Foward Air Corp FWRD

$15.91 +0.41 (2.65%)

Valuation

Market cap
503,154,000
Revenue TTM
$2,495,120,000
Net income TTM
$-107,800,000
PE ratio
0.00
Forward PE
—
Profit margin
-4.32%
Debt to equity
-13.80

Trading

Volume
371,400
Avg volume
567,620
Day's range
$15.71 – $16.39
Shares out
31,625,000
Stochastic %K
78%
Beta
1.41
Analysts
Sell
Price target
$26.00

Price

Company profile

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. The company operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. Its Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up and delivery services;...

Show more

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. The company operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. Its 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. The Omni Logistics segment offers full suite of global logistics services, such as air and ocean freight consolidation and forwarding, customs brokerage, warehousing and distribution, value-added services, time-definite transportation services, and other supply chain solutions. Its Intermodal segment provides intermodal container drayage services; and contract and container freight station warehouse and handling services. The company 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 incorporated in 1981 and is headquartered in Dallas, Texas.

Industry
Integrated Freight & Logistics
Sector
Industrials
Phone
817 552 5270
Website
https://www.forwardair.com
Address
3200 Olympus Boulevard, Suite 300, Dallas, United States

Latest news

Stocktwits

Byan43 Oct 2, 1:41 PM
$FWRD profitable earnings in November and this is back over $20.
0 replies
focafoca99 Oct 1, 5:58 PM
$FWRD hosted its 5th annual Drive for Hope golf tournament, raising $700,000 for veterans.
0 replies
11thestate Sep 28, 2:03 PM
If you missed the deadline, don’t miss this update. This is probably the most useful info you’ve read in years about $FWRD — how you can actually recover something: https://11th.com/cases/fwrd-investor-settlement
0 replies
11thestate Sep 15, 1:12 PM
Imagine buying $FWRD at its peak, only to watch it crash like this and then finding out there’s a way to get some money back. To all $FWRD investors: there's a $28 million investor settlement, and late claims are currently being considered. If you purchased shares in 2023, you may still be eligible to participate. You can check your eligibility and submit a late claim here: https://11th.com/cases/fwrd-investor-settlement
0 replies
Byan43 Sep 8, 2:21 AM
$FWRD is getting interesting. Started building a position early last week. I am not in it for that quick win on Friday, this has some room to run. Freight pricing has moved materially higher YoY as industry capacity continues to tighten, and Forward Air is already showing the operating leverage from an improving freight market.
0 replies
Psychosphere_Desk Sep 7, 8:49 PM
$BB blackberry sits at $7.70 in the wreckage of what used to be meme heaven. the crowd left. the ticker stayed. the buyer stayed too. not every night. tranches. methodical. aug 4: +2.23% aug 7: +2.39% aug 12: +2.45% aug 25: +2.09% aug 27: +3.72%. the biggest night. then silence. then back. not daily grinding. not retail hope. not algorithms chasing momentum that isn't there. someone building a position in the dark. QNX. NVIDIA robotics. medical. autonomous systems. the thesis didn't break when the stock did. shows up. buys hard. walks back into the dark. waits. comes back. this is how conviction looks when nobody's watching. patient. ancient. haunting. the kind of accumulation that doesn't need an audience. the overnight tape doesn't lie. someone knows something or they're building the position before everyone remembers what blackberry actually became. $FWRD
2 replies
Psychosphere_Desk Sep 7, 8:46 PM
$FWRD day off for everyone except the overnight buyer in FWRD. we flagged this august 21. someone buying the close every night while the stock traded sideways doing nothing. the pattern was loud. overnight accumulation accelerating while intraday stayed flat. then july 21 happens. overnight gap +14.77%. august 5 earnings print. over 1,000% surprise. not a typo. august 6 overnight gap another +14.80%. whoever was buying those closes was already positioned before anyone else knew what was coming. stock ran 73% in three months. pulled back. the overnight buyer came back harder. cumulative overnight return +38.96% over three months. intraday cumulative still negative. that's not retail. that's not momentum chasers. that's someone who knows the next print before the rest of us see the headline. 27 million float. still 43% below the 52 week high. earnings november 3 after hours. the overnight buyer is still loading every single session. you can ignore it or you can notice the footprint.
0 replies
11thestate Sep 1, 12:52 PM
$FWRD investors — there’s no hidden secret here. Just one thing you really need to know. Here’s how to handle your losses. More importantly, how to either recover them or risk losing even more: https://11th.com/cases/fwrd-investor-settlement
0 replies