Forward Air Corporation (FWRD): Price and Financial Metrics
FWRD Price/Volume Stats
| Current price | $68.74 | 52-week high | $121.38 |
| Prev. close | $67.75 | 52-week low | $60.09 |
| Day low | $67.16 | Volume | 554,500 |
| Day high | $69.83 | Avg. volume | 300,520 |
| 50-day MA | $82.56 | Dividend yield | 1.46% |
| 200-day MA | $98.86 | Market Cap | 1.77B |
FWRD Stock Price Chart Interactive Chart >
FWRD POWR Grades
- FWRD scores best on the Momentum dimension, with a Momentum rank ahead of 78.68% of US stocks.
- FWRD's strongest trending metric is Growth; it's been moving down over the last 177 days.
- FWRD ranks lowest in Growth; there it ranks in the 7th percentile.
FWRD Stock Summary
- The capital turnover (annual revenue relative to shareholder's equity) for FWRD is 2.7 -- better than 79.93% of US stocks.
- FWRD's went public 29.88 years ago, making it older than 77.71% of listed US stocks we're tracking.
- Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for FWRD comes in at 10.86% -- higher than that of 83.69% of stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to FORWARD AIR CORP are NATR, PATI, HLF, SPNT, and PRI.
- FWRD's SEC filings can be seen here. And to visit FORWARD AIR CORP's official web site, go to www.forwardair.com.
FWRD Valuation Summary
- FWRD's price/sales ratio is 1; this is 47.37% lower than that of the median Industrials stock.
- Over the past 243 months, FWRD's EV/EBIT ratio has gone down 4.5.
Below are key valuation metrics over time for FWRD.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| FWRD | 2023-09-19 | 1 | 2.6 | 11.6 | 9.6 |
| FWRD | 2023-09-18 | 1 | 2.6 | 11.8 | 9.7 |
| FWRD | 2023-09-15 | 1 | 2.6 | 11.7 | 9.7 |
| FWRD | 2023-09-14 | 1 | 2.6 | 11.7 | 9.6 |
| FWRD | 2023-09-13 | 1 | 2.7 | 11.9 | 9.7 |
| FWRD | 2023-09-12 | 1 | 2.7 | 11.9 | 9.8 |
FWRD Growth Metrics
- Its 2 year price growth rate is now at 100.41%.
- Its year over year revenue growth rate is now at 33.25%.
- Its 3 year revenue growth rate is now at 31.9%.
The table below shows FWRD's growth in key financial areas (numbers in millions of US dollars).
| Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
|---|---|---|---|
| 2022-09-30 | 1,952.132 | 241.225 | 190.714 |
| 2022-06-30 | 1,861.734 | 200.322 | 162.117 |
| 2022-03-31 | 1,767.186 | 172.736 | 137.364 |
| 2021-12-31 | 1,662.427 | 120.261 | 105.859 |
| 2021-09-30 | 1,552.839 | 88.113 | 60.951 |
| 2021-06-30 | 1,465.211 | 62.168 | 54.062 |
FWRD's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- FWRD has a Quality Grade of C, ranking ahead of 57.51% of graded US stocks.
- FWRD's asset turnover comes in at 1.398 -- ranking 19th of 137 Transportation stocks.
- PTSI, ULH, and PATI are the stocks whose asset turnover ratios are most correlated with FWRD.
The table below shows FWRD's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-06-30 | 1.398 | 0.423 | 0.118 |
| 2021-03-31 | 1.268 | 0.421 | 0.071 |
| 2020-12-31 | 1.199 | 0.423 | 0.063 |
| 2020-09-30 | 1.281 | 0.440 | 0.107 |
| 2020-06-30 | 1.331 | 0.454 | 0.118 |
| 2020-03-31 | 1.441 | 0.465 | 0.153 |
FWRD Price Target
For more insight on analysts targets of FWRD, see our FWRD price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $103.83 | Average Broker Recommendation | 1.5 (Moderate Buy) |
Forward Air Corporation (FWRD) Company Bio
Forward Air Corporation provides surface transportation and related logistics services. The company operates in three segments: Forward Air (Forward Air); Forward Air Solutions (FASI); and Total Quality (TQI). The company was founded in 1981 and is based in Greeneville, Tennessee.
Latest FWRD News From Around the Web
Below are the latest news stories about FORWARD AIR CORP that investors may wish to consider to help them evaluate FWRD as an investment opportunity.
Forward Air Corporation Announces Pricing of Private Offering of $725 Million of Senior Secured NotesGREENEVILLE, Tenn., September 22, 2023--Forward Air Corporation (NASDAQ: FWRD) ("Forward," "we," "our," or "us") today announced the pricing of the previously announced private offering (the "Notes Offering") of $725 million of 9.50% senior secured notes due 2031 by GN Bondco, LLC (the "Escrow Issuer"), a Delaware limited liability company and wholly owned subsidiary of Omni Newco, LLC ("Omni"), which was downsized by $200 million from the previously announced offering size of $925 million in co |
Forward Air Corporation Announces Private Offering of $925 Million of Senior Secured NotesGREENEVILLE, Tenn., September 20, 2023--Forward Air Corporation (NASDAQ: FWRD) ("Forward," "we," "our," or "us") today announced that GN Bondco, LLC (the "Escrow Issuer"), a Delaware limited liability company and wholly owned subsidiary of Omni Newco, LLC ("Omni"), has commenced a private offering of $925 million of senior secured notes due 2031 (the "Notes"), subject to market and customary conditions. |
Debt rating agencies mostly positive on Forward Air’s acquisition of OmniTwo debt rating agencies, Fitch and S&P, rated Forward Air’s newly issued debt from its Omni deal and were mostly positive. The post Debt rating agencies mostly positive on Forward Air’s acquisition of Omni appeared first on FreightWaves. |
Forward Air sees muted August after controversial deal announcedForward Air’s August tonnage improved from July but likely came in lower than expected. The post Forward Air sees muted August after controversial deal announced appeared first on FreightWaves. |
Forward Air Provides Mid-Quarter Update on Third Quarter 2023 PerformanceGREENEVILLE, Tenn., September 07, 2023--Forward Air Corporation (NASDAQ: FWRD) (the "Company", "Forward", "we", "our", or "us") today provided the following key Expedited Freight Operating statistics for the quarter-to-date period through August 2023. Weight per shipment increased 7.8%, revenue per shipment excluding fuel increased 0.9% and pounds per day decreased 3.0% over the same period last year. While pounds per day for July decreased by 5.9%, it improved in August as pounds per day were r |
FWRD Price Returns
| 1-mo | -2.94% |
| 3-mo | -34.99% |
| 6-mo | -35.01% |
| 1-year | -23.04% |
| 3-year | 23.39% |
| 5-year | 1.07% |
| YTD | -33.92% |
| 2022 | -12.56% |
| 2021 | 59.02% |
| 2020 | 11.27% |
| 2019 | 29.00% |
| 2018 | -3.49% |
FWRD Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching FWRD
Want to do more research on Forward Air Corp's stock and its price? Try the links below:Forward Air Corp (FWRD) Stock Price | Nasdaq
Forward Air Corp (FWRD) Stock Quote, History and News - Yahoo Finance
Forward Air Corp (FWRD) Stock Price and Basic Information | MarketWatch
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