Forward Air Corp's fundamentals are relatively stable, and its growth potential is significant.Its valuation is considered fairly valued, ranking 24 out of 75 in the Freight & Logistics Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 35.00.In the medium term, the stock price is expected to trend up.Despite a good stock market performance and strong technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Forward Air Corp's Score
Industry at a Glance
Industry Ranking
24 / 75
Overall Ranking
136 / 4563
Industry
Freight & Logistics Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Forward Air Corp Highlights
StrengthsRisks
Forward Air Corporation is an asset-light provider of transportation services across the United States, Canada and Mexico. Its Expedited Freight segment provides expedited regional, inter-regional and national less-than-truckload (LTL) services. Expedited Freight also offers customers local pick-up and delivery and other services including truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage and other handling. The Omni Logistics segment provides a full suite of global logistics services. Services include air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, time-definite transportation services and other supply chain solutions. The Intermodal segment provides first- and last-mile high-value intermodal container drayage services both to and from seaports and railheads. Intermodal also offers dedicated contract and CFS warehouse and handling services, and in select locations, linehaul and LTL services.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 47.31% year-on-year.
Turnaround to Loss
The company's performance has turned to a loss, with the latest annual loss of USD .
Overvalued
The company’s latest PB is 6.21, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 34.48M shares, decreasing 29.29% quarter-over-quarter.
Forward Air Corporation is an asset-light provider of transportation services across the United States, Canada and Mexico. Its Expedited Freight segment provides expedited regional, inter-regional and national less-than-truckload (LTL) services. Expedited Freight also offers customers local pick-up and delivery and other services including truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage and other handling. The Omni Logistics segment provides a full suite of global logistics services. Services include air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, time-definite transportation services and other supply chain solutions. The Intermodal segment provides first- and last-mile high-value intermodal container drayage services both to and from seaports and railheads. Intermodal also offers dedicated contract and CFS warehouse and handling services, and in select locations, linehaul and LTL services.
Ticker SymbolFWRD
CompanyForward Air Corp
CEOStewart (Shawn)
Websitehttps://www.forwardair.com/
FAQs
What is the current price of Forward Air Corp (FWRD)?
The current price of Forward Air Corp (FWRD) is 27.800.
What is the symbol of Forward Air Corp?
The ticker symbol of Forward Air Corp is FWRD.
What is the 52-week high of Forward Air Corp?
The 52-week high of Forward Air Corp is 35.470.
What is the 52-week low of Forward Air Corp?
The 52-week low of Forward Air Corp is 9.785.
What is the market capitalization of Forward Air Corp?
The market capitalization of Forward Air Corp is 867.50M.
What is the net income of Forward Air Corp?
The net income of Forward Air Corp is -843.52M.
Is Forward Air Corp (FWRD) currently rated as Buy, Hold, or Sell?
According to analysts, Forward Air Corp (FWRD) has an overall rating of Buy, with a price target of 35.000.
What is the Earnings Per Share (EPS TTM) of Forward Air Corp (FWRD)?
The Earnings Per Share (EPS TTM) of Forward Air Corp (FWRD) is -4.497.