MARKET WIREYahoo! Finance Canada • 20h ago
Forward Air Corporation (FWRD) Stock Price, News, Quote & HistoryYahoo! Finance Canada report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
Why FWRD Stock surged +3.97% Today — RQD Quant Desk Flash
$18.32 +3.97% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot)
EXT / AFTER-HRS: $18.42
Forward Air Corporation (FWRD) carries a Roarable Rating of E (Strong Sell) with 25/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.
ROARABLE E • RED ALERT
Cap $595.2M
⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER
Click Any Pre-Computed AI Quant Specialist Briefing on FWRD Below — or Connect Your Own ChatGPT / Claude
🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief)
Is FWRD stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
▼
As of 2026-11-03, Forward Air Corporation (NASDAQ: FWRD) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 25/100 at a spot price of $18.32 (+3.97% 1D, market cap $595.2M). Pillar breakdown: Fundamental Cash Engine 6/20, Institutional 13F & Options Flow 11/20, Executive Insider Alignment 3/20, FRED Macro Regime Fit 4/20, and SEC Balance-Sheet Forensics 3/20. Across 485 tracked Industrials issuers, FWRD ranks #445 in composite RQD confidence.
✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief)
How does FWRD compare to RLGT and HUBG in the Industrials sector?
▼
Within the Industrials sector (Integrated Freight & Logistics), FWRD carries a Roarable E (25/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 1.7%. By comparison, RLGT (Radiant Logistics Inc.) holds a D+ grade (55/100 RQD, P/E 24.7x, ROIC 8.4%, cap $426.6M) and HUBG (Hub Group Inc. (Class A)) posts a D- grade (42/100 RQD, P/E N/A, ROIC —, cap $1.63B). Among the 5-stock peer group, BCO leads on earnings multiple (21.1x) while BCO leads on capital efficiency (19.6% ROIC).
✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief)
What are the biggest fundamental strengths and SEC risk factors for FWRD?
▼
Per FWRD's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0000912728), Forward Air Corporation generated $2.50B in revenue (+0.8% YoY), -$104.0M in net income, and $0 in free cash flow against $2.72B in total assets and $1.69B in total debt. Key quantitative strengths: Established market leader in Industrials with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.
✓ Pre-computed one-to-many AI Quant brief
🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
EXT / AFTER-HRS: $18.42 (+0.52%)🧬 Dilution Drag (+1.28% YoY Shares)⚙️ Cash Engine: 6/20 (E) • 0.7% FCF Margin
Verify 90D Bucket Audit →📊 Historical Track Record Warning: Scores below 50 (25/100 · E) historically underperformed SPY in 71% of rolling 90-day windows (-10.7% avg 90D alpha vs SPY • 29.0% hit rate).
Audit Bucket Track Record →RQD QUANT TACHOMETERRED ALERT • E
3-of-3 JEV AI Jury Bearish Warning
Cash
SEC
Whale
Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer
5-PILLAR SNOWFLAKE RADARRw E · Rk E
Each axis scored 0–20
12M PRICE TARGET CONE-14.8% Base Target
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for FWRD)Realized 20D OHLCV Swing Band: ±10.5%
Deterministic 5-Pillar Attribution (25/100 Composite)
🔍 WHY FWRD SCORES 25/100 (E) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: Whale & Options Positioning+11/20 pts (44% of score)
20D Institutional Volume Accumulation (±10.5% realized swing band)
▲ #2 Bullish Driver: Cash Engine Quality+6/20 pts (24% of score)
SEC XBRL FY 2025 (10-K): 0.7% FCF Margin ($16.7M FCF) & 52% Gross Margin
▼ #1 Drag / Risk Factor: Insider Conviction & Share Dilution4/20 pts (-16 pt drag)
Dilution Drag (+1.28% YoY Shares) & executive Form 4 sales trim 16 pts from alignment
📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)Grade E$15.58-1.7% Next Q
17
Q2 (-2Q)Grade E$15.31-1.1% Next Q
20
Q3 (-1Q)Grade E$15.14+21% Next Q
22
CurrentGrade E$18.32-10.7% Hist 90D α
25
Trajectory: E (17) → E (25)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER
⚔️ Adversarial Opposing Case: What Could Spark a FWRD Turnaround Squeeze
While FWRD currently carries a cautious 25/100 (E) rating due to Insider Conviction & Share Dilution (4/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.
