With 0.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.52 million shares. The 52-week range on FWRD shows that it touched its highest point at $40.92 and its lowest point at $11.21 during that stretch. It currently has a 1-year price target of $37.67. Beta for the stock currently stands at 1.05.
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 -10.22%, but this was down by -17.81% over a month. Three-month performance dropped to -20.22% while six-month performance fell -10.16%. The stock lost -30.68% in the past year, while it has lost -14.73% so far this year. A look at the trailing 12-month EPS for FWRD yields -31.62 with Next year EPS estimates of 0.37. For the next quarter, that number is -0.18. This implies an EPS growth rate of -118.24% for this year and 151.28% for next year.
Float and Shares Shorts:
At present, 28.69 million FWRD shares are outstanding with a float of 19.96 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.69426 being high and -$0.74875 being low. For FWRD, this leads to a yearly average estimate of -$0.715. Based on analyst estimates, the high estimate for the next quarter is -$0.03 and the low estimate is -$0.17. The average estimate for the next quarter is thus -$0.1.
