Is Forward Air Stock a Good Investment?
Forward Air Investment Advice | FWRD |
- Examine Forward Air's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Forward Air's leadership team and their track record. Good management can help Forward Air navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Air Freight & Logistics space and any emerging trends that could impact Forward Air's business and its evolving consumer preferences.
- Compare Forward Air's performance and market position to its competitors. Analyze how Forward Air is positioned in terms of product offerings, innovation, and market share.
- Check if Forward Air pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Forward Air's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Forward Air stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Forward Air is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Forward Air Stock
Researching Forward Air's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 98.0% of the company shares are owned by institutional investors. The book value of Forward Air was currently reported as 7.88. The company has Price/Earnings To Growth (PEG) ratio of 2.01. Forward Air recorded a loss per share of 29.29. The entity last dividend was issued on the 21st of November 2023. The firm had 3:2 split on the 4th of April 2005.
To determine if Forward Air is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Forward Air's research are outlined below:
| Forward Air generated a negative expected return over the last 90 days | |
| Forward Air has a poor financial position based on the latest SEC disclosures | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Acquisition by Eric Brandt of 8028 shares of Forward Air subject to Rule 16b-3 |
Forward Air Quarterly Cash And Short Term Investments |
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Forward Air uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Forward Air. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Forward Air's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Forward Air's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Forward Air's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2009-07-20 | 2009-06-30 | 0.09 | 0.1 | 0.01 | 11 | ||
2009-04-20 | 2009-03-31 | 0.05 | 0.04 | -0.01 | 20 | ||
1998-10-21 | 1998-09-30 | 0.08 | 0.09 | 0.01 | 12 | ||
1998-07-21 | 1998-06-30 | 0.09 | 0.08 | -0.01 | 11 | ||
1997-07-22 | 1997-06-30 | 0.06 | 0.07 | 0.01 | 16 | ||
1997-04-22 | 1997-03-31 | 0.02 | 0.03 | 0.01 | 50 | ||
1996-10-23 | 1996-09-30 | 0.04 | 0.03 | -0.01 | 25 | ||
1996-07-24 | 1996-06-30 | 0.05 | 0.04 | -0.01 | 20 |
Know Forward Air's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Forward Air is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Forward Air backward and forwards among themselves. Forward Air's institutional investor refers to the entity that pools money to purchase Forward Air's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 770.7 K | Charles Schwab Investment Management Inc | 2024-12-31 | 755.8 K | Paralel Advisors Llc | 2024-12-31 | 750 K | Goldentree Asset Management Lp | 2024-12-31 | 712.7 K | Alta Fox Capital Management, Llc | 2024-12-31 | 692.1 K | J. Goldman & Co Lp | 2024-12-31 | 674.7 K | Jpmorgan Chase & Co | 2024-09-30 | 653.8 K | Geode Capital Management, Llc | 2024-12-31 | 553.1 K | Point72 Asset Management, L.p. | 2024-12-31 | 463.6 K | Clearlake Capital Group Lp | 2024-12-31 | 3.8 M | Blackrock Inc | 2024-12-31 | 3.5 M |
Forward Air's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 796.25 M.Market Cap |
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Forward Air's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.06 | 0.06 | |
| Return On Capital Employed | 0.04 | 0.04 | |
| Return On Assets | 0.06 | 0.06 | |
| Return On Equity | 0.25 | 0.20 |
Determining Forward Air's profitability involves analyzing its financial statements and using various financial metrics to determine if Forward Air is a good buy. For example, gross profit margin measures Forward Air's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Forward Air's profitability and make more informed investment decisions.
Please note, the presentation of Forward Air's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Forward Air's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Forward Air's management manipulating its earnings.
