Forward Air Corp (FWRD)

$26

-1.67

(-6.04%)

Market is closed - opens 7 PM, 29 Jul 2024

Performance

  • $24.95
    $27.80
    $26.00
    downward going graph

    4.04%

    Downside

    Day's Volatility :10.25%

    Upside

    6.47%

    downward going graph
  • $11.21
    $120.06
    $26.00
    downward going graph

    56.88%

    Downside

    52 Weeks Volatility :90.66%

    Upside

    78.34%

    downward going graph

Returns

PeriodForward Air CorpSector (Industrials)Index (Russel 2000)
3 Months
24.25%
1.2%
0.0%
6 Months
-40.56%
9.5%
0.0%
1 Year
-76.94%
12.5%
0.0%
3 Years
-68.91%
19.9%
-20.2%

Highlights

Market Capitalization
668.9M
Book Value
$35.03
Dividend Share
0.72
Dividend Yield
3.79%
Earnings Per Share (EPS)
-2.45
PEG Ratio
2.01
Wall Street Target Price
25.0
Profit Margin
4.45%
Operating Margin TTM
-1.39%
Return On Assets TTM
2.19%
Return On Equity TTM
-7.92%
Revenue TTM
1.6B
Revenue Per Share TTM
60.08
Quarterly Revenue Growth YOY
51.5%
Gross Profit TTM
594.2M
EBITDA
164.9M
Diluted Eps TTM
-2.45
Quarterly Earnings Growth YOY
1.45
EPS Estimate Current Year
-0.77
EPS Estimate Next Year
0.69
EPS Estimate Current Quarter
-0.11
EPS Estimate Next Quarter
0.11

Analyst Recommendation

Buy
    53%Buy
    38%Hold
    7%Sell
Based on 13 Wall street analysts offering stock ratings for Forward Air Corp(by analysts ranked 0 to 5 stars)
Based on 13 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
7
7
8
Hold
5
5
5
Sell
1
1
1

