Forward Air Net Worth
Forward Air Net Worth Breakdown | FWRD |
Forward Air Net Worth Analysis
Forward Air's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Forward Air's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Forward Air's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Forward Air's net worth analysis. One common approach is to calculate Forward Air's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Forward Air's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Forward Air's net worth. This approach calculates the present value of Forward Air's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Forward Air's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Forward Air's net worth. This involves comparing Forward Air's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Forward Air's net worth relative to its peers.
Enterprise Value |
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To determine if Forward Air is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Forward Air's net worth research are outlined below:
| Forward Air had very high historical volatility over the last 90 days | |
| Forward Air has a frail financial position based on the latest SEC disclosures | |
| Over 98.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Forward Air Co. Given Consensus Recommendation of Hold by Brokerages - MarketBeat |
Forward Air Quarterly Good Will |
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Forward Air uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Forward Air. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Forward Air's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 6th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Know Forward Air's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Forward Air is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Forward Air backward and forwards among themselves. Forward Air's institutional investor refers to the entity that pools money to purchase Forward Air's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Alta Fox Capital Management, Llc | 2024-09-30 | 797.1 K | Paralel Advisors Llc | 2024-09-30 | 750 K | Geode Capital Management, Llc | 2024-06-30 | 718.4 K | Bank Of America Corp | 2024-06-30 | 694.9 K | Charles Schwab Investment Management Inc | 2024-09-30 | 675.9 K | Goldman Sachs Group Inc | 2024-06-30 | 533.7 K | Two Sigma Investments Llc | 2024-06-30 | 450.7 K | Goldentree Asset Management Lp | 2024-09-30 | 404 K | Hawk Ridge Management Llc | 2024-09-30 | 392.1 K | Blackrock Inc | 2024-06-30 | 4.5 M | Clearlake Capital Group Lp | 2024-06-30 | 3.8 M |
Follow Forward Air's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.03 B.Market Cap |
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Project Forward Air's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.07 | 0.12 | |
| Return On Capital Employed | 0.03 | 0.03 | |
| Return On Assets | 0.06 | 0.05 | |
| Return On Equity | 0.22 | 0.20 |
When accessing Forward Air's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Forward Air's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Forward Air's profitability and make more informed investment decisions.
Please note, the presentation of Forward Air's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Forward Air's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Forward Air's management manipulating its earnings.
Evaluate Forward Air's management efficiency
Forward Air has return on total asset (ROA) of 0.0296 % which means that it generated a profit of $0.0296 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.2035) %, meaning that it created substantial loss on money invested by shareholders. Forward Air's management efficiency ratios could be used to measure how well Forward Air manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.12, whereas Return On Capital Employed is forecasted to decline to 0.03. At present, Forward Air's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 1.9 B, whereas Fixed Asset Turnover is forecasted to decline to 3.66.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 29.49 | 30.97 | |
| Tangible Book Value Per Share | 13.54 | 14.21 | |
| Enterprise Value Over EBITDA | 23.71 | 22.53 | |
| Price Book Value Ratio | 2.13 | 2.03 | |
| Enterprise Value Multiple | 23.71 | 22.53 | |
| Price Fair Value | 2.13 | 2.03 | |
| Enterprise Value | 1.6 B | 1.7 B |
The strategic initiatives led by Forward Air's management are central to its market success. By analyzing these initiatives, we provide a clear picture of the stock's growth prospects.
Enterprise Value Revenue 1.3594 | Revenue 2.2 B | Quarterly Revenue Growth 0.924 | Revenue Per Share 81.783 | Return On Equity (2.20) |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Forward Air insiders, such as employees or executives, is commonly permitted as long as it does not rely on Forward Air's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Forward Air insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Forward Air Corporate Filings
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 5th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 28th of October 2024 An amendment to a previously filed Form 8-K | ViewVerify |
8K | 3rd of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Forward Air Earnings per Share Projection vs Actual
Forward Air Corporate Management
| James Faught | Chief Officer | Profile | |
| Rebecca Garbrick | CFO Treasurer | Profile | |
| Nancee Ronning | Chief Officer | Profile | |
| Jamie Pierson | Chief Officer | Profile | |
| Joseph Tomasello | Chief Officer | Profile | |
| Kyle Mitchin | Chief Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward Air. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Air Freight & Logistics space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forward Air. If investors know Forward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forward Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.45 | Earnings Share (29.29) | Revenue Per Share 81.783 | Quarterly Revenue Growth 0.924 | Return On Assets 0.0296 |
The market value of Forward Air is measured differently than its book value, which is the value of Forward that is recorded on the company's balance sheet. Investors also form their own opinion of Forward Air's value that differs from its market value or its book value, called intrinsic value, which is Forward Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forward Air's market value can be influenced by many factors that don't directly affect Forward Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forward Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.