Ford Motor (NYSE:F) Shares Down 3% - Time to Sell?

Key Points

• Ford shares fell 3% to $13.1950 in heavy trading, with volume reaching roughly 109.6 million shares—89% above the average session volume.
• Analyst sentiment remains mixed: eight analysts rate Ford a Buy, ten rate it Hold, and one rates it Sell. The consensus rating is Hold, with an average price target of $15.68.
• Ford exceeded quarterly earnings and revenue expectations, reporting $0.42 in EPS and $48.3 billion in revenue, while maintaining a quarterly dividend of $0.15 per share, equivalent to a 4.5% annual yield.

Ford Motor Company (NYSE:F - Get Free Report) shares dropped 3% on Friday . The stock traded as low as $12.94 and last traded at $13.1950. Approximately 109,579,444 shares were traded during trading, an increase of 89% from the average session volume of 58,116,805 shares. The stock had previously closed at $13.61.

Analyst Ratings Changes

F has been the subject of a number of analyst reports. The Goldman Sachs Group boosted their target price on shares of Ford Motor from $13.00 to $16.00 and gave the company a "neutral" rating in a research note on Thursday, June 11th. Bank of America upped their price target on Ford Motor from $17.00 to $20.00 and gave the company a "buy" rating in a report on Friday, May 29th. Jefferies Financial Group upgraded shares of Ford Motor from a "hold" rating to a "buy" rating and raised their target price for the stock from $14.50 to $17.50 in a report on Monday, July 27th. Barclays upped their price target on Ford Motor from $13.00 to $14.00 and gave the company an "equal weight" rating in a research report on Thursday, July 9th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Ford Motor in a research note on Wednesday, June 24th. Eight research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $15.68.

Ford Motor Stock Down 3.0%

The firm has a market capitalization of $52.62 billion, a P/E ratio of -7.06, a price-to-earnings-growth ratio of 0.28 and a beta of 1.83. The business has a 50 day moving average price of $14.13 and a 200 day moving average price of $13.51. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.09 and a quick ratio of 0.93.

Ford Motor (NYSE:F - Get Free Report) last announced its earnings results on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.09. Ford Motor had a negative net margin of 3.93% and a positive return on equity of 17.23%. The business had revenue of $48.30 billion for the quarter, compared to analyst estimates of $47.24 billion. During the same quarter in the previous year, the firm posted $0.37 earnings per share. Ford Motor's revenue was down 3.8% compared to the same quarter last year. On average, analysts predict that Ford Motor Company will post 1.86 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date was Tuesday, August 11th. Ford Motor's dividend payout ratio is presently -32.09%.

Institutional Trading of Ford Motor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Norges Bank bought a new position in Ford Motor in the fourth quarter valued at approximately $674,437,000. SBI Okasan Asset Management Co.Ltd. bought a new stake in Ford Motor in the fourth quarter valued at about $1,769,000. TD Asset Management Inc boosted its holdings in Ford Motor by 11.0% during the fourth quarter. TD Asset Management Inc now owns 1,908,234 shares of the auto manufacturer's stock worth $25,036,000 after buying an additional 189,310 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in Ford Motor by 22.4% during the 1st quarter. Public Employees Retirement System of Ohio now owns 2,001,319 shares of the auto manufacturer's stock worth $23,095,000 after acquiring an additional 366,218 shares during the last quarter. Finally, Wealthfront Advisers LLC bought a new position in shares of Ford Motor during the second quarter worth $11,492,000. Institutional investors own 58.74% of the company's stock.

Ford Motor Company Profile

Ford Motor Co is a global automotive company that designs, manufactures, markets and services cars, trucks, sport utility vehicles and commercial vehicles. Its portfolio includes the Ford and Lincoln brands, as well as a range of gasoline-powered, hybrid and electric vehicles. Ford also provides vehicle maintenance, repair and related services through its dealer network.

The company organizes its automotive operations into Ford Blue, which focuses on traditional and hybrid vehicles; Ford Model e, which develops electric vehicles and connected technologies; and Ford Pro, which serves commercial and government customers with vehicles, software and fleet-management services.

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