🚀 Contrarian Squeeze Trigger #1
Established market leader in Industrials with deep daily trading liquidity.
🚀 Contrarian Squeeze Trigger #2
Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($16.03) and Max Pain ($19.24) forces dealer call-delta covering toward $32.74.
🚀 Contrarian Squeeze Trigger #3
Forensic Repair Trigger: Halting share dilution (Dilution Drag (+1.28% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.
🎲 LIVE PREDICTION MARKET ODDS TIED TO $FWRD• $2.4M Crowd Pool • Kalshi / Polymarket Composite
Contract: “FWRD Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”
AUTOMATED RQD QUANT DESK MOVER BRIEFINGFull Market News Desk →
Why FWRD Stock surged +3.97% Today — RQD Quant Desk Flash
Forward Air Corporation (FWRD) surged +3.97% to $18.32, trading at 45% of its 52-week range ($7.86 – $31.18). Stretched risk/reward at current multiples (2% return on capital) under elevated 10-year interest-rate pressure.
- ▸Technical Tape: Trading at 45% of its 52-week range ($7.86 – $31.18) with RSI-14 at 62.9 (BULLISH MOMENTUM).
- ▸Volatility Profile: Historical 20-day realized swing band of ±10.5% around $18.32 (no active unusual options sweep snapshot on file).
- ▸Fundamental Anchor: Roarable E (Strong Sell) backed by 52% gross margin and $16.7M annual free cash flow.
Live FWRD Headlines & Catalysts
CATALYSTYahoo Finance • 23h ago
Forward Air (FWRD) Stock Fair Value Moves Lower As Analysts Cut Growth AssumptionsYahoo Finance report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
MARKET WIRETradingView • 1d ago
Forward Air Corporation Estimates – NASDAQ:FWRDTradingView report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
MARKET WIREStock Titan • 1d ago
A major customer signs a two-year deal with Forward Air (FWRD), with some services expected to shift.Stock Titan report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
MARKET WIREYahoo Finance • 1d ago
Forward Air Corporation Announces Timing of Third Quarter 2026 Earnings Release and Conference CallYahoo Finance report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
MARKET WIREStock Titan • 1d ago
BlackRock reports 1.64 million Forward Air (FWRD) shares in an amended passive ownership disclosure.Stock Titan report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
RISK WATCHad-hoc-news.de • 1d ago
Stifel cuts Forward Air stock target from USD 27.00 to USD 24.00ad-hoc-news.de report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
MARKET WIREad-hoc-news.de • 1d ago
Forward Air sets November 9 results date for Forward Air stockad-hoc-news.de report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
CATALYSTYahoo • 5d ago
XPO (XPO) Beats Q3 Earnings EstimatesXPO (XPO) delivered earnings and revenue surprises of +8.97% and -0.39%, respectively, for the quarter ended September 2026. Do the numbers hold clues to what lies ahead for the stock?
CATALYSTYahoo • 5d ago
Forward Air saves ‘significant portion’ of major customer accountForward Air has finalized a two-year deal to preserve a major share of the business from a contract logistics customer it had earlier warned it could lose. The post Forward Air saves ‘significant portion’ of major custom
ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk
Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring FWRD)
- ✓Walkthrough of FWRD's RQD Radar, SEC cash-conversion gap & downside invalidation levels
- ✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
- ✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?
FWRD // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +12.95%⚡ TESTING RESISTANCE
2026-11-03O $17.87H $18.32L $17.62C $18.32VOL 441.8K
RES: $18.46SUP: $15.32SMA50: $16.03SMA200: $17.54
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK
FWRD Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure
Share Count & Dilution Monitor
Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).
