Market Update (NYSE:F): Ford Explorer Makes Dramatic Return to TV on ‘The X-Files’

[Business Wire] – Ford Explorer fans should be on the lookout for more than a UFO sighting when the acclaimed pop culture phenomenon “The X-Files” returns to television Sunday. A Ford Explorer Platinum will carry FBI Agent Dana Scully throughout the highly anticipated six-episode series. Read more on this. Ford Motor Co. (F) , valued at $48.18B, started the session at $12.26. Shares have traded today between $12.03 and $12.36 per share with the price of the stock fluctuating between $10.44 to $16.74 over the last 52 weeks. F shares are currently priced at 7.15x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 17.18x earnings multiple. And for those looking to make a return holding the stock, the company pays shareholders $0.60 per share annually in dividends, yielding 5.02%. Consensus earnings for the current quarter by the 17 sell-side analysts covering the stock is an estimate of $0.48 per share, which would be $0.22 better than the year-ago quarter and a $0.04 sequential decrease. Investors should also note that the full-year EPS estimate of $1.68 is a $0.52 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $36.32 Billion. If reported, that would be a 7.46% increase over the year-ago quarter. In terms of ratings, Buckingham Research upgraded F from Neutral to Buy (Oct 15, 2015). Previously, Goldman upgraded F from Neutral to Buy. With the above information in mind, readers should note that the average price target is $17.12, which is 39.64% above where the stock opened this morning. See more in (NYSE:F) Similar Articles: Market Update: Ford Motor Company (NYSE:F) – Ford Earns Top Grade for Water Conservation Market Update (NYSE:F): BraunAbility – the World Leader in Mobility Vehicles – Selects Ford Explorer to Create First-Ever Wheelchair-Accessible SUV Market Update: Ford Motor Company (NYSE:F) – Ford Expands Social Responsibility in Panama with Innovative Ford Driving Dreams Education Initiative