Ford Motor (NYSE:F) Shares Down 1.2% – Should You Sell?

Shares of Ford Motor (NYSE:F) traded down 1.2% during trading on Tuesday . The company traded as low as $11.07 and last traded at $11.09. 12,146,168 shares traded hands during trading, a decline of 77% from the average session volume of 53,721,938 shares. The stock had previously closed at $11.23.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. The Goldman Sachs Group upgraded Ford Motor from a “neutral” rating to a “buy” rating and upped their price target for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Wells Fargo & Company cut their target price on Ford Motor from $10.00 to $9.00 and set an “underweight” rating for the company in a research note on Tuesday, September 10th. Wolfe Research assumed coverage on Ford Motor in a research note on Thursday, September 5th. They issued a “peer perform” rating for the company. Deutsche Bank Aktiengesellschaft cut their target price on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Wednesday, October 30th. Finally, Morgan Stanley lowered Ford Motor from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $16.00 to $12.00 in a research note on Wednesday, September 25th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Ford Motor has an average rating of “Hold” and an average price target of $12.02.

Ford Motor Stock Performance

The company has a quick ratio of 0.98, a current ratio of 1.15 and a debt-to-equity ratio of 2.34. The firm has a market capitalization of $44.00 billion, a P/E ratio of 12.68, a P/E/G ratio of 2.01 and a beta of 1.62. The stock has a fifty day moving average of $10.77 and a 200-day moving average of $11.52.

Ford Motor (NYSE:F) last posted its quarterly earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02. The firm had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a return on equity of 16.16% and a net margin of 1.93%. The business’s revenue was up 5.5% compared to the same quarter last year. During the same period last year, the company earned $0.39 earnings per share. On average, research analysts anticipate that Ford Motor will post 1.82 EPS for the current year.

Ford Motor Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 7th will be paid a dividend of $0.15 per share. The ex-dividend date is Thursday, November 7th. This represents a $0.60 annualized dividend and a dividend yield of 5.42%. Ford Motor’s dividend payout ratio is currently 68.18%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in F. Olistico Wealth LLC acquired a new stake in Ford Motor in the 2nd quarter worth about $25,000. Family Firm Inc. acquired a new position in shares of Ford Motor during the 2nd quarter worth approximately $26,000. Quarry LP acquired a new position in shares of Ford Motor during the 2nd quarter worth approximately $27,000. Ridgewood Investments LLC acquired a new position in shares of Ford Motor during the 2nd quarter worth approximately $28,000. Finally, Kimelman & Baird LLC acquired a new position in shares of Ford Motor during the 2nd quarter worth approximately $30,000. 58.74% of the stock is currently 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.