Ford Motor (NYSE:F) Shares Down 0.1% – What’s Next?

Ford Motor (NYSE:F) fell 0.1% during trading on Monday . The stock traded as low as $10.05 and last traded at $10.03. 19,722,584 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 72,319,741 shares. The stock had previously closed at $10.04.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on F. UBS Group reduced their price objective 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. TD Cowen began coverage on Ford Motor in a research note on Friday, March 7th. They issued a “hold” rating and a $10.00 price target for the company. Sanford C. Bernstein cut shares of Ford Motor from a “market perform” rating to an “underperform” rating and cut their price objective for the company from $9.40 to $7.00 in a research note on Wednesday, April 9th. The Goldman Sachs Group reissued a “neutral” rating and set a $9.00 target price (down previously from $11.00) on shares of Ford Motor in a research note on Thursday, April 10th. Finally, Bank of America cut their target price on Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research report on Thursday, February 6th. Five research analysts have rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $9.77.

Ford Motor Stock Performance

The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The firm has a market cap of $39.69 billion, a price-to-earnings ratio of 6.86, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. The firm’s 50 day moving average is $9.64 and its 200-day moving average is $10.10.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a net margin of 3.18% and a return on equity of 16.88%. Sell-side analysts anticipate that Ford Motor will post 1.47 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.99%. The ex-dividend date of this dividend was Tuesday, February 18th. Ford Motor’s payout ratio is currently 41.10%.

Institutional Investors Weigh In On Ford Motor

Several hedge funds have recently made changes to their positions in F. Grove Bank & Trust boosted its position in Ford Motor by 289.1% in the 1st quarter. Grove Bank & Trust now owns 2,533 shares of the auto manufacturer’s stock valued at $25,000 after buying an additional 1,882 shares during the last quarter. Hager Investment Management Services LLC acquired a new position in Ford Motor during the 4th quarter valued at about $26,000. Bank of Jackson Hole Trust bought a new position in shares of Ford Motor in the 4th quarter valued at about $29,000. MorganRosel Wealth Management LLC bought a new stake in shares of Ford Motor during the first quarter worth approximately $30,000. Finally, Flagship Wealth Advisors LLC bought a new position in Ford Motor in the fourth quarter valued at approximately $30,000. 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.