Forward Air Corp (NASDAQ:FWRD) price on Thursday, July 03, rose 0.68% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $26.5.
A look at the stock’s price movement, the close in the last trading session was $26.32, moving within a range at $25.98 and $26.706. The beta value (5-Year monthly) was 1.288. Turning to its 52-week performance, $40.92 and $9.78 were the 52-week high and 52-week low respectively. Overall, FWRD moved 47.30% over the past month.
Forward Air Corp’s market cap currently stands at around $806.22 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-07.
Turning to the stock’s technical picture we see that short term indicators suggest on average that FWRD is a 50% Buy. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 2 recommend FWRD as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
FWRD’s current price about 18.92% and 38.44% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 76.86, while 7-day volatility ratio is 5.31% and 6.10% in the 30-day chart. Further, Forward Air Corp (FWRD) has a beta value of 1.41. Analysts have given the company’s stock an average 52-week price target of $35, forecast between a low of $35 and high of $35. Looking at the price targets, the low is -32.08% off current price level while to achieve the yearly target high, price needs to move -32.08%. Nonetheless, investors will most likely welcome a -32.08% jump to $35 which is the analysts’ median price.
If we refocus on Forward Air Corp (NASDAQ:FWRD), historical trading data shows that trading volumes averaged 0.71 over the past 10 days and 752.38K over the past 3 months. The company’s latest data on shares outstanding shows there are 30.41 million shares.
The 32.36% of Forward Air Corp’s shares are in the hands of company insiders while institutional holders own 89.94% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.84 million on 2025-06-13, giving us a short ratio of 8.22. The data shows that as of 2025-06-13 short interest in Forward Air Corp (FWRD) stood at 1812.0000999999997 of shares outstanding, with shares short rising to 3.75 million registered in 2025-05-15. Current price change has pushed the stock 38.82% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the FWRD stock continues to rise going into the next quarter.
