Ford Motor (NYSE:F - Get Free Report) traded up 1.8% on Monday . The company traded as high as $10.66 and last traded at $10.62. 21,307,762 shares were traded during trading, a decline of 73% from the average session volume of 79,807,581 shares. The stock had previously closed at $10.43.
Analyst Ratings Changes
A number of equities research analysts have weighed in on F shares. TD Cowen initiated coverage on shares of Ford Motor in a research report on Friday, March 7th. They set a "hold" rating and a $10.00 price target for the company. The Goldman Sachs Group lifted their target price on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Tuesday, May 6th. Wall Street Zen upgraded Ford Motor from a "sell" rating to a "hold" rating in a research note on Saturday. Wolfe Research raised Ford Motor from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Finally, Barclays increased their target price on Ford Motor from $8.00 to $9.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 6th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Ford Motor has an average rating of "Hold" and an average target price of $10.03.
View Our Latest Stock Analysis on Ford Motor
Ford Motor Price Performance
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 business has a 50 day simple moving average of $10.12 and a 200-day simple moving average of $9.96. The company has a market capitalization of $42.25 billion, a P/E ratio of 7.26, a PEG ratio of 0.61 and a beta of 1.50.
Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.16. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. The company had revenue of $40.66 billion during the quarter, compared to analysts' expectations of $35.99 billion. During the same quarter in the prior year, the business posted $0.49 earnings per share. The company's revenue for the quarter was down 6.2% compared to the same quarter last year. Analysts predict that Ford Motor will post 1.47 EPS for the current fiscal year.
Ford Motor Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 5.65%. The ex-dividend date was Monday, May 12th. Ford Motor's payout ratio is currently 48.00%.
Hedge Funds Weigh In On Ford Motor
Large investors have recently made changes to their positions in the business. NCP Inc. lifted its holdings in shares of Ford Motor by 62.0% in the fourth quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock valued at $738,000 after purchasing an additional 28,528 shares in the last quarter. Alberta Investment Management Corp boosted its holdings in Ford Motor by 87.1% in the fourth quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock worth $1,941,000 after purchasing an additional 91,300 shares in the last quarter. ABC Arbitrage SA acquired a new position in shares of Ford Motor during the 4th quarter valued at about $1,012,000. Tounjian Advisory Partners LLC acquired a new stake in shares of Ford Motor in the first quarter worth $974,000. Finally, Wernau Asset Management Inc. acquired a new position in Ford Motor during the 4th quarter worth $344,000. Institutional investors own 58.74% of the company's stock.
About Ford Motor
(
Get Free Report)
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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