Market Update: Ford Motor Company (NYSE:F) – Ford Teams With IBM to Make Sitting In Traffic Suck Less

[at TheStreet] – Ford signs a deal with IBM to use its analytics platform to make driving a better experience. Read more on this. Ford Motor Co. (F) , valued at $50.48B, opened at $12.80. A quick look at the market, the company’s stock traded between $12.62 and $12.82 and has traded between $10.44 and $16.74 over the past 12 months. F shares are currently priced at 7.69x 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 passive income investors, the company pays shareholders $0.60 per share annually in dividends, yielding 4.26%. According to a consensus of 17 analysts, the earnings estimate of $0.47 per share would be $0.21 better than the year-ago quarter and a $0.05 sequential decrease. The full-year EPS estimate is $1.63, which would be a $0.47 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $36.23 Billion. If reported, 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. When considering if perhaps the stock is under or overvalued, the average price target is $17.59, which is 37.42% above where the stock 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) – Details of Ford Motor Company’s July 28 Briefing on 2015 Second Quarter Results