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Forward Air Corp. (FWRD)
NASDAQ:FWRD
FWRD Stock Chart & Stats
Day’s Range― - ―
52-Week Range$9.79 - $40.92
Previous CloseN/A
Volume84.26K
Average Volume (3M)921.85K
Market Cap
$421.08M
Enterprise Value$3.07B
Total Cash (Recent Filing)$44.61M
Total Debt (Recent Filing)$52.83M
Price to Earnings (P/E)―
Beta1.78
Next Earnings
May 07, 2025EPS Estimate
-0.49Last Dividend Ex-Date
Nov 21, 2023Dividend Yield0.86%
Share Statistics
EPS (TTM)-30.74
Shares Outstanding30,402,884
10 Day Avg. Volume1,117,332
30 Day Avg. Volume921,847
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.28
Price to Cash Flow (P/CF)3.00
P/FCF Ratio3.80
Enterprise Value/Market Cap7.30
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit9.04
Enterprise Value/Ebitda-3.03
Forecast
1Y Price Target
$27.33Price Target Upside105.33% Upside
Rating ConsensusHold
Number of Analyst Covering4
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Forward Air News
PremiumCompany Announcements
Forward Air Delays Yearly Financial Report Filing
PremiumCompany Announcements
Forward Air’s Earnings Call: Achievements and Challenges
PremiumCompany Announcements
Forward Air Corporation Reports Strong 2024 Performance
PremiumPre-Earnings
Is FWRD a Buy, Before Earnings?---
Bulls Say, Bears Say
Bulls Say
Cash Flow ImprovementThe cash flow profile should improve in 2025 as transaction and other costs reduce and core operations increase.
Cost Savings InitiativesFWRD has been tracking ahead of plan on the annualized cost savings initiatives and reached $80m, which will be the run-rate in 1Q 2025 and beyond.
Financial FlexibilityAdding the cash to the $277m of availability under the amended reduced revolving credit facility, liquidity at the end of the quarter was $382m with much more financial flexibility.
Bears Say
Expedited LTL Business PerformanceGiven continued weak results from the core Expedited LTL business, 4Q adjusted EBITDA was below expectations.
Operating MarginsThe core Expedited Freight (LTL) business continues to report weak results with operating margins the lowest seen at 2.7% compared to 10.6% in FY 2023.
Revenue PerformanceTotal company revenue of $632.8m was below the estimate of $665.4m with both Expedited Freight and Omni below expectations.
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Ownership Overview
8.93% Insiders
12.70% Mutual Funds
1.19% Other Institutional Investors
57.67% 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 $9.79 and its highest was $40.92 in the past 12 months.
What is Forward Air Corp.’s market cap?
Forward Air Corp.’s market cap is $421.08M.
When is Forward Air Corp.’s upcoming earnings report date?
Forward Air Corp.’s upcoming earnings report date is May 07, 2025 which is in 26 days.
How were Forward Air Corp.’s earnings last quarter?
Forward Air Corp. released its earnings results on Feb 26, 2025. The company reported -$1.23 earnings per share for the quarter, missing the consensus estimate of -$0.178 by -$1.052.
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 $0.239 which represents an annual dividend yield of 0.86%. See more information on Forward Air Corp. dividends here
What is Forward Air Corp.’s EPS estimate?
Forward Air Corp.’s EPS estimate is -0.49.
How many shares outstanding does Forward Air Corp. have?
Forward Air Corp. has 30,402,884 shares outstanding.
What happened to Forward Air Corp.’s price movement after its last earnings report?
Forward Air Corp. reported an EPS of -$1.23 in its last earnings report, missing expectations of -$0.178. Following the earnings report the stock price went down -10.68%.
Which hedge fund is a major shareholder of Forward Air Corp.?
Currently, no hedge funds are holding shares in FWRD
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Forward Air Stock Smart Score
Neutral
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Analyst Consensus
Hold
Average Price Target:
$27.33 (105.33% Upside)
$27.33 (105.33% Upside)
Hedge Fund Trend
Increased
By 386.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 7.5%
Last 30 Days ▼ 7.5%
News Sentiment
Neutral
Bullish news 59%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-53.38%
12-Months-Change
Fundamentals
Return on Equity
-167.82%
Trailing 12-Months
Asset Growth
-7.69%
Trailing 12-Months
Company Description
Forward Air Corp.
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment also offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract, and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.
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FWRD Company Deck
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FWRD Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Neutral
Forward Air demonstrated strong performance in integration and cost savings, with notable achievements in EBITDA and positive cash flow transition. However, these positive aspects were offset by challenges in the Expedited Freight segment and sequential revenue decline, leading to a balanced sentiment.Read More>---
FWRD Stock 12 Month Forecast
Average Price Target
$27.33
▲(105.33% Upside)
Technical Analysis
Best Analysts Covering FWRD
1 Year
1 Year Success Rate
2/12 ratings generated profit
1 Year Average Return
-40.02%
reiterated a buy rating 12 days ago
Copying Bascome Majors's trades and holding each position for 1 Year would result in 16.67% of your transactions generating a profit, with an average return of -40.02% per trade.
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