Ford Motor (NYSE:F) Trading 1.2% Higher - Should You Buy?

Ford Motor Company (NYSE:F - Get Free Report) shares rose 1.2% during trading on Wednesday . The stock traded as high as $11.88 and last traded at $11.83. Approximately 18,447,348 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 82,790,358 shares. The stock had previously closed at $11.68.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on F shares. Wall Street Zen upgraded Ford Motor from a "sell" rating to a "hold" rating in a report on Saturday, June 14th. The Goldman Sachs Group upped their target price on Ford Motor from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Tuesday, May 6th. JPMorgan Chase & Co. boosted their price target on Ford Motor from $11.00 to $12.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Piper Sandler boosted their price target on Ford Motor from $8.50 to $9.00 and gave the stock a "neutral" rating in a research report on Thursday, May 22nd. Finally, Sanford C. Bernstein cut Ford Motor from a "market perform" rating to an "underperform" rating and dropped their price target for the stock from $9.40 to $7.00 in a research report on Wednesday, April 9th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Ford Motor currently has an average rating of "Hold" and an average target price of $10.03.

Ford Motor Stock Performance

The firm has a market capitalization of $47.38 billion, a PE ratio of 9.52, a price-to-earnings-growth ratio of 0.99 and a beta of 1.49. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26. The business's 50 day simple moving average is $10.63 and its two-hundred day simple moving average 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 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.16. The firm had revenue of $40.66 billion during the quarter, compared to analyst estimates of $35.99 billion. Ford Motor had a return on equity of 13.49% and a net margin of 2.74%. Ford Motor's revenue was down 6.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.49 EPS. Research analysts expect that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Monday, May 12th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 dividend on an annualized basis and a yield of 5.04%. Ford Motor's payout ratio is presently 48.00%.

Insider Transactions at Ford Motor

In other Ford Motor 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 transaction of $330,000.00. Following the completion of the transaction, the insider owned 113,939 shares of the company's stock, valued at $1,253,329. This represents a 20.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.48% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Mn Services Vermogensbeheer B.V. lifted its stake in Ford Motor by 2.6% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 1,460,100 shares of the auto manufacturer's stock worth $15,842,000 after purchasing an additional 37,600 shares during the last quarter. Wedmont Private Capital lifted its stake in Ford Motor by 3.0% in the second quarter. Wedmont Private Capital now owns 31,593 shares of the auto manufacturer's stock worth $374,000 after purchasing an additional 934 shares during the last quarter. Swedbank AB lifted its stake in Ford Motor by 2.3% in the second quarter. Swedbank AB now owns 1,057,760 shares of the auto manufacturer's stock worth $11,477,000 after purchasing an additional 23,837 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in Ford Motor by 2.3% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 473,613 shares of the auto manufacturer's stock worth $5,139,000 after purchasing an additional 10,819 shares during the last quarter. Finally, Signal Advisors Wealth LLC lifted its stake in Ford Motor by 17.8% in the second quarter. Signal Advisors Wealth LLC now owns 117,682 shares of the auto manufacturer's stock worth $1,277,000 after purchasing an additional 17,776 shares during the last quarter. 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.