The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Forestar Group Inc (NYSE: FOR) closed at $24.27 down -9.41% from its previous closing price of $26.79. In other words, the price has decreased by -$9.41 from its previous closing price. On the day, 0.57 million shares were traded. FOR stock price reached its highest trading level at $26.4 during the session, while it also had its lowest trading level at $23.8001.
Ratios:
For a deeper understanding of Forestar Group Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.45.
On April 16, 2021, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $32.Wells Fargo initiated its Overweight rating on April 16, 2021, with a $32 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 21 ’24 when Parmer Elizabeth sold 680 shares for $29.33 per share. The transaction valued at 19,947 led to the insider holds 1,320 shares of the business.
Parmer Elizabeth bought 680 shares of FOR for $19,947 on Nov 21 ’24. On Sep 27 ’24, another insider, Ringler G.F. (Rick) III, who serves as the Director of the company, sold 2,000 shares for $32.58 each. As a result, the insider received 65,160 and left with 5,951 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FOR now has a Market Capitalization of 1357447808 and an Enterprise Value of 1583210880. As of this moment, Forestar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.06, and their Forward P/E ratio for the next fiscal year is 5.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 1.049 whereas that against EBITDA is 6.492.
Stock Price History:
Over the past 52 weeks, FOR has reached a high of $40.92, while it has fallen to a 52-week low of $24.81. The 50-Day Moving Average of the stock is -13.10%, while the 200-Day Moving Average is calculated to be -22.10%.
Shares Statistics:
For the past three months, FOR has traded an average of 133.60K shares per day and 165620 over the past ten days. A total of 50.65M shares are outstanding, with a floating share count of 18.98M. Insiders hold about 62.55% of the company’s shares, while institutions hold 35.54% stake in the company. Shares short for FOR as of 1735603200 were 403962 with a Short Ratio of 3.02, compared to 1732838400 on 318337. Therefore, it implies a Short% of Shares Outstanding of 403962 and a Short% of Float of 2.12.
Earnings Estimates
Currently, 3.0 analysts are dedicated to thoroughly evaluating and rating the performance of Forestar Group Inc (FOR) in the stock market.The consensus estimate for the next quarter is $0.84, with high estimates of $1.0 and low estimates of $0.73.
Analysts are recommending an EPS of between $4.05 and $3.66 for the fiscal current year, implying an average EPS of $3.81. EPS for the following year is $4.3, with 4.0 analysts recommending between $4.39 and $4.13.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $372.83M this quarter.It ranges from a high estimate of $375M to a low estimate of $370.5M. As of the current estimate, Forestar Group Inc’s year-ago sales were $333.8MFor the next quarter, 3 analysts are estimating revenue of $373.43M. There is a high estimate of $410M for the next quarter, whereas the lowest estimate is $338.28M.
A total of 4 analysts have provided revenue estimates for FOR’s current fiscal year. The highest revenue estimate was $1.67B, while the lowest revenue estimate was $1.62B, resulting in an average revenue estimate of $1.63B. In the same quarter a year ago, actual revenue was $1.51BBased on 4 analysts’ estimates, the company’s revenue will be $1.83B in the next fiscal year. The high estimate is $1.87B and the low estimate is $1.79B.
