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Forward Air Corporation FWRD NASDAQ

NASDAQ Global Select • Industrials • Integrated Freight & Logistics • US • USD

SharesGrow Score
44/100
1/7 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow
Analyst Price Target
$37.00
+94.3%

Forward Air Corporation (FWRD) is a Integrated Freight & Logistics company in the Industrials sector, currently trading at $19.04. It has a SharesGrow Score of 44/100, indicating a mixed investment profile with 1 out of 7 criteria passed.

Analyst consensus target is FWRD = $37 (+94.3% upside).

Valuation: FWRD trades at a trailing Price-to-Earnings (P/E) of -5.2 (S&P 500 average ~25) with a forward Price/Earnings-to-Growth (PEG) of 0.04.

Financials: revenue is $2.5B, +16.9%/yr average growth. Net income is $108M (loss), growing at -171.6%/yr. Net profit margin is -4.3% (negative). Gross margin is 20.5% (-7.2 pp trend).

Balance sheet: total debt is $2.2B against $113M equity (Debt-to-Equity (D/E) ratio 19.05, leveraged). Current ratio is 1.22 (adequate). Debt-to-assets is 78.7%. Total assets: $2.7B.

Analyst outlook: 7 / 21 analysts rate FWRD as buy (33%) — mixed sentiment.

SharesGrow 7-Criteria breakdown: Value 100/100 (Pass), Growth 48/100 (Partial), Past 50/100 (Partial), Health 17/100 (Fail), Moat 32/100 (Fail), Future 52/100 (Partial), Income 10/100 (Fail).

$37.00
▲ 94.33% Upside
Average Price Target
Based on 21 Wall Street analysts offering 12-month price targets for Forward Air Corporation, the average price target is $37.00, with a high forecast of $42.00, and a low forecast of $32.00.
Highest Price Target
$42.00
Average Price Target
$37.00
Lowest Price Target
$32.00

FWRD SharesGrow Score Overview

44/100
SharesGrow Score
Mixed signals — some strengths
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VALUE 100/100
Valuation — P/E, PEG, Forward PEG
GROWTH 48/100
Financials — average growth
PAST 50/100
strong — trend
HEALTH 17/100
Balance sheet — Debt-to-Equity (D/E) ratio, Current ratio is
MOAT 32/100
Gross margin is + market cap
FUTURE 52/100
Analyst outlook — as buy
INCOME 10/100
Net profit margin is
Scores derived from financial statements, analyst ratings, and balance sheet data.

Score Breakdown — FWRD

VALUE Pass
100/100
FWRD trades at a trailing Price-to-Earnings (P/E) of -5.2 (S&P 500 average ~25). Forward PEG 0.04 — Peter Lynch undervalued (≤1.0). Analyst consensus target is $37, implying +94.3% from the current price $19. Composite: Price-to-Earnings (20%) + Forward Price/Earnings-to-Growth (35%) + upside (25%) + trailing PEG (20%). ≥ 60 = Pass.
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GROWTH Partial
48/100
FWRD: +16.9%/yr revenue is, -171.6%/yr Net income is average growth. mixed. Score: >20%/yr = 100, >10% = 80, >5% = 65, >0% = 45, < 0 = 15.
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PAST Partial
50/100
FWRD: 2 / 4 years profitable. weak. Score = 2 / 4 × 100. ≥ 80 = Pass.
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HEALTH Fail
17/100
Balance sheet FWRD: Debt-to-Equity (D/E) ratio 19.05 (leveraged), Current ratio is 1.22 (adequate). Debt-to-Equity < 0.5, Current Ratio > 1.5, Interest Coverage > 8x = ideal. ≥ 70 = Pass.
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MOAT Fail
32/100
FWRD: Gross margin is 20.5% (-7.2 pp trend), N/A market cap. Moat (0-100): margin (35%) + trend (15%) + market cap (30%) + revenue is (20%). Score 32/100. ≥ 70 = Pass.
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FUTURE Partial
52/100
Analyst outlook: 7 / 21 analysts rate FWRD as buy (33%). Analyst consensus target is $37 (+94.3% upside). Score: 60% buy consensus + 40% upside. ≥ 60 = Pass.
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INCOME Fail
10/100
FWRD: Net profit margin is -4.3%. negative. Score: ≥30% = 100, ≥20% = 85, ≥15% = 70, ≥10% = 55, ≥5% = 45, ≥0% = 30, < 0 = 10.
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Stock Chart & Stats

Market Data
52-Week Range9.79-32.47
Volume535.95K
Avg Volume (30D)672.87K
Market Cap$600.79M
Beta (1Y)1.47
Share Statistics
EPS (TTM)-3.48
Shares Outstanding$30.97M
IPO Date1993-11-16
Employees6,319
CEOShawn Stewart
Financial Highlights & Ratios
Revenue (TTM)$2.5B
Gross Profit$510.94M
EBITDA$186.19M
Net Income$-107.8M
Operating Income$36.42M
Total Cash$106M
Total Debt$2.16B
Net Debt$2.05B
Total Assets$2.74B
Price / Earnings (P/E)-5.5
Price / Sales (P/S)0.24
Analyst Forecast
1Y Price Target$37.00
Target High$42.00
Target Low$32.00
Upside+94.3%
Rating ConsensusHold
Analysts Covering21
Buy 33% Hold 52% Sell 14%
Price Target Summary
Company Info
CountryUS
ExchangeNASDAQ Global Select
CurrencyUSD
ISINUS34986A1043

Price Chart

FWRD
Forward Air Corporation  ·  NASDAQ Global Select
Industrials • Integrated Freight & Logistics
9.79 52WK RANGE 32.47
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