In last trading session, Forward Air Corp (NASDAQ:FWRD) saw 0.43 million shares changing hands with its beta currently measuring 1.34. Company’s recent per share price level of $19.17 trading at $0.29 or 1.54% at ring of the bell on the day assigns it a market valuation of $583.21M. That closing price of FWRD’s stock is at a discount of -113.46% from its 52-week high price of $40.92 and is indicating a premium of 48.98% from its 52-week low price of $9.78. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.79 million shares which gives us an average trading volume of 822.97K if we extend that period to 3-months.
For Forward Air Corp (FWRD), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Forward Air Corp (NASDAQ:FWRD) trade information
Upright in the green during last session for gaining 1.54%, in the last five days FWRD remained trading in the green while hitting it’s week-highest on Friday, 05/16/25 when the stock touched $19.17 price level, adding 1.08% to its value on the day. Forward Air Corp’s shares saw a change of -40.56% in year-to-date performance and have moved 17.46% in past 5-day. Forward Air Corp (NASDAQ:FWRD) showed a performance of 30.76% in past 30-days. Number of shares sold short was 4.01 million shares which calculate 4.2 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 35 to the stock, which implies a rise of 45.23% to its current value. Analysts have been projecting 35 as a low price target for the stock while placing it at a high target of 35. It follows that stock’s current price would drop -82.58% in reaching the projected high whereas dropping to the targeted low would mean a loss of -82.58% for stock’s current value.
Forward Air Corp (NASDAQ:FWRD)’s Major holders
Insiders are in possession of 1.89% of company’s total shares while institution are holding 112.39 percent of that, with stock having share float percentage of 114.55%. Investors also watch the number of corporate investors in a company very closely, which is 112.39% institutions for Forward Air Corp that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at FWRD for having 4.53 million shares of worth $86.24 million. And as of 2024-06-30, it was holding 16.899 of the company’s outstanding shares.
The second largest institutional holder is CLEARLAKE CAPITAL GROUP, L.P., which was holding about 3.83 million shares on 2024-06-30. The number of shares represents firm’s hold over 14.2708 of outstanding shares, having a total worth of $72.83 million.
On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF and SRH Total Return Fund, Inc. are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 1.27 shares of worth $24.27 million or 4.16% of the total outstanding shares. The later fund manager was in possession of 845.22 shares on Feb 28, 2025 , making its stake of worth around $16.2 million in the company or a holder of 2.78% of company’s stock.
