Forward Air Corporation (FWRD) Stock Forecast & Price Target
Forward Air Corporation · NASDAQ
$16.37-0.90 (-5.21%)
15-min delayed · Sep 9, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering Forward Air Corporation, 2 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a strong buy consensus. Targets are tightly clustered, $27.00 to $29.00, so the covering firms are broadly aligned. The average target of $28.00 sits 71% above the current $16.37. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.22 next quarter toward $0.43 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Strong Buy
Strong Buy00%
Buy2100%
Hold00%
Sell00%
Strong Sell00%
Based on 2 analysts giving stock ratings to Forward Air Corporation.
As of Sep, 2 of 2 firms rate FWRD a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
FWRD EPS & revenue forecast
EPS · NEXT QUARTER
$-0.22
Range $-0.71 – $0.07 · 3 analysts · +19% YoY
Next period, 3 analysts expect Forward Air Corporation to earn $-0.22 a share (range $-0.71 – $0.07), versus $-0.19 a year earlier. Full-year consensus is $-1.13, growing to $0.43 the year after.
REVENUE · NEXT QUARTER
$648.6M
Range $560.8M – $686.0M · 3 analysts · +3% YoY
Revenue is expected to reach $648.6M (range $560.8M – $686.0M), +2.7% year-over-year. Full-year consensus is $2.6B, rising to $2.6B next year.
Top analysts covering Forward Air Corporation
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on FWRD.
#1
JB
J. Bruce Chan
Stifel
Buy
$27.00+64.9% to target
Coverage
—
+ Follow
#2
Bascome Majors
Susquehanna
Hold
$29.00+77.2% to target
Coverage
—
+ Follow
#3
CK
Christopher Kuhn
Benchmark
Hold
No targeton FWRD
Coverage
—
+ Follow
#4
Patrick Brown
Raymond James
Hold
No targeton FWRD
Coverage
—
+ Follow
#5
BH
Benjamin Hartford
Baird
Hold
$28.00+71.0% to target
Coverage
—
+ Follow
FWRD stock forecast FAQ
What is FWRD's average 12-month price target?+
The 2 analysts with a live target average $28.00 for Forward Air Corporation over the next 12 months, ranging from a $29.00 high to a $27.00 low.
Is FWRD stock a Buy, Sell or Hold right now?+
The current consensus is Strong Buy. Of the 2 analyst ratings, 2 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for FWRD?+
The Street-high target is $29.00 (Susquehanna), and the Street-low is $27.00 (Stifel). The average of all 2 active targets is $28.00.
How many Wall Street analysts cover FWRD?+
2 analysts have an active rating on Forward Air Corporation, and 2 firms carry a live 12-month price target.
Who is the most accurate analyst covering FWRD?+
Among analysts who currently cover FWRD, J. Bruce Chan of Stifel has the strongest overall Quantellect track record. Their current call is Buy with a $27.00 target.
What is Forward Air Corporation's projected EPS for next quarter?+
The consensus estimate is $-0.22 per share (range $-0.71 – $0.07) across 3 analysts. Full-year EPS is projected at $-1.13, rising to $0.43 the following year.
How much revenue is Forward Air Corporation expected to report next quarter?+
Consensus revenue is $648.6M (range $560.8M – $686.0M). Full-year revenue is projected at $2.6B, growing to $2.6B next year.
Have analysts been upgrading or downgrading FWRD lately?+
As of Sep, 2 of 2 firms rate FWRD a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their FWRD calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
