Old Dominion Freight Line Tops Q2 Earnings Estimates
FWRD Stock | USD 36.69 0.70 1.94% |
About 59% of all Forward Air's shareholders are looking to take a long position. The analysis of overall sentiment of trading Forward Air stock suggests that some investors are interested 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 |
Old Dominion delivered earnings and revenue surprises of 2.07 percent and 0.04, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock
Read at finance.yahoo.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.
Gross Profit
Gross Profit Comparative Analysis
Forward Air is currently under evaluation in gross profit category among its peers. Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
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
EXPD | Expeditors International | 0.32 | ||||
CHRW | CH Robinson | 0.31 | ||||
HUBG | Hub | 0.1 | ||||
LSTR | Landstar System | 0.20 | ||||
JBHT | JB Hunt | 0.63 |
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 | |
Global Correlations Find global opportunities by holding instruments from different markets | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |