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FORD

FORD - Forward Industries Inc Stock Price, Fair Value and News

0.53USD-0.01 (-1.85%)Market Closed

Market Summary

FORD
USD0.53-0.01
Market Closed
-1.85%

FORD Stock Price

View Fullscreen

FORD RSI Chart

FORD Valuation

Market Cap

5.3M

Price/Earnings (Trailing)

-1.46

Price/Sales (Trailing)

0.16

EV/EBITDA

4.87

Price/Free Cashflow

4.46

FORD Price/Sales (Trailing)

FORD Profitability

Operating Margin

24.03%

EBT Margin

0.17%

Return on Equity

-158.27%

Return on Assets

-22.4%

Free Cashflow Yield

22.41%

FORD Fundamentals

FORD Revenue

Revenue (TTM)

33.6M

Rev. Growth (Yr)

-26.67%

Rev. Growth (Qtr)

27.21%

FORD Earnings

Earnings (TTM)

-3.7M

Earnings Growth (Yr)

17.68%

Earnings Growth (Qtr)

81.34%

Breaking Down FORD Revenue

Last 7 days

-7.0%

Last 30 days

15.2%

Last 90 days

-24.3%

Trailing 12 Months

-51.4%

How does FORD drawdown profile look like?

FORD Financial Health

Current Ratio

0.93

FORD Investor Care

Diluted EPS (TTM)

-0.37

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202336.7M36.2M36.2M33.6M
202242.8M43.5M38.2M36.3M
202136.3M36.7M39.0M40.9M
202035.4M35.0M34.5M35.8M
201937.5M37.9M37.4M35.6M
201829.0M31.2M34.5M38.3M
201724.4M25.1M24.8M24.5M
201629.0M28.4M27.5M26.9M
201533.4M31.6M30.0M29.2M
201431.3M31.7M33.4M32.9M
201331.8M32.7M30.9M32.4M
201224.2M25.7M29.4M30.2M
201120.9M21.8M22.8M23.0M
20100019.0M19.9M
Get all data in R, Python etc through our Historical Stock Data APIs
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Tracking the Latest Insider Buys and Sells of Forward Industries Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 25, 2023
shah sangita
bought
3,083
1.0279
3,000
-
May 24, 2023
shah sangita
bought
408
1.02
400
-
May 23, 2023
shah sangita
bought
2,758
1.0129
2,723
-
Dec 20, 2022
hrynkow sharon hemond
bought
11,281
1.14478
9,855
-
Dec 19, 2022
ziglar james w
bought
11,327
1.1327
10,000
-
Dec 13, 2021
severino paul jean
sold
-3,980
1.99
-2,000
coo of subsidiary
Dec 13, 2021
maiman mitchell
sold
-6,920
1.73
-4,000
president of subsidiary
Nov 12, 2021
maiman mitchell
sold
-8,800
2.2
-4,000
president of subsidiary
Nov 08, 2021
severino paul jean
sold
-4,440
2.22
-2,000
coo of subsidiary
Oct 12, 2021
maiman mitchell
sold
-12,798
2.133
-6,000
president of subsidiary

1–10 of 50

Which funds bought or sold FORD recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 11, 2024
VANGUARD GROUP INC
reduced
-9.36
-23,932
159,359
 -%
Feb 14, 2024
STATE STREET CORP
unchanged
-
-2,952
40,248
 -%
Feb 14, 2024
BANK OF AMERICA CORP /DE/
unchanged
-
-31.00
729
 -%
Feb 14, 2024
TWO SIGMA SECURITIES, LLC
new
-
22,819
22,819
 -%
Feb 14, 2024
SUSQUEHANNA INTERNATIONAL GROUP, LLP
new
-
26,718
26,718
 -%
Feb 14, 2024
MILLENNIUM MANAGEMENT LLC
new
-
10,612
10,612
 -%
Feb 14, 2024
Royal Bank of Canada
sold off
-100
-
-
 -%
Feb 13, 2024
GEODE CAPITAL MANAGEMENT, LLC
unchanged
-
-1,431
19,508
 -%
Feb 13, 2024
MORGAN STANLEY
unchanged
-
-180
4,236
 -%
Feb 13, 2024
Tower Research Capital LLC (TRC)
reduced
-0.28
-302
6,654
 -%

1–10 of 21

Are Funds Buying or Selling FORD?

