Ford Motor (NYSE:F) Reaches New 52-Week High – Time to Buy?

Ford Motor Company (NYSE:F) shares hit a new 52-week high on Thursday . The stock traded as high as $16.06 and last traded at $15.8750, with a volume of 89189997 shares trading hands. The stock had previously closed at $15.32.

Key Headlines Impacting Ford Motor

Here are the key news stories impacting Ford Motor this week:

• Positive Sentiment: Bank of America raised its price target on Ford to $20 from $17 and reiterated a buy rating, signaling further upside potential. Benzinga article
• Positive Sentiment: Ford has been identified as a top-ranked momentum stock, which can attract traders looking for recent winners and help extend the rally.
• Positive Sentiment: Investors are increasingly focused on Ford’s battery pivot and new subsidiary, viewing it as a possible multi-year growth driver beyond traditional vehicle sales. Benzinga article
• Positive Sentiment: Coverage comparing Ford with General Motors highlighted how legacy automakers are benefiting from AI-related and battery-storage opportunities, not just new-car sales. Barrons article
• Positive Sentiment: Ford has also been discussed on CNBC’s “Final Trades,” which can reinforce bullish sentiment and keep the stock on traders’ radar. Benzinga article

Analyst Upgrades and Downgrades

F has been the topic of several research analyst reports. Morgan Stanley reissued an “equal weight” rating and issued a $14.00 price objective on shares of Ford Motor in a research report on Wednesday, May 13th. UBS Group dropped their price objective on shares of Ford Motor from $15.00 to $14.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Wall Street Zen lowered shares of Ford Motor from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. TD Cowen lowered their price target on shares of Ford Motor from $14.00 to $13.00 and set a “hold” rating on the stock in a research report on Friday, May 1st. Finally, The Goldman Sachs Group lowered their price target on shares of Ford Motor from $15.00 to $13.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 14th. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $13.77.

Ford Motor Stock Up 5.1%

The company has a market cap of $69.70 billion, a price-to-earnings ratio of -11.29, a P/E/G ratio of 0.37 and a beta of 1.65. The stock’s 50-day moving average is $12.72 and its 200-day moving average is $13.13. The company has a current ratio of 1.09, a quick ratio of 0.94 and a debt-to-equity ratio of 2.84.

Ford Motor (NYSE:F) last announced its quarterly earnings results on Wednesday, April 29th. The auto manufacturer reported $0.66 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.48. The business had revenue of $43.25 billion during the quarter, compared to analyst estimates of $42.66 billion. Ford Motor had a negative net margin of 3.22% and a positive return on equity of 15.77%. Ford Motor’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.14 EPS. On average, analysts anticipate that Ford Motor Company will post 1.6 earnings per share for the current fiscal year.

Ford Motor Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, May 12th. Ford Motor’s payout ratio is -38.71%.

Institutional Investors Weigh In On Ford Motor

Several hedge funds have recently made changes to their positions in F. Maripau Wealth Management LLC raised its position in Ford Motor by 1.6% in the 1st quarter. Maripau Wealth Management LLC now owns 46,606 shares of the auto manufacturer’s stock worth $538,000 after buying an additional 749 shares during the last quarter. Summit Financial Wealth Advisors LLC grew its stake in shares of Ford Motor by 7.4% during the 1st quarter. Summit Financial Wealth Advisors LLC now owns 11,727 shares of the auto manufacturer’s stock valued at $135,000 after purchasing an additional 806 shares during the period. Axiom Investment Management LLC bought a new stake in shares of Ford Motor during the 1st quarter valued at about $157,000. Summitry LLC grew its stake in shares of Ford Motor by 84.1% during the 1st quarter. Summitry LLC now owns 25,977 shares of the auto manufacturer’s stock valued at $300,000 after purchasing an additional 11,867 shares during the period. Finally, WNY Asset Management LLC bought a new stake in shares of Ford Motor during the 1st quarter valued at about $417,000. 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.