Reverse-DCF Expectations Hurdle
33.3%/yr Implied 5Y Growth
vs. +0.8% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).
Ellis Vennor Setup Ledger
No active Ellis Vennor swing setup published on FWRD today. View full Setup Ledger →
🦋 Documented & Second-Order Butterfly Connections
Open Graph →
No direct multi-tier Butterfly edges indexed yet for FWRD. Explore sector supply chains on /butterfly.
AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for FWRD today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK
📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (FWRD)
Industrials Rank #445 of 485
⚔️ RLGT vs FWRD Full Matrix →
1. Head-to-Head Industrials Peer Comparison (FWRD vs. RLGT, HUBG, BCO, PSIG)
Industry: Integrated Freight & Logistics (16 Tracked Issuers)Across 485 tracked Industrials securities in the Roarable RQD universe, Forward Air Corporation (FWRD) ranks #445 by composite RQD confidence (25/100, grade E) and #286 by equity capitalization ($595.2M). Within this direct 5-issuer industry benchmark cohort, BCO leads on earnings valuation at 21.1x trailing P/E, while BCO leads on capital efficiency and profitability with 19.6% ROIC and 25.8% gross margin. RLGT currently holds the highest overall quantitative score in the immediate peer group at 55/100 (D+) compared with FWRD at 25/100 (E).
| Ticker / Company | Roarable Grade | RQD Score | Trailing P/E | Gross Margin | ROIC | 1D Change | Market Cap | Head-to-Head |
|---|---|---|---|---|---|---|---|---|
| FWRD
ACTIVE
Forward Air Corporation | E | 25/100 | — | — | 1.7% | +3.97% | $595.2M | Benchmark Subject |
| RLGT Radiant Logistics Inc. | D+ | 55/100 | 24.7x | — | 8.4% | +3.08% | $426.6M | /rlgt-vs-fwrd → |
| HUBG Hub Group Inc. (Class A) | D- | 42/100 | — | — | — | +2.51% | $1.63B | /hubg-vs-fwrd → |
| BCO Brinks Company | D | 46/100 | 21.1x | 25.8% | 19.6% | +4.52% | $4.23B | /bco-vs-fwrd → |
| PSIG PS International Group Ltd. | E | 25/100 | — | 1.9% | -32.0% | 0.00% | $75.5M | /psig-vs-fwrd → |
2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)
SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0000912728In its most recent audited fiscal period (FY2025, filed 2025-12-31), Forward Air Corporation (FWRD) reported GAAP revenue of $2.50B (+0.8% vs. FY2024 revenue of $2.47B , and +82.0% cumulative change since FY2023) , GAAP net income of -$104.0M, operating cash flow of $0, and free cash flow of $0 . On the balance sheet, FWRD closed FY2025 with $2.72B in total assets against $1.69B in total debt (Altman Z-Score: 0.91, Piotroski F-Score: 2/9).
| Fiscal Period | Filing Date | Revenue | Net Income | Operating Cash Flow | Free Cash Flow | Total Assets | Total Debt |
|---|---|---|---|---|---|---|---|
| FY2025 (FY) | 2025-12-31 | $2.50B | -$104.0M | — | — | $2.72B | $1.69B |
| FY2024 (FY) | 2024-12-31 | $2.47B | -$820.0M | — | — | $2.80B | $1.68B |
| FY2023 (FY) | 2023-12-31 | $1.37B | $167.0M | — | — | — | — |
3. FWRD Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)
✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLEDIs FWRD stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
As of 2026-11-03, Forward Air Corporation (NASDAQ: FWRD) is rated E (Strong Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 25/100 at a spot price of $18.32 (+3.97% 1D, market cap $595.2M). Pillar breakdown: Fundamental Cash Engine 6/20, Institutional 13F & Options Flow 11/20, Executive Insider Alignment 3/20, FRED Macro Regime Fit 4/20, and SEC Balance-Sheet Forensics 3/20. Across 485 tracked Industrials issuers, FWRD ranks #445 in composite RQD confidence.
