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Buy Day today: Neutral (53) Mixed market breadth · no major macro event

Forward Air Corporation (FWRD)

Industrials Integrated Freight & Logistics
14.10 $
-1.0% vs. previous close
Closing price · As of: 31. Jul 2026
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Appears in These Scanners

This stock currently matches 8 of our scanner strategies — each hit links to the scanner.

Only genuine hits from verified scanners count; pure ranking metrics (P/E, P/S, and similar, which just sort the whole universe) don't count as a hit. Scanners marked in red are red-flag signals (risk/short scanners) — appearing there is not a seal of approval. View all scanners

Trading Day

Previous Close
14.20$
Open
14.50$
Day High
14.50$
Day Low
13.80$
Volume
502,708shares

Key levels of the most recently completed trading day — not a live quote.

52-Week Range

52-Week Low 52-Week High
8.30 $ 31.80 $
05/19/2026 08/27/2025

Current price 14.10 $ — 25% of the range above the low.

Lowest and highest closing price over the last 52 weeks. The marker shows where the current price sits within that range: close to the high speaks for strength, close to the low for weakness.

Basics

Market Cap
0.4$B
Shares Outstanding
32Mio.
Float
74.5%
Beta
1.4

Performance

Perf. 1M
39.30%
Perf. 3M
-11.10%
Perf. 6M
-43.30%
YTD Performance (%)
-47.70%
52-Week-High Distance
-56.0%
Perf. 1Y
-53.77%
Perf. 3Y
-88.09%
Perf. 5Y
-83.70%
Perf. 10Y
-67.02%
Perf. Since Inception
1,640.58%

Technical Indicators

MA 38 Days
13.70$
MA 50 Days
12.70$
MA 200 Days
19.70$
RSI (14)
50.5
Volatility 30 Days
85.6%
Volatility 250 Days
91.4%

Calculated from the price history · as of 08/03/2026

Valuation

P/E
Forward P/E
19.9
PEG
0.7
P/B
P/S
0.2
EV/EBITDA
13.0
Price/FCF
11.6

Profitability

Gross Margin
20.5%
EBIT Margin
Net Margin
-3.7%
Return on Equity
-69.1%
Return on Assets
2.1%

Balance Sheet & Safety

Equity Ratio
Debt/Equity
Altman Z″
2.81
Piotroski
4 out of 9

Growth

Sales Growth Last Quarter
-5.10%
EPS Growth Last Quarter
145.00%
Sales Growth (Year)
0.84%
Forward Sales Growth
2.06%
Forward EPS Growth
69.40%

Dividend

This stock currently pays no dividend.

Quality & Screener

Stage
4
RS Rating
7
EPS Rating
88
Piotroski
4 out of 9
Fundamental Rating
D (37 out of 100)
Altman Z″
2.81

AI Rating

Not yet rated — we only show a category once an SEC-backed file with at least two cited passages is available. How the Rating Is Built

Analysts & Price Target

Current Price 14.10 $
Price Target (average) 18.50 $

The price target sits 31.2% above the current price.

Consensus
Sell
Analyst Ratings
6
Distribution of Recommendations
Strong Buy 2
Buy 0
Hold 4
Sell 0
Strong Sell 0

Combined picture of the price targets and recommendations of every analyst covering the stock. Price targets are expectations for the next 12 months, not promises — and they often follow the price rather than predict it.

Estimates by Fiscal Year

Estimates by Fiscal Year
Fiscal Year EPS Estimate ($) EPS Range ($) Revenue Estimate ($M) Expected Growth Analysts
12/31/2026 -0.93 -1.24 – -0.76 2,525 -48.9% 5
12/31/2027 -0.39 -0.59 – -0.06 2,550 58.7% 4

Average of the analyst estimates for the coming fiscal years. The range shows how far the most optimistic and the most cautious estimate sit apart — the wider it is, the less certain the expectation.

Next Reporting Date

5. Aug 2026 · after the close · Q2 2026
Expected Earnings per Share
-0.17 $

Expected date of the next quarterly or annual figures. Dates do shift occasionally — only the invitation issued by the company is binding.

