Ford Motor (NYSE:F) Trading Up 1.1% - Time to Buy?

Key Points

• Ford Motor's stock price increased by 1.1% during trading, reaching a last traded price of $10.94, but with trading volume down 84% from its average.
• Recent analyst ratings show a consensus "Hold" rating with price targets ranging from $9.00 to $11.00, indicating mixed views on the stock's potential.
• Ford declared a quarterly dividend of $0.15 per share, resulting in a yield of 5.5%, with a payout ratio of 76.92%.

Ford Motor Company (NYSE:F - Get Free Report)'s stock price was up 1.1% during trading on Monday . The stock traded as high as $11.00 and last traded at $10.94. Approximately 16,528,217 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 102,371,578 shares. The stock had previously closed at $10.82.

Analyst Ratings Changes

Several brokerages have recently issued reports on F. Citigroup lifted their price target on Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. The Goldman Sachs Group lifted their price target on Ford Motor from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Tuesday, May 6th. Barclays raised their target price on shares of Ford Motor from $9.00 to $11.00 and gave the stock an "equal weight" rating in a report on Wednesday, July 16th. Wall Street Zen upgraded shares of Ford Motor from a "sell" rating to a "hold" rating in a report on Sunday, July 20th. Finally, Piper Sandler raised their target price on shares of Ford Motor from $9.00 to $9.50 and gave the stock a "neutral" rating in a report on Thursday. Three investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Ford Motor presently has a consensus rating of "Hold" and a consensus price target of $10.40.

Ford Motor Stock Performance

The stock has a market cap of $43.52 billion, a price-to-earnings ratio of 14.03, a PEG ratio of 3.15 and a beta of 1.48. The stock's fifty day moving average is $10.91 and its 200-day moving average is $10.22. The company has a quick ratio of 0.95, a current ratio of 1.10 and a debt-to-equity ratio of 2.24.

Ford Motor (NYSE:F - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The auto manufacturer reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.04. The company had revenue of $50.18 billion during the quarter, compared to analysts' expectations of $42.91 billion. Ford Motor had a net margin of 1.70% and a return on equity of 12.46%. The business's quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.47 earnings per share. On average, analysts forecast that Ford Motor Company will post 1.47 EPS for the current year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Monday, August 11th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend is Monday, August 11th. Ford Motor's dividend payout ratio is 76.92%.

Insider Transactions at Ford Motor

In other news, insider Andrew Frick sold 30,000 shares of the stock in a transaction dated Tuesday, July 1st. The shares were 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 of the company's stock, valued at $1,253,329. This represents a 20.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.48% of the company's stock.

Hedge Funds Weigh In On Ford Motor

Hedge funds have recently bought and sold shares of the business. Tounjian Advisory Partners LLC acquired a new stake in shares of Ford Motor in the 1st quarter valued at approximately $974,000. Generali Investments CEE investicni spolecnost a.s. raised its holdings in Ford Motor by 25.0% in the 1st quarter. Generali Investments CEE investicni spolecnost a.s. now owns 300,000 shares of the auto manufacturer's stock valued at $3,009,000 after buying an additional 60,000 shares during the last quarter. APG Asset Management N.V. bought a new position in Ford Motor in the 4th quarter valued at approximately $20,408,000. Abundance Wealth Counselors raised its position in Ford Motor by 32.6% during the 1st quarter. Abundance Wealth Counselors now owns 157,919 shares of the auto manufacturer's stock worth $1,594,000 after purchasing an additional 38,794 shares during the last quarter. Finally, OneAscent Financial Services LLC lifted its stake in shares of Ford Motor by 107.1% in the first quarter. OneAscent Financial Services LLC now owns 122,748 shares of the auto manufacturer's stock worth $1,224,000 after acquiring an additional 63,488 shares during the period. 58.74% of the stock is owned by institutional investors.

About Ford Motor

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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