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Forward Air Corporation

FWRD | US

18.39

USD

-3.65

-16.56%

FWRD | US

About Forward Air Corporation

Sector

Industrials

Industry

Integrated Shipping & Logistics

Earnings date

30/06/2024

As of date

11/03/2026

Close

18.39

Open

21.85

High

21.85

Low

18.30

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
76.5
Sharpe
-0.04
Luna's Score
28/100
Recommendation
Sell

Luna says (FWRD | US)

What's Working

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

Strong Revenue Growth (> 10%)

What's not Working

Negative Momentum (Declining Price)

Weakness based on declining price with high volume

Price Below SMA10D

High Short-term Volatility

High Current Volume and Negative 1-Day Return

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%)

Weak Sharpe Ratio (< 0.3)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

10 days

84.9%

1 month

76.5%

3 months

57.6%

6 months

60.1%

Returns

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

509.40M

MarketCap(USD)

509.40M

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: Bearish (SMA10D < SMA1M)

Intermediate-term: Bearish (SMA1M < SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

8.28

Range1M

12.88

Range3M

12.88

Volumes: Market Activity

Rel. volume

3.19

Price X volume

44.73M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Universal Logistics Holdings IncULHTrucking14.54382.65M-3.39%9.0193.17%
CVLGCVLGTrucking25.79339.94M-2.31%17.4675.94%
Radiant Logistics IncRLGTIntegrated Shipping & Logistics6.97326.50M-0.85%41.6927.69%
Roadrunner Transportation Systems IncRRTSTrucking2.75105.30M-6.46%n/a723.00%
Air T IncAIRTIntegrated Shipping & Logistics22.380161.77Mn/a3167.23%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
AHGAHGMedical Distribution2.2524.00M23.60%n/a1.45%
Malibu Boats IncMBUURecreational Vehicles26519.76M0.27%n/a1.50%
The Marcus CorporationMCSMedia - Diversified16.15519.60M-2.77%n/a83.32%
AMC Entertainment Holdings IncAMCMedia - Diversified1.12404.72M0.90%n/a-511.14%
AMC Networks IncAMCXMedia - Diversified7.63336.47M-4.15%6.32236.34%
MCBC Holdings IncMCFTRecreational Vehicles20332.15M1.47%34.2726.82%
Camping World Holdings IncCWHRecreational Vehicles6.96314.10M0.29%n/a3644.76%
Marine Products CorporationMPXRecreational Vehicles7.11246.84M0.99%13.230.00%
Cosmos Group Holdings IncCOSGMedia - Diversified0.09206.37M0.00%n/a-91.95%
ONEWATER MARINE INC.ONEWRecreational Vehicles10.315165.63M3.25%n/a286.96%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA49.37-Expensive
Ent. to Revenue1.65-Expensive
PE Ratio-26.96-
Price to Book3.874.90Cheaper
Dividend Yield2.42-Leader
Std. Deviation (3M)57.62-Riskier
Debt to Equity7.274.40Expensive
Debt to Assets0.670.34Expensive
Market Cap509.40M-Emerging
  • 1

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