The Technical Analyst
Forward Air Corp [FWRD]
Exchange: NASDAQ Sector: Industrials Industry: Integrated Freight & Logistics
Forward Air Corp Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
0.44% $22.75
America/New_York / 18 apr 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 583.81 mill |
| EPS: | 1.470 |
| P/E: | 15.48 |
| Earnings Date: | Apr 29, 2024 |
| SharesOutstanding: | 25.66 mill |
| Avg Daily Volume: | 1.020 mill |
| RATING 2024-04-18 |
|---|
| B |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Buy | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Strong Buy | |
| P/E: | Strong Sell | |
| Price To Book: | Buy |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 1.37x |
| Company: PE 15.48 | sector: PE 11.29 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 1.04x |
| Company: PE 15.48 | industry: PE 14.83 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 21.15 - 24.35 ( +/- 7.02%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-03-06 | Schmachtenberger Christopher H. | Buy | 0 | |
| 2024-02-09 | Schmitt Thomas | Buy | 15 740 | Common Stock |
| 2024-02-09 | Schmitt Thomas | Buy | 5 932 | Common Stock |
| 2024-02-09 | Schmitt Thomas | Sell | 1 770 | Common Stock |
| 2024-02-09 | Schmitt Thomas | Sell | 6 304 | Common Stock |
| INSIDER POWER |
|---|
| 26.26 |
| Last 90 transactions |
| Buy: 6 530 084 | Sell: 3 555 943 |
Forecast:
16:00 - $22.75
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $22.75
Forecast 2: 16:00 - $22.75
Forecast 3: 16:00 - $22.75
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $22.75 (0.44% ) |
| Volume | 0.877 mill |
| Avg. Vol. | 1.020 mill |
| % of Avg. Vol | 86.01 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For FWRD
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | sell | $42.88 | N/A | Active |
|---|
FWRD
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States and Canada. It operates in two segments, Expedited Freight and Intermodal. 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. This segment 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. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines, and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.
Last 10 Buy Signals
Latest Press Releases
2024-03-21 13:09:00 - Press Release
Forward Air Leaders Recognized For Outstanding Service
Greeneville, tenn.--(business wire)--forward air corporation (nasdaq: fwrd) (“forward” or “the company”) is pleased to announce that four leaders have been recognized for outstanding achievements in their respective spaces. supply & demand chain executive has recognized the following leaders with the 2024 pros to know award: chris ruble – president & chief operating officer, received the lifetime achievement award. this award honors company leaders who've made outstanding contributions.
2024-02-28 18:08:00 - Press Release
Forward Air Corporation Reports Fourth Quarter And Full Year 2023 Results
Greeneville, tenn.--(business wire)--forward air corporation (nasdaq:fwrd) (the “company”, “we”, “our”, or “us”) today reported financial results for the three and twelve months ended december 31, 2023 as presented in the tables below on a continuing operations basis (final mile is being reported as a discontinued operation). michael hance, interim chief executive officer said, “execution of our revenue growth strategies in the fourth quarter led to positive volume trends and improved freight q.
2024-02-16 09:35:00 - Press Release
Forward Air Corporation Changes Timing Of Fourth Quarter 2023 Earnings Release To February 28
Greeneville, tenn.--(business wire)--forward air corporation (nasdaq: fwrd) (“forward” or “the company”) today changed the date for the release of its fourth quarter 2023 earnings. forward plans to release its fourth quarter 2023 earnings after the market closes on wednesday, february 28 and hold a conference call to discuss those results on the following day, thursday, february 29 at 9:00 a.m. et. the conference call will be available online on the investor relations portion of the company's w.
2024-02-07 08:21:00 - Press Release
Forward Air Announces Leadership Changes
Greeneville, tenn.--(business wire)--forward air corporation (nasdaq: fwrd) (“forward” or “the company”) today announced several updates to its senior management team and board of directors (“the board”). management changes tom schmitt, chairman, chief executive officer and president of forward, has departed the company. effective immediately, michael hance has been appointed interim chief executive officer in addition to his current position as chief legal officer and secretary. since joining.