Are funds buying FORD calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own FORD
No. of Funds

Unveiling Forward Industries Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
renaissance technologies llc
5.26%
529,340
SC 13G/A
Feb 14, 2023
shah sangita
6.1%
611,040
SC 13G/A
Feb 13, 2023
renaissance technologies llc
5.38%
541,140
SC 13G/A
Feb 11, 2022
renaissance technologies llc
6.06%
609,640
SC 13G/A
Feb 12, 2021
shah sangita
5.3%
550,418
SC 13G
Feb 11, 2021
renaissance technologies llc
7.89%
779,540
SC 13G/A
Feb 13, 2020
renaissance technologies llc
7.38%
703,307
SC 13G/A

Recent SEC filings of Forward Industries Inc

View All Filings
Date Filed Form Type Document
Apr 08, 2024
PRE 14A
PRE 14A
Feb 27, 2024
8-K
Current Report
Feb 14, 2024
8-K
Current Report
Feb 14, 2024
8-K
Current Report
Feb 14, 2024
10-Q
Quarterly Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 05, 2024
8-K
Current Report

Peers (Alternatives to Forward Industries Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
NKE
142.0B
51.6B
 -6.26% -25.98%
27.15
2.75
 1.91% -4.51%
DECK
20.9B
4.1B
 -10.45% 74.12%
28.89
5.08
 15.34% 46.56%
MID-CAP
SKX
8.9B
8.0B
 -5.73% 16.57%
16.26
1.11
 7.47% 46.32%
CROX
7.3B
4.0B
 -5.88% -13.23%
9.21
1.84
 11.46% 46.73%
SHOO
2.9B
2.0B
 -6.22% 9.02%
17.1
1.46
 -6.62% -33.02%
SMALL-CAP
DBI
545.6M
3.1B
 -21.09% -3.34%
18.77
0.18
 -7.25% -82.14%
WEYS
263.7M
318.0M
 -6.60% 7.52%
7.78
0.83
 -9.58% 20.28%
VRA
196.1M
470.8M
 -0.62% 4.94%
25.02
0.42
 -5.84% 113.12%
RCKY
195.5M
461.8M
 7.29% 2.69%
18.75
0.42
 -24.96% -49.05%
FORD
5.3M
33.6M
 15.22% -51.38%
-1.46
0.16
 -7.67% -84.08%

Forward Industries Inc News

Latest updates
Defense World • 13 Apr 2024 • 10:31 am
Forward Industries, Inc. (NASDAQ:FORD) Sees Significant Growth in Short Interest
The Hustle • 23 Feb 2024 • 11:40 am
These common spelling mistakes cost investors millions each year
TipRanks • 2 months ago
Forward Industries Shareholders Approve Key Resolutions.com - TipRanks
Yahoo Finance • 2 months ago
Forward Reports Fiscal 2024 First Quarter Results
TipRanks • 2 months ago
Forward Industries Risks Nasdaq Delisting Over Price Deficit.com - TipRanks
Yahoo Finance • 2 months ago
Ford Motor Company (F) Beats Stock Market Upswing: What Investors Need to Know
GlobeNewswire • 3 months ago
Forward Reports Preliminary Fiscal 2023 Results: Record Revenues for Design Division Drive Profitability From ...
InvestorPlace • 3 months ago
FORD Stock Earnings: Forward Industries Reported Results for Q4 2023
Reuters • 6 months ago
UAW strike could upend GM, Ford financial strategies
Yahoo Finance • 8 months ago
Forward Reports Fiscal 2023 Third Quarter Results

