Lakeview Announces Intent to Withhold Support for Directors of Forward Air Corp. at Annual Meeting
- CHICAGO--(BUSINESS WIRE)--Lakeview Investment Group & Trading Company, LLC (together with its affiliates, “Lakeview”), a meaningful shareholder of Forward Air Corp. (NASDAQ: FWRD) (“Forward Air” or the “Company”), is announcing its plans to withhold support for three incumbents at the Company's 2025 annual meeting of shareholders: George Mayes, Jr. (chairman), Javier Polit (director) and Laurie Tucker (director). Lakeview agrees with the conclusions reached by other investors and the two le.
- 06/05/2025
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Glass Lewis Joins ISS in Recommending Forward Air Shareholders Vote AGAINST Three Unfit Legacy Directors at 2025 Annual Meeting
- CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”), today announced that a second independent proxy advisory firm, Glass, Lewis & Co. (“Glass Lewis”), has joined Institutional Shareholder Services Inc. (“ISS”), in recommending that Forward Air shareholders vote AGAINST the reelection of three members of the Board of Directors (the “Board”.
- 06/02/2025
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Forward Air Shareholders Recommended to Vote AGAINST Three Unfit Legacy Directors at 2025 Annual Meeting by ISS
- CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”), today announced that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, recommends that Forward Air shareholders vote AGAINST the reelection of three members of the Board of Directors (the “Board”) at the 2025 Annual Meeting of Shareholders: (1.) Chai.
- 06/02/2025
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Ancora Releases Presentation Illustrating Why Shareholders Should Vote AGAINST Three Unfit Legacy Directors at 2025 Annual Meeting
- CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”), today issued a presentation that details why shareholders should join Ancora in voting AGAINST three current members of the Board of Directors (the “Board”) at the 2025 Annual Meeting of Shareholders (the “Annual Meeting”): Chairman George S. Mayes, Jr., Director Javier Polit and Director La.
- 05/20/2025
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Irenic Expresses Governance Concerns Pertaining to Forward Air Corporation
- NEW YORK--(BUSINESS WIRE)--Irenic Capital Management, LP (collectively with its affiliates, “Irenic” or “we”) today issued the below statement regarding Forward Air Corporation (NASDAQ: FWRD) (“Forward Air” or the “Company”). Irenic intends to vote against certain legacy members of Forward Air's Board of Directors (the “Board”) at the 2025 Annual Meeting of Shareholders (“Annual Meeting”). "Based on Irenic's independent analysis, we agree with Ancora Holdings Group's decision to withhold suppor.
- 05/14/2025
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Forward Air Corporation (FWRD) Q1 2025 Earnings Call Transcript
- Forward Air Corporation (NASDAQ:FWRD ) Q1 2025 Results Conference Call May 7, 2025 4:30 PM ET Company Participants Tony Carreno - SVP, Treasury & Investor Relations Shawn Stewart - Chief Executive Officer Jamie Pierson - Chief Financial Officer Conference Call Participants Andrew Cox - Stifel Stephanie Moore - Jefferies Scott Group - Wolfe Research Bascome Majors - Susquehanna Christopher Kuhn - Benchmark Company Operator Welcome to the Forward Air's First Quarter 2025 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Tony Carreno, Senior Vice President of Treasury and Investor Relations.
- 05/07/2025
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Compared to Estimates, Forward Air (FWRD) Q1 Earnings: A Look at Key Metrics
- Although the revenue and EPS for Forward Air (FWRD) give a sense of how its business performed in the quarter ended March 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 05/07/2025
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Forward Air (FWRD) Reports Q1 Loss, Lags Revenue Estimates
- Forward Air (FWRD) came out with a quarterly loss of $1.59 per share versus the Zacks Consensus Estimate of a loss of $0.47. This compares to loss of $0.64 per share a year ago.
- 05/07/2025
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Will Forward Air (FWRD) Report Negative Earnings Next Week? What You Should Know
- Forward Air (FWRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/30/2025
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Why Forward Air Stock Had Some Serious Lift Today
- Next-generation logistics specialist Forward Air (FWRD 32.57%) delivered mightily for its investors Wednesday.
- 04/09/2025
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Forward Air Corporation Provides Select First Quarter 2025 Updates
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “Forward Air”, “we”, “our”, or “us”) today reported preliminary financial results for the three months ended March 31, 2025 and an estimate of revenue from shipments that may be impacted by the tariffs under the International Emergency Economic Powers Act (“IEEPA”) order announced on April 2, 2025. For the three months ended March 31, 2025, preliminary Consolidated EBITDA, a non-GAAP measure calculated pu.
- 04/09/2025
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Why Transportation Stocks Are Falling Today
- A comprehensive overhaul of U.S. trade policy, including the introduction of broad tariffs on most of the world, is roiling markets on Thursday. Among the hardest-hit sectors are transportation companies, including Union Pacific (UNP -4.01%), Forward Air (FWRD -21.36%), and Zim Integrated Shipping Services (ZIM -14.32%), all losing ground.
- 04/03/2025
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Why Forward Air Stock Dropped on Thursday
- "Asset-light" transportation services provider Forward Air (FWRD -9.53%) stock came in light on earnings last night, and its stock is suffering -- down 6.8% through 10:05 a.m. ET Thursday morning.
- 02/27/2025
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Forward Air Corporation (FWRD) Q4 2024 Earnings Call Transcript
- Forward Air Corporation (NASDAQ:FWRD ) Q4 2024 Earnings Conference Call February 26, 2025 4:30 PM ET Company Participants Tony Carreno - SVP, Treasury & IR Shawn Stewart - CEO Jamie Pierson - CFO Conference Call Participants Andrew Cox - Stifel Bascome Majors - Susquehanna Joe Hafling - Jefferies Christopher Kuhn - Benchmark Company Operator Welcome to the Forward Air Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, all participants have been placed in a listen-only mode and the floor will be open for your questions following the presentation.
- 02/27/2025
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3 Truck Stocks Worth Keeping An Eye On Despite Industry Pressure
- The Zacks Industry Rank for the Transportation-Truck industry paints a dull picture, mainly owing to the slowdown in freight demand. We believe stocks like ODFL, ARCB and FWRD are better positioned to escape industry challenges.
- 02/25/2025
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Why UPS, Forward Air, and FedEx Stocks All Tumbled Today
- After months of threatening to levy tariffs on imports from countries he blames for facilitating the flood of fentanyl into the U.S., on Saturday, President Donald Trump did just that. He announced the imposition of new 25% tariffs on imports to the U.S. from its top two trading partners, Mexico and Canada.
- 02/03/2025
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Forward Air Corporation Announces Timing of Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) will release its fourth quarter and full year 2024 earnings after the market closes on Wednesday, February 26, 2025, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com or by dialing (800) 445-7795, Access Code: FWRDQ424. A conference cal.
- 01/23/2025
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Forward Air Releases 2024 Environmental, Social and Governance Report
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward”) announced today the release of its updated Environmental, Social and Governance (ESG) report, providing a detailed overview of its ESG commitments, goals and progress. The 2024 ESG report includes data that is aligned with the Sustainability Accounting Standards Board, Task Force on Climate-Related Financial Disclosures and Global Reporting Initiative guidance. The report and ESG website are accessible throu.
- 12/18/2024
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Forward Air Raises $350,000 for Veterans at Annual Drive for Hope Golf Tournament
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) hosted the third annual Drive for Hope Golf Tournament November 11-12 at Chateau Elan Winery & Resort in Braselton, GA. Through its charitable platform, Operation Forward Freedom, the Company raised $350,000 to benefit Hope For The Warriors. Founded in 2006, Hope For The Warriors is a national nonprofit dedicated to restoring a foundation of stability, strength and community for post-9/1.
- 11/22/2024
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Forward Air Announces New Chief Commercial Officer
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) today announced that Eric Brandt has joined the Company as Chief Commercial Officer to lead its strategic growth plan and business development efforts. Mr. Brandt brings a strong track record of driving profitable growth in the logistics space, holding leadership roles at Agility, Panalpina, Kraft Foods and most recently, CEVA Logistics, where he served as Executive Vice President of Busines.
- 11/06/2024
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Forward Air Corporation (FWRD) Q3 2024 Earnings Call Transcript
- Forward Air Corporation (NASDAQ:FWRD ) Q3 2024 Earnings Conference Call November 4, 2024 4:30 PM ET Company Participants Tony Carreño - SVP, Treasury and IR Shawn Stewart - CEO Jamie Pierson - CFO Conference Call Participants Bruce Chan - Stifel Joe Hafling - Jefferies Scott Group - Wolfe Research Bascome Majors - Susquehanna Christopher Kuhn - Benchmark Company Operator Welcome to the Forward Air's Third Quarter 2024 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode and the floor will be open for your questions following the presentation.
- 11/04/2024
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Forward Air Corporation Announces Timing of Third Quarter 2024 Earnings Release and Conference Call
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) will release its third quarter 2024 earnings after the market closes on Monday, November 4, 2024, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com or by dialing (800) 225-9448, Access Code: FWRDQ324. A conference call replay will be av.
- 10/23/2024
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Strength Seen in Forward Air (FWRD): Can Its 6.2% Jump Turn into More Strength?
- Forward Air (FWRD) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 10/18/2024
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Why Forward Air Stock Soared Today
- A voice within the company is pushing for a change in ownership.
- 10/07/2024
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Forward Air Corporation Issues Statement
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”) today issued the following statement: The Forward Air Board of Directors and management acknowledge and value the perspectives of the Company's shareholders. The Company has recently undergone a significant transformation, including substantially refreshing its Board and management team, and is focused on continuing to provide industry leading service and executing its strategic plan with a renewed sense.
- 10/07/2024
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Activist Ancora joins investors' calls for a strategic review at Forward Air. Here's what may happen next
- Ancora joined a chorus of activist investors who are pushing Forward Air for a strategic review.
- 09/07/2024
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Forward Air Corporation (FWRD) Q2 2024 Earnings Call Transcript
- Forward Air Corporation (NASDAQ:FWRD ) Q2 2024 Earnings Conference Call August 7, 2024 4:30 PM ET Company Participants Tony Carreño - Senior Vice President of Treasury and Investor Relations Shawn Stewart - Chief Executive Officer Jamie Pierson - Chief Financial Officer Conference Call Participants Bruce Chan - Stifel Bascome Majors - Susquehanna Scott Group - Wolfe Research Christopher Kuhn - Benchmark Stephanie Moore - Jefferies Operator Ladies and gentlemen thank you for standing by and welcome to the Forward Air Second Quarter 2024 Earnings Conference Call. At this time, all participants have been placed on a listen-only mode and the floor will be open for your questions following the presentation.
