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After finishing at $18.81 in the prior trading day, Forward Air Corp (NASDAQ: FWRD) closed at $18.01, down -4.25%. In other words, the price has decreased by -$4.25 from its previous closing price. On the day, 0.63 million shares were traded. FWRD stock price reached its highest trading level at $18.71 during the session, while it also had its lowest trading level at $17.82.
Ratios:
Our goal is to gain a better understanding of FWRD by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 85.58. 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 554562112 and an Enterprise Value of 2686743040. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 3.63. Its current Enterprise Value per Revenue stands at 1.066 whereas that against EBITDA is 12.088.
Stock Price History:
The Beta on a monthly basis for FWRD is 1.42, which has changed by -0.48465753 over the last 52 weeks, in comparison to a change of 0.18286073 over the same period for the S&P500. Over the past 52 weeks, FWRD has reached a high of $39.89, while it has fallen to a 52-week low of $9.78. The 50-Day Moving Average of the stock is -28.14%, while the 200-Day Moving Average is calculated to be -24.55%.
Shares Statistics:
The stock has traded on average 740.28K shares per day over the past 3-months and 1016940 shares per day over the last 10 days, according to various share statistics. A total of 30.61M shares are outstanding, with a floating share count of 20.99M. Insiders hold about 31.83% of the company’s shares, while institutions hold 87.02% stake in the company. Shares short for FWRD as of 1760486400 were 4486113 with a Short Ratio of 6.06, compared to 1757894400 on 3618084. Therefore, it implies a Short% of Shares Outstanding of 4486113 and a Short% of Float of 20.809999.
Earnings Estimates
The performance of Forward Air Corp (FWRD) in the stock market is under the watchful eye of 4.0 analysts actively 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
5 analysts predict $639.91M in revenue for. The current quarter. 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.
