Ford Motor (NYSE:F) Trading 2.4% Higher – What’s Next?

Ford Motor (NYSE:F) traded up 2.4% on Monday . The stock traded as high as $10.73 and last traded at $10.53. 35,138,150 shares changed hands during trading, a decline of 53% from the average session volume of 74,928,662 shares. The stock had previously closed at $10.28.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Wells Fargo & Company cut their price target on Ford Motor from $9.00 to $8.00 and set an “underweight” rating on the stock in a report on Thursday, February 6th. Barclays upped their price target on Ford Motor from $8.00 to $9.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 6th. Sanford C. Bernstein downgraded Ford Motor from a “market perform” rating to an “underperform” rating and cut their price target for the stock from $9.40 to $7.00 in a report on Wednesday, April 9th. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a report on Monday, May 5th. Finally, Bank of America lowered their price objective 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. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $10.00.

Ford Motor Stock Up 2.5%

The stock has a market capitalization of $41.75 billion, a PE ratio of 7.22, a P/E/G ratio of 0.61 and a beta of 1.53. The firm has a 50 day moving average of $9.81 and a two-hundred day moving average of $10.05. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last announced its earnings results on Monday, May 5th. The auto manufacturer reported $0.14 EPS for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.16. The firm had revenue of $40.66 billion for the quarter, compared to analysts’ expectations of $35.99 billion. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. Ford Motor’s quarterly revenue was down 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.49 EPS. Equities research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 12th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 5.70%. The ex-dividend date is Monday, May 12th. Ford Motor’s dividend payout ratio (DPR) is 48.00%.

Institutional Investors Weigh In On Ford Motor

Several hedge funds have recently made changes to their positions in F. Atlas Capital Advisors Inc. boosted its holdings in Ford Motor by 21.2% in the first quarter. Atlas Capital Advisors Inc. now owns 5,665 shares of the auto manufacturer’s stock valued at $57,000 after acquiring an additional 989 shares during the last quarter. Pandora Wealth Inc. acquired a new position in Ford Motor in the first quarter valued at $50,000. Donoghue Forlines LLC boosted its holdings in Ford Motor by 1.8% in the first quarter. Donoghue Forlines LLC now owns 151,687 shares of the auto manufacturer’s stock valued at $1,521,000 after acquiring an additional 2,676 shares during the last quarter. Townsquare Capital LLC boosted its holdings in Ford Motor by 28.3% in the first quarter. Townsquare Capital LLC now owns 106,871 shares of the auto manufacturer’s stock valued at $1,072,000 after acquiring an additional 23,604 shares during the last quarter. Finally, Zions Bancorporation National Association UT acquired a new position in Ford Motor in the first quarter valued at $56,000. Institutional investors and hedge funds 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.