- 08/10/2024
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Why Forward Air Stock Is Up Big Today
- Forward reported a massive loss in the quarter, including one-time charges, but underlying business trends improved. The company is under new management and slowly making progress after an unpopular acquisition and disappointing results.
- 08/08/2024
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7 Undervalued Stocks That Could Surge 500% in the Next 12 Months
- Even with the stock market's impressive gains, there's no shortage of undervalued stocks if you know where to look. The recent correction has just scratched the surface of the tech sector.
- 08/05/2024
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7 Transportation Stocks to Buy Now: Q3 Edition
- It's not been a great year for transportation stocks. The benchmark SPDR S&P Transportation ETF (NYSEARCA: XTN ) has fallen 9% over the past 12 months.
- 07/16/2024
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Why Forward Air Stock Advanced in June
- Forward shares are down big due to current market conditions and an unpopular acquisition. An activist is reportedly preparing to push the company to restructure or find a buyer.
- 07/02/2024
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Have 20 Bucks? 7 Low-Priced Stocks That Could Double by 2025
- Low-priced stocks to buy with the potential to double within the next year or so have inherent appeal for investors. Individual shares are affordable making it relatively easy to establish a stake.
- 06/28/2024
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Forward Air Provides Update on First Quarter 2024 Non-GAAP Financial Measures
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company”, “Forward”, “we”, “our”, or “us”) today announced updates to certain previously released non-GAAP financial measures for the twelve months ended March 31, 2024, to include adjustments to the previously released non-GAAP financial measures. When Forward released first quarter 2024 earnings on May 8, 2024, the Company made available to investors a conference call presentation, page 19 of which set forth a c.
- 06/27/2024
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7 Short Squeeze Stocks to Look Into for Your Portfolio
- In 2021, a trader with a large Reddit following induced a massive rally in shares of GameStop Corp. NYSE: GME. The downtrodden gaming retailer was the most shorted stock in the entire market in January 2021, but the retail buying frenzy triggered a massive run-up in price as hedge funds were forced to cover their short positions to prevent huge losses.
- 06/27/2024
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Why Forward Air Stock Hit New Lows in May
- Forward Air reported disappointing quarterly results, confirming investor fears about a questionable acquisition from earlier in the year. Both activists and new management are now racing to turn the company around.
- 06/05/2024
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Will Forward Air Stock See A Recovery After 75% Fall This Year?
- The stock price of Forward Air (NASDAQ: FWRD), an asset-light freight and logistics company with operations in the United States and Canada, trades at $15 per share, about 90% below its peak level of $125 seen in January 2022. FWRD stock was trading at $92 in early June 2022, just before the Fed started increasing rates, and is now 84% below that level, compared to a substantial 40% gain for the S&P 500 during this period.
- 05/31/2024
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Activist Irenic Capital initiates a 5% stake in Forward Air: Should you buy the stock?
- Forward Air (NASDAQ:FWRD) finds itself in the spotlight as activist investor Irenic Capital Management made a significant move, acquiring nearly 5% stake in the company, according to a report by the Wall Street Journal.
- 05/29/2024
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Activist Irenic Builds Stake in Trucking Company Forward Air
- Irenic Capital Management has a position of nearly 5%, making it one of the trucking company's top shareholders.
- 05/28/2024
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Forward Air Announces Leadership Transition
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) today announced the appointment of Jamie G. Pierson as interim Chief Financial Officer effective May 20, 2024. Mr. Pierson succeeds Rebecca Garbrick, who is departing the Company. Ms. Garbrick will remain with the Company to assist with the transition. “On behalf of the Board of Directors, I want to thank Rebecca for her commitment and significant contributions over the last several years. Since taking the CFO role in 2020, Rebecca has been a valuable member of our management team, and we wish her much success in her future endeavors,” stated Shawn Stewart, CEO. He continued, “We are excited to have Jamie step in to lead, and provide strategic insight, to the finance team during this critical time. Jamie is a seasoned executive with extensive experience in transportation and logistics, which coupled with his demonstrated track record in several financial leadership positions, make him a valuable addition to the Forward team.” Mr. Pierson joins Forward having most recently served as Chief Financial Officer of MV Transportation, a privately-owned passenger transportation contracting services firm in North America, until January 2024. Prior to joining MV Transportation, Mr. Pierson held various senior leadership positions including Executive Vice President and Chief Financial Officer of Ecobat Technologies and YRC Worldwide, Inc. Forward has initiated a search for a CFO with the assistance of an executive search firm. About Forward Air Corporation Forward Air is a leading asset-light provider of transportation services across the United States, Canada and Mexico. We provide expedited less-than-truckload services, including local pick-up and delivery, shipment consolidation/deconsolidation, warehousing, and customs brokerage by utilizing a comprehensive national network of terminals. In addition, we offer truckload brokerage services, including dedicated fleet services, and intermodal, first- and last-mile, high-value drayage services, both to and from seaports and railheads, dedicated contract and Container Freight Station warehouse and handling services. Forward also operates a full portfolio of multimodal solutions, both domestically and internationally, via Omni Logistics. Omni Logistics is a global provider of air, ocean and ground services for mission-critical freight. We are more than a transportation company. Forward is a single resource for your shipping needs. For more information, visit our website at www.forwardaircorp.com. Note Regarding Forward-Looking Statements This press release may contain statements that might be considered as forward-looking statements. Forward-looking statements can be identified by words such as: “anticipate”, “expect”, “intend”, “plan”, “goal”, “target”, “project”, “believe”, “may”, “should”, “will”, “aim”, “would”, “seek”, “estimate”, “strategy”, “future”, “likely” and similar references to future periods. Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on management’s belief or interpretation of information currently available. These statements and assumptions involve certain risks and uncertainties including the Company’s expectations regarding the appointment of senior management positions. Actual events may also differ from these expectations as a result of the risks identified from time to time in our filings with the Securities and Exchange Commission. You should consider the forward-looking statements contained herein in light of such risks. We assume no duty to update these statements as of any future date.
- 05/20/2024
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Forward Air Files Definitive Proxy Statement and Reiterates Commitment to Board Refreshment
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today announced the filing of its definitive proxy statement with the Securities and Exchange Commission (“SEC”) on May 20, 2024 in preparation for its upcoming annual shareholder meeting, which will be held on June 3, 2024 for shareholders as of the March 25, 2024 record date. Forward is dedicated to fostering a culture of continuous improvement, transparency and accountability as t.
- 05/20/2024
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Forward Air Corporation (FWRD) Q1 2024 Earnings Call Transcript
- Forward Air Corporation (NASDAQ:FWRD ) Q1 2024 Results Conference Call May 9, 2024 10:00 AM ET Company Participants Michael Hance - Interim CEO, Chief Legal Officer & Secretary Rebecca Garbrick - CFO & Treasurer Shawn Stewart - Incoming CEO Conference Call Participants Andrew Cox - Stifel Bascome Majors - Susquehanna Stephanie Moore - Jefferies Christopher Kuhn - Benchmark Tyler Brown - Raymond James Operator At this time, all participants have been placed in a listen-only mode and the floor will be open for your questions following the presentation. [Operator Instructions] I would now like to turn the call over to Michael Hance, Chief Legal Officer.
- 05/09/2024
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Why Forward Air Stock Was Grounded Today
- Forward lost more than expected in the first quarter, weighed down by a controversial acquisition. The company has new management and great potential, but could be stuck in neutral for a while.
- 05/09/2024
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Forward Air Corporation (FWRD) Shareholders May Have Been Affected by Fraud- Levi & Korsinsky Investigates
- NEW YORK, NY / ACCESSWIRE / May 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Forward Air Corporation ("Forward Air") (NASDAQ:FWRD) concerning possible violations of federal securities laws. Forward Air disclosed its financial performance for the first quarter of 2024, following the market closure on May 8, 2024.
- 05/09/2024
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Shareholder Rights Advocates at Levi & Korsinsky Investigate Forward Air Corporation (FWRD) Regarding Possible Securities Fraud Violations
- NEW YORK, NY / ACCESSWIRE / May 9, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Forward Air Corporation ("Forward Air") (NASDAQ:FWRD) concerning possible violations of federal securities laws. Forward Air disclosed its financial performance for the first quarter of 2024, following the market closure on May 8, 2024.
- 05/09/2024
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Forward Air: A Show-Me Story That Could Unveil Upside Potential (Rating Upgrade)
- Forward Air and Omni completed their merger, but the stock has since declined by 55%. The company experienced leadership changes and stopped issuing guidance, leading to a continued decline in stock price. FWRD stock is now trading to a multiple below 3.5x, compared to previous levels above the sector average of 4.8x.
- 05/06/2024
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Forward Air Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”) announced that it granted equity awards on April 29, 2024 as a material inducement to employment of the newly-hired Chief Executive Officer, Shawn Stewart. As previously disclosed, the Company and Mr. Stewart entered into an employment agreement in connection with Mr. Stewart's appointment as Chief Executive Officer. Pursuant to the employment agreement, the following equity awards were approved for issua.
- 04/30/2024
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Analysts Estimate Forward Air (FWRD) to Report a Decline in Earnings: What to Look Out for
- Forward Air (FWRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/29/2024
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Forward Air Announces Leadership Transition
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or the “Company”) today announced that Shawn Stewart has been named Chief Executive Officer and a Director of the Board, effective April 28, 2024. Michael Hance, who served as Interim CEO, will continue to serve as Chief Legal Officer and Secretary. Mr. Stewart is a seasoned executive with nearly three decades of experience in logistics and transportation. During his tenure at CEVA Logistics, a global end-to-.
- 04/23/2024
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Wall Street Favorites: 3 Transportation Stocks With Strong Buy Ratings for April 2024
- It's a great time to be looking at transportation stocks to buy. Thanks to the reshoring boom, multinational companies are looking to relocate much of their supply chains and manufacturing capacity back to the United States and the North American free trade zone.
- 04/12/2024
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Forward Air Leaders Recognized for Outstanding Service
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or “the Company”) is pleased to announce that four leaders have been recognized for outstanding achievements in their respective spaces. Supply & Demand Chain Executive has recognized the following leaders with the 2024 Pros to Know award: Chris Ruble – President & Chief Operating Officer, received the Lifetime Achievement award. This award honors company leaders who've made outstanding contributions.
