Market Update (NYSE:F): Media Advisory: Details of Ford Motor Company’s June 2016 U.S. Sales Conference Call

[Business Wire] – Ford Motor Company will release its June 2016 U.S. sales results at approximately 9:15 a.m. ET Friday, July 1, 2016. At 10:00 a.m. ET, Erich Merkle, Ford U.S. sales analyst, will host a conference call for the investment community and news media to discuss the results and related market trends. Read more on this. Ford Motor Co. (F) , valued at $50.02B, began trading this morning at $12.79. Today’s price range has been between $12.57 and $12.90 per share with a trailing 52-week range being $10.44 to $15.84. Priced at 6.35x this year’s forecasted earnings, F shares are relatively inexpensive compared to the industry’s 17.24x forward p/e ratio. And for dividend hunters, the company pays shareholders $0.60 per share annually in dividends, yielding 4.54%. Consensus earnings for the current quarter by the 15 sell-side analysts covering the stock is an estimate of $0.61 per share, which would be $0.14 better than the year-ago quarter and a $0.04 sequential increase. The full-year EPS estimate is $2.11, which would be a $0.18 better than last year. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $36.30 Billion. If realized, that would be a 3.42% increase over the year-ago quarter. In terms of ratings, Piper Jaffray Initiated F at Overweight (Jun 10, 2016). Previously, BofA/Merrill downgraded F from Buy to Neutral. When considering if the stock is under or overvalued, the average price target is $15.81, which is 23.61% above where the stock opened this morning. See more in (NYSE:F) Similar Articles: Market Update: Ford Motor Company (NYSE:F) – Media Advisory: Details of Ford Motor Company’s March 2016 U.S. Sales Conference Call Stock Update (NYSE:F): Media Advisory: Details of Ford Motor Company’s February 2016 U.S. Sales Conference Call Stock Update (NYSE:F): Media Advisory: Details of Ford Motor Company’s January 2016 U.S. Sales Conference Call
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