Forestar Group Inc (NYSE: FOR) is -5.35% lower on its value in year-to-date trading and has touched a low of $15.39 and a high of $40.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FOR stock was last observed hovering at around $34.16 in the last trading session, with the day’s loss setting it -2.86%.
Currently trading at $31.30, the stock is -17.78% and -12.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.85 million and changing -8.37% at the moment leaves the stock 2.11% off its SMA200. FOR registered 100.51% gain for a year compared to 6-month gain of 26.98%.
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The stock witnessed a -13.03% loss in the last 1 month and extending the period to 3 months gives it a -7.01%, and is -17.54% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.29% over the week and 3.97% over the month.
Forestar Group Inc (FOR) has around 303 employees, a market worth around $1.56B and $1.56B in sales. Current P/E ratio is 7.79 and Fwd P/E is 7.76. Profit margin for the company is 12.99%. Distance from 52-week low is 103.38% and -23.51% from its 52-week high. The company has generated returns on investments over the last 12 months (9.29%).
The EPS is expected to grow by 11.33% this year
The shares outstanding are 49.90M, and float is at 18.21M with Short Float at 2.63%.
Forestar Group Inc (FOR) Insider Activity
The most recent transaction is an insider sale by BARTOK DANIEL C, the company’s Chief Executive Officer. SEC filings show that BARTOK DANIEL C sold 1,000 shares of the company’s common stock on Dec 27 ’23 at a price of $34.23 per share for a total of $34225.0. Following the sale, the insider now owns 20000.0 shares.
Forestar Group Inc disclosed in a document filed with the SEC on Dec 20 ’23 that BARTOK DANIEL C (Chief Executive Officer) sold a total of 949 shares of the company’s common stock. The trade occurred on Dec 20 ’23 and was made at $34.75 per share for $32978.0. Following the transaction, the insider now directly holds 21000.0 shares of the FOR stock.
Still, SEC filings show that on Dec 15 ’23, Ringler G.F. (Rick) III (Director) disposed off 2,000 shares at an average price of $33.24 for $66475.0. The insider now directly holds 7,267 shares of Forestar Group Inc (FOR).