- 03/21/2024
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Forward Air Corporation (FWRD) Q4 2023 Earnings Call Transcript
- Goldman Sachs BDC (NYSE:GSBD) Q4 2023 Earnings Conference Call February 29, 2024 9:00 AM ET
- 02/29/2024
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Here's What Key Metrics Tell Us About Forward Air (FWRD) Q4 Earnings
- Although the revenue and EPS for Forward Air (FWRD) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 02/28/2024
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Forward Air (FWRD) Q4 Earnings and Revenues Miss Estimates
- Forward Air (FWRD) came out with quarterly earnings of $0.81 per share, missing the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $1.65 per share a year ago.
- 02/28/2024
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Forward Air Corporation Reports Fourth Quarter and Full Year 2023 Results
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three and twelve months ended December 31, 2023 as presented in the tables below on a continuing operations basis (Final Mile is being reported as a discontinued operation). Michael Hance, Interim Chief Executive Officer said, “Execution of our revenue growth strategies in the fourth quarter led to positive volume trends and improved freight q.
- 02/28/2024
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Forward Air Corporation Changes Timing of Fourth Quarter 2023 Earnings Release to February 28
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or “the Company”) today changed the date for the release of its fourth quarter 2023 earnings. Forward plans to release its fourth quarter 2023 earnings after the market closes on Wednesday, February 28 and hold a conference call to discuss those results on the following day, Thursday, February 29 at 9:00 a.m. ET. The conference call will be available online on the Investor Relations portion of the Company's w.
- 02/16/2024
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Forward Air And Its Real Value
- Forward Air Corp. has acquired Omni Logistics, leading to concerns about debt and loss of ownership control for shareholders. The company's growth has declined due to supply chain issues and reduced consumer spending. Forward Air is positioned well in the LTL industry and has potential for long-term growth if the merger is successful.
- 02/11/2024
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Forward Air Announces Leadership Changes
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or “the Company”) today announced several updates to its senior management team and Board of Directors (“the Board”). Management Changes Tom Schmitt, Chairman, Chief Executive Officer and President of Forward, has departed the Company. Effective immediately, Michael Hance has been appointed Interim Chief Executive Officer in addition to his current position as Chief Legal Officer and Secretary. Since joining.
- 02/07/2024
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Forward Air Provides Update on January 2024 Performance
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward”) today provided the following LTL Expedited Freight operating statistics for January 2024. During this period, weight per shipment increased 9.8%, pounds per day also increased 9.2% compared to the same period last year. Finally, revenue per ton mile increased 1.9% over the same period last year, excluding fuel. Tom Schmitt, Chairman and Chief Executive Officer of Forward, commented: "We continue to improve o.
- 02/05/2024
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Forward Air Corporation Announces Timing of Fourth Quarter 2023 Earnings Release and Conference Call
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its fourth quarter 2023 earnings after the market closes on Wednesday, February 21, 2024 and hold a conference call to discuss those results on the following day, Thursday, February 22, 2024 at 9:00 a.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com, or by dialing (877) 336-4440, Access Code: 5236215. Since we us.
- 01/29/2024
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Forward Air Announces Closing of Omni Logistics Transaction
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (“Forward” or “the Company”) today announced that it has completed its previously announced acquisition of Omni Logistics, LLC (“Omni”). Together, Forward and Omni will create a category leader in the expedited LTL market, built on precision execution. With a differentiated service offering, industry-leading team and expanded geographic footprint, the combined company will offer high-value freight to its expedited LTL n.
- 01/25/2024
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Forward Air (FWRD) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
- Although the revenue and EPS for Forward Air (FWRD) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 10/30/2023
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Forward Air (FWRD) Q3 Earnings and Revenues Lag Estimates
- Forward Air (FWRD) came out with quarterly earnings of $0.99 per share, missing the Zacks Consensus Estimate of $1.10 per share. This compares to earnings of $1.93 per share a year ago.
- 10/30/2023
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Why Forward Air Stock Is Advancing Today
- An activist investor is calling on Forward to scrap its planned $3.2 billion acquisition and focus on internal improvements instead. The activist is also pushing to replace the CEO and some members of the board.
- 10/17/2023
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Forward Air's stock driven higher after activist investor says stock can soar more than 80% if shareholders take action
- Shares of Forward Air Corp. FWRD, +5.04% were driven up 4.8% in morning trading Tuesday, after activist investor Ancora Alternatives LLC said it believes the less-than-truckload and freight services company value could nearly double if shareholders take action. Ancora, which said it is a “top 5” shareholder of Forward Air, said the stock can trade “north of $100” over the next six months, if shareholders vote down the cash-and-stock deal to buy Omni Logistics LLC announced on Aug. 10, then vote to replace the board of directors and management team.
- 10/17/2023
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New Strong Sell Stocks for October 17th
- BAYYR, EDAP and FWRD have been added to the Zacks Rank #5 (Strong Sell) List on October 17, 2023.
- 10/17/2023
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New Strong Sell Stocks for October 13th
- DAL, CNI and FWRD have been added to the Zacks Rank #5 (Strong Sell) List on October 13, 2023.
- 10/13/2023
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Executives Bought Shares at Forward Air and Fox
- It seems only logical that trades by a company's executives would provide a clue to that company's outlook.
- 09/11/2023
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Forward Air to Present at the 2023 Jefferies Industrials Conference
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”), a category leader in expedited LTL, announced today that Tom Schmitt, Chairman and Chief Executive Officer, and Rebecca Garbrick, Chief Financial Officer, will present at the Jefferies Industrials Conference on September 6, 2023, at 10:30 a.m. ET. Investors may listen to a live webcast of the presentation by accessing the webcast button in the Investor Relations section of the Company's web.
- 08/28/2023
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3 Stocks Insiders Are Snapping Up Like Crazy
- When it comes to investing, we're all looking for that edge to get in early on the next big stock before it takes off. As outside investors, we sometimes feel at an information disadvantage compared to company insiders.
- 08/23/2023
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Why Forward Air Stock Was Stuck in Reverse This Week
- Forward shares have been under pressure since the company announced a planned merger with private-equity-owned Omni Logistics. The company believes the deal will make it a shipping powerhouse, but analysts are worried about merger complexities.
- 08/17/2023
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Forward Air Corporation (FWRD) Q2 2023 Earnings Call Transcript
- Forward Air Corporation (NASDAQ:FWRD ) Q2 2023 Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Thomas Schmitt - President, CEO & Chairman Rebecca Garbrick - CFO & Treasurer Conference Call Participants Jack Atkins - Stephens Inc. Scott Group - Wolfe Research Bascome Majors - Susquehanna Stephanie Moore - Jefferies Andrew Cox - Stifel Christopher Kuhn - the Benchmark Company Operator Thank you for joining Forward Air Corporation's Second Quarter 2023 Earnings Release Conference Call. Before we begin, I'd like to point out that both the press release and webcast presentation for this call are accessible on the Investor Relations section of Forward Air's website at www.forwardaircorp.com.
- 08/06/2023
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Forward Air (FWRD) Misses Q2 Earnings and Revenue Estimates
- Forward Air (FWRD) came out with quarterly earnings of $0.91 per share, missing the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $2.04 per share a year ago.
- 08/02/2023
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2 Stocks Getting an Analyst Boost
- In the exhilarating landscape of investing, the term "analyst picks" resonates like a beacon guiding investors through the turbulent market waves. Every investor, novice or seasoned, values this insightful information to navigate their financial journey successfully.
- 07/19/2023
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Forward Air Corporation Announces Timing of Second Quarter 2023 Earnings Release and Conference Call
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its second quarter 2023 earnings after the market closes on Wednesday, August 2, 2023 and hold a conference call to discuss those results on the following day, Thursday, August 3, 2023 at 9:00 a.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com, or by dialing (877) 336-4440, Access Code: 6257043. Since we use our.
- 07/18/2023
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7 Transportation Stocks to Buy Before Summer 2023
- While it might be difficult to believe in a broader economic recovery with all the ugly headwinds, it's possible that circumstances might improve, thus bolstering transportation stocks to buy. Fundamentally, the economy has proven resilient.
- 05/21/2023
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Forward Air (FWRD) Surpasses Q1 Earnings Estimates
- Forward Air (FWRD) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.57 per share a year ago.
- 05/01/2023
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Forward Air Corporation Announces Timing of First Quarter 2023 Earnings Release and Conference Call
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its first quarter 2023 earnings after the market closes on Monday, May 1, 2023 and hold a conference call to discuss those results on the following day, Tuesday, May 2, 2023 at 9:00 a.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com, or by dialing (877) 336-4436, Access Code: 2402511.
- 04/18/2023
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Kodiak Robotics, Forward Air begin Dallas-Atlanta autonomous runs
- Kodiak Robotics and Forward Air Corp. are beginning thrice-weekly autonomous freight round-trip runs between Dallas and Atlanta using teams of safety drivers to comply with hours-of-service regulations that likely won't apply to driverless trucks. Mountain View, California-based Kodiak expects to pull the driver on specific routes in 2024.
- 03/16/2023
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Forward Air: Cost Cutting Efforts Announced, But There Are Risks
- Forward Air offers ground transportation and related logistics services in the United States and Canada. It is also worth noting that the company expects to open 30 new terminals in the next five years, which will likely result in revenue growth generation.
- 02/18/2023
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Forward Air Corp (FWRD) Q4 2022 Earnings Call Transcript
- Forward Air Corp (NASDAQ:FWRD ) Q4 2022 Earnings Conference Call February 9, 2023 9:00 AM ET Company Participants Thomas Schmitt - President, CEO & Executive Chairman Rebecca Garbrick - CFO & Treasurer Conference Call Participants Grant Smith - Stephens Inc. Patrick Brown - Raymond James & Associates Todd Fowler - KeyBanc Capital Markets Scott Group - Wolfe Research Bascome Majors - Susquehanna Financial Group Operator Thank you for joining Forward Air Corporation's Fourth Quarter 2022 Earnings Release Conference Call. Before we begin, I'd like to point out that both the press release and webcast presentation for this call are accessible on the Investor Relations section of Forward Air's website at www.forwardaircorp.com.
- 02/09/2023
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Why Forward Air Stock Is Falling Today
- The company's fourth quarter failed to live up to its expectations.
