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1 Comment
Forward Air Corporation is currently in a long term uptrend where the price is trading 7.8% above its 200 day moving average.
From a valuation standpoint, the stock is 96.2% cheaper than other stocks from the Industrials sector with a price to sales ratio of 2.0.
Forward Air Corporation's total revenue sank by 17.9% to $313M since the same quarter in the previous year.
Its net income has increased by 1.8% to $25M since the same quarter in the previous year.
Finally, its free cash flow fell by 87.9% to $5M since the same quarter in the previous year.
Based on the above factors, Forward Air Corporation gets an overall score of 3/5.
ISIN | US3498531017 |
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Exchange | NASDAQ |
CurrencyCode | USD |
Sector | Industrials |
Industry | Integrated Freight & Logistics |
Market Cap | 472M |
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Beta | 1.11 |
PE Ratio | None |
Target Price | 33 |
Dividend Yield | None |
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada. It operates through three segments: Expedited Freight, Omni Logistics, 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 shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. This segment offers expedited truckload brokerage, dedicated fleet, and high security and temperature-controlled logistics services. Its Omni Logistics segment offers full suite of global logistics services, such as air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, time-definite transportation services, and other supply chain solutions. 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.
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