Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Forward Air Corp. (FWRD)
NASDAQ:FWRD
Forward Air (FWRD) Stock Price & Analysis
227 Followers
FWRD Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.21 - $120.51
Previous Close$16.8
Volume1.90M
Average Volume (3M)1.29M
Market Cap
$444.17M
Enterprise Value$2.27B
Total Cash (Recent Filing)$121.97M
Total Debt (Recent Filing)$1.95B
Price to Earnings (P/E)―
Beta0.83
Next Earnings
Jul 25, 2024EPS Estimate
-$0.08Last Dividend Ex-Date
Nov 21, 2023Dividend Yield5.73%
Share Statistics
EPS (TTM)-3.79
Shares Outstanding26,438,420
10 Day Avg. Volume2,069,491
30 Day Avg. Volume1,294,140
Standard Deviation0.12
R-Squared0.24
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.26
Price to Sales (P/S)3.47
Price to Cash Flow (P/CF)2.80
P/FCF Ratio2.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.58
Enterprise Value/Gross Profit6.87
Enterprise Value/Ebitda109.60
Forecast
1Y Price Target
$18.50Price Target Upside10.12% Upside
Rating ConsensusHold
Number of Analyst Covering4
Forward Air News
Bulls Say, Bears Say
Bulls Say
Executive AppointmentThe appointment of Jamie Pierson as interim CFO is seen as an incremental positive.
Financial PerformanceImproving international freight trends could indicate potential for better performance for forwarders.
Leadership And Market TrendsWith new leadership and potentially improving freight forwarding trends, the analyst rating has been raised.
Bears Say
Acquisition ImpactFWRD has declined nearly 90% since it announced the Omni acquisition last summer.
Financial PerformanceQ1 results were much weaker than expected, and visibility to improving profitability remains low.
Guidance And Dividend PolicyWithholding guidance due to ongoing Omni integration and suspended its dividend to accelerate de-risking of its capital structure.
---
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
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 $120.50 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 Jul 25, 2024 which is in 53 days.
How were Forward Air Corp.’s earnings last quarter?
Forward Air Corp. released its earnings results on May 09, 2024. The company reported -$0.64 earnings per share for the quarter, missing the consensus estimate of $0.016 by -$0.656.
Is Forward Air Corp. overvalued?
According to Wall Street analysts Forward Air Corp.’s price is currently Undervalued.
Does Forward Air Corp. pay dividends?
Forward Air Corp. pays a Quarterly dividend of $0.24 which represents an annual dividend yield of 5.73%. See more information on Forward Air Corp. dividends here
What is Forward Air Corp.’s EPS estimate?
Forward Air Corp.’s EPS estimate is -$0.08.
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?
Forward Air Corp. reported an EPS of -$0.64 in its last earnings report, missing expectations of $0.016. Following the earnings report the stock price went down -22.083%.
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.
---
Forward Air Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$18.50 (10.12% Upside)
$18.50 (10.12% Upside)
Blogger Sentiment
Bearish
FWRD Sentiment 67%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 254.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $24.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 7.4%
Last 30 Days ▼ 7.4%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-82.60%
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.
---
FWRD Company Deck
---
FWRD Earnings Call
Q1 2024
0:00 / 0:00
---
FWRD Stock 12 Month Forecast
Average Price Target
$18.50
▲(10.12% Upside)
Technical Analysis
Best Analysts Covering FWRD
1 Year
1 Year Success Rate
9/18 ratings generated profit
1 Year Average Return
-15.93%
reiterated a buy rating 7 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 -15.93% per trade.
---