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Forward Air Corporation is an integrated freight & logistics business based in the US. Forward Air Corporation shares (FWRD) are listed on the NASDAQ and all prices are listed in US Dollars. Forward Air Corporation employs 4,640 staff and has a trailing 12-month revenue of around USD$1.4 billion.
|Latest market close||USD$78.2|
|52-week range||USD$39.204 - USD$78.95|
|50-day moving average||USD$73.9915|
|200-day moving average||USD$60.2466|
|Wall St. target price||USD$69.25|
|Dividend yield||USD$0.84 (1.1%)|
|Earnings per share (TTM)||USD$1.861|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-12)||-2.75%|
|1 month (2020-12-18)||78.2|
|3 months (2020-10-19)||26.40%|
|6 months (2020-07-17)||53.36%|
|1 year (2020-01-17)||9.85%|
|2 years (2019-01-18)||32.34%|
|3 years (2018-01-19)||24.32%|
|5 years (2016-01-19)||91.85%|
Valuing Forward Air Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Forward Air Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Forward Air Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 41x. In other words, Forward Air Corporation shares trade at around 41x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Forward Air Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.01. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Forward Air Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Forward Air Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$128.7 million.
The EBITDA is a measure of a Forward Air Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$1.4 billion|
|Operating margin TTM||6.14%|
|Gross profit TTM||USD$330 million|
|Return on assets TTM||5.43%|
|Return on equity TTM||11.63%|
|Market capitalisation||USD$2.1 billion|
TTM: trailing 12 months
There are currently 461,062 Forward Air Corporation shares held short by investors – that's known as Forward Air Corporation's "short interest". This figure is 0.6% up from 458,241 last month.
There are a few different ways that this level of interest in shorting Forward Air Corporation shares can be evaluated.
Forward Air Corporation's "short interest ratio" (SIR) is the quantity of Forward Air Corporation shares currently shorted divided by the average quantity of Forward Air Corporation shares traded daily (recently around 117318.57506361). Forward Air Corporation's SIR currently stands at 3.93. In other words for every 100,000 Forward Air Corporation shares traded daily on the market, roughly 3930 shares are currently held short.
However Forward Air Corporation's short interest can also be evaluated against the total number of Forward Air Corporation shares, or, against the total number of tradable Forward Air Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Forward Air Corporation's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Forward Air Corporation shares in existence, roughly 20 shares are currently held short) or 0.023% of the tradable shares (for every 100,000 tradable Forward Air Corporation shares, roughly 23 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Forward Air Corporation.
Find out more about how you can short Forward Air Corporation stock.
Dividend payout ratio: 34.88% of net profits
Recently Forward Air Corporation has paid out, on average, around 34.88% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.1% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Forward Air Corporation shareholders could enjoy a 1.1% return on their shares, in the form of dividend payments. In Forward Air Corporation's case, that would currently equate to about $0.84 per share.
While Forward Air Corporation's payout ratio might seem fairly standard, it's worth remembering that Forward Air Corporation may be investing much of the rest of its net profits in future growth.
Forward Air Corporation's most recent dividend payout was on 10 December 2020. The latest dividend was paid out to all shareholders who bought their shares by 24 November 2020 (the "ex-dividend date").
Forward Air Corporation's shares were split on a 3:2 basis on 4 April 2005. So if you had owned 2 shares the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Forward Air Corporation shares – just the quantity. However, indirectly, the new 33.3% lower share price could have impacted the market appetite for Forward Air Corporation shares which in turn could have impacted Forward Air Corporation's share price.
Over the last 12 months, Forward Air Corporation's shares have ranged in value from as little as $39.204 up to $78.95. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Forward Air Corporation's is 1.168. This would suggest that Forward Air Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United State and Canada. The company operates through three segments: Expedited Freight, Intermodal, and Pool Distribution. The Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services; and other services, which include final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. It also offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract, and container freight station warehouse and handling services. The Pool segment offers pool distribution services comprising managing high-frequency handling and distribution of time-sensitive products to various destinations through a network of terminals. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.
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