Ford Motor (NYSE:F) Stock Price Down 1.1% – What’s Next?

Ford Motor Company (NYSE:F)’s share price fell 1.1% during trading on Friday . The company traded as low as $13.55 and last traded at $13.5650. 39,601,640 shares were traded during trading, a decline of 37% from the average session volume of 62,660,688 shares. The stock had previously closed at $13.71.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on F shares. UBS Group boosted their price target on Ford Motor from $12.50 to $15.00 and gave the company a “neutral” rating in a research note on Wednesday, January 14th. Barclays raised their price objective on shares of Ford Motor from $12.00 to $13.00 and gave the stock an “equal weight” rating in a report on Friday. Wells Fargo & Company upped their target price on shares of Ford Motor from $10.00 to $11.00 and gave the company an “underweight” rating in a report on Friday, October 24th. HSBC lifted their price target on shares of Ford Motor from $9.80 to $12.80 and gave the stock a “hold” rating in a research note on Tuesday, January 13th. Finally, Piper Sandler upgraded Ford Motor from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $11.00 to $16.00 in a research note on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ford Motor currently has an average rating of “Hold” and a consensus target price of $13.19.

Ford Motor Price Performance

The company has a current ratio of 1.12, a quick ratio of 0.98 and a debt-to-equity ratio of 2.20. The stock has a 50 day simple moving average of $13.38 and a 200-day simple moving average of $12.40. The firm has a market cap of $54.05 billion, a PE ratio of 11.69 and a beta of 1.62.

Ford Motor (NYSE:F) last announced its quarterly earnings data on Thursday, October 23rd. The auto manufacturer reported $0.45 EPS for the quarter, beating the consensus estimate of $0.38 by $0.07. The business had revenue of $50.53 billion for the quarter, compared to the consensus estimate of $43.08 billion. Ford Motor had a return on equity of 11.94% and a net margin of 2.48%.The business’s revenue was up 9.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.49 earnings per share. Equities analysts anticipate that Ford Motor Company will post 1.47 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Swiss National Bank boosted its position in shares of Ford Motor by 7.4% during the 2nd quarter. Swiss National Bank now owns 11,822,986 shares of the auto manufacturer’s stock valued at $128,279,000 after acquiring an additional 813,800 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in Ford Motor by 7.3% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 7,476,340 shares of the auto manufacturer’s stock worth $81,118,000 after purchasing an additional 510,473 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in Ford Motor by 3.2% during the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,055,356 shares of the auto manufacturer’s stock valued at $98,251,000 after purchasing an additional 279,470 shares in the last quarter. Aviva PLC raised its stake in Ford Motor by 1,280.3% during the second quarter. Aviva PLC now owns 2,919,334 shares of the auto manufacturer’s stock valued at $31,675,000 after purchasing an additional 2,707,834 shares in the last quarter. Finally, Mainstay Capital Management LLC ADV lifted its position in Ford Motor by 111.0% during the second quarter. Mainstay Capital Management LLC ADV now owns 124,788 shares of the auto manufacturer’s stock valued at $1,354,000 after purchasing an additional 65,638 shares during the last quarter. 58.74% of the stock is currently owned by institutional investors.

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.