Forward Air (FWRD) Competitors

$22.27
-0.77 (-3.34%)
(As of 04/26/2024 ET)

FWRD vs. TK, ASC, HA, CVLG, EGLE, SB, TNP, VTOL, VLRS, and GSL

Should you be buying Forward Air stock or one of its competitors? The main competitors of Forward Air include Teekay (TK), Ardmore Shipping (ASC), Hawaiian (HA), Covenant Logistics Group (CVLG), Eagle Bulk Shipping (EGLE), Safe Bulkers (SB), Tsakos Energy Navigation (TNP), Bristow Group (VTOL), Controladora Vuela Compañía de Aviación (VLRS), and Global Ship Lease (GSL). These companies are all part of the "transportation" sector.

Forward Air vs.

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

Forward Air presently has a consensus target price of $80.14, suggesting a potential upside of 259.87%. Given Forward Air's higher probable upside, analysts clearly believe Forward Air is more favorable than Teekay.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Forward Air
1 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.25
Teekay
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Teekay received 4 more outperform votes than Forward Air when rated by MarketBeat users. Likewise, 63.64% of users gave Teekay an outperform vote while only 54.70% of users gave Forward Air an outperform vote.

CompanyUnderperformOutperform
Forward AirOutperform Votes
332
54.70%
Underperform Votes
275
45.30%
TeekayOutperform Votes
336
63.64%
Underperform Votes
192
36.36%

97.0% of Forward Air shares are held by institutional investors. Comparatively, 46.7% of Teekay shares are held by institutional investors. 1.7% of Forward Air shares are held by insiders. Comparatively, 2.4% of Teekay shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Forward Air has a beta of 0.98, indicating that its share price is 2% less volatile than the S&P 500. Comparatively, Teekay has a beta of 0.63, indicating that its share price is 37% less volatile than the S&P 500.

In the previous week, Forward Air had 7 more articles in the media than Teekay. MarketBeat recorded 8 mentions for Forward Air and 1 mentions for Teekay. Forward Air's average media sentiment score of 0.15 beat Teekay's score of 0.00 indicating that Forward Air is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Forward Air
0 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Teekay
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Forward Air has a net margin of 10.58% compared to Teekay's net margin of 10.28%. Forward Air's return on equity of 15.30% beat Teekay's return on equity.

Company Net Margins Return on Equity Return on Assets
Forward Air10.58% 15.30% 6.48%
Teekay 10.28%9.07%7.03%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Forward Air$1.37B0.43$167.35M$6.423.47
Teekay$1.46B0.47$150.64M$1.534.90

Summary

Forward Air beats Teekay on 10 of the 17 factors compared between the two stocks.

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$587.26M$4.57B$10.01B$7.64B
Dividend YieldN/A1.68%3.80%3.94%
P/E Ratio3.4715.6014.5215.21
Price / Sales0.431.5824.9985.77
Price / Cash3.589.5316.5835.33
Price / Book0.753.081.984.26
Net Income$167.35M$187.18M$619.05M$214.06M
7 Day Performance-6.35%-0.08%1.55%1.88%
1 Month Performance-28.42%-7.36%-2.82%-5.70%
1 Year Performance-78.89%-7.83%9.57%6.72%

Forward Air Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TK
Teekay
0 of 5 stars
$7.28
+0.8%
N/A+33.2%$661.65M$1.46B4.752,300News Coverage
ASC
Ardmore Shipping
4.16 of 5 stars
$16.32
+1.8%
$21.00
+28.7%
+17.2%$663.08M$395.98M5.9856
HA
Hawaiian
0.3085 of 5 stars
$12.90
-0.5%
$8.00
-38.0%
+56.5%$668.87M$2.72B-2.557,362Earnings Report
Analyst Report
Analyst Revision
CVLG
Covenant Logistics Group
4.3595 of 5 stars
$44.22
+0.8%
$68.67
+55.3%
+26.0%$577.96M$1.10B10.974,600Short Interest ↓
News Coverage
EGLE
Eagle Bulk Shipping
1.5742 of 5 stars
$62.60
flat
$56.75
-9.3%
N/A$692.98M$393.80M40.921,025Upcoming Earnings
Analyst Report
SB
Safe Bulkers
4.8514 of 5 stars
$5.02
+2.9%
$6.00
+19.6%
+37.5%$559.72M$284.40M8.099Upcoming Earnings
News Coverage
TNP
Tsakos Energy Navigation
3.5345 of 5 stars
$24.74
+0.3%
$30.00
+21.3%
+50.6%$730.08M$889.57M2.741,500Positive News
VTOL
Bristow Group
1.1952 of 5 stars
$26.15
+4.2%
N/A+23.0%$740.57M$1.30B-108.963,298News Coverage
VLRS
Controladora Vuela Compañía de Aviación
4.0878 of 5 stars
$8.48
+5.7%
$14.22
+67.8%
-24.0%$744.02M$3.26B121.097,364Analyst Report
High Trading Volume
GSL
Global Ship Lease
2.0263 of 5 stars
$22.33
+1.9%
$25.00
+12.0%
+21.8%$785.62M$674.79M2.687Analyst Downgrade
Short Interest ↑

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This page (NASDAQ:FWRD) was last updated on 4/28/2024 by MarketBeat.com Staff

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