Market Update: Ford Motor Company (NYSE:F) – Ford Brand SUVs Post Strongest Start since 2004; Ford Vans Have Best Start in 31 Years, Thanks to New Transit

[Business Wire] – Coming off strong results last January, Ford Motor Company’s total U.S. sales of 173,723 vehicles declined 3 percent last month versus a year ago. Read more on this. Ford Motor Co. (F) , valued at $46.24B, started the session at $11.95. Looking at today’s market, F one day range is $11.61 to $12.08 and has traded between $10.44 and $16.74 over the past year. F shares are currently priced at 6.09x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 54.21x earnings multiple for the same period. And for income investors, the company pays shareholders $0.60 per share annually in dividends, yielding 5.03%. Consensus earnings for the current quarter by the 13 sell-side analysts covering the stock is an estimate of $0.46 per share, which would be $0.23 better than the year-ago quarter and a $0.02 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 predicated on a consensus revenue forecast of $35.57 Billion. If reported, that would be a 11.86% 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. Given all the information above, we should disclose to readers that the average price target is $16.38, which is 37.07% above than it 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