Forward Air Förvaltning
Förvaltning kriterier kontrolleras 0/4
Forward Air VD är Shawn Stewart, utsedd i Apr 2024, har en mandatperiod på 2.42 år. totala årliga ersättningen är $ 5.56M, bestående av 16.2% lön 83.8% bonusar, inklusive företagsaktier och optioner. äger direkt 0.43% av företagets aktier, värda $ 2.40M. Den genomsnittliga mandatperioden för ledningsgruppen och styrelsen är 1.2 år respektive 2.3 år.
Viktig information
Shawn Stewart
Verkställande direktör
US$5.6m
Total ersättning
| VD-lön i procent | 16.18% |
| Anställning som VD | 2.4yrs |
| Ägande av VD | 0.4% |
| Ledningens genomsnittliga anställningstid | 1.2yrs |
| Styrelsens genomsnittliga mandatperiod | 2.3yrs |
Senaste uppdateringar av ledningen
Recent updates
Uppdatering av berättelse • Sep 04
FWRD: Customer Contract Progress And 2027 Focus Will Drive Upside
Analysts have lifted their fair value estimate for Forward Air from $17 to $27, citing higher long-term price targets of approximately $29 and $19, as well as increased confidence in contract retention and the company’s positioning in the current freight market. Analyst Commentary on Forward Air Recent research updates on Forward Air focus on contract retention, valuation timeframes, and how the company is positioned in the current freight market.Seeking Alpha • Aug 25
Forward Air: Undervalued, But Lack Of Profitability May Dampen Growth
Summary Forward Air is rated a hold despite being significantly undervalued due to persistent net losses and profitability concerns. Management expects to retain 50–75% of a $250 million customer contract, potentially adding $125–$187.5 million in revenue in FY 2026. FWRD’s net leverage ratio improved to 5.2x, with further deleveraging planned via divestiture of the intermodal segment to reduce debt. Revenue growth and valuation upside hinge on successful customer retention and conversion of MOU commitments into realized sales. Read the full article on Seeking Alpha
Uppdatering av berättelse • Aug 20
FWRD: Contract Extension And Amazon Optionality Will Support Future Share Recovery
Analysts have raised their price targets on Forward Air, increasing the average fair value estimate from about $18.33 to $28.00. They cite improved visibility on a key customer contract and the adoption of a longer term 2027 valuation framework in what they view as a supply-led freight market.
Uppdatering av berättelse • Aug 06
FWRD: Contract Win And Extended Term Will Drive Future Upside
Forward Air's analyst price target has been revised upward by $7, with analysts pointing to improved visibility on retaining a significant portion of high margin contract logistics business and an extended customer agreement as key supports for the new view. Analyst Commentary on Forward Air Recent research suggests that bullish analysts see the latest contract update as a key support for Forward Air.Uppdatering av berättelse • Jul 09
FWRD: Cost Discipline And Amazon Partnership Optionality Will Drive Future Share Recovery
Forward Air's updated analyst price target has shifted lower by $15.67 to $18.33, as analysts adjust their assumptions around revenue growth, profit margins, and future P/E following recent research updates from firms that reduced their targets on the stock. Analyst Commentary Recent research updates on Forward Air reflect a more cautious stance from Wall Street, with price targets moving lower as analysts revisit their expectations for revenue, margins, and the appropriate P/E multiple for the stock.Uppdatering av berättelse • Jun 25
FWRD: Amazon Partnership Potential And 2026 EBITDA Multiple Will Drive Upside
Analysts have reset their price target on Forward Air to $17 from $30, citing updated assumptions for slower revenue growth, slightly lower profit margins, a higher discount rate, and a lower future P/E multiple. Analyst Commentary Recent research on Forward Air points to a more cautious tone, with several bearish analysts resetting expectations and highlighting risks around growth, profitability, and valuation.Uppdatering av berättelse • Jun 10
FWRD: Execution On Margins And P/E Assumptions Will Drive Future Upside
Analysts have trimmed their blended price target for Forward Air, citing recent cuts from firms that now see the stock warranting a lower valuation in light of updated assumptions on growth, margins, and future P/E levels. Analyst Commentary Recent research updates show that some bullish analysts still see room for Forward Air to execute on its plans even as official price targets are trimmed.Uppdatering av berättelse • May 27
FWRD: Higher Discount Rate And Profit Margin Assumptions Will Drive Future Upside
Analysts have reduced their price targets for Forward Air by $23, citing updated assumptions around a fair value of $20.00, a higher discount rate of 12.46%, revised revenue growth of 4.63%, a profit margin of 5.08%, and a future P/E of 6.75. Analyst Commentary Recent research points to a more cautious stance around valuation for Forward Air, with price targets adjusted to reflect updated assumptions on discount rates, revenue growth, profit margins, and future P/E.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Analysartikel • 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...Uppdatering av berättelse • 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.Uppdatering av berättelse • 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).Uppdatering av berättelse • 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.Uppdatering av berättelse • 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.Analysartikel • 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...Uppdatering av berättelse • 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.Analysartikel • 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...Uppdatering av berättelse • 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.Analysartikel • 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...Analysartikel • 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...Analysartikel • 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...Analysartikel • 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...Ny berättelse • 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 AlphaAnalysartikel • 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...Analysartikel • 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 AlphaAnalysartikel • 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...Analysartikel • 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 AlphaAnalysartikel • 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 AlphaAnalys av ersättningar till VD
| Datum | Total ersättning | Lön | Företagets resultat |
|---|---|---|---|
| Jun 30 2026 | n/a | n/a | -US$284m |
| Mar 31 2026 | n/a | n/a | -US$91m |
| Dec 31 2025 | US$6m | US$900k | -US$108m |
| Sep 30 2025 | n/a | n/a | -US$142m |
| Jun 30 2025 | n/a | n/a | -US$198m |
| Mar 31 2025 | n/a | n/a | -US$826m |
| Dec 31 2024 | US$5m | US$588k | -US$837m |
Ersättning vs marknad: Shawn s total kompensation ($USD 5.56M ) är över genomsnittet för företag av liknande storlek på US marknaden ($USD 2.41M ).
