Stock Update (NYSE:F): Ford Begins 2016 with Record-breaking Month in China, January Sales Up 36 Percent

[Business Wire] – SHANGHAI–(BUSINESSWIRE)– Ford Motor Company started 2016 with record-breaking sales in China, with 130,832 Ford vehicles sold in January, up 36 percent compared to January 2015. Record sales of the Ford … Read more on this. Ford Motor Co. (F) , currently valued at $45.78B, opened this morning at $11.52. A quick look at the market, the company’s stock traded between $11.44 and $11.70 with the price of the stock fluctuating between $10.44 to $16.74 over the last 52 weeks. F shares are currently priced at 5.82x this year’s forecasted earnings, which makes them relatively expensive compared to the industry ’s -6.55x earnings multiple. The company pays shareholders $0.60 per share in dividend income per year, for a current yield of 4.97%. Consensus earnings for the current quarter by the 12 sell-side analysts covering the stock is an estimate of $0.48 per share, which would be $0.25 better than the year-ago quarter and a $0.04 sequential increase. The full-year EPS estimate is $1.98, which would be a $0.05 better than last year. The quarterly earnings estimate is predicated on a consensus revenue forecast of $35.45 Billion. If reported, that would be a 11.48% 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. Investors should keep in mind is that the average price target is $16.25, which is 41.06% 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 January 2016 U.S. Sales Conference Call Company Update: Ford Motor Company (NYSE:F) – Ford Sets Annual Sales Record in China, More Than 1.1 Million Vehicles Sold in 2015 Stock Update: Ford Motor Company (NYSE:F) – Ford to Host ‘Let’s Chat’ in November and Expanded Investor Day in First Half of 2016
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