Analyst Forecast

What analysts predicted

Downside of 3.85%

Current $26.00
Target $25.00

Company Financials

FY18Y/Y Change
Revenue
1.3B
↑ 19.99%
Net Income
92.1M
↑ 5.42%
Net Profit Margin
6.97%
↓ 0.96%
FY19Y/Y Change
Revenue
1.4B
↑ 6.78%
Net Income
87.1M
↓ 5.38%
Net Profit Margin
6.18%
↓ 0.79%
FY20Y/Y Change
Revenue
1.3B
↓ 9.98%
Net Income
52.8M
↓ 39.42%
Net Profit Margin
4.16%
↓ 2.02%
FY21Y/Y Change
Revenue
1.7B
↑ 30.94%
Net Income
105.9M
↑ 100.62%
Net Profit Margin
6.37%
↑ 2.21%
FY22Y/Y Change
Revenue
2.0B
↑ 18.71%
Net Income
193.2M
↑ 82.5%
Net Profit Margin
9.79%
↑ 3.42%
FY23Y/Y Change
Revenue
1.4B
↓ 30.54%
Net Income
11.3M
↓ 94.15%
Net Profit Margin
0.82%
↓ 8.97%
Q4 FY22Q/Q Change
Revenue
481.2M
↓ 5.65%
Net Income
42.9M
↓ 17.63%
Net Profit Margin
8.92%
↓ 1.3%
Q1 FY23Q/Q Change
Revenue
427.1M
↓ 11.25%
Net Income
36.4M
↓ 15.31%
Net Profit Margin
8.52%
↓ 0.4%
Q2 FY23Q/Q Change
Revenue
402.2M
↓ 5.83%
Net Income
20.0M
↓ 45.14%
Net Profit Margin
4.96%
↓ 3.56%
Q3 FY23Q/Q Change
Revenue
413.4M
↑ 2.78%
Net Income
9.3M
↓ 53.45%
Net Profit Margin
2.25%
↓ 2.71%
Q4 FY23Q/Q Change
Revenue
338.4M
↓ 18.13%
Net Income
-53.9M
↓ 680.84%
Net Profit Margin
-15.94%
↓ 18.19%
Q1 FY24Q/Q Change
Revenue
541.8M
↑ 60.1%
Net Income
-61.7M
↑ 14.39%
Net Profit Margin
-11.39%
↑ 4.55%
FY18Y/Y Change
Total Assets
760.2M
↑ 10.54%
Total Liabilities
207.0M
↑ 34.2%
FY19Y/Y Change
Total Assets
990.9M
↑ 30.34%
Total Liabilities
413.7M
↑ 99.88%
FY20Y/Y Change
Total Assets
1.0B
↑ 5.74%
Total Liabilities
500.4M
↑ 20.97%
FY21Y/Y Change
Total Assets
1.1B
↑ 6.69%
Total Liabilities
524.2M
↑ 4.74%
FY22Y/Y Change
Total Assets
1.2B
↑ 8.07%
Total Liabilities
500.8M
↓ 4.45%
FY23Y/Y Change
Total Assets
3.0B
↑ 151.73%
Total Liabilities
2.3B
↑ 354.61%
Q4 FY22Q/Q Change
Total Assets
1.2B
↑ 1.86%
Total Liabilities
500.8M
↓ 0.5%
Q1 FY23Q/Q Change
Total Assets
1.2B
↑ 1.53%
Total Liabilities
540.9M
↑ 8.01%
Q2 FY23Q/Q Change
Total Assets
1.2B
↓ 3.42%
Total Liabilities
511.0M
↓ 5.54%
Q3 FY23Q/Q Change
Total Assets
1.2B
↑ 0.51%
Total Liabilities
524.9M
↑ 2.72%
Q4 FY23Q/Q Change
Total Assets
3.0B
↑ 155.43%
Total Liabilities
2.3B
↑ 333.78%
Q1 FY24Q/Q Change
Total Assets
4.0B
↑ 30.19%
Total Liabilities
2.6B
↑ 15.37%
FY18Y/Y Change
Operating Cash Flow
152.6M
↑ 47.59%
Investing Cash Flow
-55.5M
↓ 6.29%
Financing Cash Flow
-75.3M
↑ 54.38%
FY19Y/Y Change
Operating Cash Flow
161.5M
↑ 5.85%
Investing Cash Flow
-63.9M
↑ 15.24%
Financing Cash Flow
-56.0M
↓ 25.64%
FY20Y/Y Change
Operating Cash Flow
84.1M
↓ 47.91%
Investing Cash Flow
-81.5M
↑ 27.52%
Financing Cash Flow
-25.9M
↓ 53.76%
FY21Y/Y Change
Operating Cash Flow
120.3M
↑ 42.98%
Investing Cash Flow
-88.3M
↑ 8.35%
Financing Cash Flow
-34.9M
↑ 34.7%
FY22Y/Y Change
Operating Cash Flow
259.1M
↑ 115.44%
Investing Cash Flow
-104.5M
↑ 18.29%
Financing Cash Flow
-146.1M
↑ 318.84%
Q4 FY22Q/Q Change
Operating Cash Flow
62.3M
↓ 25.86%
Investing Cash Flow
-40.1M
↑ 559.6%
Financing Cash Flow
-23.2M
↓ 70.37%
Q1 FY23Q/Q Change
Operating Cash Flow
66.0M
↑ 5.97%
Investing Cash Flow
-61.5M
↑ 53.66%
Financing Cash Flow
-18.2M
↓ 21.52%
Q2 FY23Q/Q Change
Operating Cash Flow
63.6M
↓ 3.67%
Investing Cash Flow
-9.6M
↓ 84.46%
Financing Cash Flow
-67.8M
↑ 271.34%