- 02/09/2023
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Forward Air (FWRD) Q4 Earnings and Revenues Lag Estimates
- Forward Air (FWRD) delivered earnings and revenue surprises of -15.38% and 4.37%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/08/2023
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Forward Air Corporation Announces Timing of Fourth Quarter 2022 Earnings Release and Conference Call
- GREENEVILLE, Tenn.--( BUSINESS WIRE )--Forward Air Corporation (NASDAQ:FWRD) will release its fourth quarter 2022 earnings after the market closes on Wednesday, February 8, 2023 and hold a conference call to discuss those results on the following day, Thursday, February 9, 2023 at 9:00 a.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com, or by dialing (877) 226-8189, Access Code: 8042513. Since we use our Investor Relations website as a primary mechanism to communicate with our investors, investors are urged to monitor the Investor Relations portion of the Company's website to easily find or navigate to current and pertinent information about us. A replay of the conference call will be available on the Investor Relations portion of the Company's website at ir.forwardaircorp.com beginning shortly after completion of the live call.
- 01/16/2023
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Forward Air to buy expedited LTL provider Land Air Express
- Asset-light trucking provider Forward Air announced Wednesday it will acquire expedited less-than-truckload provider Land Air Express for $56.5 million. Bowling Green, Kentucky-based Land Air Express' network includes 270 employees and over 200 drivers operating out of more than 25 terminals throughout the U.S. Its offering includes guaranteed, same-day, hot shot and pickup and delivery services of shipments as small as an individual parcel up to a full trailer load.
- 01/04/2023
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What's next for global demand after an 'unusually slow' holiday quarter: Forward Air CEO
- Forward Air CEO Tom Schmitt on how long the decline in consumer demand and slowdown in shipping from China will last.
- 12/27/2022
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Forward Air sees near-20% tonnage decline in November
- Less-than-truckload provider Forward Air announced Thursday further deceleration in tonnage during the fourth quarter as pieces per shipment have declined 20% year over year (y/y). “Our customers and we are experiencing what we believe is a temporary but significant softening in the freight environment,” Chairman, President and CEO Tom Schmitt commented in regard to declines the company logged in October and November.
- 12/08/2022
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Forward Air Corporation to Present at the Stephens 24th Annual Investment Conference on Tuesday, November 15, 2022
- GREENEVILLE, Tenn.--( BUSINESS WIRE )--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced that on Tuesday, November 15, 2022, at approximately 1:00 p.m. CST, Tom Schmitt, Chief Executive Officer, and Rebecca Garbrick, Chief Financial Officer, will participate in a fireside chat at the Stephens 24th Annual Investment Conference in Nashville, Tennessee.
- 11/15/2022
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Forward Air acquires another drayage provider
- Asset-light transportation provider Forward Air announced Monday it has entered into an agreement to acquire intermodal drayage provider Chickasaw Container Services (CCS). The transaction is expected to close in November and will be funded with cash on hand.
- 11/07/2022
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Forward Air (FWRD) is a Great Momentum Stock: Should You Buy?
- Does Forward Air (FWRD) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 11/01/2022
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Forward Air Corporation (FWRD) Q3 2022 - Earnings Call Transcript
- Forward Air Corporation. (NASDAQ:FWRD ) Q3 2022 Earnings Conference Call October 27, 2022 9:00 AM ET Company Participants Thomas Schmitt - Chief Executive Officer Rebecca Garbrick - Chief Financial Officer Conference Call Participants Bruce Chan - Stifel Todd Fowler - KeyBanc Capital Markets Jack Atkins - Stephens Tyler Brown - Raymond James Christopher Kuhn - The Benchmark Company Stephanie Moore - Jefferies Scott Group - Wolfe Research Bascome Majors - Susquehanna Operator Thank you for joining Forward Air Corporation's Third Quarter 2022 Earnings Release Conference Call.
- 10/29/2022
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Forward Air (FWRD) Surpasses Q3 Earnings and Revenue Estimates
- Forward Air (FWRD) delivered earnings and revenue surprises of 1.58% and 2.29%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/26/2022
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All You Need to Know About Forward Air (FWRD) Rating Upgrade to Strong Buy
- Forward Air (FWRD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 10/17/2022
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What Makes Forward Air (FWRD) a Strong Momentum Stock: Buy Now?
- Does Forward Air (FWRD) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 10/14/2022
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Forward Air fosters resilience to softening demand with high-value freight shipments
- Tom Schmitt, chairman and CEO of Forward Air, joins 'Power Lunch' to discuss softening consumer demand, labor shortage for fleet crews, and more.
- 10/13/2022
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Forward Air Corporation Announces Timing of Third Quarter 2022 Earnings Release and Conference Call
- GREENEVILLE, Tenn.
- 10/12/2022
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Here's Why Forward Air (FWRD) is a Great Momentum Stock to Buy
- Does Forward Air (FWRD) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 08/18/2022
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Forward Air Corporation (FWRD) CEO Tom Schmitt on Q2 2022 Results - Earnings Call Transcript
- Forward Air Corporation (NASDAQ:FWRD ) Q2 2022 Earnings Conference Call July 28, 2022 9:00 AM ET Company Participants Tom Schmitt - Chief Executive Officer Rebecca Garbrick - Chief Financial Officer Conference Call Participants Bruce Chan - Stifel Jack Atkins - Stephens Tyler Brown - Raymond James Todd Fowler - KeyBanc Capital Markets Bascome Majors - Susquehanna Operator Thank you for joining Forward Air Corporation's Second Quarter 2022 Earnings Release Conference Call. Before we begin, I'd like to point out that both the press release and webcast presentation for this call are accessible on the Investor Relations section of Forward Air's website at www.forwardaircorp.com.
- 07/31/2022
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3 Reasons Why Forward Air (FWRD) Is a Great Growth Stock
- Forward Air (FWRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 07/25/2022
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Can Forward Air (FWRD) Run Higher on Rising Earnings Estimates?
- Forward Air (FWRD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 07/22/2022
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Wall Street Analysts Predict a 40% Upside in Forward Air (FWRD): Here's What You Should Know
- The average of price targets set by Wall Street analysts indicates a potential upside of 39.6% in Forward Air (FWRD). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
- 07/22/2022
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Wall Street Analysts Believe Forward Air (FWRD) Could Rally 52%: Here's is How to Trade
- The mean of analysts' price targets for Forward Air (FWRD) points to a 51.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 06/16/2022
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Is Forward Air (FWRD) a Solid Growth Stock? 3 Reasons to Think "Yes"
- Forward Air (FWRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 06/15/2022
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What Makes Forward Air (FWRD) a New Strong Buy Stock
- Forward Air (FWRD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 06/13/2022
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New Strong Buy Stocks for May 25th
- DQ, MEOH, AN, FWRD, and MBUU have been added to the Zacks Rank #1 (Strong Buy) List on May 25, 2022.
- 05/25/2022
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Looking for a Growth Stock? 3 Reasons Why Forward Air (FWRD) is a Solid Choice
- Forward Air (FWRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 05/16/2022
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Forward Air adds West Coast intermodal drayage provider
- Forward Air announced Monday the acquisition of intermodal drayage company Edgmon Trucking. Located in Kent, Washington, Edgmon serves the ports of Seattle and Tacoma, operating a 5-acre facility in Kent and a 2-acre yard in Seattle.
- 05/09/2022
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Will Forward Air (FWRD) Gain on Rising Earnings Estimates?
- Forward Air (FWRD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 05/03/2022
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Forward Air Corporation's (FWRD) CEO Thomas Schmitt on Q1 2022 Results - Earnings Call Transcript
- Forward Air Corporation (NASDAQ:FWRD ) Q1 2022 Earnings Conference Call April 28, 2022 9:00 AM ET Company Participants Thomas Schmitt - Chairman, President and Chief Executive Officer Rebecca Garbrick - Chief Financial Officer and Treasurer Conference Call Participants Bruce Chan - Stifel Jack Atkins - Stephens Tyler Brown - Raymond James Todd Fowler - Keybanc Capital Markets Scott Group - Wolfe Research Bascome Majors - Susquehanna Financial Group Operator Thank you for joining Forward Air Corporation's First Quarter 2022 Earnings Release Conference Call. Before we begin, I'd like to point out that both the press release and webcast presentation for this call are accessible on the Investor Relations section of Forward Air's website at www.forwardaircorp.com.
- 04/30/2022
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Forward Air to hit 2023 EPS target a year early
- Management from Forward Air said Thursday that March was the best month in the company's history, with its less-than-truckload segment experiencing three of the highest tonnage weeks on record. The comments came on its first-quarter call, which highlighted the progress the asset-light trucking company has made transitioning its freight mix away from low-paying, light shipments to heavier loads.
- 04/28/2022
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Forward Air (FWRD) Q1 Earnings and Revenues Surpass Estimates
- Forward Air (FWRD) delivered earnings and revenue surprises of 3.29% and 2.95%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/27/2022
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Forward Air (FWRD) is an Incredible Growth Stock: 3 Reasons Why
- Forward Air (FWRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 04/26/2022
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Forward Air's stock rallies toward 5th-straight gain after raising profit, revenue outlook
- Shares of Forward Air Corp. FWRD, +1.27% jumped 1.5% in morning trading Monday, putting them on track for a fifth-straight gain, after the trucker raised its first-quarter profit and revenue outlook, citing "continued strong demand for services." The company raised its net earnings-per-share guidance range to $1.52 from $1.61 from $1.15 to $1.19, which compares with FactSet consensus of $1.21.
- 04/18/2022
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Scoop Up 3 Trucking Stocks With Dividend Hikes to Aid Portfolio
- J.B. Hunt Transport (JBHT), Old Dominion (ODFL) and Forward Air (FWRD) should be attractive picks given their dividend-paying ability.
- 04/11/2022
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4 Top Trucking Stocks to Gain From Strong Freight Demand
- Strong freight demand and higher rates favor the Zacks Transportation - Truck industry's near-term prospects. Amid this positivity, ODFL, FWRD, ARCB and USAK are poised for growth.
- 03/21/2022
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How Forward Air (FWRD) Stock Stands Out in a Strong Industry
- Forward Air (FWRD) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 03/15/2022
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21 Upcoming Dividend Increases Including One Dividend King
- All stocks have at least five fiscal years of dividend growth history and come from the U.S. Dividend Champions List. They have an average increase of 9.6% and a median increase of 6.25%. I've tracked 118 increases in 2022. There are twenty-one increases for next week, up from eighteen last week.
