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The price of Forward Air Corp (NASDAQ: FWRD) closed at $25.5 in the last session, down -1.92% from day before closing price of $26.0. In other words, the price has decreased by -$1.92 from its previous closing price. On the day, 0.88 million shares were traded. FWRD stock price reached its highest trading level at $26.695 during the session, while it also had its lowest trading level at $25.365.
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 5.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.47. 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 15.43 whereas as Long-Term Debt/Eq ratio is at 14.58.
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 796829952 and an Enterprise Value of 2868806912. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 5.69. Its current Enterprise Value per Revenue stands at 1.149 whereas that against EBITDA is 13.155.
Stock Price History:
The Beta on a monthly basis for FWRD is 1.36, which has changed by -0.22350794 over the last 52 weeks, in comparison to a change of 0.14045572 over the same period for the S&P500. Over the past 52 weeks, FWRD has reached a high of $35.47, while it has fallen to a 52-week low of $9.78. The 50-Day Moving Average of the stock is 17.42%, while the 200-Day Moving Average is calculated to be 12.65%.
Shares Statistics:
According to the various share statistics, FWRD traded on average about 793.71K shares per day over the past 3-months and 564790 shares per day over the past 10 days. A total of 31.20M shares are outstanding, with a floating share count of 21.45M. Insiders hold about 31.37% of the company’s shares, while institutions hold 89.81% stake in the company. Shares short for FWRD as of 1764288000 were 4268806 with a Short Ratio of 5.38, compared to 1761868800 on 4146856. Therefore, it implies a Short% of Shares Outstanding of 4268806 and a Short% of Float of 19.399999.
Earnings Estimates
Forward Air Corp (FWRD) is presently subject to a detailed evaluation by 4.0 analysts, each offering their unique perspectives on its market standing.The consensus estimate for the next quarter is -$0.2, with high estimates of -$0.09 and low estimates of -$0.32.
Analysts are recommending an EPS of between -$1.09 and -$1.78 for the fiscal current year, implying an average EPS of -$1.46. EPS for the following year is -$0.01, with 3.0 analysts recommending between $0.2 and -$0.12.
Revenue Estimates
According to 5 analysts,. The current quarter’s revenue is expected to be $639.12M. It ranges from a high estimate of $674.18M to a low estimate of $628.2M. As of. The current estimate, Forward Air Corp’s year-ago sales were $632.85MFor the next quarter, 5 analysts are estimating revenue of $632.43M. There is a high estimate of $643.8M for the next quarter, whereas the lowest estimate is $624M.
A total of 5 analysts have provided revenue estimates for FWRD’s current fiscal year. The highest revenue estimate was $2.54B, while the lowest revenue estimate was $2.49B, resulting in an average revenue estimate of $2.5B. In the same quarter a year ago, actual revenue was $2.47BBased on 5 analysts’ estimates, the company’s revenue will be $2.61B in the next fiscal year. The high estimate is $2.65B and the low estimate is $2.57B.
