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Forward Air (FWRD) Competitors

$16.80
+0.06 (+0.36%)
(As of 05/31/2024 ET)

FWRD vs. ATSG, PKOH, ECHO, BCO, UPS, FDX, EXPD, XPO, CHRW, and HUBG

Should you be buying Forward Air stock or one of its competitors? The main competitors of Forward Air include Air Transport Services Group (ATSG), Park-Ohio (PKOH), Echo Global Logistics (ECHO), Brink's (BCO), United Parcel Service (UPS), FedEx (FDX), Expeditors International of Washington (EXPD), XPO (XPO), C.H. Robinson Worldwide (CHRW), and Hub Group (HUBG).

Forward Air vs.

Air Transport Services Group (NASDAQ:ATSG) and Forward Air (NASDAQ:FWRD) are both small-cap transportation companies, but which is the superior business? We will compare the two companies based on the strength of their risk, media sentiment, community ranking, valuation, earnings, dividends, institutional ownership, profitability and analyst recommendations.

Air Transport Services Group presently has a consensus price target of $21.83, indicating a potential upside of 61.73%. Forward Air has a consensus price target of $76.43, indicating a potential upside of 354.93%. Given Air Transport Services Group's higher possible upside, analysts clearly believe Forward Air is more favorable than Air Transport Services Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Air Transport Services Group
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
Forward Air
0 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.38

Air Transport Services Group has a beta of 0.85, indicating that its share price is 15% less volatile than the S&P 500. Comparatively, Forward Air has a beta of 1.06, indicating that its share price is 6% more volatile than the S&P 500.

Forward Air received 53 more outperform votes than Air Transport Services Group when rated by MarketBeat users. Likewise, 54.52% of users gave Forward Air an outperform vote while only 53.24% of users gave Air Transport Services Group an outperform vote.

CompanyUnderperformOutperform
Air Transport Services GroupOutperform Votes
279
53.24%
Underperform Votes
245
46.76%
Forward AirOutperform Votes
332
54.52%
Underperform Votes
277
45.48%

Forward Air has lower revenue, but higher earnings than Air Transport Services Group. Forward Air is trading at a lower price-to-earnings ratio than Air Transport Services Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Air Transport Services Group$2.07B0.43$60.33M$0.6321.43
Forward Air$1.37B0.32$167.35M$3.424.91

Forward Air has a net margin of 4.08% compared to Forward Air's net margin of 2.37%. Forward Air's return on equity of 6.61% beat Air Transport Services Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Air Transport Services Group2.37% 6.61% 2.38%
Forward Air 4.08%5.37%1.98%

91.8% of Air Transport Services Group shares are owned by institutional investors. Comparatively, 97.0% of Forward Air shares are owned by institutional investors. 3.3% of Air Transport Services Group shares are owned by company insiders. Comparatively, 4.7% of Forward Air shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

In the previous week, Forward Air had 2 more articles in the media than Air Transport Services Group. MarketBeat recorded 13 mentions for Forward Air and 11 mentions for Air Transport Services Group. Forward Air's average media sentiment score of 0.75 beat Air Transport Services Group's score of 0.61 indicating that Air Transport Services Group is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Air Transport Services Group
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Forward Air
4 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Forward Air beats Air Transport Services Group on 10 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FWRD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FWRD vs. The Competition

MetricForward AirFreight transportation arrangement IndustryTransportation SectorNASDAQ Exchange
Market Cap$444.19M$4.57B$10.35B$7.96B
Dividend YieldN/A1.37%3.55%4.01%
P/E Ratio4.9118.9121.7418.57
Price / Sales0.321.4522.8991.65
Price / Cash2.6910.6715.8531.51
Price / Book0.333.382.164.59
Net Income$167.35M$173.14M$671.06M$213.90M
7 Day Performance36.25%0.34%0.90%0.87%
1 Month Performance-20.19%-2.35%6.44%3.60%
1 Year Performance-82.88%-13.88%20.59%7.91%

Forward Air Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ATSG
Air Transport Services Group
4.2596 of 5 stars
$13.50
+0.7%
$21.83
+61.7%
-20.2%$887.22M$2.07B21.435,095Analyst Revision
PKOH
Park-Ohio
3.5875 of 5 stars
$26.15
+0.5%
N/A+59.3%$341.81M$1.65B28.746,300Positive News
Gap Down
ECHO
Echo Global Logistics
0 of 5 stars
$48.24
flat
N/AN/A$1.28B$2.51B22.132,593
BCO
Brink's
3.7736 of 5 stars
$103.24
+1.2%
$106.50
+3.2%
+54.6%$4.59B$4.93B39.5668,200Short Interest ↑
UPS
United Parcel Service
4.9195 of 5 stars
$138.93
+1.5%
$165.23
+18.9%
-17.2%$118.86B$90.96B20.13500,000Positive News
High Trading Volume
FDX
FedEx
4.7614 of 5 stars
$253.96
+1.8%
$300.74
+18.4%
+16.9%$62.49B$90.16B14.65529,000Short Interest ↑
EXPD
Expeditors International of Washington
2.9305 of 5 stars
$120.90
+0.6%
$111.25
-8.0%
+8.4%$17.08B$9.30B25.6118,000Analyst Upgrade
Analyst Revision
High Trading Volume
XPO
XPO
3.8084 of 5 stars
$106.98
+0.6%
$116.60
+9.0%
+125.2%$12.44B$7.74B52.4438,000Insider Selling
CHRW
C.H. Robinson Worldwide
3.7988 of 5 stars
$86.37
+1.7%
$82.60
-4.4%
-9.0%$10.11B$17.60B34.1415,246Analyst Downgrade
Short Interest ↑
High Trading Volume
HUBG
Hub Group
3.6406 of 5 stars
$43.15
+1.1%
$46.54
+7.9%
+17.8%$2.69B$4.20B20.505,950Short Interest ↓
Positive News

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This page (NASDAQ:FWRD) was last updated on 6/2/2024 by MarketBeat.com Staff

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