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NASDAQ: FWRD
Forward Air Corp Stock

$23.55-0.23 (-0.97%)
Updated Apr 22, 2024
FWRD Price
$23.55
Fair Value Price
$24.23
Market Cap
$621.02M
52 Week Low
$22.08
52 Week High
$121.38
P/E
3.67x
P/B
0.81x
P/S
1.18x
PEG
0.33x
Dividend Yield
3.06%
Revenue
$1.37B
Earnings
$167.35M
Gross Margin
49.3%
Operating Margin
15.52%
Profit Margin
12.2%
Debt to Equity
2.9
Operating Cash Flow
$181M
Beta
1.01
Next Earnings
Apr 29, 2024
Ex-Dividend
N/A
Next Dividend
N/A

FWRD Overview

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 final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment also offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract, and container freight station warehouse and handling services. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.

Zen Score

Industry Average (37)
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Due Diligence Checks

FWRD ($23.55) is undervalued by 2.83% relative to our estimate of its Fair Value price of $24.23 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
FWRD ($23.55) is not significantly undervalued (2.83%) relative to our estimate of its Fair Value price of $24.23 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
FWRD ($23.55) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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FWRD News

Valuation

FWRD fair value

Fair Value of FWRD stock based on Discounted Cash Flow (DCF)
Price
$23.55
Fair Value
$24.23
Undervalued by
2.83%
FWRD ($23.55) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
FWRD ($23.55) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
FWRD ($23.55) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

FWRD price to earnings (PE)

For valuing profitable companies with steady earnings
Company
3.67x
Industry
18.35x
Market
41x
FWRD is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
FWRD is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

FWRD price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.81x
Industry
3.99x
FWRD is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

FWRD price to earnings growth (PEG)

For valuing profitable companies with growth potential
FWRD is good value based... subscribe to Premium to read more.
PEG Value Valuation

FWRD's financial health

Profit margin

Revenue
$128.0M
Net Income
$101.7M
Profit Margin
79.5%
FWRD's Earnings (EBIT) of $212.76M... subscribe to Premium to read more.
Interest Coverage Financials
FWRD's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$3.0B
Liabilities
$2.2B
Debt to equity
2.9
FWRD's short-term assets ($347.03M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
FWRD's long-term liabilities ($1.98B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
FWRD's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
FWRD's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$22.0M
Investing
$251.7M
Financing
$1.7B
FWRD's operating cash flow ($181.39M)... subscribe to Premium to read more.
Debt Coverage Financials

FWRD vs Logistic Stocks

TickerMarket Cap1d %P/EP/B
FWRD$621.02M-0.97%3.67x0.81x
PBI$741.42M+5.26%-1.91x-2.01x
CYRX$786.58M-0.43%-7.27x1.61x
RLGT$230.39M-0.41%20.46x1.11x
SFWL$132.00M-1.84%12.31x1.22x

Forward Air Stock FAQ

What is Forward Air's quote symbol?

(NASDAQ: FWRD) Forward Air trades on the NASDAQ under the ticker symbol FWRD. Forward Air stock quotes can also be displayed as NASDAQ: FWRD.

If you're new to stock investing, here's how to buy Forward Air stock.

What is the 52 week high and low for Forward Air (NASDAQ: FWRD)?

(NASDAQ: FWRD) Forward Air's 52-week high was $121.38, and its 52-week low was $22.08. It is currently -80.6% from its 52-week high and 6.65% from its 52-week low.

How much is Forward Air stock worth today?

(NASDAQ: FWRD) Forward Air currently has 26,370,370 outstanding shares. With Forward Air stock trading at $23.55 per share, the total value of Forward Air stock (market capitalization) is $621.02M.

Forward Air stock was originally listed at a price of $5.39 in Dec 31, 1997. If you had invested in Forward Air stock at $5.39, your return over the last 26 years would have been 337%, for an annualized return of 5.84% (not including any dividends or dividend reinvestments).

How much is Forward Air's stock price per share?

(NASDAQ: FWRD) Forward Air stock price per share is $23.55 today (as of Apr 22, 2024).

What is Forward Air's Market Cap?

(NASDAQ: FWRD) Forward Air's market cap is $621.02M, as of Apr 23, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Forward Air's market cap is calculated by multiplying FWRD's current stock price of $23.55 by FWRD's total outstanding shares of 26,370,370.
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