Ford Motor (NYSE:F - Get Free Report) was up 1.5% during trading on Friday . The company traded as high as $10.26 and last traded at $10.26. Approximately 28,861,170 shares traded hands during trading, a decline of 63% from the average daily volume of 78,798,120 shares. The stock had previously closed at $10.10.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on F shares. Evercore ISI dropped their price objective on shares of Ford Motor from $11.00 to $10.00 and set an "in-line" rating on the stock in a research note on Monday, February 10th. Sanford C. Bernstein cut shares of Ford Motor from a "market perform" rating to an "underperform" rating and dropped their price objective for the stock from $9.40 to $7.00 in a research note on Wednesday, April 9th. TD Cowen started coverage on shares of Ford Motor in a research note on Friday, March 7th. They set a "hold" rating and a $10.00 price objective on the stock. JPMorgan Chase & Co. raised their price objective on shares of Ford Motor from $11.00 to $12.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Finally, Wolfe Research raised shares of Ford Motor from an "underperform" rating to a "peer perform" rating in a research note on Wednesday, April 30th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $10.03.
Get Our Latest Stock Report on F
Ford Motor Stock Performance
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 has a fifty day moving average price of $10.01 and a 200 day moving average price of $10.00. The firm has a market cap of $40.80 billion, a PE ratio of 7.03, a price-to-earnings-growth ratio of 0.61 and a beta of 1.50.
Ford Motor (NYSE:F - Get Free Report) last posted its quarterly earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS 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 business had revenue of $40.66 billion for the quarter, compared to analyst estimates of $35.99 billion. During the same quarter in the previous year, the firm earned $0.49 EPS. The company's quarterly revenue was down 6.2% compared to the same quarter last year. As a group, equities research analysts expect that Ford Motor will post 1.47 earnings per share for the current fiscal year.
Ford Motor Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 2nd. Investors of record on Monday, May 12th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, May 12th. This represents a $0.60 annualized dividend and a yield of 5.85%. Ford Motor's dividend payout ratio (DPR) is currently 48.00%.
Institutional Trading of Ford Motor
Institutional investors and hedge funds have recently bought and sold shares of the stock. NCP Inc. grew its position in Ford Motor by 62.0% in the 4th quarter. NCP Inc. now owns 74,520 shares of the auto manufacturer's stock valued at $738,000 after acquiring an additional 28,528 shares in the last quarter. Alberta Investment Management Corp grew its position in Ford Motor by 87.1% in the 4th quarter. Alberta Investment Management Corp now owns 196,100 shares of the auto manufacturer's stock valued at $1,941,000 after acquiring an additional 91,300 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Ford Motor by 12.3% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 455,671 shares of the auto manufacturer's stock valued at $4,511,000 after acquiring an additional 49,844 shares in the last quarter. ABC Arbitrage SA acquired a new position in Ford Motor in the 4th quarter valued at about $1,012,000. Finally, Wernau Asset Management Inc. acquired a new position in Ford Motor in the 4th quarter valued at about $344,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.
About Ford Motor
(
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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