Forward Air Corporation FWRD

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Price alert · FWRD

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18.32 USD +0.70 +3.97%

At close · Nov 2

18.32 0.00 0.00%

After hours · Nov 2, 4:00 PM ET

Bid
18.31 × 2
Ask
18.34 × 2
17.78 Day range 19.09
8.31 52-week range 30.23
YTD
-26.72%
1 year
-2.60%
Open
17.84
Prev close
17.62
Mkt cap
618.87M
Vol
386.06K
Avg vol
499.67K
EPS
-9.27
P/E
0.00
Div yield
2.75%
More statistics
Low
17.78
High
19.09
Forward P/E
105.44
Beta
1.02
Short ratio
6.11
Inst. own
115.22%
Dividend
0.96
Ex-div date
Nov 20, 2023
50-d avg
35.30
200-d avg
28.01
1y target
35.49

MAX chart

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Interval

Events in this range
  • Apr 4, 2005Split: 1.5 for 1
  • Mar 6, 2012Dividend: 0.07
  • Mar 6, 2013Dividend: 0.1
  • Mar 6, 2014Dividend: 0.12
  • Mar 7, 2017Dividend: 0.15
  • Mar 7, 2018Dividend: 0.15
  • Mar 6, 2019Dividend: 0.18
  • Mar 7, 2019Dividend: 0.18
  • Mar 4, 2020Dividend: 0.18
  • Mar 5, 2020Dividend: 0.18
  • Mar 3, 2021Dividend: 0.21
  • Mar 4, 2021Dividend: 0.21
  • Mar 2, 2022Dividend: 0.24
  • Mar 1, 2023Dividend: 0.24
  • Aug 2, 2023Earnings: 0.91; estimate 1.28; surprise -28.91%
  • Jul 3, 2024Rating: Baird · Neutral → Neutral
  • Aug 7, 2024Earnings: -23.29; estimate -0.07; surprise -33171.43%
  • Nov 4, 2024Earnings: -1.71; estimate -0.05; surprise -3320%
Signals (136)
NameDateAgo
SMA: BullishNov 2, 202613 hours ago
SMA: BearishMar 1, 20268 months ago
SMA: BullishNov 1, 20251 year ago
SMA: BearishOct 1, 20251 year ago
SMA: BullishJul 1, 20251 year ago
MACD: Buy SignalJun 1, 20251 year ago
MACD: Sell SignalApr 1, 20251 year ago
RSI: OversoldApr 1, 20251 year ago
SMA: BearishFeb 1, 20251 year ago
MACD: Buy SignalDec 1, 20241 year ago
SMA: BullishSep 1, 20242 years ago
RSI: OversoldFeb 1, 20242 years ago
SMA: BearishAug 1, 20233 years ago
SMA: BearishAug 1, 20233 years ago
SMA: BullishJun 1, 20233 years ago
SMA: BearishMay 1, 20233 years ago
SMA: BullishOct 1, 20224 years ago
SMA: BearishAug 1, 20224 years ago
SMA: BullishJul 1, 20224 years ago
MACD: Sell SignalMay 1, 20224 years ago

Newest 20 of 136.

Financial health

Altman Z-Score

0.50 Distress zone

Bankruptcy-risk model: below 1.81 distress, above 2.99 safe.

Piotroski F-Score

5 / 9 Average

Nine pass/fail tests of profitability, leverage and efficiency.

FMP rating

B-2 / 5 overall

  • DCF 5
  • Return on Equity 5
  • Return on Assets 1
  • Debt / Equity 1
  • P/E 1
  • P/B 1

