Forward Air Salute del bilancio
Criteri Salute finanziaria verificati 3/6
Forward Air ha un patrimonio netto totale di $122.3M e un debito totale di $1.7B, che porta il suo rapporto debito/patrimonio netto a 1382.3%. Le sue attività totali e le sue passività totali sono rispettivamente $2.7B e $2.6B. L'EBIT di Forward Air è $92.2M rendendo il suo rapporto di copertura degli interessi 0.5. Ha liquidità e investimenti a breve termine pari a $141.0M.
Informazioni chiave
1,382.33%
Rapporto debito/patrimonio netto
US$1.69b
Debito
| Indice di copertura degli interessi | 0.5x |
| Contanti | US$141.02m |
| Patrimonio netto | US$122.28m |
| Totale passività | US$2.57b |
| Totale attività | US$2.70b |
Aggiornamenti recenti sulla salute finanziaria
Articolo di analisi • Nov 10
These 4 Measures Indicate That Forward Air (NASDAQ:FWRD) Is Using Debt In A Risky Way
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Articolo di analisi • Jul 24
Here's Why Forward Air (NASDAQ:FWRD) Is Weighed Down By Its Debt Load
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Articolo di analisi • Jan 01
Forward Air (NASDAQ:FWRD) Use Of Debt Could Be Considered Risky
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Recent updates
Seeking Alpha • May 11
Forward Air: Throwing The Towel On Yet Another Special Situation
Summary Forward Air faces a busted bull case after a failed sale, major customer loss, and Amazon's disruptive logistics entry. FWRD's Q1 2026 revenue and earnings missed expectations, triggering a 43% post-earnings stock drop and return to single-digit prices. Asset sales may help de-lever, but EBITDA could fall sharply; a partial rebound to $15–$16/share requires multiple favorable developments. I am waiting for the opportunity to sell into strength, but this scenario in general has provided me with many insights on how to more cautiously approach special situation stocks.. Read the full article on Seeking Alpha
Aggiornamento della narrazione • May 01
FWRD: Strategic Review Outcome And 2026 EBITDA Multiple Will Drive Upside Potential
Analysts have trimmed their price targets on Forward Air, with recent Street research pointing to modest adjustments tied to an ongoing company review and updated views on earnings potential, including references to the shares trading around 8.5x 2026E EBITDA and perceived value at current levels. Analyst Commentary Recent research has highlighted that some bearish analysts are trimming expectations on Forward Air, pointing to a mix of company specific review outcomes and updated earnings assumptions.Aggiornamento della narrazione • Apr 16
FWRD: Strategic Review And 2026 EBITDA Multiple Will Shape Upside Potential
Narrative update on Forward Air The analyst price target for Forward Air has been trimmed by $1, as analysts factor in updated expectations for revenue growth, profit margins, and forward P/E, while still pointing to perceived value based on the company's current EBITDA multiple and ongoing review process. Analyst Commentary Recent research moves show that some bearish analysts are trimming expectations for Forward Air, with price targets reduced by about $1 in one case and to $42 from $45 in another.Aggiornamento della narrazione • Feb 12
FWRD: Fair Value View Will Highlight Refined Pricing Versus Execution Risk
Analysts have raised their price target on Forward Air by $2, citing updated assumptions around revenue growth, profit margin, discount rate, and future P/E that modestly refine their view of the stock's risk and earnings profile. Analyst Commentary Bearish analysts are treating the updated price target, including the recent US$2 adjustment, as a fine tuning of risk rather than a strong endorsement of the current setup.Articolo di analisi • Feb 07
Forward Air's (NASDAQ:FWRD) Returns On Capital Not Reflecting Well On The Business
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Aggiornamento della narrazione • Jan 25
FWRD: Fair Value View Will Weigh Modest Upside Against Execution Risks
