Ford Motor (NYSE:F) Trading Down 3.4% - Should You Sell?

Key Points

• Ford shares fell 3.4% to about $13.93 in mid-day trading, below the analyst consensus price target of $15.68.
• Analyst sentiment remains mixed: eight analysts rate Ford a Buy, ten recommend Hold and one recommends Sell, resulting in an overall “Hold” consensus.
• Ford exceeded quarterly earnings and revenue expectations, while maintaining a quarterly dividend of $0.15 per share, equivalent to a 4.3% annual yield.

Ford Motor Company (NYSE:F - Get Free Report)'s share price dropped 3.4% during mid-day trading on Monday . The stock traded as low as $13.78 and last traded at $13.9250. 53,219,647 shares were traded during mid-day trading, a decline of 10% from the average daily volume of 59,273,047 shares. The stock had previously closed at $14.41.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Zacks Research lowered shares of Ford Motor from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 4th. Morgan Stanley reissued an "equal weight" rating and issued a $14.00 price target on shares of Ford Motor in a report on Wednesday, May 13th. Dbs Bank upgraded shares of Ford Motor from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, August 11th. Bank of America upped their price objective on shares of Ford Motor from $17.00 to $20.00 and gave the company a "buy" rating in a research note on Friday, May 29th. Finally, Citigroup upgraded shares of Ford Motor from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $19.00 to $20.00 in a report on Wednesday, July 29th. Eight equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $15.68.

Ford Motor Stock Down 3.4%

The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. The company has a fifty day simple moving average of $14.12 and a 200 day simple moving average of $13.51. The firm has a market capitalization of $55.53 billion, a P/E ratio of -7.45, a P/E/G ratio of 0.30 and a beta of 1.82.

Ford Motor (NYSE:F - Get Free Report) last released its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.33 by $0.09. Ford Motor had a positive return on equity of 17.23% and a negative net margin of 3.93%.The firm had revenue of $48.30 billion for the quarter, compared to analysts' expectations of $47.24 billion. During the same period in the prior year, the firm posted $0.37 earnings per share. The company's quarterly revenue was down 3.8% on a year-over-year basis. On average, equities analysts expect that Ford Motor Company will post 1.86 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Tuesday, August 11th. Ford Motor's dividend payout ratio is -32.09%.

Institutional Trading of Ford Motor

Institutional investors and hedge funds have recently bought and sold shares of the company. Maripau Wealth Management LLC boosted its stake in Ford Motor by 1.6% in the first quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer's stock worth $538,000 after purchasing an additional 749 shares in the last quarter. Wayfinding Financial LLC increased its stake in shares of Ford Motor by 5.8% in the second quarter. Wayfinding Financial LLC now owns 13,652 shares of the auto manufacturer's stock valued at $189,000 after buying an additional 754 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Ford Motor by 7.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 10,999 shares of the auto manufacturer's stock valued at $144,000 after buying an additional 756 shares in the last quarter. Robertson Stephens Wealth Management LLC raised its holdings in shares of Ford Motor by 1.8% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 42,683 shares of the auto manufacturer's stock valued at $560,000 after buying an additional 761 shares during the last quarter. Finally, Southern Financial Group LLC lifted its position in Ford Motor by 2.3% during the 1st quarter. Southern Financial Group LLC now owns 34,714 shares of the auto manufacturer's stock worth $401,000 after buying an additional 776 shares in the last quarter. 58.74% of the stock is currently owned by institutional investors.

Ford Motor Company Profile

Ford Motor Company NYSE: F is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford's business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.

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