As on Thursday, Forward Air Corp. (NASDAQ: FWRD) got off with the flyer as it spiked 2.19% to $31.28, before settling in for the price of $30.61 at the close. Taking a more long-term approach, FWRD posted a 52-week range of $11.21-$79.51.
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The company of the Industrials sector’s yearbook sales growth during the past 5- year span was recorded 2.01%. Meanwhile, its Annual Earning per share during the time was -32.59%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -735.20%. This publicly-traded company’s shares outstanding now amounts to $25.67 million, simultaneously with a float of $19.26 million. The organization now has a market capitalization sitting at $866.46 million. At the time of writing, stock’s 50-day Moving Average stood at $23.38, while the 200-day Moving Average is $36.18.
Forward Air Corp. (FWRD) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Integrated Freight & Logistics industry. Forward Air Corp.’s current insider ownership accounts for 30.46%, in contrast to 100.91% institutional ownership. According to the most recent insider trade that took place on Aug 25 ’23, this organization’s Chief People Officer bought 1,093 shares at the rate of 68.63, making the entire transaction reach 75,013 in total value, affecting insider ownership by 18,896. Preceding that transaction, on Aug 25 ’23, Company’s Chief Operating Officer bought 1,433 for 69.77, making the whole transaction’s value amount to 99,992. This particular insider is now the holder of 28,276 in total.
Forward Air Corp. (FWRD) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
Forward Air Corp.’s EPS decrease for this current 12-month fiscal period is -735.20% and is forecasted to reach 0.29 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 13.16% through the next 5 years, which can be compared against the -32.59% growth it accomplished over the previous five years trading on the market.
Forward Air Corp. (NASDAQ: FWRD) Trading Performance Indicators
Let’s observe the current performance indicators for Forward Air Corp. (FWRD). It’s Quick Ratio in the last reported quarter now stands at 1.33. The Stock has managed to achieve an average true range (ATR) of 2.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.45.
In the same vein, FWRD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -28.63, a figure that is expected to reach -0.15 in the next quarter, and analysts are predicting that it will be 0.29 at the market close of one year from today.
Technical Analysis of Forward Air Corp. (FWRD)
Through scrutinizing the latest numbers posted by the [Forward Air Corp., FWRD], it can be observed that its last 5-days Average volume of 1.0 million was lower the volume of 1.07 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 73.96% While, its Average True Range was 2.15.
Raw Stochastic average of Forward Air Corp. (FWRD) in the period of the previous 100 days is set at 91.17%, which indicates a major rise in contrast to 85.86% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 96.96% that was higher than 94.53% volatility it exhibited in the past 100-days period.
