Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Forward Air Corp (NASDAQ: FWRD) closed at $26.32 in the last session, up 6.13% from day before closing price of $24.8. In other words, the price has increased by $6.13 from its previous closing price. On the day, 0.66 million shares were traded. FWRD stock price reached its highest trading level at $26.44 during the session, while it also had its lowest trading level at $24.75.
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 6.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.00. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 13.92 whereas as Long-Term Debt/Eq ratio is at 13.18.
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 800738624 and an Enterprise Value of 2855606784. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.31 while its Price-to-Book (P/B) ratio in mrq is 5.18. Its current Enterprise Value per Revenue stands at 1.122 whereas that against EBITDA is 13.245.
Stock Price History:
The Beta on a monthly basis for FWRD is 1.41, which has changed by 0.40074503 over the last 52 weeks, in comparison to a change of 0.1185931 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 39.12%, while the 200-Day Moving Average is calculated to be -3.83%.
Shares Statistics:
According to the various share statistics, FWRD traded on average about 748.10K shares per day over the past 3-months and 748940 shares per day over the past 10 days. A total of 30.41M shares are outstanding, with a floating share count of 20.58M. Insiders hold about 32.36% of the company’s shares, while institutions hold 89.94% stake in the company. Shares short for FWRD as of 1749772800 were 3837897 with a Short Ratio of 5.13, compared to 1747267200 on 3751670. Therefore, it implies a Short% of Shares Outstanding of 3837897 and a Short% of Float of 18.120001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 1.26.