Revenue & Profit

Cash Flow

Balance Sheet

Margins

Per Share

Click the chart or tab into it, then use ← and → to step through the periods.

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The figures could not be loaded right now.

Sales Per Quarter ($M)
2024: Q4 · 632.8 $M Q4 2025: Q1 · 613.3 $M Q1 2025: Q2 · 618.8 $M Q2 2025: Q3 · 631.8 $M Q3 2025: Q4 · 631.2 $M Q4 2026: Q1 · 582.0 $M Q1

Source: fundamental data

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Quarterly Figures

Quarterly Figures
Quarter EPS (Earnings Per Share) EPS YoY (%) Sales ($M) Sales YoY (%) Net Margin (%) OCF ($M) FCF ($M)
2024: Q4 -1.24 -131.30 633 394.30 -5.80 -24 -31
2025: Q1 -1.68 613 13.20 -8.30 28 16
2025: Q2 -0.41 619 -3.90 -2.00 -13 -18
2025: Q3 -0.52 632 -3.70 -2.60 53 49
2025: Q4 -0.91 631 -0.30 -4.50 -23 -31
2026: Q1 -1.11 582 -5.10 -5.90 46 39
What Do These Terms Mean?
EPS (Earnings Per Share):
Quarterly profit divided by the total share count — how much of the profit works out to a single share.
YoY (Year over Year):
Change versus the same quarter a year ago — this is how you compare without seasonal distortion (e.g. the holiday shopping season).
Sales:
All revenue for the quarter, before any costs are deducted — the top line of the income statement.
Net Margin:
What percentage of sales is left over as profit in the end. Negative means the company is posting a loss.
OCF (Operating Cash Flow):
The cash that actually flows into the till from the core business during the quarter — harder to dress up than book profit.
FCF (Free Cash Flow):
Operating cash flow minus capital expenditures — the money that's genuinely free to use, say for paying down debt, buybacks, or dividends.

Annual Figures

Annual Figures
Fiscal Year Revenue ($M) EBIT ($M) Net Income ($M) EPS ($) Operating Cash Flow ($M) Equity ($M) Total Assets ($M)
2016 983 60 28 0.90 130 499 641
2017 1,101 109 87 2.89 103 533 688
2018 1,321 122 92 3.15 153 553 760
2019 1,215 112 87 3.08 161 577 991
2020 1,270 74 24 0.86 84 547 1,047
2021 1,387 147 106 3.88 120 594 1,118
2022 1,680 248 193 7.17 259 707 1,208
2023 1,371 88 167 6.44 181 764 2,980
2024 2,474 -1,063 -817 -29.66 -75 202 2,803
2025 2,495 36 -108 -3.48 44 113 2,745

Fiscal years from the audited annual reports, oldest first. EBIT is the operating profit before interest and taxes; total assets are everything the company owns.

About the Company

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. The company operates through three segments: Expedited Freight, Omni Logistics, and Intermodal.

Employees6,000
HeadquartersDallas, TX
Address3200 Olympus Boulevard, 75019 Dallas, United States
Phone817 552 5270
Websiteforwardair.com
IPO Date16. Nov 1993
ISINUS34986A1043
Stock Split3:2 on 04/04/2005

Management

Management
Name Title Birth Year
Jérôme Jean-Pierre Lorrain Executive Chairman 1977
Shawn Stewart President, CEO & Director 1974
Jamie G. Pierson Chief Financial Officer 1970
Michael L. Hance J.D. Chief Legal Officer & Secretary 1972
Eric Brandt Chief Commercial Officer 1982
James R. Faught Chief Accounting Officer 1981
Lance Sons Chief Information Officer
Anthony Carreno Senior Vice President of Treasury & Investor Relations
Douglas J. Smith Chief People Officer 1970
Timothy R. Osborne President of U.S. & Canada Operations 1965

Executives per the latest required filings; titles kept in their original language. Source: fundamental data.

Chart

Interactive price chart (TradingView).

Data as of: July 31, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)

Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.

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