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Forward Air Corporation

FWRD | US

23.44

USD

0.69

3.03%

FWRD | US
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About Forward Air Corporation

Sector

Industrials

Industry

Integrated Shipping & Logistics

Earnings date

30/06/2024

As of date

24/04/2026

Close

23.44

Open

22.70

High

23.63

Low

22.68

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.

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FWRD | US

Risk
50.7
Sharpe
0.72
Luna's Score
51/100
Recommendation
Hold

Luna says (FWRD | US)

What's Working

Positive Momentum

Strength based on increasing price with high volume

Good Dividend Yield (2% <= Dividend Yield <= 8%)

Strong Revenue Growth (> 10%)

What's not Working

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

High Short percentage (> 15%)

High Debt to Equity (> 0.75)

High Debt to Asset (> 0.45)

Weak Operating Margin (< 10%)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

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10 days

51.4%

1 month

50.7%

3 months

67.4%

6 months

60.6%

Returns

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Fundamental Ratios

PE

-

Fwd. PE

-

Price to book

3.87

Debt to equity

7.27

Debt to assets

0.67

Ent. to EBITDA

49.37

Ent. to rev.

1.65

PEG

2.01

Other Fundamentals

EBITDA

184.65M

MarketCap

649.29M

MarketCap(USD)

649.29M

Div. yield

2.42

Op. margin

1.08

Erngs. growth

145.00

Rev. growth

92.90

Ret. on equity

-204.95

Short ratio

4.09

Short perc.

18.24

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bearish (SMA6M < SMA12M)

SMAs: Stock Price Trends

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Range10D

4.93

Range1M

7.90

Range3M

16.36

Volumes: Market Activity

Volume Averages

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Rel. volume

1.26

Price X volume

15.80M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Universal Logistics Holdings IncULHTrucking23.67622.93M-4.63%9.0193.17%
CVLGCVLGTrucking34.07449.07M9.23%17.4675.94%
Radiant Logistics IncRLGTIntegrated Shipping & Logistics8.42394.43M-0.12%41.6927.69%
Roadrunner Transportation Systems IncRRTSTrucking3.73142.83M11.34%n/a723.00%
Air T IncAIRTIntegrated Shipping & Logistics22.161.00M0.00%n/a3167.23%
  • 1

Diversifiers

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Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
HUYA IncHUYAMedia - Diversified3.09699.49M-0.32%n/a0.00%
The Marcus CorporationMCSMedia - Diversified18.78604.22M0.91%n/a83.32%
AMC Entertainment Holdings IncAMCMedia - Diversified1.64592.62M-1.80%n/a-511.14%
Malibu Boats IncMBUURecreational Vehicles26.1521.76M-0.91%n/a1.50%
AHGAHGMedical Distribution2.035484.70M-4.01%n/a1.45%
MCBC Holdings IncMCFTRecreational Vehicles23.53390.77M-0.88%34.2726.82%
AMC Networks IncAMCXMedia - Diversified8.47373.51M-3.31%6.32236.34%
Camping World Holdings IncCWHRecreational Vehicles7.48337.57M8.41%n/a3644.76%
Marine Products CorporationMPXRecreational Vehicles7.99277.39M-0.99%13.230.00%
ONEWATER MARINE INC.ONEWRecreational Vehicles11.3181.44M2.73%n/a286.96%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA49.3719.63Expensive
Ent. to Revenue1.651.18Expensive
PE Ratio-26.96-
Price to Book3.874.90Cheaper
Dividend Yield2.421.74Leader
Std. Deviation (3M)67.3937.33Riskier
Debt to Equity7.274.40Expensive
Debt to Assets0.670.34Expensive
Market Cap649.29M12.76BEmerging
  • 1

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