Ford Motor (NYSE:F) Stock Jumps 1% – Should You Buy?

Shares of Ford Motor Company (NYSE:F – Get Free Report) traded up 1% during mid-day trading on Tuesday. The company traded as high as $12.31 and last traded at $12.2750. 35,485,852 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 57,191,438 shares. The stock had previously closed at $12.15.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on F. Wells Fargo & Company boosted their price target on Ford Motor from $10.00 to $11.00 and gave the stock an “underweight” rating in a research report on Thursday, June 25th. TD Cowen lifted their price objective on shares of Ford Motor from $13.00 to $15.00 and gave the company a “hold” rating in a research note on Wednesday, July 29th. The Goldman Sachs Group reduced their price objective on shares of Ford Motor from $16.00 to $14.00 and set a “neutral” rating for the company in a report on Tuesday. Jefferies Financial Group upgraded shares of Ford Motor from a “hold” rating to a “buy” rating and increased their target price for the company from $14.50 to $17.50 in a research report on Monday, July 27th. Finally, UBS Group lowered their target price on shares of Ford Motor from $17.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday. Seven analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and an average price target of $15.43.

View Our Latest Research Report on Ford Motor

Ford Motor Trading Up 1.2%

The company has a quick ratio of 0.93, a current ratio of 1.09 and a debt-to-equity ratio of 3.07. The stock has a market capitalization of $48.91 billion, a P/E ratio of -6.55, a PEG ratio of 0.25 and a beta of 1.93. The firm’s 50-day simple moving average is $13.63 and its 200 day simple moving average is $13.54.

Ford Motor (NYSE:F – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The auto manufacturer reported $0.42 earnings per share for the quarter, beating the consensus estimate 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 company had revenue of $48.30 billion during the quarter, compared to analyst estimates of $47.24 billion. During the same quarter last year, the firm posted $0.37 EPS. The business’s revenue for the quarter was down 3.8% on a year-over-year basis. Equities research analysts anticipate that Ford Motor Company will post 1.86 EPS for the current fiscal year.

Ford Motor Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was Tuesday, August 11th. Ford Motor’s dividend payout ratio is -32.09%.

Institutional Investors Weigh In On Ford Motor

Institutional investors and hedge funds have recently modified their holdings of the stock. Artemis Investment Management LLP lifted its holdings in shares of Ford Motor by 57.4% during the third quarter. Artemis Investment Management LLP now owns 1,890,222 shares of the auto manufacturer’s stock valued at $22,796,000 after purchasing an additional 689,178 shares during the last quarter. Avidian Wealth Enterprises LLC raised its holdings in Ford Motor by 24.4% during the 3rd quarter. Avidian Wealth Enterprises LLC now owns 37,876 shares of the auto manufacturer’s stock worth $457,000 after buying an additional 7,424 shares during the period. Vista Investment Partners LLC lifted its stake in Ford Motor by 53.9% during the third quarter. Vista Investment Partners LLC now owns 82,388 shares of the auto manufacturer’s stock valued at $994,000 after buying an additional 28,846 shares in the last quarter. Venture Visionary Partners LLC lifted its stake in Ford Motor by 1.7% during the third quarter. Venture Visionary Partners LLC now owns 95,540 shares of the auto manufacturer’s stock valued at $1,152,000 after buying an additional 1,553 shares in the last quarter. Finally, Central Pacific Bank Trust Division boosted its holdings in shares of Ford Motor by 120.4% in the third quarter. Central Pacific Bank Trust Division now owns 18,033 shares of the auto manufacturer’s stock worth $217,000 after buying an additional 9,850 shares during the period. 58.74% of the stock is owned by institutional investors and hedge funds.

About Ford Motor

(Get Free Report)

Ford Motor Co is an American automobile manufacturer that designs, manufactures, markets and services a broad range of vehicles and mobility-related products. Its lineup includes cars, trucks, sport utility vehicles, commercial vehicles and electric vehicles sold under the Ford brand, as well as luxury vehicles marketed through its Lincoln brand.

Founded by Henry Ford in 1903 and headquartered in Dearborn, Michigan, Ford is one of the world’s oldest major automakers. The company helped popularize mass automobile production and continues to serve customers in North America, South America, Europe and other international markets through manufacturing, sales and distribution operations.

Ford organizes its operations around Ford Blue for gasoline and hybrid vehicles, Model e for electric vehicles, and Ford Pro for commercial customers and related services.

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