Valuation

P/E -7.2×
FY 2016: 52.1×FY 2017: 19.8×FY 2018: 17.3×FY 2019: 22.9×FY 2020: 90.4×FY 2021: 31.3×FY 2022: 14.6×FY 2023: 143×FY 2024: -1.1×FY 2025: -7.2×
FY 2016 5y median 14.6× FY 2025
P/S 0.3×
FY 2016: 1.5×FY 2017: 1.6×FY 2018: 1.2×FY 2019: 1.6×FY 2020: 1.7×FY 2021: 2.4×FY 2022: 1.7×FY 2023: 1.2×FY 2024: 0.4×FY 2025: 0.3×
FY 2016 5y median 1.2× FY 2025
P/B 6.8×
FY 2016: 2.9×FY 2017: 3.2×FY 2018: 2.9×FY 2019: 3.4×FY 2020: 3.9×FY 2021: 5.5×FY 2022: 4.0×FY 2023: 2.1×FY 2024: 4.4×FY 2025: 6.8×
FY 2016 5y median 4.4× FY 2025
P/FCF 50.7×
FY 2016: 16.3×FY 2017: 26.6×FY 2018: 14.5×FY 2019: 14.4×FY 2020: 33.0×FY 2021: 40.5×FY 2022: 12.9×FY 2023: 10.8×FY 2024: -7.9×FY 2025: 50.7×
FY 2016 5y median 12.9× FY 2025
EV/EBITDA 15.2×
FY 2016: 14.9×FY 2017: 11.8×FY 2018: 9.8×FY 2019: 14.0×FY 2020: 20.9×FY 2021: 19.6×FY 2022: 10.4×FY 2023: 23.7×FY 2024: -3.2×FY 2025: 15.2×
FY 2016 5y median 15.2× FY 2025
EV/Sales 1.1×
FY 2016: 1.5×FY 2017: 1.6×FY 2018: 1.2×FY 2019: 1.7×FY 2020: 1.8×FY 2021: 2.6×FY 2022: 1.8×FY 2023: 2.5×FY 2024: 1.2×FY 2025: 1.1×
FY 2016 5y median 1.8× FY 2025
FCF Yield 2.0%
FY 2016: 6.1%FY 2017: 3.8%FY 2018: 6.9%FY 2019: 6.9%FY 2020: 3.0%FY 2021: 2.5%FY 2022: 7.8%FY 2023: 9.2%FY 2024: -12.7%FY 2025: 2.0%
FY 2016 5y median 2.5% FY 2025

Profitability

Gross Margin 20.5%
FY 2016: 21.9%FY 2017: 21.5%FY 2018: 20.1%FY 2019: 20.9%FY 2020: 18.0%FY 2021: 22.6%FY 2022: 29.3%FY 2023: 24.1%FY 2024: 13.7%FY 2025: 20.5%
FY 2016 5y median 22.6% FY 2025
Operating Margin 1.5%
FY 2016: 6.1%FY 2017: 9.9%FY 2018: 9.2%FY 2019: 9.3%FY 2020: 5.8%FY 2021: 10.6%FY 2022: 14.7%FY 2023: 6.4%FY 2024: -43.0%FY 2025: 1.5%
FY 2016 5y median 6.4% FY 2025
Net Margin -4.3%
FY 2016: 2.8%FY 2017: 7.9%FY 2018: 7.0%FY 2019: 7.2%FY 2020: 1.9%FY 2021: 7.6%FY 2022: 11.5%FY 2023: 12.2%FY 2024: -33.0%FY 2025: -4.3%
FY 2016 5y median 7.6% FY 2025
ROE -95.1%
FY 2016: 5.5%FY 2017: 16.4%FY 2018: 16.6%FY 2019: 15.1%FY 2020: 4.3%FY 2021: 17.8%FY 2022: 27.3%FY 2023: 21.9%FY 2024: -405.0%FY 2025: -95.1%
FY 2016 5y median 17.8% FY 2025
ROIC 1.4%
FY 2016: 4.8%FY 2017: 14.1%FY 2018: 13.6%FY 2019: 9.5%FY 2020: 6.1%FY 2021: 10.9%FY 2022: 16.8%FY 2023: 2.4%FY 2024: -37.8%FY 2025: 1.4%
FY 2016 5y median 2.4% FY 2025
ROA -3.9%
FY 2016: 4.3%FY 2017: 12.7%FY 2018: 12.1%FY 2019: 8.8%FY 2020: 2.3%FY 2021: 9.5%FY 2022: 16.0%FY 2023: 5.6%FY 2024: -29.1%FY 2025: -3.9%
FY 2016 5y median 5.6% FY 2025

