Stock Update: Ford Motor Company (NYSE:F) – Ford Fund Donates $100,000 to Gleaners Food Bank to Buy Baby Formula and Diapers, Helping Thousands in Need

[Business Wire] – Ford Mobile Food Pantries rolled through metro Detroit today delivering baby formula and diapers to food banks and other nonprofits. Ford Motor Company Fund – the philanthropic arm of Ford Motor Company – donated $100,000 to Gleaners Community Food Bank to purchase enough formula to feed 7,000 infants for a month. Read more on this. Ford Motor Co. (F) , valued at $53.01B, started trading this morning at $13.12. Shares have traded today between $13.18 and $13.43 per share with the price of the stock fluctuating between $10.44 to $16.74 over the last 52 weeks. Priced at 6.74x this year’s forecasted earnings, F shares are relatively inexpensive compared to the industry’s 12.72x forward p/e ratio. And for passive income investors, the company pays shareholders $0.60 per share annually in dividends, yielding 4.51%. In a review of the consensus earnings estimate this quarter, 15 sell-side analysts are looking at $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 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $35.56 Billion. If reported, 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 19.28% 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” Company Update: Ford Motor Company (NYSE:F) – Ford Motor Company Fund Goes to School with Innovative Education Programs, New Investments
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.