Forward Industries Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue27.2%7,1525,62210,12710,6589,7535,69010,58910,31511,61410,9459,9658,3959,7188,6059,5497,9318,3939,1449,9098,17210,183
Cost Of Revenue117.3%5,5092,5358,3049,1467,7873,6798,6718,0628,9958,9997,7816,6527,4556,9157,7746,4786,6737,0718,0156,8628,880
Gross Profit-46.8%1,6423,0871,8231,5121,9662,0111,9182,2532,6191,9452,1831,7432,2631,6911,7751,4531,7202,0731,8941,3111,303
Operating Expenses----------------3,1201,7493,5641,9442,3861,784
  S&GA Expenses199.2%369-371711773411-628664704738701621578603472464479535528539428470
EBITDA Margin-33.6%0.01*0.02*-0.01*-0.01*0.01*0.02*-0.01*0.01*0.00*0.03*0.03*0.01*---------
Interest Expenses-20.7%19.0024.0025.0027.0028.0029.0030.0031.0033.0033.0046.0047.0046.0043.0037.0044.0051.0051.0052.0053.0045.00
Income Taxes-100.0%-20.00---3.00-------9.00----23.09---
Earnings Before Taxes-120.6%-3811,847-536-870-91.311,048-418-356180-84.09244-8341,199-97.64-215-1,371-81.66-1,842-104-1,130-530
EBT Margin-82.0%0.00*0.01*-0.02*-0.02*0.00*0.01*-0.02*0.00*-0.01*0.01*0.01*0.00*---------
Net Income81.3%-354-1,898-536-870-430-783-418-356180-84.09244-8341,199-106-215-1,371-81.66-1,838-104-1,130-530
Net Income Margin-5.6%-0.11*-0.10*-0.07*-0.07*-0.05*-0.04*-0.02*0.00*-0.01*0.01*0.01*0.00*---------
Free Cashflow-79.0%96.0045956574.00-193348786-8411,072-19637.00106---------
Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-6.0%16,34417,38619,24420,28821,85820,93923,22921,97321,97819,85618,93117,19918,60919,35618,64016,18518,70516,09417,36816,41619,368
  Current Assets-7.7%10,49511,37013,06313,97315,38814,33716,37114,94114,82312,79511,69610,39611,65812,22212,5809,96310,97911,83813,01012,25615,424
    Cash Equivalents-4.8%3,0273,1802,8212,3562,3322,5762,2781,5412,4321,4101,6051,5292,3322,9253,0851,3482,0693,0932,7102,3864,417
  Inventory21.2%4053341,8932,9214,1396514,8723,8972,9722,0631,9072,1491,2571,2767276361,1001,6091,3041,4331,427
  Net PPE-3.2%265274282261262241234247214168184188205215219213221243275307328
  Goodwill0%1,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,7591,1671,1672,1822,1822,1822,1822,182
Liabilities-5.0%14,03114,77014,76015,28415,99814,67316,23214,60114,31512,41211,44010,04510,78312,77312,4589,85711,0428,3837,8536,8308,788
  Current Liabilities4.4%11,30810,83610,58710,90711,4699,97811,30411,04210,5947,2086,1255,1517,4278,8268,4046,5137,6368,2967,4416,4058,335
  Long Term Debt--------------530760----8.0030.00
    LT Debt, Non Current--------------530760----8.0030.00
Shareholder's Equity-11.6%2,3132,6164,4845,0045,8606,2666,9977,3727,6627,4437,4917,1547,8256,5836,1826,3277,6637,7119,5159,58610,581
  Retained Earnings-2.0%-18,040-17,686-15,787-15,251-14,380-13,949-13,166-12,747-12,391-12,571-12,487-12,731-11,896-13,095-12,988-12,773-11,401-11,320-9,481-9,377-8,246
  Additional Paid-In Capital0.3%20,25320,20220,17120,15520,14020,11620,06320,01919,95319,91419,87819,78619,62319,58019,07519,00618,96918,93618,90218,86818,732
Shares Outstanding0%10,06110,06110,06110,06110,06110,06110,06110,06110,06110,0619,9649,897---------
Float----7,800---12,000---18,700---7,400---9,400-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-75.8%11647961299.00-148377797-7771,138-19060.00113-511497-205230-784231562-1,973-789
  Share Based Compensation65.3%51.0031.0017.0015.0024.0053.0044.0066.0039.002.004.0021.0041.0013838.0036.0033.0071.00-1.0012.00
Cashflow From Investing0.2%-19.51-19.56-46.70-24.71-45.11-29.29-10.84-63.48-66.02-6.04-23.29-7.40-30.48-334-28.53-20.78-6.43-3.56-5.40-4.45-19.73
Cashflow From Financing-150.0%-250-100-100-50.00-50.00-50.00-50.00-50.00-50.002.0039.00-909-50.62-3221,971-929-233155-233-53.01857