Ersättning vs inkomst: Ersättningen för Shawn har ökat samtidigt som företaget är olönsamt.
VD OCH KONCERNCHEF
Shawn Stewart (52 yo)
2.4yrs
Anställning
US$5,561,309
Kompensation
Mr. Shawn Stewart is President, CEO & Director of Forward Air Corporation from July 2025. He was CEO & Director of Forward Air Corporation from April 28, 2024 to July 2025 Mr. Shawn Stewart is Chief Execut...
Ledningsgrupp
| Namn | Position | Anställning | Kompensation | Ägarskap |
|---|---|---|---|---|
| President | 2.4yrs | US$5.56m | 0.43% $ 2.4m | |
| Chief Financial Officer | 2.3yrs | US$3.14m | 0.27% $ 1.5m | |
| Chief Legal Officer & Secretary | 18.7yrs | US$1.36m | 0.27% $ 1.5m | |
| Chief Commercial Officer | 1.7yrs | US$1.30m | 0.047% $ 265.6k | |
| Chief Accounting Officer | no data | inga uppgifter | 0.024% $ 132.2k | |
| Chief Information Officer | less than a year | inga uppgifter | inga uppgifter | |
| Senior Vice President of Treasury & Investor Relations | no data | inga uppgifter | inga uppgifter | |
| Chief People Officer | 1.8yrs | inga uppgifter | 0.039% $ 221.1k | |
| President of Latin America (LATAM) | less than a year | inga uppgifter | inga uppgifter | |
| Chief Transformation Officer | less than a year | inga uppgifter | inga uppgifter | |
| President of Asia-Pacific | less than a year | inga uppgifter | inga uppgifter | |
| President of North America (NORTAM) | less than a year | inga uppgifter | inga uppgifter |
1.2yrs
Genomsnittlig anställningstid
53yo
Genomsnittlig ålder
Erfaren ledning: FWRD s ledningsgrupp anses inte vara erfaren ( 1.2 års genomsnittlig anställningstid), vilket föreslår ett nytt team.
Styrelseledamöter
| Namn | Position | Anställning | Kompensation | Ägarskap |
|---|---|---|---|---|
| President | 2.4yrs | US$5.56m | 0.43% $ 2.4m | |
| Independent Chair of the Board | 2.3yrs | US$240.55k | 0.068% $ 381.5k | |
| Independent Director | 2.3yrs | US$240.00k | 0.068% $ 381.5k | |
| Lead Independent Director | 1.3yrs | US$221.57k | 0.047% $ 265.7k | |
| Director | 1.9yrs | US$1.65m | 0.066% $ 368.6k |
2.3yrs
Genomsnittlig anställningstid
54yo
Genomsnittlig ålder
Erfaren styrelse: FWRD s styrelse anses inte vara erfaren ( 2.3 års genomsnittlig mandatperiod), vilket föreslår en ny styrelse.
Företagsanalys och finansiella data Status
| Uppgifter | Senast uppdaterad (UTC-tid) |
|---|---|
| Analys av företag | 2026/09/13 12:06 |
| Aktiekurs vid dagens slut | 2026/09/11 00:00 |
| Intäkter | 2026/06/30 |
| Årlig intjäning | 2025/12/31 |
Datakällor
Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.
| Paket | Uppgifter | Tidsram | Exempel US-källa |
|---|---|---|---|
| Företagets finansiella ställning | 10 år |
| |
| Analytikernas konsensusuppskattningar | +3 år |
|
|
| Marknadspriser | 30 år |
| |
| Ägarskap | 10 år |
| |
| Förvaltning | 10 år |
| |
| Viktiga utvecklingstendenser | 10 år |
|
* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.
Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.
Analysmodell och snöflinga
Detaljer om analysmodellen som används för att skapa den här rapporten finns på vår Github-sida, vi har också guider om hur du använder våra rapporter och handledningar på Youtube.
Lär dig mer om det som utformade och byggde analysmodellen Simply Wall St.
Industri- och sektormått
Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.
Källor för analytiker
Forward Air Corporation bevakas av 19 analytiker. 4 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.
| Analytiker | Institution |
|---|---|
| Garrett Holland | Baird |
| Kenneth Hoexter | BofA Global Research |
| Amit Mehrotra | Deutsche Bank |