Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The price of Forward Air Corp (NASDAQ: FWRD) closed at $26.73 in the last session, down -3.31% from day before closing price of $27.64. In other words, the price has decreased by -$3.31 from its previous closing price. On the day, 0.52 million shares were traded. FWRD stock price reached its highest trading level at $28.16 during the session, while it also had its lowest trading level at $26.5.
Ratios:
We take a closer look at FWRD’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 126.99. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 14.25 whereas as Long-Term Debt/Eq ratio is at 13.47.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FWRD now has a Market Capitalization of 822913472 and an Enterprise Value of 2955094528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 5.39. Its current Enterprise Value per Revenue stands at 1.172 whereas that against EBITDA is 13.295.
Stock Price History:
The Beta on a monthly basis for FWRD is 1.42, which has changed by -0.24491525 over the last 52 weeks, in comparison to a change of 0.1529237 over the same period for the S&P500. Over the past 52 weeks, FWRD has reached a high of $40.92, while it has fallen to a 52-week low of $9.78. The 50-Day Moving Average of the stock is -8.75%, while the 200-Day Moving Average is calculated to be 5.82%.
Shares Statistics:
According to the various share statistics, FWRD traded on average about 587.83K shares per day over the past 3-months and 730780 shares per day over the past 10 days. A total of 30.61M shares are outstanding, with a floating share count of 21.00M. Insiders hold about 31.79% of the company’s shares, while institutions hold 87.19% stake in the company. Shares short for FWRD as of 1757894400 were 3618084 with a Short Ratio of 6.15, compared to 1755216000 on 3280608. Therefore, it implies a Short% of Shares Outstanding of 3618084 and a Short% of Float of 16.790001.
Earnings Estimates
The market rating for Forward Air Corp (FWRD) is a result of the insights provided by 6.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is -$0.17, with high estimates of $0.01 and low estimates of -$0.28.
Analysts are recommending an EPS of between -$0.36 and -$1.3 for the fiscal current year, implying an average EPS of -$0.97. EPS for the following year is $0.23, with 5.0 analysts recommending between $0.36 and $0.08.
Revenue Estimates
According to 5 analysts, . The current quarter’s revenue is expected to be $645.45M. It ranges from a high estimate of $668M to a low estimate of $627.76M. As of . The current estimate, Forward Air Corp’s year-ago sales were $655.94MFor the next quarter, 5 analysts are estimating revenue of $644.19M. There is a high estimate of $664M for the next quarter, whereas the lowest estimate is $619.84M.
A total of 5 analysts have provided revenue estimates for FWRD’s current fiscal year. The highest revenue estimate was $2.56B, while the lowest revenue estimate was $2.48B, resulting in an average revenue estimate of $2.52B. In the same quarter a year ago, actual revenue was $2.47BBased on 5 analysts’ estimates, the company’s revenue will be $2.71B in the next fiscal year. The high estimate is $2.79B and the low estimate is $2.66B.