- 02/25/2022
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Forward Air Corp (FWRD) CEO Thomas Schmitt on Q4 2021 Results - Earnings Call Transcript
- Forward Air Corp (FWRD) CEO Thomas Schmitt on Q4 2021 Results - Earnings Call Transcript
- 02/10/2022
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Forward Air operating ahead of 2023 targets
- Forward Air closed 2021 with better-than-expected financial results. The company achieved a “double-double” — double-digit revenue growth (31%) with an adjusted operating margin in the double digits (10%).
- 02/10/2022
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Forward Air (FWRD) Tops Q4 Earnings and Revenue Estimates
- Forward Air (FWRD) delivered earnings and revenue surprises of 9.38% and 4.74%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/09/2022
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Why the Earnings Surprise Streak Could Continue for Forward Air (FWRD)
- Forward Air (FWRD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 01/28/2022
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Looking for a Growth Stock? 3 Reasons Why Forward Air (FWRD) is a Solid Choice
- Forward Air (FWRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 01/26/2022
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Forward Air Corporation Announces Timing of Fourth Quarter 2021 Earnings Release and Conference Call
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its fourth quarter 2021 earnings after the market closes on Wednesday, February 9, 2022 and hold a conference call to discuss those results on the following day, Thursday, February 10, 2022 at 9:00 a.m. EST. The Company's conference call will be available online on the Investor Relations portion of the Company's website at www.forwardaircorp.com, or by dialing (844) 867-6169, Access Code: 3231672. Since we u
- 01/17/2022
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Here's Why Forward Air (FWRD) Could be Great Choice for a Bottom Fisher
- Forward Air (FWRD) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
- 01/12/2022
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Looking for a Growth Stock? 3 Reasons Why Forward Air (FWRD) is a Solid Choice
- Forward Air (FWRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 01/10/2022
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Stephens Bumps Up Forward Air Price Target By 43%
- Stephens analyst Jack Atkins upgraded Forward Air Corp (NASDAQ:FWRD) to Overweight from Equal Weight and raised the price target to $165 from $115. Forward Air, which historically focused on the niche deferred air freight sector, expanded its addressable market to focus more on premium less-than-truckload, or LTL, freight for 2021 and culled non-palletized freight from its network, which served to increase its available capacity by about 20%, mentions Atkins.
- 01/04/2022
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Are You Looking for a Top Momentum Pick? Why Forward Air (FWRD) is a Great Choice
- Does Forward Air (FWRD) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 12/31/2021
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4 Trucking Stocks Poised to Continue Their Winning Streak in 2022
- Strong volumes, owing to improved freight market conditions, and robust pricing position trucking companies well heading into 2022.
- 12/30/2021
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3 Reasons Why Forward Air (FWRD) Is a Great Growth Stock
- Forward Air (FWRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 12/23/2021
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Forward Air announces its largest pay increase for independent contractors
- Forward Air announced Thursday its biggest pay hike for independent contractors hauling freight in the company's less-than-truckload and truckload units. Per-mile pay was raised 15 cents for independent contractor fleet partners.
- 12/16/2021
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Forward Air's freight swap pushing shipment yields up
- Forward Air announced Thursday that revenue per shipment accelerated further in November. The metric surged 61% year-over-year during the month in its expedited unit, which includes less-than-truckload, truckload and final-mile services.
- 12/09/2021
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Forward Air (FWRD) is an Incredible Growth Stock: 3 Reasons Why
- Forward Air (FWRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 12/07/2021
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Q3's strength carries into Q4, LTL carriers report
- A couple of less-than-truckload carriers reported Thursday a hot start to the fourth quarter has continued through November. In a filing with the Securities and Exchange Commission, ArcBest (NASDAQ: ARCB) announced its asset-based unit, which includes LTL operations, saw revenue per day increase 24% year-over-year in November.
- 12/02/2021
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Forward Air To Raise Rate By 7.9% From February 2022
- Forward Air Corp (NASDAQ: FWRD) notifies its customers of a general rate increase of 7.9% applicable to rates established under the existing tariffs effective February 1, 2022. The company noted selected accessorial charges and minimum charges will also be impacted.
- 12/01/2021
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Forward Air (FWRD) Just Flashed Golden Cross Signal: Do You Buy?
- Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?
- 11/10/2021
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What Makes Forward Air (FWRD) a Strong Momentum Stock: Buy Now?
- Does Forward Air (FWRD) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 11/09/2021
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Forward Air (FWRD) is an Incredible Growth Stock: 3 Reasons Why
- Forward Air (FWRD) could produce exceptional returns because of its solid growth attributes.
- 11/05/2021
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Forward Air Acquires BarOle Trucking, TKI Intermodal For Undisclosed Sum
- Forward Air Corp (NASDAQ: FWRD) has entered into two separate agreements to acquire the assets of BarOle Trucking, Inc. and the trucking-related assets of TKI Intermodal, LLC. Financial terms were not disclosed.
- 11/03/2021
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Forward Air Corporation (FWRD) CEO Tom Schmitt on Q3 2021 Results - Earnings Call Transcript
- Forward Air Corporation (FWRD) CEO Tom Schmitt on Q3 2021 Results - Earnings Call Transcript
- 10/30/2021
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Freight swap leads Forward Air to Q3 record; 2023 targets issued
- Management from Forward Air told analysts on its third-quarter earnings call Thursday that “cleansing” its customer book drove record results in the period. The Greeneville, Tennessee-based asset-light trucking and logistics company has been upgrading the freight mix to include “denser, high-value freight.
- 10/28/2021
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Forward Air (FWRD) Q3 Earnings and Revenues Top Estimates
- Forward Air (FWRD) delivered earnings and revenue surprises of 8.57% and 0.12%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 10/27/2021
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Looking for a Growth Stock? 3 Reasons Why Forward Air (FWRD) is a Solid Choice
- Forward Air (FWRD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
- 08/31/2021
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Surging Earnings Estimates Signal Upside for Forward Air (FWRD) Stock
- Forward Air (FWRD) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 08/17/2021
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New Strong Buy Stocks for August 6th
- TMST, BP, ESEA, WWW, and FWRD have been added to the Zacks Rank #1 (Strong Buy) List on August 6, 2021.
- 08/06/2021
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Forward Air Corporation (FWRD) CEO Tom Schmitt on Q2 2021 Results - Earnings Call Transcript
- Forward Air Corporation (FWRD) CEO Tom Schmitt on Q2 2021 Results - Earnings Call Transcript
- 07/31/2021
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Forward Air (FWRD) Q2 Earnings and Revenues Beat Estimates
- Forward Air (FWRD) delivered earnings and revenue surprises of 19.35% and 7.62%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 07/29/2021
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Forward Air Corporation Reports Second Quarter 2021 Results
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three and six months ended June 30, 2021 as presented in the tables below on a continuing operations basis (Pool Distribution was previously reported as a discontinued operation). Tom Schmitt, Chairman, President and CEO, commenting on second quarter results from continuing operations said, “Business momentum continued during the quarter culmi
- 07/29/2021
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Trucking Stocks Are Still Going Places
- Trucking is a rather attractive market right now.
- 07/27/2021
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3 Reasons Growth Investors Will Love Forward Air (FWRD)
- Forward Air (FWRD) could produce exceptional returns because of its solid growth attributes.
- 07/23/2021
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Forward Air Corporation Announces New LTL Service Offering in Vancouver
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced that it will expand its expedited less-than-truckload (LTL) service in Vancouver, BC. Using a local partner, Forward now offers expedited LTL service in and ou
- 07/20/2021
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Forward Named #1 Expedited Carrier By Transport Topics
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward was named top Air/Expedited Carrier by Transport Topics. The annual rankings list top companies across several transportation segments based on annual revenue. In additi
- 06/28/2021
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Forward Air Announces New Destination-Based Compensation Increase for Fleet Partners
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Forward today announced a new destination-based compensation increase for its fleet partners within its LTL and Truckload divisions. The destination-based model provides additional comp
- 06/08/2021
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Forward Air Announces New Destination-Based Compensation Increase for Fleet Partners
- GREENEVILLE, Tenn., June 8, 2021 /PRNewswire/ -- Forward Air Corporation (NASDAQ: FWRD) (the "Company" or "Forward") is executing a growth strategy that involves organic infrastructure investments such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses.
- 06/08/2021
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7 Transportation Stocks That Are Keeping the Economy Flowing
- Economists are predicting a post-pandemic boom with consumers opening their wallets, and transportation stocks will benefit. The post 7 Transportation Stocks That Are Keeping the Economy Flowing appeared first on InvestorPlace.
- 06/02/2021
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Aflac Among Today's Top Buys As Investors Overlook Disappointing Inflation Data
- The Dow Jones rose 220 points, the S&P 500 jumped 0.8%, and the Nasdaq popped 1.2%. Make the most of this market with today's top buys from Q.ai's artificial intelligence.
- 05/13/2021
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Forward Air Corporation Announces New LTL Service in Wichita, KS
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced that it will now offer expedited less-than-truckload (LTL) along with pickup and delivery (PUD) services in Wichita, KS. Forward LTL will cross-utilize space a
- 05/10/2021
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Why Forward Air's Stock Is Moving
- Forward Air Corporation (NASDAQ:FWRD) shares are trading higher by 5.4% at $93.03 after Raymond James upgraded the stock from Outperform to Strong Buy and raised its price target from $100 to $120. Forward Air is an asset-light freight and logistics company.
- 05/03/2021
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Forward Air Corporation (FWRD) CEO Thomas Schmitt on Q1 2021 Results - Earnings Call Transcript
- Forward Air Corporation (FWRD) CEO Thomas Schmitt on Q1 2021 Results - Earnings Call Transcript
- 04/30/2021
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Forward Air sees more ‘double-doubles' as company returns to form
- On a call with analysts Friday, management from Forward Air (NASDAQ: FWRD) laid out some margin targets after posting a first-quarter earnings beat and issuing guidance well ahead of expectations. Thursday after the close, the Greeneville, Tennessee-based asset-light trucking and logistics company reported net income from continuing operations of 60 cents per share, which was 3 cents ahead of consensus and 19 cents better year-over-year.
- 04/30/2021
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Forward Air advances final-mile strategy, adds 11 locations
- Forward Air (NASDAQ: FWRD) announced that it added 11 final-mile terminal locations during the first quarter of 2021. The Monday press release said of the new “Forward Final Mile” additions, eight were established in existing less-than-truckload facilities.
