Forward Air Corporation (FWRD)
Forward Air Statistics
Share Statistics
Forward Air has 28.95M shares outstanding. The number of shares has increased by 12.83% in one year.
| Shares Outstanding | 28.95M |
| Shares Change (YoY) | 12.83% |
| Shares Change (QoQ) | 4.53% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 19.88M |
| Failed to Deliver (FTD) Shares | 30 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 3.94M, so 13.61% of the outstanding shares have been sold short.
| Short Interest | 3.94M |
| Short % of Shares Out | 13.61% |
| Short % of Float | 19.58% |
| Short Ratio (days to cover) | 7.23 |
Valuation Ratios
The PE ratio is -1.1 and the forward PE ratio is 224.33. Forward Air's PEG ratio is 0.
| PE Ratio | -1.1 |
| Forward PE | 224.33 |
| PS Ratio | 0.36 |
| Forward PS | 0.2 |
| PB Ratio | 4.47 |
| P/FCF Ratio | -7.95 |
| PEG Ratio | 0 |
Enterprise Valuation
Forward Air Corporation has an Enterprise Value (EV) of 3.41B.
| EV / Earnings | -4.18 |
| EV / Sales | 1.38 |
| EV / EBITDA | -3.46 |
| EV / EBIT | -3.21 |
| EV / FCF | -30.12 |
Financial Position
The company has a current ratio of 1.23, with a Debt / Equity ratio of 2.33.
| Current Ratio | 1.23 |
| Quick Ratio | 1.23 |
| Debt / Equity | 2.33 |
| Total Debt / Capitalization | 69.96 |
| Cash Flow / Debt | -0.16 |
| Interest Coverage | 5.62 |
Financial Efficiency
Return on equity (ROE) is -4.05% and return on capital (ROIC) is -126.58%.
| Return on Equity (ROE) | -4.05% |
| Return on Assets (ROA) | -0.29% |
| Return on Capital (ROIC) | -126.58% |
| Revenue Per Employee | $616,408.07 |
| Profits Per Employee | $-203,529.9 |
| Employee Count | 4,014 |
| Asset Turnover | 0.88 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -124.99M |
| Effective Tax Rate | 0.1 |
Stock Price Statistics
The stock price has increased by -27.99% in the last 52 weeks. The beta is 1.08, so Forward Air's price volatility has been higher than the market average.
| Beta | 1.08 |
| 52-Week Price Change | -27.99% |
| 50-Day Moving Average | 27.57 |
| 200-Day Moving Average | 29.74 |
| Relative Strength Index (RSI) | 37.93 |
| Average Volume (20 Days) | 628.94K |
Income Statement
In the last 12 months, Forward Air had revenue of 2.47B and earned -816.97M in profits. Earnings per share was -29.24.
| Revenue | 2.47B |
| Gross Profit | 505.09M |
| Operating Income | -1.06B |
| Net Income | -816.97M |
| EBITDA | -987.2M |
| EBIT | -1.06B |
| Earnings Per Share (EPS) | -29.24 |
Balance Sheet
The company has 104.9M in cash and 469.87M in debt, giving a net cash position of -364.96M.
| Cash & Cash Equivalents | 104.9M |
| Total Debt | 469.87M |
| Net Cash | -364.96M |
| Retained Earnings | -338.23M |
| Total Assets | 2.83B |
| Working Capital | 85.98M |
Cash Flow
In the last 12 months, operating cash flow was -76.26M and capital expenditures -37.06M, giving a free cash flow of -113.32M.
| Operating Cash Flow | -76.26M |
| Capital Expenditures | -37.06M |
| Free Cash Flow | -113.32M |
| FCF Per Share | -4.06 |
Margins
Gross margin is 20.41%, with operating and profit margins of -42.96% and -33.02%.
| Gross Margin | 20.41% |
| Operating Margin | -42.96% |
| Pretax Margin | -50.51% |
| Profit Margin | -33.02% |
| EBITDA Margin | -39.9% |
| EBIT Margin | -42.96% |
| FCF Margin | -4.58% |
Dividends & Yields
FWRD pays an annual dividend of $1.2, which amounts to a dividend yield of 1.48%.
| Dividend Per Share | $1.20 |
| Dividend Yield | 1.48% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | -4.08% |
| Earnings Yield | -139.3% |
| FCF Yield | -18.65% |
Analyst Forecast
The average price target for FWRD is $32, which is 52.5% higher than the current price. The consensus rating is "Hold".
| Price Target | $32 |
| Price Target Difference | 52.5% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
Stock Splits
The last stock split was on Apr 4, 2005. It was a forward split with a ratio of 3:2.
| Last Split Date | Apr 4, 2005 |
| Split Type | forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | -0.46 |
| Piotroski F-Score | 3 |