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Stock Update: Ford Motor Company (NYSE:F) – Ford Motor Company Supports Innovation, STEM Education with Smithsonian’s Spark!Lab at Michigan Science Center

[Business Wire] – Ford Motor Company has been bringing innovation and mobility together for more than a century. Today, Ford is helping open the world of invention and creativity to a new generation. Read more on this. Ford Motor Co. (F) , currently valued at $53.76B, started trading this morning at $13.34. Today’s price range has been between $13.34 and $13.52 per share with a one year range of $10.44 to $16.11. Ford (F) shares are currently priced at 6.73x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 14.37x earnings multiple for the same period. The company pays shareholders $0.60 per share annually in dividends, yielding 4.59%. Consensus earnings for the current quarter by the 15 sell-side analysts covering the stock is an estimate of $0.47 per share, which would be $0.24 better than the year-ago quarter and a $0.03 sequential increase. The full-year EPS estimate is $1.96, which would be a $0.03 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $35.56 Billion. If realized, that would be a 11.82% increase over the year-ago quarter. Recently, Credit Suisse downgraded F from Neutral to Underperform (Feb 24, 2016). Previously, Buckingham Research upgraded F from Neutral to Buy. The average price target for F shares by the analysts covering the stock is $15.65, which is 17.32% above where the stock opened this morning. See more in (NYSE:F) Similar Articles: Stock Update: Ford Motor Company (NYSE:F) – Ford and Jay Leno to Auction One-of-a-Kind Harley-Davidson Ford F-150 to Benefit National Multiple Sclerosis Society Stock Update: Ford Motor Company (NYSE:F) – Ford Motor Company to Host CFO “Let’s Chat” Market Update: Ford Motor Company (NYSE:F) – Details of Ford Motor Company’s Oct. 27 Briefing on 2015 Third Quarter Results
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