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Forward Air Corporation

FWRD • Integrated Freight & Logistics
$17.89
▲ +1.58 (+9.69%)
Current price
EarningsLatest report: Jun 30, 2026
HIGHER-RISK PROFILECautionConfidence: 70%

Quantitative profile — not an investment recommendation.

Quantitative profile — not an investment recommendation.Methodology
Analysis thesis: Caution is warranted. Recent ratios show weaknesses that may limit returns unless fundamentals improve.
Market Cap
$554.09M
Growth
10.6%
Cash Flow
4/5
Trend
Mostly stable
Evidence
Positive revenue growth · 12.1%Positive free cash flow · 0.49Consistent free cash flow · 4/5High debt level · 19.05Weak profitability
Financial data as of: Jun 30, 2026, 12:00 AM UTCLast earnings update: Jun 30, 2026, 12:00 AM UTCLast profile update: Aug 7, 2026, 1:25 PM UTC

Company Snapshot

Key valuation, quality, financial strength, momentum and analyst data.

Price$17.89
Change9.69%
Shares Out30.97M
Market Cap$554.09M
Enterprise Value$2.11B
52W Range7.86 - 32.00
Beta1.36
P/E-1.94
P/S0.22
P/B-4.80
P/FCF6.37
EV/Sales0.84

Investment DNA

How strong this company looks for long-term investors

46
out of 100
Business Quality
Margins, moat, returns
22/100
Financial Strength
Debt, cash, stability
46/100
Growth Potential
Revenue and expansion
58/100
Price Attractiveness
Cheap or expensive today
57/100
Why this score▼
Positive revenue growth · 12.1%Positive free cash flow · 0.49Consistent free cash flow · 4/5High debt level · 19.05Weak profitability

Analyst view

Analyst sentiment and price target

FWRD
Analyst sentiment
Based on 21 analyst votes · 2026-09-05
60/100
Neutral
Bullish
7
Hold
11
Bearish
3
Price Target
2026-08-07
Low
$18.00
Mean
$18.50
Median
$18.50
High
$19.00

Company Overview

IPO: 11/16/1993
Industry: Integrated Freight & Logistics
P/B i: -4.80
Debt / Equity i: 19.05
Operating Margin: 1.46%
Net Margin: -4.32%
ROE i: -
ROIC: -

Financial Health

Score9 / 20
Debt / Equity: 19.05
Current Ratio: 1.22
Quick Ratio: 1.22
Status: Moderate

Warnings

  • High debt level

Insider Transactions

Recent executive and insider activity

Sons Lance
Transaction: 06/17/2026
OTHER
Change
0
Price
Not reported
Filing
06/29/2026
Type
OTHER
Khambatta Karl
Transaction: 06/17/2026
OTHER
Change
0
Price
Not reported
Filing
06/29/2026
Type
OTHER
Lindsay Justin
Transaction: 06/17/2026
OTHER
Change
+1,384
Price
$115.42
Filing
06/29/2026
Type
OTHER