Ford Motor (NYSE:F) Stock Price Down 0.3% – What’s Next?

Shares of Ford Motor (NYSE:F) traded down 0.3% during trading on Friday . The company traded as low as $10.13 and last traded at $10.13. 11,682,986 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 59,265,637 shares. The stock had previously closed at $10.16.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and decreased their target price for the company from $12.00 to $9.00 in a research note on Monday, December 16th. Royal Bank of Canada reiterated a “sector perform” rating and set a $10.00 price objective on shares of Ford Motor in a research report on Tuesday, October 29th. Barclays downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $13.00 to $11.00 in a research report on Wednesday. The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Finally, Sanford C. Bernstein cut Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target on the stock. in a report on Thursday, November 7th. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus price target of $11.67.

Ford Motor Stock Performance

The stock has a market cap of $40.28 billion, a price-to-earnings ratio of 11.52, a price-to-earnings-growth ratio of 1.93 and a beta of 1.64. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The stock’s 50-day simple moving average is $10.31 and its two-hundred day simple moving average is $10.86.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Monday, October 28th. The auto manufacturer reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to analyst estimates of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.39 earnings per share. Analysts forecast that Ford Motor will post 1.77 earnings per share for the current year.

Ford Motor Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Investors of record on Thursday, November 7th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 5.92%. The ex-dividend date of this dividend was Thursday, November 7th. Ford Motor’s dividend payout ratio (DPR) is presently 68.18%.

Institutional Trading of Ford Motor

Large investors have recently added to or reduced their stakes in the company. Journey Strategic Wealth LLC grew its stake in shares of Ford Motor by 79.5% during the fourth quarter. Journey Strategic Wealth LLC now owns 22,026 shares of the auto manufacturer’s stock valued at $218,000 after purchasing an additional 9,757 shares during the last quarter. Precision Wealth Strategies LLC grew its stake in shares of Ford Motor by 16.7% during the fourth quarter. Precision Wealth Strategies LLC now owns 13,988 shares of the auto manufacturer’s stock valued at $138,000 after purchasing an additional 2,000 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. grew its stake in shares of Ford Motor by 5.3% during the fourth quarter. Tokio Marine Asset Management Co. Ltd. now owns 119,928 shares of the auto manufacturer’s stock valued at $1,187,000 after purchasing an additional 6,037 shares during the last quarter. Heck Capital Advisors LLC bought a new stake in shares of Ford Motor during the fourth quarter valued at approximately $93,000. Finally, Austin Private Wealth LLC boosted its stake in Ford Motor by 48.2% in the fourth quarter. Austin Private Wealth LLC now owns 17,235 shares of the auto manufacturer’s stock valued at $171,000 after acquiring an additional 5,607 shares during the last quarter. 58.74% of the stock is owned by institutional investors.

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.