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Forward Air NasdaqGS:FWRD Stock Report

Last Price

US$24.52

Market Cap

US$674.6m

7D

-16.3%

1Y

-77.7%

Updated

15 Apr, 2024

Data

Company Financials +

Forward Air Corporation

NasdaqGS:FWRD Stock Report

Market Cap: US$674.6m

FWRD Stock Overview

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada.

FWRD fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance1/6
Financial Health2/6
Dividends0/6

Forward Air Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Forward Air
Historical stock prices
Current Share PriceUS$24.52
52 Week HighUS$121.38
52 Week LowUS$24.49
Beta0.99
1 Month Change-12.46%
3 Month Change-54.27%
1 Year Change-77.65%
3 Year Change-72.22%
5 Year Change-63.50%
Change since IPO589.63%

Recent News & Updates

Forward Air And Its Real Value

Feb 11

Recent updates

Forward Air And Its Real Value

Feb 11

Forward Air: Understated Downside Risk As The Deal Is Set To Close

Jan 24

We Think Forward Air (NASDAQ:FWRD) Can Stay On Top Of Its Debt

Sep 11
We Think Forward Air (NASDAQ:FWRD) Can Stay On Top Of Its Debt

Forward Air (NASDAQ:FWRD) Is Paying Out A Dividend Of $0.24

Aug 12
Forward Air (NASDAQ:FWRD) Is Paying Out A Dividend Of $0.24

At US$112, Is Forward Air Corporation (NASDAQ:FWRD) Worth Looking At Closely?

Aug 04
At US$112, Is Forward Air Corporation (NASDAQ:FWRD) Worth Looking At Closely?

Is Now The Time To Put Forward Air (NASDAQ:FWRD) On Your Watchlist?

Jun 25
Is Now The Time To Put Forward Air (NASDAQ:FWRD) On Your Watchlist?

These 4 Measures Indicate That Forward Air (NASDAQ:FWRD) Is Using Debt Safely

Jun 13
These 4 Measures Indicate That Forward Air (NASDAQ:FWRD) Is Using Debt Safely

Forward Air (NASDAQ:FWRD) Could Become A Multi-Bagger

Jun 01
Forward Air (NASDAQ:FWRD) Could Become A Multi-Bagger

Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24

May 15
Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24

Estimating The Intrinsic Value Of Forward Air Corporation (NASDAQ:FWRD)

Apr 21
Estimating The Intrinsic Value Of Forward Air Corporation (NASDAQ:FWRD)

With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case

Mar 24
With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case

Is Forward Air (NASDAQ:FWRD) A Risky Investment?

Mar 12
Is Forward Air (NASDAQ:FWRD) A Risky Investment?

Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24

Feb 12
Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24

Should You Investigate Forward Air Corporation (NASDAQ:FWRD) At US$97.81?

Feb 10
Should You Investigate Forward Air Corporation (NASDAQ:FWRD) At US$97.81?

Returns on Capital Paint A Bright Future For Forward Air (NASDAQ:FWRD)

Jan 29
Returns on Capital Paint A Bright Future For Forward Air (NASDAQ:FWRD)

An Intrinsic Calculation For Forward Air Corporation (NASDAQ:FWRD) Suggests It's 28% Undervalued

Dec 07
An Intrinsic Calculation For Forward Air Corporation (NASDAQ:FWRD) Suggests It's 28% Undervalued

Is Now The Time To Put Forward Air (NASDAQ:FWRD) On Your Watchlist?

Nov 11
Is Now The Time To Put Forward Air (NASDAQ:FWRD) On Your Watchlist?

Under The Bonnet, Forward Air's (NASDAQ:FWRD) Returns Look Impressive

Oct 05
Under The Bonnet, Forward Air's (NASDAQ:FWRD) Returns Look Impressive

Forward Air reports mid-quarter 16% growth in revenue per shipment through August

Sep 12

Forward Air (NASDAQ:FWRD) Could Easily Take On More Debt

Sep 09
Forward Air (NASDAQ:FWRD) Could Easily Take On More Debt

Forward Air Corporation (NASDAQ:FWRD) Shares Could Be 41% Below Their Intrinsic Value Estimate

Aug 26
Forward Air Corporation (NASDAQ:FWRD) Shares Could Be 41% Below Their Intrinsic Value Estimate

Forward Air goes ex-dividend tomorrow

Aug 16

With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case

Aug 03
With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case

Forward Air GAAP EPS of $2.04 beats by $0.14, revenue of $515.22M in-line

Jul 27

Should You Investigate Forward Air Corporation (NASDAQ:FWRD) At US$96.25?

Jul 21
Should You Investigate Forward Air Corporation (NASDAQ:FWRD) At US$96.25?

Forward Air raises Q2 EPS and revenue view above estimates

Jul 19

Why You Should Care About Forward Air's (NASDAQ:FWRD) Strong Returns On Capital

Jul 06
Why You Should Care About Forward Air's (NASDAQ:FWRD) Strong Returns On Capital

Is Forward Air (NASDAQ:FWRD) A Risky Investment?

Jun 03
Is Forward Air (NASDAQ:FWRD) A Risky Investment?

Shareholder Returns

FWRDUS LogisticsUS Market
7D-16.3%-3.5%-3.1%
1Y-77.7%-16.3%20.9%

Return vs Industry: FWRD underperformed the US Logistics industry which returned -16.1% over the past year.

Return vs Market: FWRD underperformed the US Market which returned 22.4% over the past year.

Price Volatility

Is FWRD's price volatile compared to industry and market?
FWRD volatility
FWRD Average Weekly Movement7.8%
Logistics Industry Average Movement5.7%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: FWRD's share price has been volatile over the past 3 months.

Volatility Over Time: FWRD's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19814,133Michael Hancewww.forwardaircorp.com

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.

Forward Air Corporation Fundamentals Summary

How do Forward Air's earnings and revenue compare to its market cap?
FWRD fundamental statistics
Market capUS$674.55m
Earnings (TTM)US$41.94m
Revenue (TTM)US$1.37b

15.4x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FWRD income statement (TTM)
RevenueUS$1.37b
Cost of RevenueUS$983.18m
Gross ProfitUS$387.56m
Other ExpensesUS$345.61m
EarningsUS$41.94m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)1.59
Gross Margin28.27%
Net Profit Margin3.06%
Debt/Equity Ratio234.3%

How did FWRD perform over the long term?

See historical performance and comparison
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