Ford Motor (NYSE:F) Shares Down 0.7% – What’s Next?

Ford Motor (NYSE:F)’s share price fell 0.7% during trading on Wednesday . The stock traded as low as $9.58 and last traded at $9.69. 19,508,194 shares traded hands during trading, a decline of 66% from the average session volume of 57,558,316 shares. The stock had previously closed at $9.76.

Analysts Set New Price Targets

F has been the topic of several research analyst reports. Sanford C. Bernstein cut shares of Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 price objective on the stock. in a research note on Thursday, November 7th. Morgan Stanley downgraded Ford Motor from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $16.00 to $12.00 in a research report on Wednesday, September 25th. Wolfe Research restated an “underperform” rating on shares of Ford Motor in a research note on Thursday, December 5th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Ford Motor from $11.00 to $10.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Finally, Wells Fargo & Company reduced their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Tuesday, September 10th. Four equities research analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $11.83.

Ford Motor Stock Performance

The stock has a market capitalization of $38.43 billion, a P/E ratio of 10.99, a P/E/G ratio of 1.89 and a beta of 1.62. 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 stock has a 50 day simple moving average of $10.51 and a two-hundred day simple moving average of $11.06.

Ford Motor (NYSE:F) last issued its earnings results on Monday, October 28th. The auto manufacturer reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. The business had revenue of $46.20 billion during the quarter, compared to the consensus estimate of $45.13 billion. Ford Motor had a net margin of 1.93% and a return on equity of 16.16%. Ford Motor’s revenue was up 5.5% on a year-over-year basis. During the same period last year, the business posted $0.39 EPS. On average, equities analysts forecast that Ford Motor will post 1.81 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 2nd. Shareholders of record on Thursday, November 7th were issued a $0.15 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.60 annualized dividend and a yield of 6.20%. Ford Motor’s dividend payout ratio is currently 68.18%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in F. Quarry LP acquired a new position in Ford Motor in the second quarter valued at about $27,000. Kimelman & Baird LLC bought a new stake in shares of Ford Motor during the 2nd quarter worth approximately $30,000. Reston Wealth Management LLC acquired a new stake in shares of Ford Motor during the 3rd quarter worth approximately $33,000. Access Investment Management LLC bought a new position in Ford Motor in the third quarter valued at approximately $34,000. Finally, Modus Advisors LLC acquired a new position in Ford Motor during the fourth quarter valued at approximately $34,000. 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.