NasdaqGS - Nasdaq Real Time Price USD

Forward Air Corporation (FWRD)

23.04 -0.26 (-1.12%)
At close: April 25 at 4:00 PM EDT
Loading Chart for FWRD
DELL
  • Previous Close 23.30
  • Open 23.30
  • Bid 23.01 x 400
  • Ask 23.09 x 400
  • Day's Range 22.74 - 23.36
  • 52 Week Range 22.08 - 121.38
  • Volume 564,076
  • Avg. Volume 986,722
  • Market Cap (intraday) 607.574M
  • Beta (5Y Monthly) 0.99
  • PE Ratio (TTM) 14.05
  • EPS (TTM) 1.64
  • Earnings Date Apr 29, 2024 - May 3, 2024
  • Forward Dividend & Yield 0.96 (4.17%)
  • Ex-Dividend Date Nov 21, 2023
  • 1y Target Est 35.40

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 shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment 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.

www.forwardaircorp.com

4,014

Full Time Employees

December 31

Fiscal Year Ends

Recent News: FWRD

Performance Overview: FWRD

Trailing total returns as of 4/25/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

FWRD
63.35%
S&P 500
5.84%

1-Year Return

FWRD
78.92%
S&P 500
22.03%

3-Year Return

FWRD
73.13%
S&P 500
20.77%

5-Year Return

FWRD
64.31%
S&P 500
72.46%

Compare To: FWRD

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Statistics: FWRD

Valuation Measures

Annual
As of 4/25/2024
  • Market Cap

    607.57M

  • Enterprise Value

    2.43B

  • Trailing P/E

    14.05

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    0.44

  • Price/Book (mrq)

    0.79

  • Enterprise Value/Revenue

    1.77

  • Enterprise Value/EBITDA

    16.70

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    12.21%

  • Return on Assets (ttm)

    4.35%

  • Return on Equity (ttm)

    5.82%

  • Revenue (ttm)

    1.37B

  • Net Income Avi to Common (ttm)

    41.94M

  • Diluted EPS (ttm)

    1.64

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    121.97M

  • Total Debt/Equity (mrq)

    254.60%

  • Levered Free Cash Flow (ttm)

    205.23M

Research Analysis: FWRD

Analyst Price Targets

24.00
35.40 Average
23.04 Current
55.00 High
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: FWRD

Fair Value

23.04 Current
 

Dividend Score

0 Low
FWRD
Sector Avg.
100 High
 

Hiring Score

0 Low
FWRD
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
FWRD
Sector Avg.
100 High
 

Research Reports: FWRD

  • FWRD: Lowering target price to $25.00

    FORWARD AIR CORP has an Investment Rating of HOLD; a target price of $25.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Low; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • FWRD: Lowering target price to $26.00

    FORWARD AIR CORP has an Investment Rating of HOLD; a target price of $26.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     
  • FWRD: Raising target price to $32.00

    FORWARD AIR CORP has an Investment Rating of HOLD; a target price of $32.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.

    Rating
    Price Target
     
  • FWRD: Lowering target price to $29.00

    FORWARD AIR CORP has an Investment Rating of HOLD; a target price of $29.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.

    Rating
    Price Target
     

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