With 0.71 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.84 million shares. During the session, the Integrated Freight & Logistics company that operates in wider Industrials sector, reached to the highest price of $35.19 whereas the lowest price it dropped to was $33.75. The 52-week range on FWRD shows that it touched its highest point at $68.09 and its lowest point at $11.21 during that stretch. It currently has a 1-year price target of $37.00. With its current market cap of 1.01 billion, FWRD has annualized dividend of $0.24 while the current yield stands at 0.69%. FWRD paid its most recent dividend on 1700524800, while the ex-dividend date for that was 1700524800. Beta for the stock currently stands at 1.01.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FWRD was down-trending over the past week, with a drop of -4.55%, but this was down by -2.19% over a month. Three-month performance surged to 38.64% while six-month performance rose 135.09%. The stock lost -46.04% in the past year, while it has lost -44.58% so far this year. A look at the trailing 12-month EPS for FWRD yields -31.62 with Next year EPS estimates of 0.52. For the next quarter, that number is -0.12. This implies an EPS growth rate of -113.10% for this year and 201.95% for next year. EPS is expected to grow by 13.16% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -32.59%.
Float and Shares Shorts:
At present, 25.67 million FWRD shares are outstanding with a float of 18.84 million shares on hand for trading. On 2024-10-31, short shares totaled 4.4 million, which was 1588.0 higher than short shares on 1727654400. In addition to Mr. Chris C. Ruble as the firm’s President & COO, Mr. Kyle R. Mitchin serves as its Chief People Officer.
Institutional Ownership:
Through their ownership of 1.13767 of FWRD’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, FWRD reported revenue of $643666000.0 and operating income of -$3041000.0. The EBITDA in the recently reported quarter was $45638000.0 and diluted EPS was -$23.47.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FWRD since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FWRD analysts setting a high price target of 45.0 and a low target of 30.94, the average target price over the next 12 months is 36.39. Based on these targets, FWRD could surge 29.16% to reach the target high and fall by -11.19% to reach the target low. Reaching the average price target will result in a growth of 4.45% from current levels.
Analysts have provided yearly estimates in a range of $4.72264 being high and -$5.51316 being low. For FWRD, this leads to a yearly average estimate of -$0.51333. The surprise factor in the prior quarter was -$0.18. Based on analyst estimates, the high estimate for the next quarter is -$0.03 and the low estimate is -$0.1. The average estimate for the next quarter is thus -$0.05.