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Forward Air Corp FWRD

Morningstar Rating
$23.78 +1.03 (4.53%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

FWRD is trading at a 42% discount.
Price
$22.73
Fair Value
$38.65
Uncertainty
Very High
1-Star Price
$37.64
5-Star Price
$98.97
Economic Moat
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Capital Allocation
Nfyrnlvbv
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News

Trading Information

Previous Close Price
$22.75
Day Range
$22.72–23.83
52-Week Range
$22.08–121.38
Bid/Ask
$23.58 / $23.97
Market Cap
$627.09 Mil
Volume/Avg
906,695 / 1.0 Mil

Key Statistics

Price/Earnings (Normalized)
5.92
Price/Sales
0.43
Dividend Yield (Trailing)
3.16%
Dividend Yield (Forward)
4.22%
Total Yield
18.80%

Company Profile

Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight and Intermodal. The company generates maximum revenue from the Expedited Freight segment. The expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional, and national LTL (less-than-truckload) services. It also offers customers local pick-up and delivery and other services including final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. The Company conducts business in the United States, Canada, and Mexico.
Sector
Industrials
Industry
Integrated Freight & Logistics
Stock Style Box
Small Value
Total Number of Employees
4,251

Comparables

Valuation

Metric
FWRD
RLGT
ULH
Price/Earnings (Normalized)
5.927.707.53
Price/Book Value
0.761.151.59
Price/Sales
0.430.280.51
Price/Cash Flow
5.549.154.65
Price/Earnings
FWRD
RLGT
ULH

Financial Strength

Metric
FWRD
RLGT
ULH
Quick Ratio
1.181.381.28
Current Ratio
1.461.501.39
Interest Coverage
2.796.556.07
Quick Ratio
FWRD
RLGT
ULH

Profitability

Metric
FWRD
RLGT
ULH
Return on Assets (Normalized)
6.56%6.56%7.36%
Return on Equity (Normalized)
14.62%13.03%18.61%
Return on Invested Capital (Normalized)
9.49%9.24%11.10%
Return on Assets
FWRD
RLGT
ULH
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Integrated Freight & Logistics Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
UPS
United Parcel Service Inc Class BKptyxkkfMggl$121.8 Bil
FDX
FedEx CorpTyddksdfRlmsnb$64.8 Bil
DPSTF
DHL Group—Dqnbgf$48.2 Bil
DHLGY
DHL Group ADRRnvgcwmQwbzx$48.2 Bil
JBHT
JB Hunt Transport Services IncXhkjrybDwzpt$16.9 Bil
EXPD
Expeditors International of Washington IncFqkspwrjDqrh$16.3 Bil
ZTO
ZTO Express (Cayman) Inc ADRTjqstpflcCpxvk$15.9 Bil
CHRW
C.H. Robinson Worldwide IncCxnxhxhqTtkv$8.1 Bil
LSTR
Landstar System IncWqbfhbzwJpv$6.0 Bil
HUBG
Hub Group Inc Class ASclwznwdXnsjmt$2.4 Bil

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