The company's fundamentals are relatively healthy. Its valuation is considered undervalued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Score
Industry at a Glance
Industry Ranking
37 / 70
Overall Ranking
181 / 4724
Industry
Freight & Logistics Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Buy
Current Rating
36.333
Target Price
+23.79%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Company Highlights
StrengthsRisks
Forward Air Corporation is an asset-light provider of transportation services. The Company provides transportation services, including less-than-truckload (LTL), truckload and intermodal drayage services and freight brokerage and supply chain services across North America, Europe, and Asia. Its segments include Expedited Freight, Intermodal, and Omni Logistics. The Expedited Freight segment provides expedited regional, inter-regional and national LTL services. Expedited Freight also offers customers local pick-up and delivery and other services including truckload, warehousing, and other handling. The Intermodal segment provides first- and last-mile high value intermodal container drayage services both to and from seaports and railheads. The Omni Logistics segment provides a full suite of global logistics services. Its services include air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, and other supply chain solutions.
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 843.52M.%!(EXTRA int=2)
Overvalued
The company’s latest PB is 6.05, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 34.66M shares, decreasing 27.49% quarter-over-quarter.
Forward Air Corporation is an asset-light provider of transportation services. The Company provides transportation services, including less-than-truckload (LTL), truckload and intermodal drayage services and freight brokerage and supply chain services across North America, Europe, and Asia. Its segments include Expedited Freight, Intermodal, and Omni Logistics. The Expedited Freight segment provides expedited regional, inter-regional and national LTL services. Expedited Freight also offers customers local pick-up and delivery and other services including truckload, warehousing, and other handling. The Intermodal segment provides first- and last-mile high value intermodal container drayage services both to and from seaports and railheads. The Omni Logistics segment provides a full suite of global logistics services. Its services include air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, and other supply chain solutions.