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Forward Air (FWRD)

(Delayed Data from NSDQ)

$36.85 USD

36.85
795,519

-1.07 (-2.82%)

Updated Nov 7, 2024 04:00 PM ET

After-Market: $36.80 -0.05 (-0.14%) 6:52 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value F Growth A Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 6% (236 out of 251)

Industry: Transportation - Truck

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Balance Sheet

Research for FWRD

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for Forward Air Corporation falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 162 46 37 40 65
Receivables 159 221 216 156 154
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 2
Other Current Assets 27 37 29 49 15
Total Current Assets 347 304 283 246 236
Net Property & Equipment 258 249 219 190 213
Investments & Advances 0 0 0 0 0
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 414 461 421 390 349
Deposits & Other Assets 1,849 52 46 98 41
Total Assets 2,980 1,208 1,118 1,047 991
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 45 55 45 38 30
Current Portion Long-Term Debt 0 0 0 0 0
Current Portion Capital Leases 13 9 6 2 1
Accrued Expenses 63 54 62 37 35
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 72 4 5 51 20
Total Current Liabilities 237 169 165 172 137
Mortgages 0 0 0 0 0
Deferred Taxes/Income 42 51 43 42 44
Convertible Debt 0 0 0 0 0
Long-Term Debt 1,791 107 155 112 67
Non-Current Capital Leases 27 16 10 5 5
Other Non-Current Liabilities 47 59 50 89 59
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 2,215 501 524 500 414
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 0 0 0 0
Capital Surplus 284 271 258 243 227
Retained Earnings 480 436 335 304 350
Other Equity 0 0 0 0 0
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 764 707 594 547 577
Total Liabilities & Shareholder's Equity 2,980 1,208 1,118 1,047 991
Total Common Equity 764 707 594 547 577
Shares Outstanding 25.70 26.59 26.90 27.50 28.10
Book Value Per Share 29.74 26.60 22.07 19.90 20.54

Fiscal Year End for Forward Air Corporation falls in the month of December.

All items in Millions except Per Share data.

9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Assets          
Cash & Equivalents -99,999 105 172 162 19
Receivables NA 370 353 159 192
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 84 44 27 27
Total Current Assets NA 559 569 347 238
Net Property & Equipment NA 329 328 258 258
Investments & Advances NA 0 0 0 0
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 1,776 2,644 414 503
Deposits & Other Assets NA 80 84 1,849 56
Total Assets NA 3,067 3,959 2,980 1,191
Liabilities & Shareholders Equity 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 143 131 45 46
Current Portion Long-Term Debt NA 17 28 0 0
Current Portion Capital Leases NA 0 0 13 15
Accrued Expenses NA 117 119 63 57
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 53 73 72 22
Total Current Liabilities NA 420 445 237 190
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 271 178 42 53
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 1,677 1,664 1,791 119
Non-Current Capital Leases NA 35 34 27 23
Other Non-Current Liabilities NA 59 47 51
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 2,703 2,627 2,215 525
Shareholders Equity 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 513 509 284 281
Retained Earnings NA -228 417 480 385
Other Equity NA 79 406 0 0
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 364 1,332 764 666
Total Liabilities & Shareholder's Equity NA 3,067 3,959 2,980 1,191
Total Common Equity 0 364 1,332 764 666
Shares Outstanding 27.70 26.44 26.30 25.70 25.70
Book Value Per Share 0.00 13.78 50.66 29.74 25.90