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Equity
Forward Air Corporation(FWRD)
USD --+0.00%
Reward41Moderate
Risk71High
📊75%Data
Thin -5% profit margin
FWRD
+0.0 · +0.00%
USD · NASDAQ
Forward Air Corporation | Industrials
Profitless Growth
Market Cap:825.89M
ℹ️
Reward Rating
41
Moderate
Bottom 10% (model universe)
75% data coverage
ℹ️
Risk Rating
71
High
Risk Assessment
ℹ️

Educational tool only – Scores are based on historical data and financial metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

ℹ️ Educational tool only · More
Limited data coverage
We don't have enough public data on FWRD to score it reliably yet — Reward, Risk, Forecasts and Dividends tabs aren't available for this stock. The price chart and basic profile are still shown.
OTC / ADR stock — scores and fundamentals use data tagged in USD by our provider. The issuer may report in a different home currency (e.g. JPY), so treat figures as directional rather than precise.
Not available for limited-coverage stocks
The overview tab requires fundamentals and price history we don't have for this stock. The price chart is the most reliable view we have — try the Chart tab.

Market Performance

Stock returned +10.0% over the past year, broadly in line with market conditions.

Analyst Target

Analyst consensus price target: $35.33.

What is Forward Air Corporation?

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada.

FWRD · Verdict

Moderate reward · high risk

FWRD has limited near-term tailwinds — valuation and balance sheet weigh on the model output.

Based on 88% data coverage

FWRD · Verdict

What’s working & what to watch

Watchouts 5

  • Valuation8/100

    PEG ratio 2.01

  • Balance sheet17/100

    Interest covered 0.2×

  • Profitability23/100

    -4% net margin · -53% ROE

  • Cash flow31/100

    1% free-cash-flow margin

  • Volatility35/100

    Below average

Model-based scoring. For information only — not financial advice.

What is Forward Air Corporation?

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada. It operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. The company is listed on the NASDAQ in USA, operating in the Industrials sector, with a market capitalisation of 825.89M.

Financial Highlights

Investment Breakdown

📈 Growth
Moderate growth momentum — positive trajectory without breakout acceleration.
💰 Profitability
Thin or inconsistent margins weigh on earnings quality.
⚠️ Risk
Performance tied to macro conditions — sensitive to interest rate cycles.
💸 Valuation
Valuation is less clear with a negative earnings base.

OpenBook Logo Analysis

Reward: Moderate (41)

The scoring profile indicates limited reward potential at this time, with growth and momentum offering the most support. Risk indicators are high — this profile reflects meaningful downside exposure.

For informational purposes only. Not financial advice.

Company Information
SectorIndustrials
Market Cap825.89M
P/E RatioN/A
Dividend YieldN/A
52 Week High32.47
52 Week Low9.785
Last AnnualDecember
IPO Date11/16/1993
IncorporatedUSA
Shares Outstanding31M
No. of Employees6,000
IndustryIntegrated Freight & Logistics
ExchangeNASDAQ
Beta1.324
CurrencyUSD
Websitewww.forwardair.com
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