FWRD Stock Overview
Operates as an asset-light freight and logistics company in the United States and Canada. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Forward Air Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$32.25 |
| 52 Week High | US$44.70 |
| 52 Week Low | US$11.21 |
| Beta | 1.04 |
| 1 Month Change | 0% |
| 3 Month Change | -5.81% |
| 1 Year Change | -26.18% |
| 3 Year Change | -69.41% |
| 5 Year Change | -49.43% |
| Change since IPO | 807.03% |
Recent News & Updates
Forward Air (NASDAQ:FWRD) Use Of Debt Could Be Considered Risky
Jan 01
Forward Air: Issues Remain And Valuation Is Stretched (Rating Downgrade)
Dec 17Not Many Are Piling Into Forward Air Corporation (NASDAQ:FWRD) Just Yet
Dec 06Recent updates
Forward Air (NASDAQ:FWRD) Use Of Debt Could Be Considered Risky
Jan 01Forward Air: Issues Remain And Valuation Is Stretched (Rating Downgrade)
Dec 17Not Many Are Piling Into Forward Air Corporation (NASDAQ:FWRD) Just Yet
Dec 06Forward Air (NASDAQ:FWRD) Could Be Struggling To Allocate Capital
Oct 02Forward Air: Making Some Progress After A Considerable Mess
Oct 01Forward Air Corporation (NASDAQ:FWRD) Stock Rockets 27% But Many Are Still Ignoring The Company
Aug 27Forward Air: Freight Recession And Omni Drama Do Not Make The Stock Appealing
Jul 21Forward Air: A Show-Me Story That Could Unveil Upside Potential (Rating Upgrade)
May 06Forward Air And Its Real Value
Feb 11Forward Air: Understated Downside Risk As The Deal Is Set To Close
Jan 24We Think Forward Air (NASDAQ:FWRD) Can Stay On Top Of Its Debt
Sep 11Forward Air (NASDAQ:FWRD) Is Paying Out A Dividend Of $0.24
Aug 12At US$112, Is Forward Air Corporation (NASDAQ:FWRD) Worth Looking At Closely?
Aug 04Is Now The Time To Put Forward Air (NASDAQ:FWRD) On Your Watchlist?
Jun 25These 4 Measures Indicate That Forward Air (NASDAQ:FWRD) Is Using Debt Safely
Jun 13Forward Air (NASDAQ:FWRD) Could Become A Multi-Bagger
Jun 01Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24
May 15Estimating The Intrinsic Value Of Forward Air Corporation (NASDAQ:FWRD)
Apr 21With EPS Growth And More, Forward Air (NASDAQ:FWRD) Makes An Interesting Case
Mar 24Is Forward Air (NASDAQ:FWRD) A Risky Investment?
Mar 12Forward Air (NASDAQ:FWRD) Is Due To Pay A Dividend Of $0.24
Feb 12Should You Investigate Forward Air Corporation (NASDAQ:FWRD) At US$97.81?
Feb 10Shareholder Returns
| FWRD | US Logistics | US Market | |
|---|---|---|---|
| 7D | -3.8% | -7.5% | -0.5% |
| 1Y | -26.2% | -7.0% | 24.3% |
Return vs Industry: FWRD underperformed the US Logistics industry which returned -7% over the past year.
Return vs Market: FWRD underperformed the US Market which returned 24.3% over the past year.
Price Volatility
| FWRD volatility | |
|---|---|
| FWRD Average Weekly Movement | 6.9% |
| Logistics Industry Average Movement | 6.2% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in US Market | 18.8% |
| 10% least volatile stocks in US Market | 3.3% |
Stable Share Price: FWRD has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: FWRD's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1981 | 4,133 | Shawn Stewart | www.forwardair.com/about |
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
| FWRD fundamental statistics | |
|---|---|
| Market cap | US$953.18m |
| Earnings (TTM) | -US$790.57m |
| Revenue (TTM) | US$2.18b |
0.4x
P/S Ratio-1.2x
P/E RatioIs FWRD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FWRD income statement (TTM) | |
|---|---|
| Revenue | US$2.18b |
| Cost of Revenue | US$1.74b |
| Gross Profit | US$444.45m |
| Other Expenses | US$1.24b |
| Earnings | -US$790.57m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Feb 26, 2025
| Earnings per share (EPS) | -27.30 |
| Gross Margin | 20.39% |
| Net Profit Margin | -36.27% |
| Debt/Equity Ratio | 497.2% |
How did FWRD perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 23:37 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Forward Air Corporation is covered by 19 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Garrett Holland | Baird |
| Christopher Kuhn | Benchmark Company |
| Kenneth Hoexter | BofA Global Research |