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As of close of business last night, Forward Air Corp’s stock clocked out at $20.14, down -3.27% from its previous closing price of $20.82. In other words, the price has decreased by -$3.27 from its previous closing price. On the day, 1.08 million shares were traded. FWRD stock price reached its highest trading level at $20.91 during the session, while it also had its lowest trading level at $19.99.
Ratios:
To gain a deeper understanding of FWRD’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 95.70. 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 620148800 and an Enterprise Value of 2752329728. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 4.06. Its current Enterprise Value per Revenue stands at 1.092 whereas that against EBITDA is 12.383.
Stock Price History:
The Beta on a monthly basis for FWRD is 1.47, which has changed by -0.4890918 over the last 52 weeks, in comparison to a change of 0.13837254 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 -26.08%, while the 200-Day Moving Average is calculated to be -18.19%.
Shares Statistics:
It appears that FWRD traded 661.61K shares on average per day over the past three months and 925540 shares per day over the past ten days. A total of 30.61M shares are outstanding, with a floating share count of 20.99M. Insiders hold about 31.79% of the company’s shares, while institutions hold 87.30% stake in the company. Shares short for FWRD as of 1759190400 were 3764156 with a Short Ratio of 5.69, compared to 1756425600 on 3740462. Therefore, it implies a Short% of Shares Outstanding of 3764156 and a Short% of Float of 17.459999.
Earnings Estimates
The dynamic stock of Forward Air Corp (FWRD) is currently being evaluated by a team of 4.0 analysts, each contributing to its current rating.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 -$1.33 for the fiscal current year, implying an average EPS of -$0.93. EPS for the following year is $0.25, with 4.0 analysts recommending between $0.36 and $0.16.
Revenue Estimates
In. The current quarter, 5 analysts expect revenue to total $639.91M. It ranges from a high estimate of $645M 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 $637.13M. There is a high estimate of $642.6M 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 $2.52B, while the lowest revenue estimate was $2.48B, resulting in an average revenue estimate of $2.51B. In the same quarter a year ago, actual revenue was $2.47BBased on 5 analysts’ estimates, the company’s revenue will be $2.67B in the next fiscal year. The high estimate is $2.69B and the low estimate is $2.64B.
