Forestar Group Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 11 out of 43 in the Construction & Engineering industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 35.33.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Forestar Group Inc is 9.22, ranking 4 out of 43 in the Construction & Engineering industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 273.00M, representing a year-over-year increase of 9.03%, while its net profit experienced a year-over-year increase of 6.67%.
Key Metrics
The current valuation score of Forestar Group Inc is 8.90, ranking 2 out of 43 in the Construction & Engineering industry. Its current P/E ratio is 8.94, which is 22.11% below the recent high of 10.91 and 50.96% above the recent low of 4.38.
The current earnings forecast score of Forestar Group Inc is 8.50, ranking 8 out of 43 in the Construction & Engineering industry. The average price target is 34.50, with a high of 36.00 and a low of 25.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Forestar Group Inc is 9.53, ranking 17 out of 43 in the Construction & Engineering industry. Currently, the stock price is trading between the resistance level at 31.36 and the support level at 25.66, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Forestar Group Inc is 3.00, ranking 32 out of 43 in the Construction & Engineering industry. The latest institutional shareholding proportion is 39.86%, representing a quarter-over-quarter decrease of 0.75%. The largest institutional shareholder is The Vanguard, holding a total of 2.80M shares, representing 5.49% of shares outstanding, with 3.15% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Construction & Engineering domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Forestar Group Inc is 5.98, ranking 18 out of 43 in the Construction & Engineering industry. The company's beta value is 1.42. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Forestar Group Inc’s latest ESG disclosure leads the Construction & Engineering industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
