On Friday, Forward Air Corp (NASDAQ: FWRD) was -6.28% drop from the session before settling in for the closing price of $30.87. A 52-week range for FWRD has been $11.21 – $67.20.
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During the last 5-year period, the sales growth of Industrials Sector giant was 2.01%. When this article was written, the company’s average yearly earnings per share was at -113.10%. With a float of $20.12 million, this company’s outstanding shares have now reached $28.69 million.
Let’s determine the extent of company efficiency that accounts for 4014 employees. In terms of profitability, gross margin is 2.05%, operating margin of -1.98%, and the pretax margin is -59.75%.
Forward Air Corp (FWRD) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Forward Air Corp stocks. The insider ownership of Forward Air Corp is 30.50%, while institutional ownership is 93.66%.
Forward Air Corp (FWRD) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -113.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.16% during the next five years compared to -32.59% drop over the previous five years of trading.
Forward Air Corp (NASDAQ: FWRD) Trading Performance Indicators
You can see what Forward Air Corp (FWRD) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.21. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -31.62, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach 0.52 in one year’s time.
Technical Analysis of Forward Air Corp (FWRD)
Looking closely at Forward Air Corp (NASDAQ: FWRD), its last 5-days average volume was 0.63 million, which is a drop from its year-to-date volume of 0.96 million. As of the previous 9 days, the stock’s Stochastic %D was 8.21%. Additionally, its Average True Range was 1.55.
During the past 100 days, Forward Air Corp’s (FWRD) raw stochastic average was set at 44.10%, which indicates a significant increase from 1.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.67% in the past 14 days, which was lower than the 60.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $35.30, while its 200-day Moving Average is $28.01. However, in the short run, Forward Air Corp’s stock first resistance to watch stands at $30.47. Second resistance stands at $32.01. The third major resistance level sits at $32.82. If the price goes on to break the first support level at $28.12, it is likely to go to the next support level at $27.31. Now, if the price goes above the second support level, the third support stands at $25.77.
Forward Air Corp (NASDAQ: FWRD) Key Stats
There are 28,954K outstanding shares of the company, which has a market capitalization of 785.01 million. As of now, sales total 1,371 M while income totals 167,350 K. Its latest quarter income was 655,940 K while its last quarter net income were -73,410 K.
