(FWRD) Forward Air - Ratings and Ratios

Forward Air Corporation is a leading asset-light freight and logistics provider, operating across multiple regions including the United States, Mexico, Europe, Asia, and Canada, through its three primary business segments: Expedited Freight, Omni Logistics, and Intermodal. The companys diversified service portfolio includes expedited less-than-truckload services, truckload brokerage, dedicated fleet services, high-security logistics, air and ocean freight consolidation, customs brokerage, warehousing, and intermodal container drayage, catering to a broad customer base comprising freight forwarders, third-party logistics companies, airlines, steamship lines, and retailers.

The Expedited Freight segment is a key contributor, offering a range of services including regional and national less-than-truckload services, shipment consolidation, and temperature-controlled logistics. Meanwhile, the Omni Logistics segment has been expanding its global logistics capabilities, providing a comprehensive suite of services that include air and ocean freight forwarding, customs brokerage, and supply chain solutions. The Intermodal segment complements these offerings with intermodal container drayage and contract freight station services.

Given the current , with the stock price at $17.23, below its SMA50 at $17.95 and significantly lower than its SMA200 at $28.99, indicates a potential oversold condition, suggesting a possible rebound. The ATR of 1.55, representing an 8.99% volatility, implies a considerable short-term price movement potential. Additionally, the stock is currently trading near its 52-week low of $10.50, having peaked at $40.16, indicating a substantial correction.

Combining the with , despite the negative RoE of -332.26, which may indicate significant challenges or one-time expenses, the Market Cap of $538.74M USD suggests a sizable market presence. The absence of P/E and P/E Forward values complicates traditional valuation assessments, potentially indicating either extraordinary circumstances or a lack of profitability. However, if we consider the asset-light model and diversified service offerings, Forward Air Corporation has the potential for operational leverage and recovery.

Forecasting based on the provided data, if the company can address its profitability issues, a rebound in stock price could be anticipated. A potential target could be the SMA50 at $17.95, representing a 3.6% increase from the current price. A more optimistic scenario, driven by significant operational improvements or market share gains, could see the stock price moving towards its SMA200 at $28.99, representing a 67.5% increase. However, this would require substantial positive developments in the companys financials and operational performance.