Forward Air Corporation (FWRD)
NASDAQ: FWRD · Real-Time Price · USD
16.10
-1.17 (-6.77%)
May 9, 2025, 3:19 PM - Market open

Forward Air Statistics

Total Valuation

Forward Air has a market cap or net worth of $489.81 million. The enterprise value is $2.54 billion.

Market Cap 489.81M
Enterprise Value 2.54B

Important Dates

The last earnings date was Wednesday, May 7, 2025, after market close.

Earnings Date May 7, 2025
Ex-Dividend Date n/a

Share Statistics

Forward Air has 30.42 million shares outstanding. The number of shares has increased by 10.01% in one year.

Current Share Class 30.42M
Shares Outstanding 30.42M
Shares Change (YoY) +10.01%
Shares Change (QoQ) +2.81%
Owned by Insiders (%) 1.83%
Owned by Institutions (%) 83.76%
Float 22.39M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.19
Forward PS 0.18
PB Ratio 3.40
P/TBV Ratio n/a
P/FCF Ratio n/a
P/OCF Ratio 128.79
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 1.00
EV / EBITDA 11.80
EV / EBIT 36.63
EV / FCF n/a

Financial Position

The company has a current ratio of 1.13, with a Debt / Equity ratio of 9.48.

Current Ratio 1.13
Quick Ratio 1.03
Debt / Equity 9.48
Debt / EBITDA 2.72
Debt / FCF n/a
Interest Coverage 0.36

Financial Efficiency

Return on equity (ROE) is -140.72% and return on invested capital (ROIC) is 1.50%.

Return on Equity (ROE) -140.72%
Return on Assets (ROA) 1.28%
Return on Invested Capital (ROIC) 1.50%
Return on Capital Employed (ROCE) 2.93%
Revenue Per Employee $386,537
Profits Per Employee -$120,563
Employee Count 6,586
Asset Turnover 0.75
Inventory Turnover n/a

Taxes

Income Tax -87.05M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -23.99% in the last 52 weeks. The beta is 1.24, so Forward Air's price volatility has been higher than the market average.

Beta (5Y) 1.24
52-Week Price Change -23.99%
50-Day Moving Average 17.64
200-Day Moving Average 28.91
Relative Strength Index (RSI) 48.47
Average Volume (20 Days) 731,464

Short Selling Information

The latest short interest is 4.29 million, so 14.12% of the outstanding shares have been sold short.

Short Interest 4.29M
Short Previous Month 3.69M
Short % of Shares Out 14.12%
Short % of Float 19.18%
Short Ratio (days to cover) 4.58

Income Statement

In the last 12 months, Forward Air had revenue of $2.55 billion and -$794.03 million in losses. Loss per share was -$28.76.

Revenue 2.55B
Gross Profit 504.41M
Operating Income 69.43M
Pretax Income -795.03M
Net Income -794.03M
EBITDA 215.60M
EBIT 69.43M
Loss Per Share -$28.76
Full Income Statement

Balance Sheet

The company has $116.31 million in cash and $2.15 billion in debt, giving a net cash position of -$2.04 billion or -$66.94 per share.

Cash & Cash Equivalents 116.31M
Total Debt 2.15B
Net Cash -2.04B
Net Cash Per Share -$66.94
Equity (Book Value) 227.01M
Book Value Per Share 5.08
Working Capital 55.10M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $3.93 million and capital expenditures -$44.00 million, giving a free cash flow of -$40.06 million.

Operating Cash Flow 3.93M
Capital Expenditures -44.00M
Free Cash Flow -40.06M
FCF Per Share -$1.32
Full Cash Flow Statement

Margins

Gross margin is 19.81%, with operating and profit margins of 2.73% and -31.66%.

Gross Margin 19.81%
Operating Margin 2.73%
Pretax Margin -46.52%
Profit Margin -31.66%
EBITDA Margin 8.47%
EBIT Margin 2.73%
FCF Margin n/a

Dividends & Yields

Forward Air does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -10.01%
Shareholder Yield -10.01%
Earnings Yield -156.80%
FCF Yield -7.91%
Dividend Details

Analyst Forecast

The average price target for Forward Air is $27.33, which is 69.75% higher than the current price. The consensus rating is "Hold".

Price Target $27.33
Price Target Difference 69.75%
Analyst Consensus Hold
Analyst Count 5
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on April 4, 2005. It was a forward split with a ratio of 1.5:1.

Last Split Date Apr 4, 2005
Split Type Forward
Split Ratio 1.5:1

Scores

Forward Air has an Altman Z-Score of 1 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1
Piotroski F-Score 4