Evaluate Forward Air's management efficiency
Forward Air has return on total asset (ROA) of 0.0296 % which means that it generated a profit of $0.0296 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.2035) %, meaning that it created substantial loss on money invested by shareholders. Forward Air's management efficiency ratios could be used to measure how well Forward Air manages its routine affairs as well as how well it operates its assets and liabilities. As of February 25, 2025, Return On Tangible Assets is expected to decline to 0.06. In addition to that, Return On Capital Employed is expected to decline to 0.04. At present, Forward Air's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 2.2 B, whereas Return On Assets are forecasted to decline to 0.06.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 26.54 | 27.87 | |
| Tangible Book Value Per Share | 12.18 | 12.79 | |
| Enterprise Value Over EBITDA | 27.27 | 25.91 | |
| Price Book Value Ratio | 2.45 | 4.40 | |
| Enterprise Value Multiple | 27.27 | 25.91 | |
| Price Fair Value | 2.45 | 4.40 | |
| Enterprise Value | 1.6 B | 1.7 B |
The strategic initiatives led by Forward Air's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Beta 1.032 |
Basic technical analysis of Forward Stock
As of the 25th of February, Forward Air shows the Variance of 8.61, mean deviation of 2.1, and Standard Deviation of 2.93. Forward Air technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Forward Air market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Forward Air is priced favorably, providing market reflects its regular price of 27.43 per share. Given that Forward Air has information ratio of (0.10), we urge you to verify Forward Air's prevailing market performance to make sure the company can sustain itself at a future point.Forward Air's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Forward Air insiders, such as employees or executives, is commonly permitted as long as it does not rely on Forward Air's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Forward Air insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Forward Air's Outstanding Corporate Bonds
Forward Air issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Forward Air uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Forward bonds can be classified according to their maturity, which is the date when Forward Air has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View |
Understand Forward Air's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Forward Air's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.43) | |||
| Mean Deviation | 2.1 | |||
| Coefficient Of Variation | (972.11) | |||
| Standard Deviation | 2.93 | |||
| Variance | 8.61 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.44) | |||
| Maximum Drawdown | 17.07 | |||
| Value At Risk | (4.47) | |||
| Potential Upside | 4.74 | |||
| Skewness | 0.7281 | |||
| Kurtosis | 2.08 |
| Risk Adjusted Performance | (0.07) | |||
| Market Risk Adjusted Performance | (0.43) | |||
| Mean Deviation | 2.1 | |||
| Coefficient Of Variation | (972.11) | |||
| Standard Deviation | 2.93 | |||
| Variance | 8.61 | |||
| Information Ratio | (0.10) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.44) | |||
| Maximum Drawdown | 17.07 | |||
| Value At Risk | (4.47) | |||
| Potential Upside | 4.74 | |||
| Skewness | 0.7281 | |||
| Kurtosis | 2.08 |
Consider Forward Air's intraday indicators
Forward Air intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Forward Air stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 19115.19 | |||
| Daily Balance Of Power | (0.06) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 27.43 | |||
| Day Typical Price | 27.43 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.07) | |||
| Relative Strength Index | 45.83 |
Forward Air Corporate Filings
F4 | 21st of February 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 21st of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F3 | 15th of January 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Forward Stock media impact
Far too much social signal, news, headlines, and media speculation about Forward Air that are available to investors today. That information is available publicly through Forward media outlets and privately through word of mouth or via Forward internal channels. However, regardless of the origin, that massive amount of Forward data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Forward Air news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Forward Air relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Forward Air's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Forward Air alpha.
Forward Air Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Forward Air can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Forward Air Maximum Pain Price Across April 17th 2025 Option Contracts
Forward Air's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Forward Air close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Forward Air's options.
Forward Air Corporate Management
| James Faught | Chief Officer | Profile | |
| Rebecca Garbrick | CFO Treasurer | Profile | |
| Nancee Ronning | Chief Officer | Profile | |
| Jamie Pierson | Chief Officer | Profile | |
| Joseph Tomasello | Chief Officer | Profile | |
| Kyle Mitchin | Chief Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward Air. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forward Air. If investors know Forward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forward Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.45 | Earnings Share (29.29) | Revenue Per Share | Quarterly Revenue Growth 0.924 | Return On Assets |
The market value of Forward Air is measured differently than its book value, which is the value of Forward that is recorded on the company's balance sheet. Investors also form their own opinion of Forward Air's value that differs from its market value or its book value, called intrinsic value, which is Forward Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forward Air's market value can be influenced by many factors that don't directly affect Forward Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Forward Air's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Forward Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.