Ford Motor (NYSE:F) Shares Up 2% – Should You Buy?

Ford Motor Company (NYSE:F)’s share price traded up 2% on Tuesday . The stock traded as high as $14.42 and last traded at $14.2750. Approximately 48,804,228 shares were traded during trading, a decline of 20% from the average daily volume of 60,718,426 shares. The stock had previously closed at $13.99.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on F shares. Royal Bank Of Canada reissued a “sector perform” rating and issued a $13.00 price target on shares of Ford Motor in a report on Friday, May 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Ford Motor in a research report on Wednesday, June 24th. Citigroup raised their target price on Ford Motor from $13.00 to $19.00 and gave the company a “neutral” rating in a report on Monday, June 1st. BNP Paribas Exane lifted their price objective on Ford Motor from $13.00 to $14.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 14th. Finally, UBS Group raised their price target on shares of Ford Motor from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $14.79.

Ford Motor Stock Up 2.0%

The company has a debt-to-equity ratio of 2.84, a current ratio of 1.09 and a quick ratio of 0.94. The firm has a market cap of $56.88 billion, a price-to-earnings ratio of -9.21, a price-to-earnings-growth ratio of 0.32 and a beta of 1.82. The firm has a 50 day moving average price of $14.34 and a 200-day moving average price of $13.41.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.48. The company had revenue of $43.25 billion for the quarter, compared to analysts’ expectations of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. The business’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the firm posted $0.14 earnings per share. As a group, equities analysts predict that Ford Motor Company will post 1.66 EPS for the current fiscal year.

Ford Motor Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Tuesday, May 12th. Ford Motor’s dividend payout ratio is -38.71%.

Institutional Trading of Ford Motor

Institutional investors and hedge funds have recently bought and sold shares of the business. Grove Bank & Trust grew its position in Ford Motor by 110.7% during the fourth quarter. Grove Bank & Trust now owns 1,903 shares of the auto manufacturer’s stock worth $25,000 after buying an additional 1,000 shares in the last quarter. MV Capital Management Inc. bought a new position in Ford Motor in the fourth quarter valued at about $25,000. McMillan Office Inc. acquired a new position in Ford Motor during the 4th quarter worth approximately $26,000. Olistico Wealth LLC acquired a new position in shares of Ford Motor during the fourth quarter worth $26,000. Finally, Murphy Middleton Hinkle & Parker Inc. acquired a new position in Ford Motor in the 4th quarter worth about $29,000. Institutional investors own 58.74% of the company’s stock.

About Ford Motor

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.