Ford Motor (NYSE:F) Trading Down 3.7% - Time to Sell?

Key Points

• Ford shares fell 3.7% to $13.97 on heavy trading, with about 40.9 million shares changing hands. The stock remains near its 50-day moving average of $14.14.
• Analyst sentiment is mixed but leans positive: eight analysts rate Ford a Buy, 10 Hold, and one Sell. The consensus rating is Hold, with an average price target of $15.68.
• Ford exceeded quarterly expectations with EPS of $0.42 versus $0.33 forecast and revenue of $48.30 billion, though revenue declined 3.8% year over year. The company also announced a quarterly dividend of $0.15 per share, representing a 4.3% annualized yield.

Ford Motor Company (NYSE:F - Get Free Report)'s stock price traded down 3.7% on Thursday . The company traded as low as $13.82 and last traded at $13.97. Approximately 40,922,626 shares traded hands during trading, a decline of 31% from the average daily volume of 59,412,648 shares. The stock had previously closed at $14.50.

Analyst Upgrades and Downgrades

F has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their price target on shares of Ford Motor from $16.00 to $17.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Royal Bank Of Canada boosted their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the stock a "sector perform" rating in a report on Wednesday, July 29th. Weiss Ratings restated a "buy (b)" rating on shares of Ford Motor in a research report on Wednesday, June 24th. DZ Bank raised shares of Ford Motor from a "sell" rating to a "hold" rating and set a $16.00 target price for the company in a report on Friday, July 31st. Finally, UBS Group lifted their price target on shares of Ford Motor from $14.00 to $17.00 and gave the company a "buy" rating in a research report on Monday, June 8th. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Ford Motor currently has a consensus rating of "Hold" and an average price target of $15.68.

Ford Motor Trading Down 3.7%

The firm has a market cap of $55.71 billion, a PE ratio of -7.47, a PEG ratio of 0.29 and a beta of 1.82. The business has a 50-day moving average price of $14.14 and a two-hundred day moving average price of $13.50. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93.

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

Ford Motor Announces Dividend

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

Institutional Trading of Ford Motor

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

About Ford Motor

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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