Analysts have raised their price target on Forward Air by $2, citing updated assumptions that include modestly higher revenue growth, slightly improved profit margins, and a marginally lower future P/E multiple in their models. Analyst Commentary While the latest price target move reflects refreshed modeling assumptions, some bearish analysts remain cautious and are using this update to highlight ongoing risks around execution, profitability, and valuation.Aggiornamento della narrazione • Jan 10
FWRD: Fair Value View Balances PE Deal Setback And Future Returns
Analysts have adjusted their price target on Forward Air to US$30.00, reflecting updated assumptions for slightly lower revenue growth, a largely unchanged profit margin outlook, and a marginally higher future P/E multiple. What's in the News Axios Pro reported that no private equity deal for Forward Air is imminent, and shares traded at US$17.05 in Monday afternoon trading, down US$3.09 or 15% (Axios Pro).Aggiornamento della narrazione • Dec 25
FWRD: Higher Required Returns Will Eventually Reward Patient Shareholders
Analysts have trimmed their price target on Forward Air from 32 dollars to 30 dollars, reflecting slightly higher discount rate assumptions, a modestly reduced profit margin outlook, and lower expected future valuation multiples, despite a small uplift in projected revenue growth. What's in the News Forward Air shares fell about 15%, dropping 3.09 dollars to 17.05 dollars after an Axios Pro report indicated no private equity deal is imminent (Axios Pro) The company reported no share repurchases between July 1, 2025 and September 30, 2025, leaving this tranche of its buyback program inactive during the quarter (company filing) Under its February 7, 2019 share repurchase authorization, Forward Air has cumulatively bought back 3,651,380 shares, or 13.39% of its outstanding stock, for a total of 302.47 million dollars (company filing) Valuation Changes The fair value estimate has been reduced modestly from 32 dollars to 30 dollars per share, a cut of about 6 percent.
Aggiornamento della narrazione • Dec 11
FWRD: Stable Margins And Buyback Support Will Drive Future Share Price Recovery
Analysts have nudged their price target on Forward Air slightly higher to reflect stable fair value at $34.00, modestly improved long term profit margin expectations, and only minor adjustments to forecast growth and earnings multiples. What's in the News Forward Air shares dropped about 15% to $17.05 after an Axios Pro report indicated that a private equity deal for the company is not imminent (Axios Pro) The company reported no share repurchases between July 1, 2025 and September 30, 2025, despite having an authorized buyback program (company filing) Forward Air has completed repurchasing 3,651,380 shares, representing 13.39% of its outstanding shares, for a total of $302.47 million under the buyback program announced on February 7, 2019 (company filing) Valuation Changes Fair Value Estimate, unchanged at $34.00 per share, indicating no revision to the core valuation anchor.Articolo di analisi • Dec 02
Revenues Tell The Story For Forward Air Corporation (NASDAQ:FWRD) As Its Stock Soars 29%
Those holding Forward Air Corporation ( NASDAQ:FWRD ) shares would be relieved that the share price has rebounded 29...Aggiornamento della narrazione • Nov 27
FWRD: Profit Margin Recovery Will Set Stage For Share Price Bounce
Analysts have updated their price target for Forward Air, maintaining it at $34.00 per share. They noted modest adjustments to key financial projections, reflecting recalibrated revenue growth and future profit margin expectations.Articolo di analisi • Nov 10
These 4 Measures Indicate That Forward Air (NASDAQ:FWRD) Is Using Debt In A Risky Way
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Aggiornamento della narrazione • Nov 07
FWRD: Share Buyback And Margin Reset Will Drive Rebound
Analysts have lowered their price target for Forward Air from $36.67 to $34.00. They cited shifts in profit margin expectations and updated valuation models as the reasons for this adjustment.Articolo di analisi • Oct 14
It's Down 26% But Forward Air Corporation (NASDAQ:FWRD) Could Be Riskier Than It Looks
Forward Air Corporation ( NASDAQ:FWRD ) shares have had a horrible month, losing 26% after a relatively good period...Articolo di analisi • Aug 22
Forward Air (NASDAQ:FWRD) Will Be Hoping To Turn Its Returns On Capital Around