FORD Income Statement

2023-12-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]  
Revenues, net$ 7,151,951$ 9,752,684
Cost of sales5,509,4657,786,614
Gross profit1,642,4861,966,070
Sales and marketing expenses368,736411,174
General and administrative expenses1,654,0711,682,812
Operating loss(380,321)(127,916)
Fair value adjustment of earnout consideration0(40,000)
Interest income(17,469)0
Interest expense19,01027,958
Other income, net(687)(24,560)
Loss from continuing operations before income taxes(381,175)(91,314)
Provision for income taxes00
Loss from continuing operations(381,175)(91,314)
Income / (loss) from discontinued operations, net of tax26,955(338,961)
Net loss$ (354,220)$ (430,275)
Basic earnings/(loss) per share:  
Basic loss per share from continuing operations$ (0.04)$ (0.01)
Basic earnings/(loss) per share from discontinued operations0.00(0.03)
Basic loss per share(0.04)(0.04)
Diluted earnings/(loss) per share:  
Diluted loss per share from continuing operations(0.04)(0.01)
Diluted earnings/(loss) per share from discontinued operations0.00(0.03)
Diluted loss per share$ (0.04)$ (0.04)
Weighted average common shares outstanding:  
Basic10,061,18510,061,185
Diluted10,061,18510,061,185

FORD Balance Sheet

2023-12-31
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
Dec. 31, 2023
Sep. 30, 2023
Current assets:  
Cash$ 3,026,786$ 3,180,468
Accounts receivable, net6,534,7026,968,778
Inventories, net405,229334,384
Discontinued assets held for sale135,604508,077
Prepaid expenses and other current assets392,282378,512
Total current assets10,494,60311,370,219
Property and equipment, net265,346274,046
Intangible assets, net839,954893,143
Goodwill1,758,6821,758,682
Operating lease right-of-use assets, net2,916,3853,021,315
Other assets68,73768,737
Total assets16,343,70717,386,142
Current liabilities:  
Note payable to Forward China850,0000
Accounts payable392,202518,892
Due to Forward China8,894,2458,246,015
Deferred income250,405297,407
Current portion of operating lease liability425,998416,042
Accrued expenses and other current liabilities494,7241,357,743
Total current liabilities11,307,57410,836,099
Other liabilities:  
Note payable to Forward China01,100,000
Operating lease liability, less current portion2,723,2812,833,782
Total other liabilities2,723,2813,933,782
Total liabilities14,030,85514,769,881
Commitments and contingencies
Shareholders' equity:  
Common stock, par value $0.01 per share; 40,000,000 shares authorized; 10,061,185 shares issued and outstanding at December 31, 2023 and September 30, 2023100,612100,612
Additional paid-in capital20,253,01320,202,202
Accumulated deficit(18,040,773)(17,686,553)
Total shareholders' equity2,312,8522,616,261
Total liabilities and shareholders' equity$ 16,343,707$ 17,386,142

About Forward Industries Inc

FORD
Forward Industries, Inc., together with its subsidiaries, designs, manufactures, sources, markets, and distributes carry and protective solutions. The company operates in three segments: OEM Distribution, Retail Distribution, and Design. The OEM Distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits; and various other portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, GPS location devices, tablets, and firearms. The Retail Distribution segment sources and sells smart-enabled furniture, such as desks and side tables, as well as hot tubs and various other products through online retailer websites. The Design segment provides hardware and software product design and engineering services. The company sells its products to original equipment manufacturers in the United States, China, Germany, Poland, and internationally. Forward Industries, Inc. was incorporated in 1961 and is based in Hauppauge, New York.
 CEO
 WEBSITEhttps://forwardindustries.com
 INDUSTRYFootwear & Accessories
 EMPLOYEES100

Forward Industries Inc Frequently Asked Questions

What is the ticker symbol for Forward Industries Inc? What does FORD stand for in stocks?

FORD is the stock ticker symbol of Forward Industries Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Forward Industries Inc (FORD)?

As of Tue Apr 16 2024, market cap of Forward Industries Inc is 5.33 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FORD stock?

You can check FORD's fair value in chart for subscribers.

What is the fair value of FORD stock?

You can check FORD's fair value in chart for subscribers. The fair value of Forward Industries Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Forward Industries Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FORD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Forward Industries Inc a good stock to buy?

The fair value guage provides a quick view whether FORD is over valued or under valued. Whether Forward Industries Inc is cheap or expensive depends on the assumptions which impact Forward Industries Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FORD.

What is Forward Industries Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 16 2024, FORD's PE ratio (Price to Earnings) is -1.46 and Price to Sales (PS) ratio is 0.16. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FORD PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Forward Industries Inc's stock?

In the past 10 years, Forward Industries Inc has provided -0.107 (multiply by 100 for percentage) rate of return.