Forward Air Corp (NASDAQ: FWRD) has benefited from significant positive changes in fundamentals: the consensus estimate for December, 2025 increased significantly, significant quarterly sales acceleration occurred, and significant quarterly earnings acceleration occurred.
Recent notable positive changes in investment behavior have benefitted Forward Air Corp (NASDAQ: FWRD): positive upside/downside volume developed.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
FWRD’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Forward Air has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Forward Air has a slightly positive Appreciation Score of 66 but a very low Power Rating of 0, producing the Negative Value Trend Rating.
Recent Price Action
On 9/3/24, Forward Air Corp (NASDAQ: FWRD) stock increased 1.5%, closing at $32.24. However, below average trading volume at 77% of normal accompanied the advance. Relative to the market the stock has been extremely weak over the last nine months but has risen 0.7% during the last week.
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