Company Update: Ford Motor Company (NYSE:F) – Ford Expands First-Ever Factory-Installed Strobe Warning LED Lights to F-150

[Business Wire] – Ford, America’s truck leader and the only automaker to offer an available factory-installed strobe warning LED light kit, is making strobe lights available to F-150 fleet customers for the first time. Read more on this. Ford Motor Co. (F) , with a current value of $54.57B, opened at $13.93. Shares have traded today between $13.69 and $14.03 per share with a trailing 52-week range being $10.44 to $15.94. Priced at 7.12x this year’s forecasted earnings, F shares are relatively inexpensive compared to the industry’s 16.23x forward p/e ratio. The company pays shareholders $0.60 per share in dividend income per year, for a current yield of 4.36%. In a review of the consensus earnings estimate this quarter, 15 sell-side analysts are looking at $0.58 per share, which would be $0.11 better than the year-ago quarter and a $0.01 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 $36.69 Billion. If reported, that would be a 4.53% increase over the year-ago quarter. Recently, Credit Suisse downgraded F from Neutral to Underperform (Feb 24, 2016). Previously, Buckingham Research upgraded F from Neutral to Buy. Given all the information above, we should disclose to readers that the average price target is $15.67, which is 12.49% above than it opened this morning. See more in (NYSE:F) Similar Articles: Stock Update: Ford Motor Company (NYSE:F) – Ford Motor Company Supports Innovation, STEM Education with Smithsonian’s Spark!Lab at Michigan Science Center Market Update: Ford Motor Company (NYSE:F) – Innovative Smartphone App Saves Ford Factory Workers Daily 1-Kilometer Walk, Enhances Quality and Efficiency Stock Update: Ford Motor Company (NYSE:F) – Ford Motor Company to Host CFO “Let’s Chat”