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Forward Air Corp. (FWRD)
NASDAQ:FWRD
Forward Air (FWRD) Stock Price & Analysis
237 Followers
FWRD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.21 - $119.90
Previous Close$26
Volume627.16K
Average Volume (3M)1.31M
Market Cap
$687.40M
Enterprise Value$2.51B
Total Cash (Recent Filing)$121.97M
Total Debt (Recent Filing)$1.95B
Price to Earnings (P/E)―
Beta0.79
Next Earnings
Oct 23, 2024EPS EstimateN/A
Last Dividend Ex-Date
Nov 21, 2023Dividend Yield3.47%
Share Statistics
EPS (TTM)-3.79
Shares Outstanding26,438,420
10 Day Avg. Volume1,549,381
30 Day Avg. Volume1,308,024
Standard Deviation0.12
R-Squared0.19
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.52
Price to Sales (P/S)4.17
Price to Cash Flow (P/CF)6.10
P/FCF Ratio3.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.75
Enterprise Value/Gross Profit7.61
Enterprise Value/Ebitda121.35
Forecast
1Y Price Target
$20.00Price Target Upside-23.08% Downside
Rating ConsensusHold
Number of Analyst Covering4
Forward Air News
PremiumCompany Announcements
Forward Air Announces New Financial Leadership Team
PremiumCompany Announcements
Forward Air Releases Updated Financial Performance Insights
Bulls Say, Bears Say
Bulls Say
Customer RetentionCustomer and sales force retention remain positive for now, as evidenced by a 'substantial' volume win from a Fortune 500 global technology company and a recently renewed contract from a top 20 legacy FWRD customer.
LeadershipThe new CFO announcement is viewed as an incremental positive.
Market TrendsTranspacific ocean spot rates have surged 65% since the end of 1Q and have basically doubled over the past month.
Bears Say
EarningsCore Q124 EPS well below expectations.
Financial PerformanceQ1 results were much weaker than expected in the first report since closing on the Omni acquisition.
ProfitabilityVisibility to improving profitability remains low, and there is little margin for error to remain compliant with covenants.
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Ownership Overview
12.15% Insiders
37.04% Mutual Funds
35.23% Other Institutional Investors
15.57% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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FWRD FAQ
What was Forward Air Corp.’s price range in the past 12 months?
Forward Air Corp. lowest stock price was $11.21 and its highest was $119.90 in the past 12 months.
What is Forward Air Corp.’s market cap?
Currently, no data Available
When is Forward Air Corp.’s upcoming earnings report date?
Forward Air Corp.’s upcoming earnings report date is Oct 23, 2024 which is in 88 days.
How were Forward Air Corp.’s earnings last quarter?
Currently, no data Available
Is Forward Air Corp. overvalued?
According to Wall Street analysts Forward Air Corp.’s price is currently Overvalued.
Does Forward Air Corp. pay dividends?
Forward Air Corp. pays a Quarterly dividend of $0.24 which represents an annual dividend yield of 3.47%. See more information on Forward Air Corp. dividends here
What is Forward Air Corp.’s EPS estimate?
Forward Air Corp.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Forward Air Corp. have?
Forward Air Corp. has 26,438,420 shares outstanding.
What happened to Forward Air Corp.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Forward Air Corp.?
Among the largest hedge funds holding Forward Air Corp.’s share is Royce & Associates LLC. It holds Forward Air Corp.’s shares valued at 3M.
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Forward Air Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
$20.00 (-23.08% Downside)
$20.00 (-23.08% Downside)
Blogger Sentiment
Neutral
FWRD Sentiment 50%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 254.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 0.7%
Last 30 Days ▼ 1.1%
Last 30 Days ▼ 1.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-78.17%
12-Months-Change
Fundamentals
Return on Equity
-5.86%
Trailing 12-Months
Asset Growth
222.79%
Trailing 12-Months
Company Description
Forward Air Corp.
Forward Air Corp. engages in the provision of less-than-truckload (LTL), truckload, intermodal and pool distribution services. It operates through the following segments: Expedited LTL, Intermodal, and Pool Distribution. The Expedited LTL segment provides expedited regional, inter-regional and national LTL, final mile and truckload services. The Intermodal segment provides first and last-mile high value intermodal container drayage services to and from seaports and railheads. The Pool Distribution segment provides in handling and distribution of time sensitive product. The company was founded by Scott M. Niswonger on October 23, 1981 and is headquartered in Greeneville, TN.
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FWRD Company Deck
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FWRD Earnings Call
Q1 2024
0:00 / 0:00
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FWRD Stock 12 Month Forecast
Average Price Target
$20.00
▼(-23.08% Downside)
Technical Analysis
Best Analysts Covering FWRD
1 Year
1 Year Success Rate
9/18 ratings generated profit
1 Year Average Return
-14.76%
reiterated a buy rating 9 months ago
Copying Jack Atkins's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of -14.76% per trade.
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