Growth (YoY)

Revenue 0.8%
FY 2016: 2.4%FY 2017: 12.0%FY 2018: 20.0%FY 2019: -8.0%FY 2020: 4.5%FY 2021: 9.3%FY 2022: 21.1%FY 2023: -18.4%FY 2024: 80.5%FY 2025: 0.8%
FY 2016 FY 2025
Operating Income 103.4%
FY 2016: -26.7%FY 2017: 81.2%FY 2018: 12.3%FY 2019: -7.9%FY 2020: -34.2%FY 2021: 98.9%FY 2022: 68.4%FY 2023: -64.4%FY 2024: -1305.0%FY 2025: 103.4%
FY 2016 FY 2025
EPS (diluted) 88.3%
FY 2016: -49.4%FY 2017: 221.1%FY 2018: 9.0%FY 2019: -3.5%FY 2020: -72.4%FY 2021: 358.3%FY 2022: 85.5%FY 2023: -94.0%FY 2024: -6997.7%FY 2025: 88.3%
FY 2016 FY 2025
Free Cash Flow 113.6%
FY 2016: 94.9%FY 2017: -26.2%FY 2018: 69.4%FY 2019: 24.2%FY 2020: -53.0%FY 2021: 26.0%FY 2022: 169.1%FY 2023: -31.0%FY 2024: -174.6%FY 2025: 113.6%
FY 2016 FY 2025

Financial Health

Current Ratio 1.2×
FY 2016: 1.7×FY 2017: 2.7×FY 2018: 2.7×FY 2019: 1.7×FY 2020: 1.4×FY 2021: 1.7×FY 2022: 1.8×FY 2023: 1.5×FY 2024: 1.2×FY 2025: 1.2×
FY 2016 5y median 1.5× FY 2025
Quick Ratio 1.2×
FY 2016: 1.7×FY 2017: 2.7×FY 2018: 2.7×FY 2019: 1.7×FY 2020: 1.4×FY 2021: 1.7×FY 2022: 1.8×FY 2023: 1.5×FY 2024: 1.2×FY 2025: 1.2×
FY 2016 5y median 1.5× FY 2025
Debt / Equity 19.1×
FY 2016: 0.1×FY 2017: 0.1×FY 2018: 0.1×FY 2019: 0.3×FY 2020: 0.4×FY 2021: 0.5×FY 2022: 0.4×FY 2023: 2.5×FY 2024: 10.6×FY 2025: 19.1×
FY 2016 5y median 2.5× FY 2025
Net Debt / EBITDA 11.0×
FY 2016: 0.2×FY 2017: 0.2×FY 2018: 0.1×FY 2019: 0.8×FY 2020: 1.8×FY 2021: 1.6×FY 2022: 0.8×FY 2023: 12.5×FY 2024: -2.2×FY 2025: 11.0×
FY 2016 5y median 1.6× FY 2025
Interest Coverage 0.2×
FY 2016: 37.6×FY 2017: 89.9×FY 2018: 68.4×FY 2019: 41.5×FY 2020: 16.2×FY 2021: 33.9×FY 2022: 48.2×FY 2023: 2.8×FY 2024: -5.6×FY 2025: 0.2×
FY 2016 5y median 2.8× FY 2025

Dividends

Dividend Yield 0.0%
FY 2016: 1.1%FY 2017: 1.0%FY 2018: 1.2%FY 2019: 1.0%FY 2020: 1.0%FY 2021: 0.7%FY 2022: 0.9%FY 2023: 1.5%FY 2024: 0.0%FY 2025: 0.0%
FY 2016 5y median 0.7% FY 2025
Payout Ratio 0.0%
FY 2016: 56.1%FY 2017: 20.7%FY 2018: 20.0%FY 2019: 23.5%FY 2020: 87.9%FY 2021: 21.7%FY 2022: 13.4%FY 2023: 14.9%FY 2024: 0.0%FY 2025: 0.0%
FY 2016 5y median 13.4% FY 2025

Annual · latest fiscal year ends 2025-12-31