Market Update: Ford Motor Company (NYSE:F) – Ford Ohio Assembly Plant Adds All-New Ford F-Series Super Duty Chassis Cab to Truck Lineup

[Business Wire] – Ford today announced that its Ohio Assembly Plant will support additional production of the all-new 2017 Ford F-Series Super Duty chassis cab, part of the toughest, smartest and most capable Super Duty truck lineup ever. Read more on this. Ford Motor Co. (F) , with a current market cap of $47.11B, started trading this morning at $12.06. Looking at today’s market, F one day range is $11.85 to $12.10 with the price of the stock fluctuating between $10.44 to $16.74 over the last 52 weeks. F shares are currently priced at 7.09x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 17.44x earnings multiple for the same period. And for income investors, the company pays shareholders $0.60 per share annually in dividends, yielding 4.94%. According to a consensus of 17 analysts, the earnings estimate of $0.50 per share would be $0.24 better than the year-ago quarter and a $0.02 sequential increase. What we find to be interesting is that the full-year EPS estimate of $1.73 is a $0.57 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $36.40 Billion. If realized, that would be a 7.69% increase over the year-ago quarter. Recently, 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 $16.76, which is 38.97% above where the stock opened this morning. See more in (NYSE:F) Similar Articles: 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 Company Update: Ford Motor Company (NYSE:F) – Ford Motor Company Fund Goes to School with Innovative Education Programs, New Investments