Technicals Summary

Sell

Neutral

Buy

Forward Air Corp is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Forward Air Corp
Forward Air Corp
40.67%
-40.56%
-76.94%
-68.91%
-56.45%
Fedex Corporation
Fedex Corporation
0.81%
18.7%
11.36%
0.37%
70.68%
United Parcel Service, Inc.
United Parcel Service, Inc.
-8.01%
-20.23%
-31.08%
-39.45%
5.39%
Zto Express (cayman) Inc.
Zto Express (cayman) Inc.
-11.56%
9.96%
-31.35%
-29.88%
-41.54%
Expeditors Intl. Of Washington Inc.
Expeditors Intl. Of Washington Inc.
-1.89%
-3.91%
-1.09%
-3.67%
63.87%
Jb Hunt Transport Services Inc.
Jb Hunt Transport Services Inc.
8.69%
-17.27%
-15.8%
3.16%
65.9%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Forward Air Corp
Forward Air Corp
10.22
NA
2.01
-0.77
-0.08
0.02
0.04
35.03
Fedex Corporation
Fedex Corporation
17.33
17.33
0.96
17.79
0.16
0.05
0.02
112.9
United Parcel Service, Inc.
United Parcel Service, Inc.
20.97
20.97
1.79
7.57
0.28
0.07
0.05
19.9
Zto Express (cayman) Inc.
Zto Express (cayman) Inc.
13.34
13.34
1.5
1.66
0.15
0.08
0.03
71.71
Expeditors Intl. Of Washington Inc.
Expeditors Intl. Of Washington Inc.
26.22
26.22
1.57
4.96
0.26
0.11
0.01
15.56
Jb Hunt Transport Services Inc.
Jb Hunt Transport Services Inc.
28.14
28.14
2.04
5.66
0.15
0.06
0.01
39.97
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Forward Air Corp
Forward Air Corp
Buy
$668.9M
-56.45%
10.22
4.45%
Fedex Corporation
Fedex Corporation
Buy
$72.9B
70.68%
17.33
4.94%
United Parcel Service, Inc.
United Parcel Service, Inc.
Hold
$110.0B
5.39%
20.97
5.87%
Zto Express (cayman) Inc.
Zto Express (cayman) Inc.
Buy
$15.2B
-41.54%
13.34
21.59%
Expeditors Intl. Of Washington Inc.
Expeditors Intl. Of Washington Inc.
Sell
$17.5B
63.87%
26.22
7.81%
Jb Hunt Transport Services Inc.
Jb Hunt Transport Services Inc.
Buy
$16.7B
65.9%
28.14
4.9%

Insights on Forward Air Corp

  • Increasing Revenue

    Revenue is up for the last 2 quarters, 338.42M → 541.81M (in $), with an average increase of 37.5% per quarter

  • Decreasing Net Profit

    Netprofit is down for the last 8 quarters, 55.43M → -61.71M (in $), with an average decrease of 119.0% per quarter

  • Vs FDX

    In the last 1 year, Fedex Corporation has given 11.4% return, outperforming this stock by 88.3%

  • Vs JBHT

    In the last 3 years, Jb Hunt Transport Services Inc. has given 0.4% return, outperforming this stock by 69.3%

Institutional Holdings

  • BlackRock Inc

    17.72%
  • Vanguard Group Inc

    12.89%
  • Morgan Stanley - Brokerage Accounts

    5.73%
  • State Street Corporation

    4.74%
  • CLEARLAKE CAPITAL GROUP, L.P.

    4.07%
  • Private Management Group Inc

    3.77%

Company Information

forward air corporation is a leading provider of time-definite surface transportation and related logistics services to the north american air freight and expedited ltl market. we provide scheduled surface transportation of cargo as a cost effective, reliable alternative to air transportation. we transport air freight that must be delivered at a specific time, but is less time-sensitive than traditional integrated services. in the past decade, we have greatly expanded our service offerings to include an array of logistics services, including pick-up and delivery, intermodal drayage, pool distribution, and specialized temperature-controlled logistics services. our network of freight terminals are located on or near airports in 92 u.s. and canadian cities, including our central sorting facility in columbus, ohio and 11 regional sort centers that create the most effective linehaul network in the industry.

Organization
Forward Air Corp
Employees
4014
CEO
Mr. Michael L. Hance
Industry
Transportation

FAQs