Ford Motor (NYSE:F) Trading 3.6% Higher - Time to Buy?

Key Points

• Ford's stock rose by 3.6%, reaching $11.74, although trading volume fell significantly to 20 million shares, indicating reduced market activity.
• Analysts have mixed ratings for Ford, with a consensus target price of $10.53 and ratings ranging from two Buy and three Sell ratings, reflecting cautious market sentiment.
• Ford reported a quarterly EPS of $0.37, above estimates, with revenue of $50.18 billion, which is a 5.0% increase compared to the previous year.

Shares of Ford Motor Company (NYSE:F - Get Free Report) traded up 3.6% during trading on Friday . The stock traded as high as $11.77 and last traded at $11.74. 20,359,303 shares were traded during trading, a decline of 79% from the average session volume of 98,433,836 shares. The stock had previously closed at $11.33.

Analyst Upgrades and Downgrades

F has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock an "overweight" rating in a research note on Monday, July 21st. Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Piper Sandler lifted their price objective on Ford Motor from $9.00 to $9.50 and gave the company a "neutral" rating in a report on Thursday, July 31st. Barclays raised their price objective on shares of Ford Motor from $9.00 to $11.00 and gave the company an "equal weight" rating in a research report on Wednesday, July 16th. Finally, The Goldman Sachs Group lifted their price objective on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 6th. Two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Reduce" and a consensus target price of $10.53.

Ford Motor Stock Performance

The company has a debt-to-equity ratio of 2.24, a quick ratio of 0.95 and a current ratio of 1.10. The business has a 50 day moving average price of $11.20 and a two-hundred day moving average price of $10.33. The company has a market cap of $46.66 billion, a P/E ratio of 15.03, a price-to-earnings-growth ratio of 3.32 and a beta of 1.48.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 EPS for the quarter, beating 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 business had revenue of $50.18 billion during the quarter, compared to analyst estimates of $42.91 billion. During the same quarter in the prior year, the company posted $0.47 EPS. Ford Motor's quarterly revenue was up 5.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a 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 other news, insider Andrew Frick sold 30,000 shares of the firm's stock in a transaction on Tuesday, July 1st. The stock was sold at an average price of $11.00, for a total value of $330,000.00. Following the transaction, the insider directly owned 113,939 shares in the company, valued at $1,253,329. This trade represents a 20.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.48% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Ford Motor

A number of hedge funds have recently made changes to their positions in the business. Carter Financial Group INC. purchased a new stake in shares of Ford Motor during the second quarter worth about $158,000. Stance Capital LLC bought a new stake in Ford Motor during the 2nd quarter valued at approximately $722,000. Cim Investment Management Inc. raised its stake 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 valued at $1,591,000 after purchasing an additional 76,561 shares during the period. Advisory Services Network LLC raised its stake 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 valued at $2,358,000 after purchasing an additional 55,703 shares during the period. Finally, Tyler Stone Wealth Management raised 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 purchasing an additional 1,977 shares during the period. 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.

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