Forward Air Corp [FWRD] stock prices are down -0.45% to $28.99 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FWRD shares have lost -3.01% over the last week, with a monthly amount glided 6.31%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Forward Air Corp [NASDAQ: FWRD] stock has seen the most recent analyst activity on June 26, 2025, when Stifel upgraded its rating to a Buy but kept the price target unchanged to $29 for it. Previously, Wolfe Research upgraded its rating to Peer Perform on May 28, 2024. On January 10, 2024, downgrade downgraded it’s rating to Underperform. Jefferies upgraded its rating to a Buy and decreased its price target to $85 on August 29, 2023. Wolfe Research upgraded its rating to a Peer Perform. Robert W. Baird downgraded its rating to Neutral for this stock on August 15, 2023, and downed its price target to $80. In a note dated August 11, 2023, Wolfe Research downgraded an Underperform rating on this stock but restated the target price of $80.
The stock price of Forward Air Corp [FWRD] has been fluctuating between $9.78 and $40.92 over the past year. Currently, Wall Street analysts expect the stock to reach $35 within the next 12 months. Forward Air Corp [NASDAQ: FWRD] shares were valued at $28.99 at the most recent close of the market. An investor can expect a potential return of 20.73% based on the average FWRD price forecast.
Analyzing the FWRD fundamentals
The Forward Air Corp [NASDAQ:FWRD] reported sales of 2.52B for trailing twelve months, representing a drop of -3.86%. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.94 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.17.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 27.17 points at the first support level, and at 25.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 30.27, and for the 2nd resistance point, it is at 31.55.
Ratios To Look Out For
It’s worth pointing out that Forward Air Corp [NASDAQ:FWRD]’s Current Ratio is 1.20. As well, the Quick Ratio is 1.20, while the Cash Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 0.35, the price to book ratio is 5.85.