- 04/12/2021
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Forward Air Corporation Expands Final Mile Footprint in First Quarter
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced that 11 new Final Mile terminal locations were added in the first quarter of 2021, with 8 of the new locations leveraging existing LTL terminal infrastructure.
- 04/12/2021
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Forward Air Corporation Announces Timing of First Quarter 2021 Earnings Release and Conference Call
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its first quarter 2021 earnings after the market closes on Thursday, April 29, 2021 and hold a conference call to discuss those results on the following day, Friday, April 30, 2021 at 9:00 a.m. EDT. The Company's conference call will be available online on the Investor Relations portion of the Company's website at www.forwardaircorp.com, or by dialing (844) 867-6169, Access Code: 6464581. Because we use our
- 04/08/2021
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Forward Air Announces Largest Ever Rate Increase for Leased Capacity Providers
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Forward today announced the largest ever rate-per-mile increase to its independent contractor fleet within its LTL and Truckload divisions. Today's announcement of an eleven cent per m
- 03/26/2021
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Forward Air Releases First Environmental, Social and Governance Report
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Forward today announced the release of its first Environmental, Social and Governance (ESG) report, which provides an overview of the Company's ESG commitments. The report marks Forwar
- 03/22/2021
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Forward Air Named Surface Carrier of the Year by Airforwarders Association
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward was named Surface Carrier of the Year by the Airforwarders Association (AfA). The award was presented to Forward during the annual AfA General Membership Meeting for exc
- 03/17/2021
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Activist investor alters 5 seats on Forward Air board
- An activist investor group led by Ancora Advisors has effected change to five seats on asset-light trucking and logistics company Forward Air's (NASDAQ: FWRD) board. Forward announced Monday after the market close that it has “appointed five independent and highly qualified directors” in connection with an agreement with Ancora.
- 03/15/2021
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Ancora Comments on Forward Air's Disappointing Earnings Report and Sets Record Straight on Certain Misleading Company Disclosures
- CLEVELAND--(BUSINESS WIRE)--Ancora Holdings, Inc. (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (“Forward Air” or the “Company”) (NASDAQ:FWRD), which together with the other participants in its solicitation beneficially owns approximately 6.3% of the Company's outstanding shares, today issued an open letter to shareholders commenting on the Company's disappointing fourth quarter 2020 earnings report and addressing certain misleading state
- 02/16/2021
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CORRECTING and REPLACING Forward Air Announces Sale of Pool Distribution Business
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--First paragraph, second sentence of release dated February 12, 2021 should read: Forward today announced the sale of its Pool Distribution business to Ten Oaks Group for an estimated total consideration of $20 million, consisting of $8 million upfront cash payment and up to a $12 million earnout based on 2021 EBITDA attainment. The updated release reads: FORWARD AIR ANNOUNCES SALE OF POOL DISTRIBUTION BUSINESS Forward Air Corporation (NASDAQ: FWRD) (the “Com
- 02/15/2021
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Forward Air Announces Sale of Pool Distribution Business
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments, such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Forward today announced the sale of its Pool Distribution business to Ten Oaks Group for an estimated total consideration of $20 million, consisting of $8 million upfront cash payment
- 02/12/2021
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Forward Air doubles down amid heightened interest from activists
- Following scrutiny from an activist investor group, which includes the company's founder and former CFO, management at asset-light trucking and logistics company Forward Air (NASDAQ: FWRD) doubled down on its approach to the business during its fourth-quarter call with analysts Friday. The investor group led by Ancora Advisors issued an open letter to shareholders Wednesday, voicing discontent with the current direction of the company and announcing its decision to nominate four candidates for election to the board.
- 02/12/2021
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Forward Air Corporation (FWRD) CEO Tom Schmitt on Q4 2020 Results - Earnings Call Transcript
- Forward Air Corporation (FWRD) CEO Tom Schmitt on Q4 2020 Results - Earnings Call Transcript
- 02/12/2021
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Forward Air (FWRD) Misses Q4 Earnings and Revenue Estimates
- Forward Air (FWRD) delivered earnings and revenue surprises of -24.66% and -16.14%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/11/2021
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Forward Air Corporation Reports Fourth Quarter 2020 Results
- GREENEVILLE, Tenn--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company”, “we”, “our”, or “us”) today reported financial results for the three and twelve months ended December 31, 2020 as presented in the tables below on a continuing operations basis (Pool Distribution is being reported as a discontinued operation). Tom Schmitt, Chairman, President and CEO, commenting on fourth quarter results from continuing operations said, “Our growth strategies drove our record fourth quarte
- 02/11/2021
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Forward Air Confirms Receipt of Director Nominations from Ancora Advisors
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) (the “Company” or “Forward”) today confirmed that Ancora Advisors (“Ancora”) has submitted a nomination notice for four candidates to stand for election to the Forward Air Board of Directors (the “Board”) at the Company's 2021 Annual Meeting of Shareholders. Shareholders are not required to take any action at this time. The Company issued the following statement: Forward benefits from a strong and experienced Board that
- 02/10/2021
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Ancora Nominates Four Highly Qualified Candidates for Election to the Board of Forward Air Corporation
- CLEVELAND--(BUSINESS WIRE)--Ancora Holdings, Inc. (together with its affiliates, “Ancora” or “we”), a significant shareholder of Forward Air Corporation (“Forward Air” or the “Company”) (NASDAQ: FWRD), which together with the other participants in its solicitation beneficially owns approximately 6.3% of the Company's outstanding shares, today issued an open letter to shareholders and announced that it has nominated a slate of four highly qualified candidates – James Chadwick, Andrew C. Clarke,
- 02/10/2021
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Top Stocks To Buy Today As The Markets Hit Intraday Record Highs
- Make the most of the Dow hitting an intraday record high and the markets continuing to climb. Q.ai's deep learning algorithms have done the math to give you today's top buys.
- 02/08/2021
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3 Transportation Stocks Poised for an Earnings Beat in Q4
- Low fuel costs are likely to have cushioned the bottom-line performances of Forward Air (FWRD), Air Lease (AL) and Wabtec (WAB) in Q4 despite the continued pandemic woes.
- 02/05/2021
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To Offset Rising Operating Costs, Forward Air Announces General Rate Increase on All Shipments
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company or “Forward”) is executing a growth strategy that involves organic infrastructure investments such as its ongoing less-than-truckload (LTL) network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announces a six percent general rate increase on any shipments tendered on or after Feb. 1, 2021. Additional changes to the Company's accessorial and
- 02/01/2021
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Forward Air Corporation Announces Timing of Fourth Quarter 2020 Earnings Release and Conference Call
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ:FWRD) will release its fourth quarter 2020 earnings after the market closes on Thursday, February 11, 2021 and hold a conference call to discuss those results on the following day, Friday, February 12, 2021 at 9:00 a.m. EST. The Company's conference call will be available online on the Investor Relations portion of the Company's website at www.forwardaircorp.com, or by dialing (844) 867-6169, Access Code: 6464581. Because we u
- 01/25/2021
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$90M activist investment seeks changes at Forward Air
- A group of investors is looking to shake things up at expedited trucking company Forward Air (NASDAQ: FWRD), according to filings with the U.S. Securities and Exchange Commission. Cleveland-based Ancora Advisors has taken on an activist role alongside former Forward founder Scott Niswonger and former CFO Andy Clarke.
- 01/04/2021
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Forward Air likely hit in cyberattack, experts say
- An “IT security incident” at Tennessee-based transportation and logistics firm Forward Air Corp. (NASDAQ:FWRD) likely resulted from a cyberattack, possibly one involving ransomware, experts told FreightWaves. While the company has disclosed little publicly and did not respond to FreightWaves' questions about the incident, the incident has the hallmarks of a cyberattack: the company's nebulous acknowledgment of an “IT security incident,” emails bouncing, engagement with outside experts, and the extended outage of its website and other systems.
- 12/17/2020
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Forward Air Corporation Announces Expansion Into California's Inland Empire
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments such as its ongoing less-than-truckload (LTL) network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced that it will bring its expedited LTL service to California's Inland Empire region. Forward's new facility in Fontana, CA will support the
- 12/14/2020
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Forward Announces New Controller to Enhance Growth Platform
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments such as its ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced that Rebecca Garbrick has been hired as the Company's Controller, based in Atlanta. With more than twenty years of diverse public and private accounting experie
- 11/30/2020
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Forward Air's (FWRD) Shares March Higher, Can It Continue?
- As of late, it has definitely been a great time to be an investor in Forward Air Corporation (FWRD).
- 11/26/2020
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Forward Air adds another LTL terminal outside of airport network
- Making good on a promise to add a “handful” of traditional less-than-truckload (LTL) terminals to the network this year, Forward Air (NASDAQ: FWRD) announced Monday that it has rolled out expedited service in Bethlehem, Pennsylvania. The Greeneville, Tennessee-based company cited past success using a local partner in the area as a reason for selecting the site to expand its LTL footprint outside of its historical airport-to-airport network.
- 11/23/2020
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Forward Air Corporation Announces Expanded LTL Service Offering in Bethlehem, PA
- GREENEVILLE, Tenn.--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) (the “Company” or “Forward”) is executing a growth strategy that involves organic infrastructure investments such as the ongoing LTL network expansion, as well as inorganic investments, including acquisitions of complementary businesses. Today, Forward announced that it will expand its expedited less-than-truckload (LTL) service in Bethlehem, Pa. Forward selected Bethlehem based on prior success with its LTL business us
- 11/23/2020
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Forward Air Corporation's (FWRD) CEO Thomas Schmitt on Q3 2020 Results - Earnings Call Transcript
- Forward Air Corporation's (FWRD) CEO Thomas Schmitt on Q3 2020 Results - Earnings Call Transcript
- 10/30/2020
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5 Transportation Companies With High Profitability
- In light of growth in September durable goods orders topping consensus expectations, especially in transportation equipment, five transportation companies with high profitability and are trading below their GF Value are Grupo Aeroportuario del Sureste SAB de CV (NYSE:ASR), Forward Air Corp. (NASDAQ:FWRD), Guangshen Railway Co. Ltd. (NYSE:GSH), Heartland Express Inc. (NASDAQ:HTLD) and Grupo Aeroportuario del Pacifico SAB de CV (NYSE:PAC) according to the All-in-One Screener, a GuruFocus Premium feature.