How does FWRD compare to RLGT and HUBG in the Industrials sector?
Within the Industrials sector (Integrated Freight & Logistics), FWRD carries a Roarable E (25/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 1.7%. By comparison, RLGT (Radiant Logistics Inc.) holds a D+ grade (55/100 RQD, P/E 24.7x, ROIC 8.4%, cap $426.6M) and HUBG (Hub Group Inc. (Class A)) posts a D- grade (42/100 RQD, P/E N/A, ROIC —, cap $1.63B). Among the 5-stock peer group, BCO leads on earnings multiple (21.1x) while BCO leads on capital efficiency (19.6% ROIC).
What are the biggest fundamental strengths and SEC risk factors for FWRD?
Per FWRD's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0000912728), Forward Air Corporation generated $2.50B in revenue (+0.8% YoY), -$104.0M in net income, and $0 in free cash flow against $2.72B in total assets and $1.69B in total debt. Key quantitative strengths: Established market leader in Industrials with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.
Where is FWRD trading relative to its 50-day, 200-day, and 52-week technical levels?
FWRD last traded at $18.32 (+3.97% on volume of 386,081 shares), positioning the stock +14.29% above its 50-day simple moving average ($16.03) and +4.45% above its 200-day simple moving average ($17.54). Across its 52-week range of $7.86 to $31.18, FWRD sits at the 44.9% percentile with a 14-day RSI of 62.9 (BULLISH MOMENTUM) and an implied next-earnings move of ±10.5% ($16.40 to $20.24).
ROARABLE RATING BRIEF • RQD 25/100 (E)
✓ SEC XBRL & RQD VERIFIED
FWRD — Forward Air Corporation: What the Facts Mean to a Prospective Investor
Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit
Updated: 2025-12-31
1. Roarable Rating Brief: What This Means to a Prospective Investor
Forward Air Corporation (FWRD) earns a live Roarable RQD composite score of 25/100, corresponding to a E letter grade (Roarable Strong Sell) at a spot price of $18.32 (+3.97% 1D, market capitalization $595.2M).
- Fundamental Cash Engine (6/20): Anchored by return on invested capital (ROIC) of 1.7%, gross margin of —, operating margin of 1.5%, and free cash flow yield of —.
- Whale 13F & Options Flow (11/20) + Insider Conviction (3/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
- Macro Regime Fit (4/20) + Forensic Balance Sheet (3/20): Incorporates a 1.00x equity beta, Altman Z-Score of 0.91, Piotroski F-Score of 2/9, and Debt/Equity of 8.50x.
2. Business Model, Unit Margins & SEC Financial Trajectory
Forward Air Corporation (NASDAQ: FWRD) is classified in the Industrials sector and the Integrated Freight & Logistics industry. The company's market capitalization is $0.6B.
In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Forward Air Corporation (FWRD) reported $2.50B in annual revenue (up from $2.47B in FY2024, +0.8% YoY) and -$104.0M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($1.37B revenue, $167.0M net income) through FY2025, FWRD scaled operating cash flow to $0 and free cash flow to $0, backed by $2.72B in total assets against $1.69B in total debt.
3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff
- 🐂 Primary Bull Case (E • RQD 25/100): Established market leader in Industrials with deep daily trading liquidity. Free cash flow yield of — and institutional whale pillar of 11/20. With Fundamental Cash Engine at 6/20 and Institutional Whale Flow at 11/20, sustained execution supports upside toward the upper end of the $7.86 – $31.18 52-week range.
- 🐻 Primary Bear Case & Valuation Risk: Company executives have done more routine share selling than personal cash buying lately. Investors must weigh current valuation and 35.7x EV/EBITDA against 1.5% operating margins and a 1.00x macro beta.
4. 2nd-Order Butterfly Ripples & Key Questions to Watch
Operating in Integrated Freight & Logistics (Industrials), FWRD carries a macro regime beta of 1.00 and gross margin of —.
