In the last trading session, 6.19 million shares of the Forward Air Corp. (NASDAQ:FWRD) were traded, and its beta was 1.02. Most recently the company’s share price was $20.18, and it changed around -$0.68 or -3.26% from the last close, which brings the market valuation of the company to $533.56M. FWRD currently trades at a discount to its 52-week high of $121.38, offering almost -501.49% off that amount. The share price’s 52-week low was $11.21, which indicates that the current value has risen by an impressive 44.45% since then. We note from Forward Air Corp.’s average daily trading volume that its 3-month average coming to 1.24 million.
Forward Air Corp. stock received a consensus recommendation rating of Hold, based on a mean score of 2.67. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 8 recommended FWRD as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Forward Air Corp. is expected to report earnings per share of -0.14 for the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Forward Air Corp. (NASDAQ:FWRD) trade information
Instantly FWRD has showed a red trend with a performance of -3.26% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -67.90% year-to-date, but still down -0.20% over the last five days. On the other hand, Forward Air Corp. (NASDAQ:FWRD) is 60.67% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $88.25, which translates to bulls needing to increase their stock price by 77.13% from its current value. Analyst projections state that FWRD is forecast to be at a low of $23 and a high of $165.
Forward Air Corp. (FWRD) estimates and forecasts
Forward Air Corp. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -69.32 percent over the past six months and at a -111.73% annual growth rate that is well below the industry average of -9.00%. The year-over-year growth rate is expected to be 79.90%, up from the previous year.
Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 650.6M in revenue for the current quarter. 4 analysts expect Forward Air Corp. to make 666.37M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 452.85M and 413.45M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 43.70%. Forecasts for the next quarter put sales growth at 61.20%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -32.59%. Forward Air Corp. earnings are expected to increase by -117.10% in 2024, but the outlook is positive 13.16% per year for the next five years.
FWRD Dividends
Forward Air Corp.’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 2.38 percent and its annual dividend per share was 0.48. It is important to note, however, that the 2.38% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
