Forward Air Stock Today
FWRD Stock | USD 33.37 0.28 0.83% |
Performance0 of 100
| Odds Of DistressLess than 39
|
Forward Air is trading at 33.37 as of the 29th of January 2025, a 0.83% down since the beginning of the trading day. The stock's lowest day price was 33.21. Forward Air has about a 39 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 1st of October 2024 and ending today, the 29th of January 2025. Click here to learn more.
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee. Foward Air operates under Integrated Freight Logistics classification in the United States and is traded on NASDAQ Exchange. The company has 28.95 M outstanding shares of which 3.94 M shares are currently shorted by private and institutional investors with about 7.23 trading days to cover. More on Forward Air
Moving together with Forward Stock
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0.61 | GVH | Globavend Holdings | PairCorr |
0.77 | GXO | GXO Logistics | PairCorr |
Moving against Forward Stock
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Forward Stock Highlights
Forward Air (FWRD) is traded on NASDAQ Exchange in USA. It is located in Building N, Greeneville, TN, United States, 37745 and employs 4,014 people. Forward Air is listed under Air Freight & Logistics category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 974.32 M. Forward Air conducts business under Air Freight & Logistics sector and is part of Industrials industry. The entity has 28.95 M outstanding shares of which 3.94 M shares are currently shorted by private and institutional investors with about 7.23 trading days to cover.
Forward Air currently holds about 46.85 M in cash with 181.39 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.74.
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Ownership AllocationThe majority of Forward Air outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Forward Air to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Forward Air. Please pay attention to any change in the institutional holdings of Forward Air as this could imply that something significant has changed or is about to change at the company.
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Forward Air Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Forward Air market risk premium is the additional return an investor will receive from holding Forward Air long position in a well-diversified portfolio.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.34) | |||
Treynor Ratio | (0.09) |
Forward Stock Against Markets
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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.
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.