Forward Air Corp Stock Price Down 3.59 percent on Dec 27
FWRD Stock | USD 30.14 0.54 1.76% |
About 59% of Forward Air's investor base is looking to short. The analysis of overall sentiment of trading Forward Air stock suggests that many investors are alarmed at this time. The current market sentiment, together with Forward Air's historical and current headlines, can help investors time the market. In addition, many technical investors use Forward Air stock news signals to limit their universe of possible portfolio assets.
Forward |
Shares of Forward Air Corp fell 3.59 percent in mid-day trading on Dec 27. The stock reached an intraday low of 29.50, before recovering slightly to 29.58,
Read at gurufocus.com
Forward Air Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Forward Air can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Forward Air Fundamental Analysis
We analyze Forward Air's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forward Air using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forward Air based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Forward Air is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Forward Air Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Forward Air stock to make a market-neutral strategy. Peer analysis of Forward Air could also be used in its relative valuation, which is a method of valuing Forward Air by comparing valuation metrics with similar companies.
Peers
Forward Air Related Equities
JBHT | JB Hunt | 0.26 | ||||
EXPD | Expeditors International | 0.13 | ||||
HUBG | Hub | 0.32 | ||||
LSTR | Landstar System | 0.34 | ||||
CHRW | CH Robinson | 0.41 |
Complementary Tools for Forward Stock analysis
When running Forward Air's price analysis, check to measure Forward Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forward Air is operating at the current time. Most of Forward Air's value examination focuses on studying past and present price action to predict the probability of Forward Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forward Air's price. Additionally, you may evaluate how the addition of Forward Air to your portfolios can decrease your overall portfolio volatility.
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like |