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Forward Air (FWRD) Competitors

Forward Air logo
$34.52 -1.55 (-4.30%)
(As of 11/15/2024 ET)

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

Should you be buying Forward Air stock or one of its competitors? The main competitors of Forward Air include Echo Global Logistics (ECHO), Hub Group (HUBG), Air Transport Services Group (ATSG), Park-Ohio (PKOH), United Parcel Service (UPS), FedEx (FDX), XPO (XPO), Expeditors International of Washington (EXPD), C.H. Robinson Worldwide (CHRW), and Rocket Lab USA (RKLB). These companies are all part of the "air freight & logistics" industry.

Forward Air vs.

Forward Air (NASDAQ:FWRD) and Echo Global Logistics (NASDAQ:ECHO) are both small-cap transportation companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, risk, media sentiment, community ranking, analyst recommendations, profitability, dividends, valuation and earnings.

Echo Global Logistics received 81 more outperform votes than Forward Air when rated by MarketBeat users. Likewise, 55.14% of users gave Echo Global Logistics an outperform vote while only 53.98% of users gave Forward Air an outperform vote.

CompanyUnderperformOutperform
Forward AirOutperform Votes
332
53.98%
Underperform Votes
283
46.02%
Echo Global LogisticsOutperform Votes
413
55.14%
Underperform Votes
336
44.86%

97.0% of Forward Air shares are held by institutional investors. Comparatively, 91.6% of Echo Global Logistics shares are held by institutional investors. 4.7% of Forward Air shares are held by company insiders. Comparatively, 2.0% of Echo Global Logistics shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

In the previous week, Forward Air and Forward Air both had 1 articles in the media. Forward Air's average media sentiment score of 0.93 beat Echo Global Logistics' score of 0.20 indicating that Forward Air is being referred to more favorably in the media.

Company Overall Sentiment
Forward Air Positive
Echo Global Logistics Neutral

Forward Air currently has a consensus price target of $39.25, indicating a potential upside of 13.70%. Given Forward Air's stronger consensus rating and higher probable upside, equities analysts clearly believe Forward Air is more favorable than Echo Global Logistics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Forward Air
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.20
Echo Global Logistics
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Forward Air$1.37B0.73$167.35M-$23.83-1.45
Echo Global Logistics$2.51B0.51$15.83M$2.1822.13

Forward Air has a beta of 1.02, meaning that its stock price is 2% more volatile than the S&P 500. Comparatively, Echo Global Logistics has a beta of 0.81, meaning that its stock price is 19% less volatile than the S&P 500.

Echo Global Logistics has a net margin of 1.68% compared to Forward Air's net margin of -31.14%. Echo Global Logistics' return on equity of 16.28% beat Forward Air's return on equity.

Company Net Margins Return on Equity Return on Assets
Forward Air-31.14% -98.80% -21.16%
Echo Global Logistics 1.68%16.28%6.58%

Summary

Forward Air beats Echo Global Logistics on 9 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$999.49M$4.60B$333.10B$8.74B
Dividend YieldN/A1.55%4.45%4.07%
P/E Ratio-1.4514.6113.0913.27
Price / Sales0.731.2655.3481.14
Price / Cash5.5612.1812.9735.77
Price / Book2.973.912.155.92
Net Income$167.35M$173.34M$570.30M$225.73M
7 Day Performance-2.49%-0.13%-2.16%-1.34%
1 Month Performance-14.04%5.34%-1.02%1.15%
1 Year Performance-47.56%-18.84%14.54%24.02%

Forward Air Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FWRD
Forward Air
0.8747 of 5 stars
$34.52
-4.3%
$39.25
+13.7%
-46.7%$999.49M$1.37B-1.454,251
ECHO
Echo Global Logistics
N/A$48.24
flat
N/AN/A$1.28B$2.51B22.132,593
HUBG
Hub Group
3.7604 of 5 stars
$49.66
-0.4%
$46.83
-5.7%
+32.8%$3.05B$4.20B28.225,950Analyst Forecast
Short Interest ↓
News Coverage
Positive News
High Trading Volume
ATSG
Air Transport Services Group
2.7849 of 5 stars
$22.02
0.0%
$20.60
-6.4%
+40.3%$1.45B$2.07B-550.365,095Earnings Report
Analyst Forecast
PKOH
Park-Ohio
1.0425 of 5 stars
$32.19
-2.1%
N/A+39.0%$452.01M$1.66B25.756,300Analyst Downgrade
UPS
United Parcel Service
4.8691 of 5 stars
$134.07
+1.1%
$151.52
+13.0%
-8.7%$114.84B$90.96B20.25500,000Analyst Forecast
News Coverage
Positive News
FDX
FedEx
3.9155 of 5 stars
$294.46
+0.7%
$316.04
+7.3%
+15.5%$71.94B$87.69B18.17430,000Dividend Announcement
Analyst Forecast
Short Interest ↑
News Coverage
XPO
XPO
3.7764 of 5 stars
$145.79
-2.1%
$141.13
-3.2%
+68.5%$16.97B$7.74B47.1838,000Analyst Forecast
Short Interest ↑
EXPD
Expeditors International of Washington
1.9566 of 5 stars
$120.16
-0.7%
$118.44
-1.4%
+2.0%$16.82B$9.30B23.4218,000Positive News
CHRW
C.H. Robinson Worldwide
4.4826 of 5 stars
$110.19
-1.2%
$107.63
-2.3%
+34.6%$13.03B$17.60B38.1315,246Analyst Upgrade
Insider Selling
Short Interest ↓
RKLB
Rocket Lab USA
2.892 of 5 stars
$19.00
+9.4%
$14.72
-22.5%
+350.2%$9.44B$244.59M-51.351,650Analyst Forecast
News Coverage
High Trading Volume

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This page (NASDAQ:FWRD) was last updated on 11/17/2024 by MarketBeat.com Staff
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