Is Forward Industries Stock a Good Investment?
Forward Industries Investment Advice | FORD |
- Examine Forward Industries' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Forward Industries' leadership team and their track record. Good management can help Forward Industries navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Apparel, Accessories & Luxury Goods space and any emerging trends that could impact Forward Industries' business and its evolving consumer preferences.
- Compare Forward Industries' performance and market position to its competitors. Analyze how Forward Industries is positioned in terms of product offerings, innovation, and market share.
- Check if Forward Industries pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Forward Industries' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Forward Industries stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Forward Industries is a good investment.
Sell | Buy |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Forward Industries Stock
Researching Forward Industries' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 28.0% of the company shares are held by company insiders. The company recorded a loss per share of 2.06. Forward Industries had not issued any dividends in recent years. The entity had 1:10 split on the 18th of June 2024.
To determine if Forward Industries is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Forward Industries' research are outlined below:
| Forward Industries had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 29.61 M. Net Loss for the year was (1.95 M) with profit before overhead, payroll, taxes, and interest of 6.07 M. | |
| About 28.0% of the company shares are held by company insiders |
Forward Industries uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Forward Industries. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Forward Industries' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Forward Industries' market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 5.45 M.Forward Industries' profitablity analysis
The company has Profit Margin (PM) of (0.08) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.07) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.07.Determining Forward Industries' profitability involves analyzing its financial statements and using various financial metrics to determine if Forward Industries is a good buy. For example, gross profit margin measures Forward Industries' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Forward Industries' profitability and make more informed investment decisions.
Please note, the presentation of Forward Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Forward Industries' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Forward Industries' management manipulating its earnings.
Basic technical analysis of Forward Stock
As of the 26th of February, Forward Industries shows the Downside Deviation of 3.39, mean deviation of 2.98, and Coefficient Of Variation of 927.63. Forward Industries technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Forward Industries variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Forward Industries is priced favorably, providing market reflects its regular price of 5.01 per share. Given that Forward Industries has jensen alpha of 0.4249, we urge you to verify Forward Industries's prevailing market performance to make sure the company can sustain itself at a future point.Forward Industries' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Forward Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Forward Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Forward Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Sangita Shah over a year ago Acquisition by Sangita Shah of 110803 shares of Forward Industries subject to Rule 16b-3 | ||
James Ziglar over a year ago Acquisition by James Ziglar of 14045 shares of Forward Industries subject to Rule 16b-3 |
Forward Industries' Outstanding Corporate Bonds
Forward Industries issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Forward Industries uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Forward bonds can be classified according to their maturity, which is the date when Forward Industries has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Understand Forward Industries' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Forward Industries' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0875 | |||
| Market Risk Adjusted Performance | (34.26) | |||
| Mean Deviation | 2.98 | |||
| Semi Deviation | 3.09 | |||
| Downside Deviation | 3.39 | |||
| Coefficient Of Variation | 927.63 | |||
| Standard Deviation | 4.03 | |||
| Variance | 16.28 | |||
| Information Ratio | 0.1069 | |||
| Jensen Alpha | 0.4249 | |||
| Total Risk Alpha | 0.4604 | |||
| Sortino Ratio | 0.1271 | |||
| Treynor Ratio | (34.27) | |||
| Maximum Drawdown | 22.29 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 7.49 | |||
| Downside Variance | 11.52 | |||
| Semi Variance | 9.53 | |||
| Expected Short fall | (3.58) | |||
| Skewness | 0.9418 | |||
| Kurtosis | 1.99 |
| Risk Adjusted Performance | 0.0875 | |||
| Market Risk Adjusted Performance | (34.26) | |||
| Mean Deviation | 2.98 | |||
| Semi Deviation | 3.09 | |||
| Downside Deviation | 3.39 | |||
| Coefficient Of Variation | 927.63 | |||
| Standard Deviation | 4.03 | |||
| Variance | 16.28 | |||
| Information Ratio | 0.1069 | |||
| Jensen Alpha | 0.4249 | |||
| Total Risk Alpha | 0.4604 | |||
| Sortino Ratio | 0.1271 | |||
| Treynor Ratio | (34.27) | |||
| Maximum Drawdown | 22.29 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 7.49 | |||
| Downside Variance | 11.52 | |||
| Semi Variance | 9.53 | |||
| Expected Short fall | (3.58) | |||
| Skewness | 0.9418 | |||
| Kurtosis | 1.99 |
Consider Forward Industries' intraday indicators
Forward Industries intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Forward Industries stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Forward Industries time-series forecasting models is one of many Forward Industries' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Forward Industries' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Forward Stock media impact
Far too much social signal, news, headlines, and media speculation about Forward Industries that are available to investors today. That information is available publicly through Forward media outlets and privately through word of mouth or via Forward internal channels. However, regardless of the origin, that massive amount of Forward data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Forward Industries news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Forward Industries relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Forward Industries' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Forward Industries alpha.
Forward Industries Corporate Management
| Anthony CPA | Chief Officer | Profile | |
| Thomas MCAD | Chief Kablooe | Profile | |
| Bob Wild | Chief Inc | Profile | |
| Anthony Camarda | Treasurer CFO | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forward Industries. If investors know Forward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forward Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Forward Industries is measured differently than its book value, which is the value of Forward that is recorded on the company's balance sheet. Investors also form their own opinion of Forward Industries' value that differs from its market value or its book value, called intrinsic value, which is Forward Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forward Industries' market value can be influenced by many factors that don't directly affect Forward Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Forward Industries' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Forward Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.