- 10/27/2020
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J.B. Hunt Transport Services, Inc. (JBHT) CEO John Roberts on Q3 2020 Results - Earnings Call Transcript
- J.B. Hunt Transport Services, Inc.
- 10/16/2020
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Tributary Capital Management LLC Acquires Shares of 1,015 Pool Co. (NASDAQ:POOL)
- Tributary Capital Management LLC acquired a new stake in Pool Co. (NASDAQ:POOL) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,015 shares of the specialty retailer’s stock, valued at approximately $340,000. A number of other large investors also recently added to […]
- 10/15/2020
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Carl Marks Advisors Guides Family-Owned Jet Line Products To Successful Sale
- Carl Marks Advisors, a leading investment bank providing financial advisory services to middle market companies, today announced that it advised Jet L
- 10/14/2020
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Pool Co. (NASDAQ:POOL) Shares Sold by First Hawaiian Bank
- First Hawaiian Bank lessened its stake in Pool Co. (NASDAQ:POOL) by 9.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,207 shares of the specialty retailer’s stock after selling 227 shares during the quarter. First Hawaiian Bank’s holdings in Pool were […]
- 10/09/2020
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Mitsubishi UFJ Trust & Banking Corp Sells 300 Shares of Pool Co. (NASDAQ:POOL)
- Mitsubishi UFJ Trust & Banking Corp trimmed its position in shares of Pool Co. (NASDAQ:POOL) by 13.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,965 shares of the specialty retailer’s stock after selling 300 shares during the quarter. Mitsubishi UFJ Trust & […]
- 09/28/2020
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Pool sales heat up as people seek a backyard escape amid pandemic
- With Covid-19 limiting our recreational options, US businesses are reporting a boom in sales and rentals
- 08/23/2020
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CBDs: are they the elusive hangover-free drinks?
- Cannabidiols (CBDs), the non-psychoactive element of cannabis, are legal and widely sold in drinks. Do they work, could they replace alcohol – and are they even drinkable? We test five candidates ...
- 08/21/2020
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Did Hedge Funds Make The Right Call On Forward Air Corporation (FWRD) ?
- At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
- 08/11/2020
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TAE Life Sciences to Present at Solebury Trout Summer 2020 Private Company Showcase
- TAE Life Sciences today announced that Bruce Bauer, CEO, will present a corporate overview at the Solebury Trout Summer 2020 Private Company Showcase.
- 08/06/2020
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Forward Air Corp (FWRD) Q2 2020 Earnings Call Transcript
- Thank you for joining Forward Air Corporation's Second Quarter 2020 Earnings Release Conference Call. Before we begin, I'd like to point out that both the press release and webcast presentation for this call are accessible on the Investor Relations section of Forward Air's website at www.forwardaircorp.com. With us this morning are CEO, Tom Schmitt; and CFO, Mike Morris.
- 07/31/2020
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Forward Air Corporation (FWRD) CEO Tom Schmitt on Q2 2020 Results - Earnings Call Transcript
- Forward Air Corporation (NASDAQ:FWRD) Q2 2020 Earnings Conference Call July 31, 2020 09:00 AM ET Company Participants Tom Schmitt - Chief Executive Officer Mike Morris - Chief Financial Officer Conference Call Participants Jack Atkins - Stephens Zachary Haggerty - KeyBanc Capital Markets Ben Hartford - Baird Scott Group - Wolfe Research Jizong Chan - Stifel Nicolaus Presentation Operator Thank you for joining Forward Air Corporation's Second Quarter 2020 Earnings Release Conference Call.
- 07/31/2020
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Forward Air To Expand Pursuit Of Traditional Less-Than-Truckload Market
- Forward Air Corporation (NASDAQ: FWRD) will continue to pursue the less-than-truckload (LTL) market more heavily now that the worst of the pandemic-related freight declines appear to be in the rearview mirror. On its second-quarter earnings call with analysts on Friday, Chairman, President and CEO Tom Schmitt said he sees "more Savannahs to come," referring to the company's recent expansion outside of its normal airport-to-airport transportation network.On July 13, the Greeneville, Tennessee-based trucking company announced it would offer its first traditional LTL service. Forward has historically specialized in the movement of airfreight by ground through scheduled and expedited LTL service for airlines and cargo carriers as well as freight forwarders. The company runs linehaul service from its terminals that are located in or around major airports.After the Thursday trading session, the company reported earnings per share (EPS) from continuing operations of 33 cents, 2 cents per share higher than Seeking Alpha's consensus estimate. The company generated EPS of 74 cents in the second quarter of 2019.Schmitt said the company is seeking the "sweet spot" in the $40 billion LTL industry, which he believes is larger than the $700 million share it hauls now. High-velocity, tight time frames along with a minimal freight claims ratio is the service offering the company wants to grow. The expansion is a way to leverage the current investment Forward has made in its network and also a way to supplement lost freight from airlines, cruise lines trade shows and concerts.Asked how many LTL terminals could be added, Schmitt said "a handful would be good for this year."Earlier this week, Forward announced it was expanding capacity by approximately 30% at its central LTL hub in Columbus, Ohio. The expansion will add 35 doors, increase yard space and house a driver recruitment center. Some of the company's existing facilities in the area, including its truckload (TL) brokerage operations, are expected to be consolidated onto the new campus. The total project price tag is $30 million to $40 million, with a completion date of late 2022.In addition to IT investments and efficiency initiatives, the company has added to the roster to see through its organic and inorganic growth plans. Forward recently brought back its IT senior operations leader and recently announced the hiring of Scott Schara as its chief commercial officer effective Aug. 31. Schara held the same position with Coyote Logistics since June 2019 after joining the company in 2010.During the second quarter, LTL tonnage declines continued to diminish, inflecting positively in July. April tonnage was down 26% year-over-year, with May tonnage declining 13%. In June, tonnage was down 9% but the company reported year-over-year improvement in revenue and net income. Management said July tonnage is up 1.5% year-over-year but cautioned the company remains in the recovery phase as airport-to-airport tonnage keeps building.Guidance The company reinstated quarterly guidance. Third-quarter revenue is forecast to increase 1% to 5% year-over-year with EPS from continuing operations between 40 and 44 cents. The EPS outlook is bracketed by a wide range of third-quarter consensus estimates ranging from 35 to 51 cents.The outlook for revenue growth is largely tied to recent acquisitions, which are providing a favorable year-over-year comparison. Asked why margins implied by the EPS guidance weren't stronger, management pointed to rising purchased transportation costs as tonnage increases and the potential for driver pay increases if the market continues to tighten. A less favorable freight mix was also cited as a reason.Divesting pool distributionIn April, the company decided to divest its pool distribution segment due to the capital-intensive nature of the business. The unit runs high-frequency, time-sensitive shipments to several locations within a region for large, national retailers and distributors.View more earnings on FWRDPool distribution's results are now reported under discontinued operations, with its assets and liabilities listed as "held-for-sale" on the balance sheet. Forward's discontinued operations reported a $6.1 million, or 22-cent-per-share, net loss in the second quarter. The segment is expected to see a small operating profit by September.Second-quarter resultsTotal revenue declined 7% year-over-year to $281.7 million, with a 52.1% decline in operating income. The 33-cent EPS number included nonrecurring items. The period included a $2.1 million fair value gain on an earn-out, which was partially offset by $1 million in severance expense and $700,000 in credit risk reserves on accounts of customers "negatively impacted by COVID-19."Forward's key performance indicatorsExpedited freight revenue was off 7% year-over-year at $235.7 million. Tonnage declined 16.7%, with revenue per hundredweight excluding fuel, or yield, increasing 0.8%.Final-mile revenue more than doubled year-over-year to $53.4 million due to recent acquisitions: FSA Logistix in March and Linn Star Holdings at the end of 2019.The company generated free cash flow (FCF) of $17.8 million, $3.4 million higher year-over-year. Forward ended the quarter with $80.9 million in cash and the company plans to relax its cash position, with debt leverage declining to 0.8x by year end from 1.1x currently. Management expects to remain FCF positive in both the third and fourth quarters of 2020 and said the company will resume share repurchases.On M&A, management said they continue to "remove ceilings" and are taking a "no-wait" approach to their organic and inorganic initiatives. Forward completed three acquisitions last year and management said more deals are to come in 2020.Shares of FWRD are down 2% in midday trading compared to the S&P 500, which is flat.Click for more FreightWaves articles by Todd Maiden. * Intermodal growth here to stay, says Hub Group * Schneider eyes deployment of growing cash balance * Werner model stands up during downturn * Cost control leads ArcBest Q2 beat; July trends improve * Roadrunner breakup; refocus moves forwardSee more from Benzinga * Forward Air To Offer Traditional Less-Than-Truckload Service(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/31/2020
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Forward Air To Expand Pursuit Of Traditional Less-Than-Truckload Market
- Forward Air Corporation (NASDAQ: FWRD) will continue to pursue the less-than-truckload (LTL) market more heavily now that the worst of the pandemic-related freight declines appear...
- 07/31/2020
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Forward Air (FWRD) Q2 Earnings and Revenues Top Estimates
- Forward Air (FWRD) delivered earnings and revenue surprises of 73.68% and 1.70%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 07/30/2020
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Forward Air Corporation Reports Second Quarter 2020 Results
- Forward Air Corporation (NASDAQ:FWRD) today reported financial results for the three and six months ended June 30, 2020 as presented in the tables below on a continuing operations basis (Pool Distribution is being reported as a discontinued operation).
- 07/30/2020
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Forward Announces New Chief Commercial Officer to Drive Strategic Growth
- Forward Air Corporation (NASDAQ: FWRD) (the "Company or "Forward") is executing a growth strategy that involves organic infrastructure investments as well as acquisitions of complementary businesses. To help bridge near-term recovery efforts and long-term growth, the Company is making investments in its commercial strategy.
- 07/27/2020
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Forward Air Grows Columbus Hub With $40 Million Real Estate and Facilities Development
- Forward Air to Expand Operations in Columbus, OH
- 07/27/2020
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Earnings Preview: Forward Air (FWRD) Q2 Earnings Expected to Decline
- Forward Air (FWRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/23/2020
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At US$49.16, Is It Time To Put Forward Air Corporation (NASDAQ:FWRD) On Your Watch List?
- While Forward Air Corporation (NASDAQ:FWRD) might not be the most widely known stock at the moment, it saw a...
