Forward Air Corp

FWRDNASDAQ • USD
15.30 USD
↘ 0.32 (2.05%)AT CLOSE (03:59 PM EDT)
15.29
↘ 0.01 (0.07%)
POST MARKET (AS OF 07:31 PM EDT)
Post Market
AS OF 07:31 PM EDT
15.29
↘ 0.01 (0.07%)
🔴Market: CLOSED

FWRD is currently priced at $15.30. Technical and fundamental signals converge bearish — technicals rate "Strong Sell" while fundamentals read "Sell". Key drivers include a concerning Altman Z-Score in the distress zone, a weak Piotroski F-Score of 2/9, exceptional Return on Equity (247.9%), a bearish Death Cross on the long-term moving averages and bearish long-term moving average alignment. On the valuation side, FWRD appears attractively valued relative to sector peers across key multiples.

Technical & fundamental data as of Oct 23, 2026.

Open?$15.35
High?$15.60
Low?$15.00
Prev. Close?$15.62
Volume?272.9K
Avg. Volume?438.2K
VWAP?$15.35
Rel. Volume?0.62x
Bid / Ask
Bid?$12.51 × 100
Ask?$18.15 × 100
Spread?$5.64
Midpoint?$15.33
Valuation & Ratios
Market Cap?516.8M
Shares Out?31.6M
Float?25.5M
Float %?80.5%
P/E Ratio?N/A
P/B Ratio?-4.48
EPS?-$8.47
Dividend?0.00%
Ex-Dividend?N/A
News
Profile
Forward Air Corp is an asset-light freight and logistics company. The company's operating segment includes Expedited Freight, Omni Logistics, and Intermodal and Corporate. The company generates maximum revenue from the Omni Logistics segment. The expedited Freight segment operates a comprehensive national network to provide expedited regional, inter-regional, and national LTL (less-than-truckload) services. It also offers customers local pick-up and delivery and other services including final mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage, and other handling. The Company conducts business in North and South America, Europe, and Asia.
Employees
6.1K
Market Cap
527.7M
Industry
ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO
Listed
1993-11-16
Address
3200 OLYMPUS BOULEVARD
DALLAS, TX 75019
Phone: 817-552-5270
Technical OutlookStrong Sell
Strong SellNeutralStrong Buy
Long-Term (Tide)?▼ Bearish(-2/3)
Medium-Term (Wave)?▼ Bearish(-1/3)
Short-Term (Ripple)?▼ Bearish(-3/3)
MA Alignment?Bearish Alignment
Full Technical Analysis →
Fundamental OutlookSell
Strong SellNeutralStrong Buy
F-Score?
12
Z-Score?
1
Momentum?
8
Short Sent.?
40
Piotroski F-Score?2/9Weak
Altman Z-Score?-0.80Distress
Confidence?67%Moderate
Full Fundamental Analysis →
Short InterestElevated
Short % of Float?8.32%Elevated
Short Interest?2.1M
Days to Cover?3.7
Free Float25.5M
Avg Daily Volume567.2K
Settlement Date2026-09-30
Financial Health
Current Ratio?1.32Adequate
Quick Ratio?1.32Adequate
Cash Ratio?0.32Low
Debt/Equity?-14.95Low
ValuationATTRACTIVELY VALUEDvs 1 peers + S&P 500
Score
100/100
P/E?
N/A▾
P/B?
S&P
97
-4.48CHEAP▾
P/S?
Peers
100
S&P
97
0.21CHEAP▾
P/FCF?
Peers
100
S&P
87
10.7CHEAP▾
EV/EBITDA?
Peers
100
S&P
86
9.1CHEAP▾
EV/Sales?
Peers
100
S&P
94
0.83CHEAP▾
Returns & Efficiency
ROE?
Peers
50
S&P
97
247.9%STRONG▾
ROA?
S&P
3
-11.9%WEAK▾
Cash Flow & Enterprise
FCF?$48.2M
Enterprise Value?$2.1B
Fundamentals ratios updated end of day