Ford Motor (NYSE:F - Get Free Report)'s stock price rose 0.7% during trading on Thursday . The company traded as high as $10.70 and last traded at $10.73. Approximately 19,190,157 shares were traded during trading, a decline of 74% from the average daily volume of 75,239,736 shares. The stock had previously closed at $10.65.
Analyst Ratings Changes
F has been the subject of a number of research reports. BNP Paribas upgraded Ford Motor to a "hold" rating in a research report on Monday, February 10th. The Goldman Sachs Group increased their price target on shares of Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Tuesday, May 6th. Bank of America cut their price target on shares of Ford Motor from $19.00 to $15.50 and set a "buy" rating on the stock in a research report on Thursday, February 6th. Barclays increased their price target on shares of Ford Motor from $8.00 to $9.00 and gave the company an "equal weight" rating in a research report on Tuesday, May 6th. Finally, Evercore ISI cut their price target on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a research report on Monday, February 10th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $10.00.
Check Out Our Latest Stock Analysis on F
Ford Motor Stock Up 0.5%
The company has a market capitalization of $42.43 billion, a P/E ratio of 7.33, a PEG ratio of 0.61 and a beta of 1.53. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. The firm's 50 day moving average price is $9.87 and its two-hundred day moving average price is $10.05.
Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The auto manufacturer reported $0.14 earnings per share 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 firm had revenue of $40.66 billion for the quarter, compared to analysts' expectations of $35.99 billion. During the same quarter last year, the business earned $0.49 EPS. The company's quarterly revenue was down 6.2% compared to the same quarter last year. Equities research analysts forecast that Ford Motor will post 1.47 EPS for the current year.
Ford Motor Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 12th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.60%. The ex-dividend date is Monday, May 12th. Ford Motor's dividend payout ratio is currently 48.00%.
Hedge Funds Weigh In On Ford Motor
Institutional investors have recently added to or reduced their stakes in the business. Insight Wealth Partners LLC grew its holdings in Ford Motor by 3.0% during the first quarter. Insight Wealth Partners LLC now owns 46,113 shares of the auto manufacturer's stock worth $463,000 after buying an additional 1,342 shares in the last quarter. OLD Mission Capital LLC purchased a new stake in Ford Motor during the 1st quarter worth about $691,000. Vident Advisory LLC increased its position in shares of Ford Motor by 136.7% during the 1st quarter. Vident Advisory LLC now owns 278,450 shares of the auto manufacturer's stock valued at $2,793,000 after purchasing an additional 160,803 shares during the last quarter. Canada Pension Plan Investment Board increased its position in shares of Ford Motor by 42.3% during the 1st quarter. Canada Pension Plan Investment Board now owns 6,616,436 shares of the auto manufacturer's stock valued at $66,363,000 after purchasing an additional 1,966,267 shares during the last quarter. Finally, All Terrain Financial Advisors LLC grew its position in Ford Motor by 11.7% during the 1st quarter. All Terrain Financial Advisors LLC now owns 14,350 shares of the auto manufacturer's stock worth $144,000 after acquiring an additional 1,500 shares during the last quarter. 58.74% of the stock is owned by institutional investors and hedge funds.
Ford Motor Company Profile
(
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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