2024-02-05 09:38:00 - Press Release
Forward Air Provides Update On January 2024 Performance
Greeneville, tenn.--(business wire)--forward air corporation (nasdaq: fwrd) (“forward”) today provided the following ltl expedited freight operating statistics for january 2024. during this period, weight per shipment increased 9.8%, pounds per day also increased 9.2% compared to the same period last year. finally, revenue per ton mile increased 1.9% over the same period last year, excluding fuel. tom schmitt, chairman and chief executive officer of forward, commented: "we continue to improve o.
Latest News
2024-04-12 06:30:00 - InvestorPlace
Wall Street Favorites: 3 Transportation Stocks With Strong Buy Ratings for April 2024
It's a great time to be looking at transportation stocks to buy. Thanks to the reshoring boom, multinational companies are looking to relocate much of their supply chains and manufacturing capacity back to the United States and the North American free trade zone.
2024-02-29 13:22:08 - Seeking Alpha
Forward Air Corporation (FWRD) Q4 2023 Earnings Call Transcript
Goldman Sachs BDC (NYSE:GSBD) Q4 2023 Earnings Conference Call February 29, 2024 9:00 AM ET
2024-02-28 21:01:14 - Zacks Investment Research
Here's What Key Metrics Tell Us About Forward Air (FWRD) Q4 Earnings
Although the revenue and EPS for Forward Air (FWRD) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
2024-02-28 20:26:04 - Zacks Investment Research
Forward Air (FWRD) Q4 Earnings and Revenues Miss Estimates
Forward Air (FWRD) came out with quarterly earnings of $0.81 per share, missing the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.65 per share a year ago.
2024-02-11 15:18:26 - Seeking Alpha
Forward Air And Its Real Value
Forward Air Corp. has acquired Omni Logistics, leading to concerns about debt and loss of ownership control for shareholders. The company's growth has declined due to supply chain issues and reduced consumer spending. Forward Air is positioned well in the LTL industry and has potential for long-term growth if the merger is successful.
2024-01-29 09:57:00 - Business Wire
Forward Air Corporation Announces Timing of Fourth Quarter 2023 Earnings Release and Conference Call
GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its fourth quarter 2023 earnings after the market closes on Wednesday, February 21, 2024 and hold a conference call to discuss those results on the following day, Thursday, February 22, 2024 at 9:00 a.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com, or by dialing (877) 336-4440, Access Code: 5236215. Since we us.
2023-10-30 21:03:06 - Zacks Investment Research
Forward Air (FWRD) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Forward Air (FWRD) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
2023-10-30 20:18:14 - Zacks Investment Research
Forward Air (FWRD) Q3 Earnings and Revenues Lag Estimates
Forward Air (FWRD) came out with quarterly earnings of $0.99 per share, missing the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.93 per share a year ago.
2023-10-17 14:34:36 - The Motley Fool
Why Forward Air Stock Is Advancing Today
An activist investor is calling on Forward to scrap its planned $3.2 billion acquisition and focus on internal improvements instead. The activist is also pushing to replace the CEO and some members of the board.
2023-10-17 11:52:00 - Market Watch
Forward Air's stock driven higher after activist investor says stock can soar more than 80% if shareholders take action
Shares of Forward Air Corp. FWRD, +5.04% were driven up 4.8% in morning trading Tuesday, after activist investor Ancora Alternatives LLC said it believes the less-than-truckload and freight services company value could nearly double if shareholders take action. Ancora, which said it is a “top 5” shareholder of Forward Air, said the stock can trade “north of $100” over the next six months, if shareholders vote down the cash-and-stock deal to buy Omni Logistics LLC announced on Aug. 10, then vote to replace the board of directors and management team.