Ford Motor (NYSE:F) Stock Price Up 3.9% – What’s Next?

Ford Motor (NYSE:F) shares shot up 3.9% on Friday . The company traded as high as $9.66 and last traded at $9.66. 40,560,567 shares traded hands during trading, a decline of 46% from the average session volume of 74,437,305 shares. The stock had previously closed at $9.29.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on F. Sanford C. Bernstein lowered Ford Motor from an “outperform” rating to a “market perform” rating and set a $11.00 target price on the stock. in a research note on Thursday, November 7th. Evercore ISI reduced their price objective on Ford Motor from $11.00 to $10.00 and set an “in-line” rating on the stock in a research report on Monday, February 10th. Royal Bank of Canada decreased their price objective on Ford Motor from $10.00 to $9.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 6th. Bank of America cut their target price on shares of Ford Motor from $19.00 to $15.50 and set a “buy” rating for the company in a research note on Thursday, February 6th. Finally, Jefferies Financial Group lowered shares of Ford Motor from a “hold” rating to an “underperform” rating and reduced their target price for the company from $12.00 to $9.00 in a report on Monday, December 16th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Ford Motor has an average rating of “Hold” and a consensus price target of $11.89.

Ford Motor Stock Performance

The stock’s 50 day simple moving average is $9.77 and its two-hundred day simple moving average is $10.42. The company has a market cap of $37.83 billion, a PE ratio of 6.54, a P/E/G ratio of 0.61 and a beta of 1.63. The company has a quick ratio of 1.02, a current ratio of 1.16 and a debt-to-equity ratio of 2.31.

Ford Motor (NYSE:F) last issued its earnings results on Wednesday, February 5th. The auto manufacturer reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04. Ford Motor had a return on equity of 16.88% and a net margin of 3.18%. As a group, research analysts anticipate that Ford Motor will post 1.47 earnings per share for the current year.

Ford Motor Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.29%. The ex-dividend date of this dividend is Tuesday, February 18th. Ford Motor’s payout ratio is currently 41.10%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of F. Hager Investment Management Services LLC acquired a new position in shares of Ford Motor during the fourth quarter worth about $26,000. Bank of Jackson Hole Trust purchased a new stake in shares of Ford Motor during the 4th quarter valued at about $29,000. Flagship Wealth Advisors LLC acquired a new position in Ford Motor during the 4th quarter worth approximately $30,000. Reston Wealth Management LLC purchased a new position in Ford Motor in the 3rd quarter worth approximately $33,000. Finally, Spurstone Advisory Services LLC acquired a new stake in Ford Motor in the fourth quarter valued at approximately $31,000. Hedge funds and other 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.