Company Update: Ford Motor Company (NYSE:F) – Ford Sets Annual Sales Record in China, More Than 1.1 Million Vehicles Sold in 2015

[Business Wire] – SHANGHAI–(BUSINESSWIRE)– Ford Motor Company set a record for sales in China in 2015 as annual sales of Ford vehicles reached 1,115,124, up 3 percent compared to 2014. December also saw record monthly … Read more on this. Ford Motor Co. (F) , with a current market cap of $51.51B, finished yesterday at $12.70. During today’s session, F traded between $12.97 to $13.10 with its 52-week range being $10.44 to $16.74. Ford (F) shares are currently priced at 8.09x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 18.57x earnings multiple for the same period. And for income investors, the company pays shareholders $0.60 per share annually in dividends, yielding 4.26%. In a review of the consensus earnings estimate this quarter, 17 sell-side analysts are looking at $0.47 per share, which would be $0.21 better than the year-ago quarter and a $0.05 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $1.62 is a $0.46 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 $36.23 Billion. If realized, that would be a 7.19% 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. The average price target for F shares is $17.53, which is 38.03% 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 December 2015 U.S. Sales Conference Call Company Update: Ford Motor Company (NYSE:F) – Media Advisory: Details of Ford Motor Company’s August 2015 U.S. Sales Conference Call Company Update: Ford Motor Company (NYSE:F) – Details of Ford Motor Company’s July 28 Briefing on 2015 Second Quarter Results