Ford Motor (NYSE:F) Trading Up 2.6% – Should You Buy?

Ford Motor Company (NYSE:F)’s share price was up 2.6% during trading on Tuesday . The company traded as high as $15.55 and last traded at $15.32. Approximately 88,156,816 shares were traded during mid-day trading, an increase of 42% from the average daily volume of 61,888,973 shares. The stock had previously closed at $14.93.

Analyst Ratings Changes

A number of equities analysts have recently commented on F shares. Weiss Ratings restated a “buy (b)” rating on shares of Ford Motor in a report on Friday, March 27th. TD Cowen cut their price objective on Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a report on Friday, May 1st. Zacks Research downgraded Ford Motor from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Morgan Stanley restated an “equal weight” rating and issued a $14.00 price objective on shares of Ford Motor in a report on Wednesday, May 13th. Finally, Wall Street Zen downgraded Ford Motor from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $13.56.

Ford Motor Trading Up 5.2%

The firm has a market capitalization of $66.56 billion, a PE ratio of -10.78, a P/E/G ratio of 0.35 and a beta of 1.65. The company has a debt-to-equity ratio of 2.84, a quick ratio of 0.94 and a current ratio of 1.09. The firm has a fifty day moving average of $12.60 and a 200 day moving average of $13.10.

Ford Motor (NYSE:F) last announced its earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating the consensus estimate of $0.18 by $0.48. The business had revenue of $43.25 billion for the quarter, compared to the consensus estimate of $42.66 billion. Ford Motor had a positive return on equity of 15.77% and a negative net margin of 3.22%.The company’s revenue was up 6.4% on a year-over-year basis. During the same period last year, the business posted $0.14 EPS. Equities research analysts expect that Ford Motor Company will post 1.6 EPS for the current year.

Ford Motor Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Tuesday, May 12th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Tuesday, May 12th. Ford Motor’s dividend payout ratio (DPR) is presently -38.71%.

Institutional Investors Weigh In On Ford Motor

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Ford Motor by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 471,705,454 shares of the auto manufacturer’s stock valued at $6,188,776,000 after purchasing an additional 4,087,699 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Ford Motor by 2.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 152,017,084 shares of the auto manufacturer’s stock valued at $1,994,464,000 after purchasing an additional 4,089,779 shares in the last quarter. Geode Capital Management LLC grew its stake in Ford Motor by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 106,600,353 shares of the auto manufacturer’s stock valued at $1,394,697,000 after purchasing an additional 1,255,349 shares in the last quarter. Norges Bank acquired a new stake in Ford Motor during the 4th quarter valued at approximately $674,437,000. Finally, Dimensional Fund Advisors LP grew its stake in Ford Motor by 3.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 47,442,901 shares of the auto manufacturer’s stock valued at $547,379,000 after purchasing an additional 1,585,557 shares in the last quarter. Institutional investors and hedge funds own 58.74% of the company’s stock.

Ford Motor Company Profile

Ford Motor Company (NYSE: F) is an American multinational automaker headquartered in Dearborn, Michigan. Founded by Henry Ford in 1903, the company became an early pioneer of mass-production techniques with the Model T and the adoption of the moving assembly line. Today, Ford designs, manufactures, markets and services a broad range of vehicles and mobility solutions under the Ford and Lincoln brands, spanning passenger cars, SUVs, pickup trucks and commercial vehicles.

Ford’s business activities extend beyond vehicle production to include parts and aftermarket services, fleet and commercial sales, and automotive financing through Ford Motor Credit Company.