Ford Motor (NYSE:F) Stock Price Up 0.5% – Time to Buy?

Ford Motor (NYSE:F) rose 0.5% on Thursday . The company traded as high as $10.39 and last traded at $10.27. Approximately 15,995,604 shares changed hands during trading, a decline of 74% from the average daily volume of 61,578,352 shares. The stock had previously closed at $10.21.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Barclays lowered Ford Motor from an “overweight” rating to an “equal weight” rating and reduced their price target for the stock from $13.00 to $11.00 in a research report on Wednesday, January 22nd. Deutsche Bank Aktiengesellschaft reduced their price target on Ford Motor from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Wednesday, October 30th. Wolfe Research reissued an “underperform” rating on shares of Ford Motor in a research report on Thursday, December 5th. Jefferies Financial Group downgraded Ford Motor from a “hold” rating to an “underperform” rating and dropped their target price for the stock from $12.00 to $9.00 in a research note on Monday, December 16th. Finally, Royal Bank of Canada restated a “sector perform” rating and set a $10.00 target price on shares of Ford Motor in a research note on Tuesday, October 29th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $11.82.

Ford Motor Stock Down 0.9 %

The business has a fifty day simple moving average of $10.21 and a 200 day simple moving average of $10.73. The firm has a market cap of $40.00 billion, a price-to-earnings ratio of 11.44, a PEG ratio of 1.97 and a beta of 1.64. The company has a debt-to-equity ratio of 2.34, a current ratio of 1.15 and a quick ratio of 0.98.

Institutional Investors Weigh In On Ford Motor

A number of large investors have recently made changes to their positions in F. Hager Investment Management Services LLC purchased a new position in Ford Motor in the fourth quarter worth approximately $26,000. Quarry LP purchased a new position in Ford Motor in the second quarter worth approximately $27,000. Bank of Jackson Hole Trust purchased a new position in Ford Motor in the fourth quarter worth approximately $29,000. Kentucky Trust Co purchased a new position in Ford Motor in the fourth quarter worth approximately $31,000. Finally, Reston Wealth Management LLC purchased a new position in Ford Motor in the third quarter worth approximately $33,000. 58.74% of the stock is currently owned by hedge funds and other institutional investors.

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.