Forward Air Corporation (FWRD) Stock Forecast & Price Target
Forward Air Corporation · NASDAQ
$14.73-0.52 (-3.41%)
15-min delayed · Jul 27, 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 moderate buy consensus. Targets span $18.00 to $30.00, a moderate spread. The average target of $24.00 sits 63% above the current $14.73. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $-0.12 next quarter toward $-0.39 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Moderate Buy
Strong Buy00%
Buy2100%
Hold00%
Sell00%
Strong Sell00%
Based on 2 analysts giving stock ratings to Forward Air Corporation.
As of Jul, 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
$-0.12
Range $-0.17 – $-0.05 · 3 analysts · -260% YoY
Next period, 3 analysts expect Forward Air Corporation to earn $-0.12 a share (range $-0.17 – $-0.05), versus $0.07 a year earlier. Full-year consensus is $-0.93, growing to $-0.39 the year after.
REVENUE · NEXT QUARTER
$650.6M
Range $649.0M – $653.1M · 3 analysts · +3% YoY
Revenue is expected to reach $650.6M (range $649.0M – $653.1M), +3.0% year-over-year. Full-year consensus is $2.5B, rising to $2.5B 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
$30.00+103.7% to target
Coverage
—
+ Follow
#2
Bascome Majors
Susquehanna
Hold
$18.00+22.2% to target
Coverage
—
+ Follow
#3
CK
Christopher Kuhn
Benchmark
Hold
No targeton FWRD
Coverage
—
+ Follow
#4
BH
Benjamin Hartford
Baird
Hold
$28.00+90.1% to target
Coverage
—
+ Follow
#5
Patrick Brown
Raymond James
Hold
No targeton FWRD
Coverage
—
+ Follow
FWRD stock forecast FAQ
What is FWRD's average 12-month price target?+
The 2 analysts with a live target average $24.00 for Forward Air Corporation over the next 12 months, ranging from a $30.00 high to a $18.00 low.
Is FWRD stock a Buy, Sell or Hold right now?+
The current consensus is Moderate 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 $30.00 (Stifel), and the Street-low is $18.00 (Susquehanna). The average of all 2 active targets is $24.00.
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 $30.00 target.
What is Forward Air Corporation's projected EPS for next quarter?+
The consensus estimate is $-0.12 per share (range $-0.17 – $-0.05) across 3 analysts. Full-year EPS is projected at $-0.93, rising to $-0.39 the following year.
How much revenue is Forward Air Corporation expected to report next quarter?+
Consensus revenue is $650.6M (range $649.0M – $653.1M). Full-year revenue is projected at $2.5B, growing to $2.5B next year.
Have analysts been upgrading or downgrading FWRD lately?+
As of Jul, 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.
