Forward Air Corporation (FWRD)

Market Cap	837.65M
Revenue (ttm)	2.18B
Net Income (ttm)	-680.12M
Shares Out	28.95M
EPS (ttm)	-25.52
PE Ratio	n/a
Forward PE	165.87
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,286,347
Open	30.67
Previous Close	30.87
Day's Range	28.85 - 31.20
52-Week Range	11.21 - 67.20
Beta	1.02
Analysts	Hold
Price Target	30.00 (+3.7%)
Earnings Date	Nov 4, 2024

About FWRD

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 shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment offers expedited truckload brokerage, dedi...

• Industry: Integrated Freight & Logistics
• Sector: Industrials
• IPO Date: Nov 16, 1993
• Employees: 4,251
• Stock Exchange: NASDAQ
• Ticker Symbol: FWRD
• Website: https://www.forwardaircorp.com

Financial Performance

In 2023, Forward Air's revenue was $1.37 billion, a decrease of -18.39% compared to the previous year's $1.68 billion. Earnings were $166.49 million, a decrease of -13.34%.

Analyst Forecast

According to 4 analysts, the average rating for FWRD stock is "Hold." The 12-month stock price forecast is $30.0, which is an increase of 3.70% from the latest price.

Price Target

$30.0

(3.70% upside)

Analyst Consensus: Hold