34.72% to Target, Stephens Reaffirms Buy Rating for Forward Air (FWRD) Stock; Home Bancshares (HOMB) Has 3.12 Sentiment

February 10, 2018 - By Annabelle Johnson

Among 9 analysts covering Forward Air (NASDAQ:FWRD), 3 have Buy rating, 0 Sell and 6 Hold. Therefore 33% are positive. Forward Air has $80.0 highest and $42 lowest target. $58.33’s average target is 6.19% above currents $54.93 stock price. Forward Air had 27 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets on Tuesday, September 19 with “Hold”. Robert W. Baird downgraded Forward Air Corporation (NASDAQ:FWRD) on Friday, December 2 to “Neutral” rating. The stock of Forward Air Corporation (NASDAQ:FWRD) has “Peer Perform” rating given on Tuesday, August 1 by Wolfe Research. The stock of Forward Air Corporation (NASDAQ:FWRD) has “Hold” rating given on Monday, October 30 by Cowen & Co. KeyBanc Capital Markets maintained the shares of FWRD in report on Tuesday, October 24 with “Hold” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, October 26 report. The rating was maintained by Robert W. Baird on Thursday, October 5 with “Hold”. Cowen & Co maintained it with “Market Perform” rating and $42 target in Thursday, February 11 report. Robert W. Baird upgraded Forward Air Corporation (NASDAQ:FWRD) rating on Tuesday, November 17. Robert W. Baird has “Outperform” rating and $55 target. The stock of Forward Air Corporation (NASDAQ:FWRD) has “Buy” rating given on Monday, January 8 by Stephens.

Home BancShares, Inc. operates as the bank holding firm for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. The company has market cap of $4.08 billion. The Company’s deposit products include checking, savings, and money market accounts, as well as certificates of deposit. It has a 26.39 P/E ratio. The companyÂ’s loan portfolio comprises non-farm/non-residential real estate, construction/land development, residential mortgage, consumer, agricultural, and commercial and industrial loans.

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics firm in the United State and Canada. The company has market cap of $1.64 billion. The firm operates through four divisions: Expedited LTL, Truckload Premium Services , Intermodal, and Pool Distribution. It has a 19.01 P/E ratio. The Expedited LTL segment provides expedited regional, inter-regional, and national less-than-truckload services, as well as local pick-up and delivery services.

Since September 22, 2017, it had 0 insider purchases, and 1 insider sale for $273,239 activity. On Friday, September 22 McLean Michael P sold $273,239 worth of Forward Air Corporation (NASDAQ:FWRD) or 4,984 shares.

Analysts await Forward Air Corporation (NASDAQ:FWRD) to report earnings on February, 14. They expect $0.62 earnings per share, up 6.90% or $0.04 from last year’s $0.58 per share. FWRD’s profit will be $18.45 million for 22.15 P/E if the $0.62 EPS becomes a reality. After $0.60 actual earnings per share reported by Forward Air Corporation for the previous quarter, Wall Street now forecasts 3.33% EPS growth.

Investors sentiment increased to 1.9 in 2017 Q3. Its up 0.60, from 1.3 in 2017Q2. It increased, as 6 investors sold Forward Air Corporation shares while 44 reduced holdings. 29 funds opened positions while 66 raised stakes. 28.18 million shares or 2.37% less from 28.87 million shares in 2017Q2 were reported. Citigroup Incorporated invested in 12,929 shares or 0% of the stock. Arizona State Retirement System has 0.01% invested in Forward Air Corporation (NASDAQ:FWRD). Neuberger Berman Group Inc Ltd Liability owns 1.66M shares for 0.12% of their portfolio. Chatham Grp holds 20,335 shares or 0.33% of its portfolio. Morgan Stanley holds 84,373 shares or 0% of its portfolio. Cambiar Limited Co invested in 147,147 shares or 0.13% of the stock. Rothschild Asset Inc reported 0.02% of its portfolio in Forward Air Corporation (NASDAQ:FWRD). Parkside National Bank & Trust & invested in 16 shares. Thomson Horstmann Bryant reported 0.11% in Forward Air Corporation (NASDAQ:FWRD). Atlanta Cap Company L L C invested in 686,917 shares or 0.22% of the stock. Northwest Invest Counselors Ltd Limited Liability Company stated it has 13,701 shares or 0.34% of all its holdings. Natixis, a France-based fund reported 4,415 shares. Citadel Advisors Limited Company has invested 0% of its portfolio in Forward Air Corporation (NASDAQ:FWRD). Boothbay Fund Management Ltd Liability Company has 0.08% invested in Forward Air Corporation (NASDAQ:FWRD) for 8,237 shares. California Employees Retirement stated it has 0.01% in Forward Air Corporation (NASDAQ:FWRD).

The stock increased 0.48% or $0.26 during the last trading session, reaching $54.93. About 380,005 shares traded or 106.89% up from the average. Forward Air Corporation (NASDAQ:FWRD) has risen 16.39% since February 10, 2017 and is uptrending. It has underperformed by 0.31% the S&P500.

The stock increased 1.56% or $0.36 during the last trading session, reaching $23.49. About 1.15 million shares traded or 2.40% up from the average. Home Bancshares, Inc. (HOMB) has risen 16.57% since February 10, 2017 and is uptrending. It has underperformed by 0.13% the S&P500.