Forward Air Corporation (FWRD)
Forward Air Statistics
Share Statistics
Forward Air has 30.4M shares outstanding. The number of shares has increased by 15% in one year.
| Shares Outstanding | 30.4M |
| Shares Change (YoY) | 15% |
| Shares Change (QoQ) | 5% |
| Owned by Institutions (%) | 99.99% |
| Shares Floating | 20.87M |
| Failed to Deliver (FTD) Shares | 5.95K |
| FTD / Avg. Volume | 0.76% |
Short Selling Information
The latest short interest is 4.29M, so 14.12% of the outstanding shares have been sold short.
| Short Interest | 4.29M |
| Short % of Shares Out | 14.12% |
| Short % of Float | 17.05% |
| Short Ratio (days to cover) | 3.36 |
Valuation Ratios
The PE ratio is -1.1 and the forward PE ratio is 22.66. Forward Air's PEG ratio is 0.
| PE Ratio | -1.1 |
| Forward PE | 22.66 |
| PS Ratio | 0.36 |
| Forward PS | 0.2 |
| PB Ratio | 4.47 |
| P/FCF Ratio | -8.01 |
| PEG Ratio | 0 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Forward Air.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
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 |
| Debt / EBITDA | -0.51 |
| Debt / FCF | -4.18 |
| Interest Coverage | -5.62 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $391.56K |
| Profits Per Employee | $-129.29K |
| Employee Count | 6,319 |
| Asset Turnover | 0.88 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -124.99M |
| Effective Tax Rate | 10% |
Stock Price Statistics
The stock price has increased by -30.02% in the last 52 weeks. The beta is 1.11, so Forward Air's price volatility has been higher than the market average.
| Beta | 1.11 |
| 52-Week Price Change | -30.02% |
| 50-Day Moving Average | 19.11 |
| 200-Day Moving Average | 29.19 |
| Relative Strength Index (RSI) | 41.88 |
| Average Volume (20 Days) | 781.69K |
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 | 339.65M |
| Operating Income | -1.06B |
| Net Income | -816.97M |
| EBITDA | -916.64M |
| 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 | 2.8B |
| Working Capital | 88.45M |
Cash Flow
In the last 12 months, operating cash flow was -75.4M and capital expenditures -37.06M, giving a free cash flow of -112.46M.
| Operating Cash Flow | -75.4M |
| Capital Expenditures | -37.06M |
| Free Cash Flow | -112.46M |
| FCF Per Share | -4.02 |
Margins
Gross margin is 13.73%, with operating and profit margins of -42.96% and -33.02%.
| Gross Margin | 13.73% |
| Operating Margin | -42.96% |
| Pretax Margin | -50.51% |
| Profit Margin | -33.02% |
| EBITDA Margin | -37.05% |
| EBIT Margin | -42.96% |
| FCF Margin | -4.55% |
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 | -3.95% |
| Earnings Yield | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for FWRD is $28, which is 90.1% higher than the current price. The consensus rating is "Hold".
| Price Target | $28 |
| Price Target Difference | 90.1% |
| Analyst Consensus | Hold |
| Analyst Count | 5 |
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 | -0.39 |
| Piotroski F-Score | 3 |