Forward Air (NASDAQ:FWRD - Get Free Report) is expected to be releasing its earnings data after the market closes on Wednesday, February 26th. Analysts expect Forward Air to post earnings of ($0.12) per share and revenue of $667.40 million for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.
Forward Air Trading Down 7.8 %
Shares of NASDAQ:FWRD traded down $2.37 during midday trading on Friday, hitting $27.98. 748,377 shares of the stock were exchanged, compared to its average volume of 506,202. The stock has a market capitalization of $809.99 million, a price-to-earnings ratio of -1.17 and a beta of 1.03. The company has a debt-to-equity ratio of 5.07, a quick ratio of 1.21 and a current ratio of 1.21. The business's 50-day moving average price is $32.01 and its 200 day moving average price is $33.29. Forward Air has a 12 month low of $11.21 and a 12 month high of $40.92.
Analyst Ratings Changes
Several analysts have recently weighed in on the company. StockNews.com upgraded Forward Air to a "sell" rating in a report on Wednesday, November 6th. Benchmark restated a "hold" rating on shares of Forward Air in a report on Tuesday, January 7th. Finally, Stifel Nicolaus boosted their price target on Forward Air from $34.00 to $36.00 and gave the stock a "hold" rating in a report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average target price of $35.67.
Read Our Latest Stock Report on Forward Air
About Forward Air
(
Get Free Report)
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling.
Further Reading
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