FWRD:NGS-Forward Air Corporation (USD)

EQUITY | Integrated Freight & Logistics | Nasdaq Global Select

Last Closing

USD 14.41

Change

-0.41 (-2.77)%

Market Cap

USD 1.49B

Volume

1.23M

Analyst Target

USD 56.33
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Forward Air Corp provides surface transportation & logistics services to the North American deferred air freight market. It provides its services to freight forwarders, cargo airlines, and integrated air cargo carriers.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-05-15 )

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SFWL Shengfeng Development Limited ..

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CRGO Freightos Limited Ordinary sha..

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ETFs Containing FWRD

NRSH Tidal ETF Trust 5.15 % 0.00 %

-0.01 (-0.06%)

USD 0.01B
ISMD Inspire Small/Mid Cap Imp.. 0.00 % 0.62 %

+0.10 (+-0.06%)

USD 0.19B

Market Performance

  Market Performance vs. Industry/Classification (Integrated Freight & Logistics) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -77.08% 7% C- 2% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -77.08% 7% C- 2% F
Trailing 12 Months  
Capital Gain -85.14% 15% F 6% D-
Dividend Return 0.74% 20% F 9% A-
Total Return -84.40% 15% F 6% D-
Trailing 5 Years  
Capital Gain -75.98% 22% F 17% F
Dividend Return 6.75% 25% F 24% F
Total Return -69.23% 22% F 19% F
Average Annual (5 Year Horizon)  
Capital Gain 8.17% 46% F 66% D+
Dividend Return 9.26% 46% F 66% D+
Total Return 1.09% 33% F 28% F
Risk Return Profile  
Volatility (Standard Deviation) 40.62% 38% F 44% F
Risk Adjusted Return 22.79% 38% F 59% D-
Market Capitalization 1.49B 54% F 60% D-

Key Financial Ratios

  Ratio vs. Industry/Classification (Integrated Freight & Logistics) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 39.00 90% 60%
Price/Book Ratio 0.88 92% 74%
Price / Cash Flow Ratio 2.35 77% 44%
Price/Free Cash Flow Ratio 17.16 8% 15%
Management Effectiveness  
Return on Equity -7.92% 54% 51%
Return on Invested Capital 4.39% 43% 68%
Return on Assets 0.79% 54% 66%
Debt to Equity Ratio 234.28% 33% 9%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector