Ford Motor (NYSE:F) Stock Price Up 1.6% – What’s Next?

Shares of Ford Motor (NYSE:F) shot up 1.6% during mid-day trading on Monday . The company traded as high as $10.21 and last traded at $10.17. 60,707,245 shares were traded during trading, an increase of 14% from the average session volume of 53,436,516 shares. The stock had previously closed at $10.01.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on F. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price target for the company. in a research report on Thursday, November 7th. Barclays cut their price objective on shares of Ford Motor from $14.00 to $13.00 and set an “overweight” rating on the stock in a report on Tuesday, October 29th. The Goldman Sachs Group upgraded shares of Ford Motor from a “neutral” rating to a “buy” rating and increased their target price for the company from $12.00 to $13.00 in a report on Tuesday, October 1st. Finally, Jefferies Financial Group cut shares of Ford Motor from a “hold” rating to an “underperform” rating and cut their price target for the stock from $12.00 to $9.00 in a report on Monday, December 16th. Four investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $11.83.

Ford Motor Price 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 $40.43 billion, a PE ratio of 11.56, a PEG ratio of 1.86 and a beta of 1.64. The firm’s fifty day simple moving average is $10.38 and its 200-day simple moving average is $10.91.

Ford Motor (NYSE:F) last announced its earnings results 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 analysts’ expectations 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 was up 5.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.39 earnings per share. On average, research analysts forecast that Ford Motor will post 1.77 earnings per share for the current fiscal year.

Ford Motor Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 5.90%. The ex-dividend date was Thursday, November 7th. Ford Motor’s dividend payout ratio is presently 68.18%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of F. Franklin Resources Inc. grew its stake in Ford Motor by 29.8% in the third quarter. Franklin Resources Inc. now owns 1,464,980 shares of the auto manufacturer’s stock valued at $15,998,000 after purchasing an additional 336,720 shares during the last quarter. Principal Financial Group Inc. boosted its position in Ford Motor by 3.8% in the third quarter. Principal Financial Group Inc. now owns 4,394,681 shares of the auto manufacturer’s stock valued at $46,408,000 after buying an additional 160,409 shares during the last quarter. Worldquant Millennium Advisors LLC acquired a new stake in shares of Ford Motor in the third quarter worth $55,456,000. CHURCHILL MANAGEMENT Corp purchased a new position in shares of Ford Motor during the 4th quarter valued at about $10,853,000. Finally, ING Groep NV raised its position in Ford Motor by 93.4% during the third quarter. ING Groep NV now owns 1,181,128 shares of the auto manufacturer’s stock valued at $12,473,000 after acquiring an additional 570,293 shares in the last quarter. Hedge funds and other 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.