday, August 4th. Finally, Citigroup boosted their target price on shares of Ford Motor from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Wednesday, May 7th. Two research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Ford Motor currently has a consensus rating of "Reduce" and an average target price of $10.53.

Ford Motor Trading Up 3.5%

The company's 50 day simple moving average is $11.22 and its two-hundred day simple moving average is $10.34. 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 company has a market capitalization of $46.66 billion, a price-to-earnings ratio of 15.03, a P/E/G ratio of 3.24 and a beta of 1.48.

Ford Motor (NYSE:F - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating the consensus estimate of $0.33 by $0.04. The firm 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 business's revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.47 EPS. As a group, research analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 11th will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, August 11th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.1%. Ford Motor's payout ratio is presently 76.92%.

Insider Activity at Ford Motor

In related news, insider Andrew Frick sold 30,000 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total value of $330,000.00. Following the completion of the transaction, the insider directly owned 113,939 shares of the company's stock, valued at $1,253,329. This trade represents a 20.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.48% of the stock is owned by insiders.

Institutional Trading of Ford Motor

Several large investors have recently added to or reduced their stakes in the company. Carter Financial Group INC. purchased a new position in shares of Ford Motor in the second quarter worth about $158,000. Stance Capital LLC acquired a new position in Ford Motor in the 2nd quarter worth approximately $722,000. Cim Investment Management Inc. raised its position in Ford Motor by 99.6% during the 2nd quarter. Cim Investment Management Inc. now owns 153,396 shares of the auto manufacturer's stock worth $1,591,000 after buying an additional 76,561 shares during the last quarter. Advisory Services Network LLC raised its position in Ford Motor by 35.4% during the 2nd quarter. Advisory Services Network LLC now owns 213,018 shares of the auto manufacturer's stock worth $2,358,000 after buying an additional 55,703 shares during the last quarter. Finally, Tyler Stone Wealth Management lifted its stake in Ford Motor by 7.0% during the 2nd quarter. Tyler Stone Wealth Management now owns 30,148 shares of the auto manufacturer's stock valued at $327,000 after acquiring an additional 1,977 shares during the period. Hedge funds and other institutional investors own 58.74% of the company's stock.

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.