[at noodls] – Ford will build an all-new Edge utility vehicle for global markets at its Oakville Assembly plant, near Toronto, and export to more than 60 countries Adding a new global product at Oakville follows Ford’s …
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Ford Motor Co. (F), currently valued at $59.23B, began trading this morning at $14.90.
A quick look at the market, the company’s traded between $14.88 to $15.03 and has traded between $12.10 and $18.02 over the past 12 months.
F shares are currently priced at 11.00x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 26.03x earnings multiple for the same period.
And for income investors, the company pays shareholders $0.50 per share annually in dividends, yielding 3.40%.
Consensus earnings for the current quarter by the 18 sell-side analysts covering the stock is an estimate of $0.32 per share, which 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 $1.36 is a $0.26 setback 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.
Recently, Argus downgraded F from Buy to Hold (Feb 6, 2014). Previously, RBC Capital Mkts downgraded F from Outperform to Sector Perform.
When considering if perhaps the stock is under or overvalued, the average price target is $17.97, which is 20.60% 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) .