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Forward Air Corporation (FWRD)

Stock Price: $58.57 USD 0.51 (0.88%)
Updated Aug 11, 2020 4:00 PM EDT - Market closed
After-hours: $58.87 +0.30 (0.51%) Aug 11, 4:11 PM

Stock Price Chart

Key Info

Market Cap 1.64B
Revenue (ttm) 1.42B
Net Income (ttm) 57.89M
Shares Out 27.98M
EPS (ttm) 2.02
PE Ratio 29.00
Forward PE n/a
Dividend $0.72
Dividend Yield 1.23%

Stock Quote

Trading Day Aug 11, 2020
Last Price $58.57
Previous Close $58.06
Change ($) 0.51
Change (%) 0.88%
Day's Open 58.87
Day's Range 58.17 - 59.82
Day's Volume 204,642
52-Week Range 39.59 - 72.09

More Stats

Market Cap 1.64B
Enterprise Value 1.82B
Earnings Date (est) Oct 21, 2020
Ex-Dividend Date May 21, 2020
Shares Outstanding 27.98M
Float 27.54M
EPS (basic) 2.05
EPS (diluted) 2.02
FCF / Share 4.28
Dividend $0.72
Dividend Yield 1.23%
Earnings Yield 3.45%
FCF Yield 7.30%
Payout Ratio 35.10%
Shares Short 565,719
Short Ratio 2.65
Short % of Float 1.90%
Beta 1.16
PE Ratio 29.00
Forward PE n/a
P/FCF Ratio 13.69
PS Ratio 1.16
PB Ratio 2.80
Revenue 1.42B
Operating Income 89.16M
Net Income 57.89M
Free Cash Flow 119.70M
Net Cash -181.59M
Net Cash / Share -6.49
Gross Margin 23.31%
Operating Margin 6.30%
Profit Margin 4.20%
FCF Margin 8.45%
ROA 5.86%
ROE 12.33%
ROIC 11.90%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 0
Overweight 1
Hold 5
Underweight 0
Sell 0

Analyst Consensus: Overweight

Price Target

$54.00*
(-7.80% downside)
Low
45.0
Current: $58.57
High
60.0
Target: 54.00
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue1,4101,3211,1691,030959781652584536484
Revenue Growth6.78%12.96%13.51%7.41%22.81%19.69%11.64%8.96%10.84%-
Gross Profit665608544496468392322294276248
Operating Income11912210959.7081.7796.4184.3683.5377.1153.74
Net Income87.1092.0587.2627.5155.5861.1754.4752.6747.2032.04
Shares Outstanding28.1729.2029.7730.5230.8330.4530.1428.9729.0528.98
Earnings Per Share3.043.122.890.901.781.961.771.781.601.10
EPS Growth-2.56%7.96%221.11%-49.44%-9.18%10.73%-0.56%11.25%45.45%-
Dividend Per Share0.720.630.600.510.480.480.400.340.280.28
Dividend Growth14.29%5%17.65%6.25%0%20%17.65%21.43%0%-
Operating Cash Flow15915310313085.7291.6690.8468.5976.9654.00
Capital Expenditures-24.92-35.23-35.83-40.26-38.78-37.54-33.47-20.44-19.95-13.67
Free Cash Flow13411767.5490.0946.9554.1257.3748.1457.0140.33
Cash & Equivalents64.7525.663.898.5133.3141.4312711258.8074.50
Total Debt17947.6440.9528.7484.501.550.070.330.8951.52
Net Cash / Debt-114-21.99-37.05-20.23-51.1939.8812711257.9222.98
Assets991760693641700539506399341349
Liabilities41420716014219075.7570.4047.5254.2592.71
Book Value577553533499510464436352287256
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Forward Air Corporation
Country United States
Employees 4,640
CEO Tom Schmitt

Stock Information

Ticker Symbol FWRD
Stock Exchange NASDAQ
Sector Services
Industry Air Delivery & Freight Services
Unique Identifier NASDAQ: FWRD
IPO Date November 16, 1993

Description

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United State and Canada. The company operates through three segments: Expedited Freight, Intermodal, and Pool Distribution. 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. It 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. The Pool segment offers pool distribution services comprising managing high-frequency handling and distribution of time-sensitive products to various destinations through a network of terminals. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.