Ford Motor (NYSE:F) Trading Up 1.2% - Time to Buy?

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

Analyst Ratings Changes

F has been the subject of several research reports. Sanford C. Bernstein cut shares of Ford Motor from a "market perform" rating to an "underperform" rating and lowered their price objective for the company from $9.40 to $7.00 in a research report on Wednesday, April 9th. Wall Street Zen raised Ford Motor from a "sell" rating to a "hold" rating in a report on Saturday, June 14th. Piper Sandler lifted their target price on Ford Motor from $8.50 to $9.00 and gave the company a "neutral" rating in a research note on Thursday, May 22nd. UBS Group dropped their target price on Ford Motor from $10.00 to $9.00 and set a "neutral" rating for the company in a research report on Thursday, April 10th. Finally, Citigroup raised their price target on Ford Motor from $10.00 to $11.00 and gave the company a "neutral" rating in a report on Wednesday, May 7th. Three 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. According to MarketBeat, the company presently has an average rating of "Hold" and an average price target of $10.03.

Ford Motor Trading Up 0.7%

The company has a quick ratio of 0.97, a current ratio of 1.13 and a debt-to-equity ratio of 2.26. The stock has a market capitalization of $47.36 billion, a P/E ratio of 9.53, a price-to-earnings-growth ratio of 1.01 and a beta of 1.49. The company has a fifty day simple moving average of $10.63 and a two-hundred day simple moving average of $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 13.49% and a net margin of 2.74%. The company had revenue of $40.66 billion during the quarter, compared to analysts' expectations of $35.99 billion. During the same period in the prior year, the firm earned $0.49 earnings per share. Ford Motor's revenue for the quarter was down 6.2% compared to the same quarter last year. On average, sell-side analysts expect that Ford Motor Company will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

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

Insider Buying and Selling

In related news, insider Andrew Frick sold 30,000 shares of the firm's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $11.00, for a total value of $330,000.00. Following the completion of the transaction, the insider directly owned 113,939 shares of the company's stock, valued at approximately $1,253,329. This trade represents a 20.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.48% of the company's stock.

Institutional Trading of Ford Motor

Institutional investors and hedge funds have recently bought and sold shares of the business. Grove Bank & Trust lifted its position in Ford Motor by 289.1% during the first quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer's stock worth $25,000 after acquiring an additional 1,882 shares during the last quarter. Elite Financial Inc. bought a new stake in Ford Motor in the 1st quarter valued at $27,000. Olde Wealth Management LLC acquired a new position in Ford Motor in the 1st quarter valued at $28,000. Flagship Wealth Advisors LLC acquired a new stake in shares of Ford Motor during the fourth quarter worth $30,000. Finally, MorganRosel Wealth Management LLC bought a new stake in shares of Ford Motor in the first quarter valued at about $30,000. Institutional investors own 58.74% of the company's stock.

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.