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Forward Air Corp FWRD

Morningstar Rating
$63.53 +0.01 (0.02%)
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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 29% discount.
Price
$63.91
Fair Value
$78.33
Uncertainty
Very High
1-Star Price
$838.13
5-Star Price
$81.23
Economic Moat
Jmgsm
Capital Allocation
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News

Trading Information

Previous Close Price
$63.52
Day Range
$63.03–65.09
52-Week Range
$60.09–121.38
Bid/Ask
$63.53 / $63.58
Market Cap
$1.63 Bil
Volume/Avg
314,772 / 522,117

Key Statistics

Price/Earnings (Normalized)
13.57
Price/Sales
0.97
Dividend Yield
1.51%
Dividend Yield (Forward)
1.51%
Total Yield
8.19%

Company Profile

Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight and Intermodal. It generates maximum revenue from the Expedited Freight segment. 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.
Sector
Industrials
Industry
Integrated Freight & Logistics
Stock Style Box
Small Core
Total Number of Employees
4,427

Valuation

Metric
FWRD
Price/Earnings (Normalized)
13.57
Price/Book Value
2.45
Price/Sales
0.97
Price/Cash Flow
8.45
Price/Earnings
FWRD

Financial Strength

Metric
FWRD
Quick Ratio
1.11
Current Ratio
1.25
Interest Coverage
17.11
Quick Ratio
FWRD

Profitability

Metric
FWRD
Return on Assets (Normalized)
10.89%
Return on Equity (Normalized)
19.13%
Return on Invested Capital (Normalized)
13.99%
Return on Assets
FWRD

Integrated Freight & Logistics Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
UPS
United Parcel Service Inc Class BXsc$129.7 Bil
FDX
FedEx CorpXcxqmx$63.8 Bil
DPSTF
DHL GroupBwwnfz$56.3 Bil
DHLGY
DHL Group ADRDjyrl$56.3 Bil
JBHT
JB Hunt Transport Services IncCcbdtc$18.8 Bil
ZTO
ZTO Express (Cayman) Inc ADRRgybkh$18.0 Bil
EXPD
Expeditors International of Washington IncBfp$17.4 Bil
CHRW
C.H. Robinson Worldwide IncWffbn$9.5 Bil
LSTR
Landstar System IncZhdy$6.1 Bil
HUBG
Hub Group Inc Class AKrpkxr$2.4 Bil