- Key Question #1: Can FWRD sustain or expand its 1.5% operating margin and 1.7% ROIC against Integrated Freight & Logistics peers over the next 4 quarters?
- Key Question #2: Following FY2025 revenue of $2.50B and free cash flow of $0, how will capital allocation balance growth reinvestment against $1.69B in total debt?
- Key Question #3: How sensitive is FWRD's equity valuation to Industrials capital spending cycles and macro interest-rate shifts (Beta 1.00x)?
FWRD Live News Feed, Press Releases & Catalyst Wire
Real-time company headlines, analyst actions, and sector developments for Forward Air Corporation (FWRD) • Click "Debate This Headline" to argue it in the Roar Pit below
🟡 MARKET WIRE Yahoo! Finance Canada • 20h ago
Forward Air Corporation (FWRD) Stock Price, News, Quote & History Yahoo! Finance Canada report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
🟢 CATALYST Yahoo Finance • 23h ago
Forward Air (FWRD) Stock Fair Value Moves Lower As Analysts Cut Growth Assumptions Yahoo Finance report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
🟡 MARKET WIRE TradingView • 1d ago
Forward Air Corporation Estimates – NASDAQ:FWRD TradingView report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
🟡 MARKET WIRE Stock Titan • 1d ago
A major customer signs a two-year deal with Forward Air (FWRD), with some services expected to shift. Stock Titan report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
🟡 MARKET WIRE Yahoo Finance • 1d ago
Forward Air Corporation Announces Timing of Third Quarter 2026 Earnings Release and Conference Call Yahoo Finance report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
🟡 MARKET WIRE Stock Titan • 1d ago
BlackRock reports 1.64 million Forward Air (FWRD) shares in an amended passive ownership disclosure. Stock Titan report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
🔴 RISK WATCH ad-hoc-news.de • 1d ago
Stifel cuts Forward Air stock target from USD 27.00 to USD 24.00 ad-hoc-news.de report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
🟡 MARKET WIRE ad-hoc-news.de • 1d ago
Forward Air sets November 9 results date for Forward Air stock ad-hoc-news.de report covering Forward Air Corporation (FWRD) market action, institutional positioning, and fundamental catalysts.
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE
3 Active Posts & Replies
FWRD Bull vs. Bear Conversation Board — What's Your Call at $18.32?
🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON FWRD 🐻 33% BEARISH CONVICTION
SI SiliconVal_Bull RQD DEBATE OPENER • Growth & Tech Investor 🐂 BULLISH
🎯 Target: $23.08 (+31.0%)
📌 Pinned Debate Institutional flow scores 11 / 20, the strongest RQD pillar, indicating some ownership interest.
Don't sleep on FWRD's setup in Industrials. Institutional flow scores 11 / 20, the strongest RQD pillar, indicating some ownership interest.. Beta of 1.0 means it moves fast when momentum turns, and the 5-pillar RQD gauge (25/100) backs up the fundamental quality.
SectorRotator 🐂 BULL
@SkepticalCFA Fair point on current EV/EBITDA multiples, but you're ignoring the forward operating leverage in Integrated Freight & Logistics. If gross margin (0.0%) holds, EPS grows into the multiple faster than bears think.
SK SkepticalCFA RQD DEBATE OPENER • Fundamental Contrarian 🐻 BEARISH
🎯 Target: $14.27 (-19.0%)
Spot @ $17.62 Altman Z of 0.91 and Piotroski F of 2/9 sit alongside Debt/Equity of 8.5 and FY 2025 net loss of -$104.0M.
I respect the product at Forward Air Corporation, but the stock at $17.62 is a different story. Altman Z of 0.91 and Piotroski F of 2/9 sit alongside Debt/Equity of 8.5 and FY 2025 net loss of -$104.0M.. FCF yield is 0.0% and RQD sits at 25/100 (E) — why pay up here when you can wait for next quarter's numbers?