Ford Motor (NYSE:F) Shares Down 0.4% – Time to Sell?

Ford Motor (NYSE:F) was down 0.4% during trading on Monday . The stock traded as low as $11.05 and last traded at $11.06. Approximately 6,956,077 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 53,030,938 shares. The stock had previously closed at $11.10.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Wells Fargo & Company cut their target price on shares of Ford Motor from $10.00 to $9.00 and set an “underweight” rating on the stock in a report on Tuesday, September 10th. Wolfe Research assumed coverage on Ford Motor in a research report on Thursday, September 5th. They set a “peer perform” rating for the company. Barclays dropped their target price on Ford Motor from $16.00 to $14.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $11.00 price target on shares of Ford Motor in a report on Tuesday, September 10th. Finally, The Goldman Sachs Group raised Ford Motor from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $12.00 to $13.00 in a report on Tuesday, October 1st. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $12.56.

Ford Motor Stock Performance

The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 2.30. The company’s 50-day moving average price is $10.79 and its two-hundred day moving average price is $11.73. The company has a market cap of $44.16 billion, a P/E ratio of 11.49, a price-to-earnings-growth ratio of 0.77 and a beta of 1.62.

Ford Motor (NYSE:F) last released its quarterly earnings results on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). Ford Motor had a net margin of 2.13% and a return on equity of 15.28%. The company had revenue of $47.81 billion during the quarter, compared to analyst estimates of $47.79 billion. During the same quarter last year, the business earned $0.72 EPS. The company’s revenue for the quarter was up 6.3% compared to the same quarter last year. As a group, equities analysts forecast that Ford Motor will post 1.88 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of F. Olistico Wealth LLC acquired a new position in Ford Motor in the 2nd quarter valued at approximately $25,000. Family Firm Inc. acquired a new position in shares of Ford Motor in the second quarter worth $26,000. Quarry LP purchased a new stake in shares of Ford Motor during the second quarter worth $27,000. Ridgewood Investments LLC acquired a new stake in Ford Motor during the second quarter valued at $28,000. Finally, Kimelman & Baird LLC purchased a new position in Ford Motor in the second quarter valued at about $30,000. Hedge funds and other institutional investors own 58.74% of the company’s stock.

About Ford Motor

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.