Ford Motor Company (NYSE:F) – Chrysler Has a Good Day and Ford Looks to February (Update 1)

Ford Motor Company (NYSE:F) [at TheStreet] – Chrysler beats the industry’s January sales trend and scores with a Super Bowl commercial: Ford says it lost sales due to bad weather, but can make them up.
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Ford Motor Co. (F), with a current market cap of $58.71B, started trading this morning at $14.57.
 
Looking at today’s trading action, the company’s one day range from $14.46 to $14.91 with a one year range of $12.10 to $18.02.
 
Priced at 10.61x this year’s forecasted earnings, F shares are relatively inexpensive compared to the industry’s 28.16x forward p/e ratio.
 
And for income investors, the company pays shareholders $0.50 per share annually in dividends, yielding 3.30%.
 
According to a consensus of 17 analysts, the earnings estimate of $0.32 per share would be $0.09 worse than the year-ago quarter and a $0.14 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $1.41 is a $0.21 worse when compared to the previous year’s annual results.
 
The quarterly earnings estimate is predicated on a consensus revenue forecast of $34.10 Billion. If reported, that would be a 0.71% increase over the year-ago quarter.
 
More recently, RBC Capital Mkts downgraded F from Outperform to Sector Perform (Jul 25, 2013). Previously, Barclays downgraded F from Overweight to Equal Weight.
 
When considering if the stock is under or overvalued, the average price target is $17.97, which is 23.34% above where the stock opened this morning.
 
Ford Motor Company (NYSE:F), engages in the development, manufacture, distribution, and service of vehicles, parts, and accessories worldwide. The company operates through two sectors, Automotive and Financial Services.
 
Tag Helper ~ Stock Code: F | Common Company name: Ford | Full Company name: Ford Motor Company (NYSE:F) .

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