Thursday, November 24, 2011

Ford Motor Co. (F) shares prices forecast 2012

Ford Motor Co. (F) shares prices forecast 2012 ; Ford Motor Co. (F) shares are trading at $9.83. Ford is a global leader in auto and truck manufacturing. The 50-day moving average is about $10.89 and the 200-day moving average is about $12.95, so these shares are trading below support levels. Ford shares hit a 52 week high of $18.97 and a low of $9.05 earlier this year.

Earnings estimates for Ford are $1.87 per share in 2011 and $1.62 for 2012 which puts the P/E ratio at about 5. The European debt crisis is slowing down demand for cars in Europe and Ford has responded by announcing about 4,000 temporary layoffs. It's good to see that Ford is reacting quickly in order to protect profit margins. Ford has made great progress in terms of the balance sheet, and as that continues, a dividend could be initiated. For the latest updates on the stock market, visit Stock Market Today

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