Market Update (NYSE:F): Ford New Vehicle Sales in Europe Rise 18% in February, Gains Share on Strong SUV, Transit and Large Car Sales

[Business Wire] – Ford continued to outpace European auto industry growth in February on the strength of rising demand for its SUVs, commercial vehicles and large cars. Read more on this. Ford Motor Co. (F) , with a current value of $52.32B, began trading this morning at $13.25. Today, shares have traded between $13.15 and $13.28 per share with a trailing 52-week range being $10.44 to $16.74. Ford (F) shares are currently priced at 6.91x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 13.21x earnings multiple for the same period. The company pays shareholders $0.60 per share in dividend income per year, for a current yield of 4.42%. 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. Investors should also note that the full-year EPS estimate of $1.97 is a $0.04 better 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 $35.56 Billion. If realized, that would be a 11.82% increase over the year-ago quarter. In terms of ratings, Credit Suisse downgraded F from Neutral to Underperform (Feb 24, 2016). Previously, Buckingham Research upgraded F from Neutral to Buy. When considering if perhaps the stock is under or overvalued, the average price target is $15.65, which is 18.11% above where the stock opened this morning. See more in (NYSE:F) Similar Articles: Stock Update (NYSE:F): Media Advisory: Details of Ford Motor Company’s February 2016 U.S. Sales Conference Call Market Update (NYSE:F): Ford of Europe New Vehicle Sales Up 10% in January on Strong Demand for SUVs, Commercial Vehicles, Performance Cars 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