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Articolo di analisi • Jul 24
Here's Why Forward Air (NASDAQ:FWRD) Is Weighed Down By Its Debt Load
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Articolo di analisi • Jun 20
The Market Lifts Forward Air Corporation (NASDAQ:FWRD) Shares 34% But It Can Do More
Forward Air Corporation ( NASDAQ:FWRD ) shares have had a really impressive month, gaining 34% after a shaky period...Nuova narrazione • May 29
Technology And Integration Will Drive Global Logistics Expansion
Integration of diverse logistics services, global expansion, and strategic cross-selling position Forward Air for substantial long-term growth.Seeking Alpha • Mar 23
Forward Air: Still Not Ready To Move Forward
Summary Forward Air faces significant financial challenges due to high debt from the Omni Logistics acquisition, with shares plummeting and net debt increasing. Despite some sequential improvements, the company's high-interest expenses and uncertain 2025 outlook make the investment highly risky. The company's leverage ratio is dangerously close to covenant limits, exacerbating financial instability amidst a slowing economy. Given the high uncertainties and potential rewards, I remain cautious and see no compelling risk-reward for investing in Forward Air. Read the full article on Seeking AlphaArticolo di analisi • Feb 03
Forward Air (NASDAQ:FWRD) Could Be Struggling To Allocate Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Articolo di analisi • Jan 01
Forward Air (NASDAQ:FWRD) Use Of Debt Could Be Considered Risky
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Seeking Alpha • Dec 17
Forward Air: Issues Remain And Valuation Is Stretched (Rating Downgrade)
Summary Forward Air's stock downgraded to sell due to underwhelming results, high financial risks, and tight debt covenants, with a new target price of $22 per share. The Omni merger has failed to meet pro forma EBITDA and cost-saving expectations, highlighting poor execution and inflated valuation multiples. Leverage and debt profile pose significant risks, with the company nearing covenant breaches and needing substantial recovery to avoid financial distress. Valuation multiple is overly generous; a fair multiple adjustment implies a 40% overvaluation, reflecting the high risk of missing future estimates. Read the full article on Seeking AlphaArticolo di analisi • Dec 06
Not Many Are Piling Into Forward Air Corporation (NASDAQ:FWRD) Just Yet
There wouldn't be many who think Forward Air Corporation's ( NASDAQ:FWRD ) price-to-sales (or "P/S") ratio of 0.4x is...Articolo di analisi • Oct 02
Forward Air (NASDAQ:FWRD) Could Be Struggling To Allocate Capital
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Seeking Alpha • Oct 01
Forward Air: Making Some Progress After A Considerable Mess
Summary Forward Air Corporation's acquisition of Omni Logistics led to significant debt and operating losses, causing a sharp decline in share price and investor confidence. New management has made strides, improving EBITDA and addressing leverage concerns, though the freight market remains soft and earnings are still under pressure. Despite improvements, the company's financial situation remains precarious, with net debt exceeding equity valuation and realistic earnings not yet viable. While the risk-reward ratio has improved, I remain cautious and see no need to take a heroic stance on Forward Air shares. Read the full article on Seeking AlphaArticolo di analisi • Aug 27
Forward Air Corporation (NASDAQ:FWRD) Stock Rockets 27% But Many Are Still Ignoring The Company
Forward Air Corporation ( NASDAQ:FWRD ) shares have continued their recent momentum with a 27% gain in the last month...Seeking Alpha • Jul 21
Forward Air: Freight Recession And Omni Drama Do Not Make The Stock Appealing
Summary Forward Air provides expedited less-than-truckload, full truckload, intermodal, and final mile solutions with extensive coverage across the US, Canada, and Mexico. The company's stock has plummeted due to a freight recession, the acquisition of Omni, ongoing litigation, and disappointing financial results. Analysts are expecting a revenue of $651.4 million and a loss of $0.21 per share for Forward Air's Q2 earnings, with a track record of missing estimates. Read the full article on Seeking AlphaSeeking Alpha • May 06
