Forward Air Statistics
Total Valuation
Forward Air has a market cap or net worth of $1.04 billion. The enterprise value is $3.10 billion.
Important Dates
The last earnings date was Monday, November 4, 2024, after market close.
| Earnings Date | Nov 4, 2024 |
| Ex-Dividend Date | Nov 21, 2023 |
Share Statistics
Forward Air has 28.95 million shares outstanding. The number of shares has increased by 1.54% in one year.
| Current Share Class | 28.95M |
| Shares Outstanding | 28.95M |
| Shares Change (YoY) | +1.54% |
| Shares Change (QoQ) | +4.25% |
| Owned by Insiders (%) | 1.72% |
| Owned by Institutions (%) | 95.38% |
| Float | 21.05M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 205.72 |
| PS Ratio | 0.44 |
| Forward PS | 0.35 |
| PB Ratio | 4.55 |
| P/TBV Ratio | n/a |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 1.42 |
| EV / EBITDA | 14.00 |
| EV / EBIT | 30.84 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.21, with a Debt / Equity ratio of 6.20.
| Current Ratio | 1.21 |
| Quick Ratio | 1.11 |
| Debt / Equity | 6.20 |
| Debt / EBITDA | 2.67 |
| Debt / FCF | n/a |
| Interest Coverage | 0.61 |
Financial Efficiency
Return on equity (ROE) is -220.34% and return on invested capital (ROIC) is 3.71%.
| Return on Equity (ROE) | -220.34% |
| Return on Assets (ROA) | 2.96% |
| Return on Capital (ROIC) | 3.71% |
| Revenue Per Employee | $512,784 |
| Profits Per Employee | -$159,990 |
| Employee Count | 4,251 |
| Asset Turnover | 1.03 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -198.25M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -44.72% in the last 52 weeks. The beta is 1.02, so Forward Air's price volatility has been similar to the market average.
| Beta (5Y) | 1.02 |
| 52-Week Price Change | -44.72% |
| 50-Day Moving Average | 36.17 |
| 200-Day Moving Average | 28.40 |
| Relative Strength Index (RSI) | 51.15 |
| Average Volume (20 Days) | 721,637 |
Short Selling Information
The latest short interest is 4.40 million, so 15.19% of the outstanding shares have been sold short.
| Short Interest | 4.40M |
| Short Previous Month | 4.29M |
| Short % of Shares Out | 15.19% |
| Short % of Float | 20.90% |
| Short Ratio (days to cover) | 7.00 |
Income Statement
In the last 12 months, Forward Air had revenue of $2.18 billion and -$680.12 million in losses. Loss per share was -$25.52.
| Revenue | 2.18B |
| Gross Profit | 444.45M |
| Operating Income | 100.56M |
| Pretax Income | -795.03M |
| Net Income | -680.12M |
| EBITDA | 221.55M |
| EBIT | 100.56M |
| Loss Per Share | -$25.52 |
Full Income StatementBalance Sheet
The company has $136.62 million in cash and $2.09 billion in debt, giving a net cash position of -$1.95 billion or -$67.40 per share.
| Cash & Cash Equivalents | 136.62M |
| Total Debt | 2.09B |
| Net Cash | -1.95B |
| Net Cash Per Share | -$67.40 |
| Equity (Book Value) | 336.53M |
| Book Value Per Share | 7.88 |
| Working Capital | 96.38M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$29.83 million and capital expenditures -$38.46 million, giving a free cash flow of -$68.28 million.
| Operating Cash Flow | -29.83M |
| Capital Expenditures | -38.46M |
| Free Cash Flow | -68.28M |
| FCF Per Share | -$2.36 |
Full Cash Flow StatementMargins
Gross margin is 20.39%, with operating and profit margins of 4.61% and -31.14%.
| Gross Margin | 20.39% |
| Operating Margin | 4.61% |
| Pretax Margin | -59.75% |
| Profit Margin | -31.14% |
| EBITDA Margin | 10.16% |
| EBIT Margin | 4.61% |
| FCF Margin | -4.66% |
Dividends & Yields
This stock pays an annual dividend of $0.96, which amounts to a dividend yield of 2.68%.
| Dividend Per Share | $0.96 |
| Dividend Yield | 2.68% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -1.54% |
| Shareholder Yield | 1.13% |
| Earnings Yield | -65.47% |
| FCF Yield | -6.57% |
Dividend DetailsAnalyst Forecast
The average price target for Forward Air is $30.00, which is -16.39% lower than the current price. The consensus rating is "Hold".
| Price Target | $30.00 |
| Price Target Difference | -16.39% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 0.95 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.95 |
| Piotroski F-Score | 3 |