Forward Air Corp
General ticker "FWRD" information:
- Sector: Industrials
- Industry: Air Freight & Logistics
- Capitalization: $943.2M
Forward Air Corp does not follow the US Stock Market performance with the rate: -4.6%.
Estimated limits based on current volatility of 3.4%: low 28.79$, high 30.81$
Factors to consider:
- Current price 31.1% below estimated low
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [41.31$, 75.73$]
- 2024-12-30 to 2025-12-30 estimated range: [41.20$, 72.80$]
Financial Metrics affecting the FWRD estimates:
- Positive: Non-GAAP EPS, $ of 4.08 > 2.29
- Positive: 1.03 < Operating profit margin, % of 6.44
- Positive: 2.14 < Industry operating profit margin (median), % of 3.25
- Negative: Interest expense per share, $ of 1.22 > 0.74
- Positive: 7.18 < Operating cash flow per share per price, % of 10.87
Short-term FWRD quotes
Long-term FWRD plot with estimates
Financial data
| YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
|---|---|---|---|
| Operating Revenue | $1,662.43MM | $1,973.40MM | $1,370.73MM |
| Operating Expenses | $1,503.13MM | $1,707.43MM | $1,282.53MM |
| Operating Income | $159.30MM | $265.98MM | $88.21MM |
| Non-Operating Income | $-4.34MM | $-5.14MM | $-31.57MM |
| Interest Expense | $4.34MM | $5.14MM | $31.57MM |
| R&D Expense | $2.39MM | $2.56MM | $0.00MM |
| Income(Loss) | $154.96MM | $260.84MM | $56.64MM |
| Taxes | $38.87MM | $67.65MM | $13.84MM |
| Other Income(Loss) | $-10.23MM | $0.00MM | $0.00MM |
| Profit(Loss) | $105.86MM | $193.19MM | $42.80MM |
| Stockholders Equity | $593.65MM | $707.24MM | $764.26MM |
| Inventory | $0.00MM | $0.00MM | $0.00MM |
| Assets | $1,117.82MM | $1,208.08MM | $2,979.53MM |
| Operating Cash Flow | $124.90MM | $259.09MM | $181.39MM |
| Capital expenditure | $39.11MM | $40.73MM | $30.73MM |
| Investing Cash Flow | $-96.33MM | $-104.46MM | $174.84MM |
| Financing Cash Flow | $-31.50MM | $-146.12MM | $1,550.03MM |
| Earnings Per Share* | $3.87 | $7.18 | $0.44 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.