Forward Air: A Show-Me Story That Could Unveil Upside Potential (Rating Upgrade)
Summary Forward Air and Omni completed their merger, but the stock has since declined by 55%. The company experienced leadership changes and stopped issuing guidance, leading to a continued decline in stock price. FWRD stock is now trading to a multiple below 3.5x, compared to previous levels above the sector average of 4.8x. Read the full article on Seeking AlphaSeeking Alpha • Feb 11
Forward Air And Its Real Value
Summary Forward Air Corp. has acquired Omni Logistics, leading to concerns about debt and loss of ownership control for shareholders. The company's growth has declined due to supply chain issues and reduced consumer spending. Forward Air is positioned well in the LTL industry and has potential for long-term growth if the merger is successful. Read the full article on Seeking AlphaSeeking Alpha • Jan 24
Forward Air: Understated Downside Risk As The Deal Is Set To Close
Summary Forward Air and Omni Logistics have reached a settlement agreement in their legal battle over a merger, with the transaction set to close on similar terms to the original agreement. The deal structure includes the issuance of common and preferred shares, with potential dilution and risks for common shareholders. The deal brings a significant valuation multiples expansion that coupled with higher debt increases the downside risk to around 40%. Read the full article on Seeking AlphaArticolo di analisi • Sep 11
We Think Forward Air (NASDAQ:FWRD) Can Stay On Top Of Its Debt
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analisi della posizione finanziaria
Passività a breve termine: Le attività a breve termine ( $542.4M ) di FWRD superano le sue passività a breve termine ( $441.9M ).
Passività a lungo termine: Le attività a breve termine di FWRD ( $542.4M ) non coprono le sue passività a lungo termine ( $2.1B ).
Storia e analisi del rapporto debito/patrimonio netto
Livello di debito: Il rapporto debito netto/patrimonio netto ( 1267% ) di FWRD è considerato alto.
Riduzione del debito: Il rapporto debito/patrimonio netto di FWRD è aumentato da 20.6% a 1382.3% negli ultimi 5 anni.
Bilancio
Analisi della pista di contanti
Per le società che in passato sono state mediamente in perdita, valutiamo se hanno almeno un anno di liquidità.
Pista di liquidità stabile: Sebbene non redditizia FWRD ha una pista di cassa sufficiente per più di 3 anni se mantiene il suo attuale livello positivo di flusso di cassa libero.
Previsione Cash Runway: FWRD non è redditizia ma ha una liquidità sufficiente per più di 3 anni, anche con un flusso di cassa libero positivo e in calo del 22.1 % all'anno.
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Analisi aziendale e situazione dei dati finanziari
| Dati | Ultimo aggiornamento (ora UTC) |
|---|---|
| Analisi dell'azienda | 2026/05/21 07:33 |
| Prezzo dell'azione a fine giornata | 2026/05/21 00:00 |
| Utili | 2026/03/31 |
| Utili annuali | 2025/12/31 |
Fonti dei dati
I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.
| Pacchetto | Dati | Tempistica | Esempio Fonte USA * |
|---|---|---|---|
| Dati finanziari della società | 10 anni |
| |
| Stime di consenso degli analisti | +3 anni |
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| Prezzi di mercato | 30 anni |
| |
| Proprietà | 10 anni |
| |
| Gestione | 10 anni |
| |
| Sviluppi principali | 10 anni |
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* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.
Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.
Modello di analisi e Snowflake
I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.
Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.
Metriche di settore e industriali
Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.
Fonti analitiche
Forward Air Corporation è coperta da 19 analisti. 5 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.
| Analista | Istituzione |
|---|---|
| Garrett Holland | Baird |
| Christopher Kuhn | Benchmark Company |
| Kenneth Hoexter | BofA Global Research |