Forward Air Corporation Statistics
Share Statistics
Forward Air Corporation has 28.95M shares outstanding. The number of shares has increased by 12.83% in one year.
| Shares Outstanding | 28.95M |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | 4.53% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 20.12M |
| Failed to Deliver (FTD) Shares | 432 |
| FTD / Avg. Volume | 0.07% |
Short Selling Information
The latest short interest is 4.28M, so 14.78% of the outstanding shares have been sold short.
| Short Interest | 4.28M |
| Short % of Shares Out | 14.78% |
| Short % of Float | 21.26% |
| Short Ratio (days to cover) | 8.52 |
Valuation Ratios
The PE ratio is 9.73 and the forward PE ratio is 129.04. Forward Air Corporation's PEG ratio is 0.12.
| PE Ratio | 9.73 |
| Forward PE | 129.04 |
| PS Ratio | 1.19 |
| Forward PS | 0.3 |
| PB Ratio | 2.13 |
| P/FCF Ratio | 10.81 |
| PEG Ratio | 0.12 |
Enterprise Valuation
Forward Air Corporation has an Enterprise Value (EV) of 3.41B.
| EV / Earnings | 20.4 |
| EV / Sales | 2.49 |
| EV / EBITDA | 23.44 |
| EV / EBIT | 38.7 |
| EV / FCF | 22.66 |
Financial Position
The company has a current ratio of 1.46, with a Debt / Equity ratio of 2.36.
| Current Ratio | 1.46 |
| Quick Ratio | 1.46 |
| Debt / Equity | 2.36 |
| Total Debt / Capitalization | 70.23 |
| Cash Flow / Debt | 0.1 |
| Interest Coverage | 2.79 |
Financial Efficiency
Return on equity (ROE) is 0.22% and return on capital (ROIC) is 2.46%.
| Return on Equity (ROE) | 0.22% |
| Return on Assets (ROA) | 0.06% |
| Return on Capital (ROIC) | 2.46% |
| Revenue Per Employee | 341.49K |
| Profits Per Employee | 41.69K |
| Employee Count | 4.01K |
| Asset Turnover | 0.46 |
| Inventory Turnover | 0 |
Taxes
| Income Tax | 13.84M |
| Effective Tax Rate | 0.24 |
Stock Price Statistics
The stock price has increased by -36.31% in the last 52 weeks. The beta is 1.02, so Forward Air Corporation's price volatility has been higher than the market average.
| Beta | 1.02 |
| 52-Week Price Change | -36.31% |
| 50-Day Moving Average | 33.7 |
| 200-Day Moving Average | 28.22 |
| Relative Strength Index (RSI) | 56.93 |
| Average Volume (20 Days) | 635.82K |
Income Statement
In the last 12 months, Forward Air Corporation had revenue of 1.37B and earned 167.35M in profits. Earnings per share was 0.44.
| Revenue | 1.37B |
| Gross Profit | 330.15M |
| Operating Income | 88.21M |
| Net Income | 167.35M |
| EBITDA | 145.62M |
| EBIT | 88.21M |
| Earnings Per Share (EPS) | 0.44 |
Balance Sheet
The company has 121.97M in cash and 1.95B in debt, giving a net cash position of -1.82B.
| Cash & Cash Equivalents | 121.97M |
| Total Debt | 1.95B |
| Net Cash | -1.82B |
| Retained Earnings | 480.32M |
| Total Assets | 3.06B |
| Working Capital | 96.38M |
Cash Flow
In the last 12 months, operating cash flow was 181.39M and capital expenditures -30.73M, giving a free cash flow of 150.66M.
| Operating Cash Flow | 181.39M |
| Capital Expenditures | -30.73M |
| Free Cash Flow | 150.66M |
| FCF Per Share | 5.81 |
Margins
Gross margin is 24.09%, with operating and profit margins of 6.44% and 12.21%.
| Gross Margin | 24.09% |
| Operating Margin | 6.44% |
| Pretax Margin | 4.13% |
| Profit Margin | 12.21% |
| EBITDA Margin | 10.62% |
| EBIT Margin | 6.44% |
| FCF Margin | 10.99% |
Dividends & Yields
FWRD pays an annual dividend of $0.96, which amounts to a dividend yield of 2.79%.
| Dividend Per Share | $0.96 |
| Dividend Yield | 2.79% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | -3.28% |
| Earnings Yield | 1.29% |
| FCF Yield | 15.24% |
Analyst Forecast
The average price target for FWRD is $30, which is -12.2% lower than the current price. The consensus rating is "Hold".
| Price Target | $30 |
| Price Target Difference | -12.2% |
| 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 | -0.4 |
| Piotroski F-Score | 2 |