- 07/21/2020
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Forward Air Corporation Announces Timing of Second Quarter 2020 Earnings Release and Conference Call
- Forward Air Corporation (NASDAQ:FWRD) will release its second quarter 2020 earnings after the market closes on Thursday, July 30, 2020 and hold a conference call to discuss those results on the following day, Friday, July 31, 2020 at 9:00 a.m. EDT. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at www.forwardaircorp.com, where investors can easily find or navigate to pertinent information about us, or by dialing (844) 767-5679, Access Code: 147112. A replay of the conference call will be available on the Investor Relations portion of the Company’s website at www.forwardaircorp.com beginning shortly after completion of the live call.
- 07/17/2020
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Analysts Estimate Forward Air (FWRD) to Report a Decline in Earnings: What to Look Out for
- Forward Air (FWRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/16/2020
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J.B. Hunt Handily Beats 2Q Expectations
- J.B. Hunt Transport Services' (NASDAQ: JBHT) first quarter was much better than feared. The company reported earnings per share of $1.14, 9 cents per share lower than the year-ago...
- 07/16/2020
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The Daily Dash: HOS Changes Could Be Delayed; Improving Drivers' Mental Health
- The Daily Dash is a quick look at what is happening today in the freight ecosystem. In today's edition, the Federal Motor Carrier Safety Administration said it is considering a petition to delay the hours-of-service changes, Workhorse gets the OK to sell electric vans in all 50 states, Forward Air branches out and drivers get tips to improve their mental health.HOS ChangesThe flexibility afforded truck drivers with the upcoming hours-of-service changes may be short-lived if they live at all. The Federal Motor Carrier Safety Administration said on Monday that it is considering a petition from safety groups that would, at a minimum, delay the changes that would alter the 30-minute break requirement and modify the sleeper-berth exception.John Gallagher has the late-breaking details: FMCSA looking into a petition to delay HOS rule changesLTL Path To GrowthForward Air, known for its airport services, has decided to launch a traditional less-than-truckload service. The service will initially operate out of Savannah, Georgia, but could expand based on its success, and will initially leverage its vast final-mile services.Todd Maiden has more on the growth potential: Forward Air to offer traditional less-than-truckload serviceVans In-PlayWorkhorse Group has been given the approval to sell its electric delivery vans in all 50 states following a California ruling that will allow sales to move forward. The problem is the company doesn't yet have vans to sell. UPS and DHL have vans on order and the company is building just a couple of trucks a day at the moment, but the desk is now cleared once production ramps up.Alan Adler has more details: Workhorse gets jolt for zero-emissions electric vansMental Health, TruckingTruck drivers are at risk for a variety of health conditions, including mental health issues. Long periods of solitude, irregular shifts, and high-stress levels are contributing factors. Preserving mental health is as important as exercising and eating right.Lorie Dodson writes about the five things drivers can do to improve their mental health: Five ways to help drivers maintain mental healthStories We Think You'll Like:Texas frac sand supplier Hi-Crush files for bankruptcyTodd Davis: Listening and delivering value key to growing benchmarking programs at FreightWaves, TCA Profitability ProgramIn case involving human trafficking charges by Mexican truck driver, insurance company Landmark won't be defendingTruckers assist Utah Highway Patrol in dramatic videoDid You Miss This? * Daimler Trucks announced it is recalling approximately 183,000 Freightliner Cascadia tractors due to a potential anti-lock braking component failure. The company stressed that it does not affect normal braking operation but could cause the truck to pull to one side under certain conditions. * Alan Adler has more on this significant truck safety issue: Daimler Trucks recalling nearly 183,000 Freightliner CascadiasClick for more FreightWaves articles by Brian Straight.You may also like: Nuclear verdict prevention: Is there any hope for fleets?Plaintiffs' attorneys: ATRI nuclear verdict report needs a reality checkSee more from Benzinga * COVID-19 Has Managed To Wreck The Delivery Economy * In Rivian, Amazon May Have 'Bespoke Automobile' At Its Service * Daily Infographic: COVID-19 Port Detentions(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/14/2020
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Forward Air To Offer Traditional Less-Than-Truckload Service
- Forward Air Corporation (NASDAQ: FWRD), recently rebranded Forward, announced that it will now offer a traditional less-than-truckload (LTL) service.The Greeneville, Tennessee-based trucking company said that Forward LTL will provide LTL service, operating out of the company's final mile facility in Savannah, Georgia. The company will assess the need for a separate LTL facility based on the success of the launch.Forward has historically specialized in the movement of airfreight by ground through scheduled and expedited LTL service for airlines and cargo carriers as well as freight forwarders. The company runs a linehaul service from its terminals that are located in or around major airports.This will be the company's first LTL offering outside of its normal airport network."This is an exciting time at Forward as we continue to flex our muscles. Savannah marks the first time that we have expanded our LTL network beyond our current airport-to-airport footprint," said Chairman, President and CEO Tom Schmitt. "We are also leveraging our Final Mile network to greatly reduce the level of investment required for this LTL expansion. Savannah is a great example of the synergies within our networks that offer opportunities for growth."Forward has been growing into a full supply chain solutions provider through organic initiatives and acquisitions. In 2014, the company acquired Central States Trucking. The $96 million deal provided a presence in the container and intermodal drayage market. In 2015, Forward acquired competitor Towne Air Freight for $125 million, giving it a final mile platform for home delivery of appliances and furniture. In 2019, Forward expanded its final mile operations with two all-cash acquisitions: the $27 million acquisition of FSA Logistix in March; and the $57 million purchase of Linn Star Holdings.From the press release, "With the addition of LTL, the company brings a full assortment of services to the Savannah market, including export pickup, import delivery, intermodal drayage, flatbed services and final mile delivery to bring products directly to customers' homes."Shares of FWRD are flat in early trading.See more from Benzinga * Career Tracks: Supply Chain Professor Nets CSCMP Award * Todd Davis: Listening And Delivering Value Key To Growing Benchmarking Programs At FreightWaves, TCA Profitability Program * Stormy Week Ahead From Plains To Midwest (With Forecast Video)(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 07/13/2020
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Forward Air Corporation Announces New LTL Service in Savannah, Georgia
- Forward Air Corporation (NASDAQ: FWRD) (the "Company or "Forward") is executing a growth strategy that involves organic infrastructure investments as well as acquisitions of complementary businesses. Today Forward announced an organic growth initiative and it will now offer less-than-truckload (LTL) service in Savannah, Georgia.
- 07/13/2020
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Forward Air Corporation Announces New LTL Service in Savannah, Georgia
- Forward Air Corporation (NASDAQ: FWRD) (the “Company or “Forward”) is executing a growth strategy that involves organic infrastructure investments as
- 07/13/2020
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Stocks To Watch: Bank Earnings And SPAC Deals Blaze In
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning.
- 07/11/2020
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5 Undervalued Stocks With Predictable Business
- GATX makes the list Continue reading...
- 07/08/2020
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Blackbaud, Forward Air, Chipotle, Dominion and Berkshire Hathaway highlighted as Zacks Bull and Bear of the Day
- Blackbaud, Forward Air, Chipotle, Dominion and Berkshire Hathaway highlighted as Zacks Bull and Bear of the Day
- 07/07/2020
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Bear Of The Day: Forward Air Corp (FWRD)
- Bear Of The Day: Forward Air Corp (FWRD)
- 07/07/2020
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Total Luxury Spa Is Healing Its Community Through Streetwear
- Los Angeles-based streetwear brand Total Luxury Spa knows that culture starts with community. And they're not only contributing to the culture, but giving back to it as well.
- 07/06/2020
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Firefox 78 is out – with a mysteriously empty list of security fixes
- TLS 1.0 and TLS 1.1 are now considered security risks and blocked by default.
- 07/01/2020
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Candice Carty-Williams named first black female Book of the Year winner for Queenie
- Bernardine Evaristo and Oyinkan Braithwaite also win in breakthrough year for black British female authors, writes Adam Sherwin
- 06/29/2020
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Close the Screen!
- Commentary Prediction: next year, standardized test scores in reading will drop significantly from last year. Scores from 2019 ...
- 06/29/2020
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Cisco : Post-Quantum TLS 1.3 and SSH Performance (preliminary results) | MarketScreener
|
Monday’s TSX breakouts: A rising dividend stock displaying a bullish ‘golden cross’
- This industrial company is well-liked by analysts on the Street
- 06/29/2020
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Apple’s Safari's SSL/TLS Certificate Validity Now Limited to One Year
- Starting September 1, Safari will no longer trust SSL/TLS certificates with validity periods longer than 398 days.
- 06/29/2020
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Diversity in poetry on the rise – but 'resistance to inclusivity' remains
- UK report finds magazines and newspapers now featuring twice as many poets and critics of colour as in 2009
- 06/25/2020
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Secure Collaborative XGBoost on Encrypted Data
- A library for multi-party training and inference of XGBoost models using secure enclaves
- 06/24/2020
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Hedge Funds Are Selling Forward Air Corporation (FWRD)
- Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
- 06/24/2020
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United States wants HTTPS for all government sites, all the time
- Making .GOV domains secure – it’ll take “a few years” yet
- 06/23/2020
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BNP Paribas Arbitrage SA Boosts Stock Position in Forward Air Co. (NASDAQ:FWRD)
- BNP Paribas Arbitrage SA grew its position in shares of Forward Air Co. (NASDAQ:FWRD) by 194.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,666 shares of the transportation company’s stock after buying an additional 15,635 shares during the period. BNP Paribas Arbitrage […]
- 06/14/2020
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BASIS ID Disrupts the KYC & AML Data Management - Fintech Singapore
- BASIS ID KYC & AML Data Management. KYC (Know Your Customer) is an integral part of fighting Money Laundering and Terrorist Financing. It has become one of the necessities for every organization in the financial sector.
- 06/11/2020
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Forward Air Co. (NASDAQ:FWRD) Stock Position Lowered by Victory Capital Management Inc.
- Victory Capital Management Inc. lowered its position in shares of Forward Air Co. (NASDAQ:FWRD) by 25.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,011,377 shares of the transportation company’s stock after selling 347,414 shares during the quarter. Victory Capital Management Inc. owned […]
- 06/10/2020
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Forward Air Co. (NASDAQ:FWRD) Given Average Rating of “Sell” by Analysts
- Shares of Forward Air Co. (NASDAQ:FWRD) have received a consensus rating of “Sell” from the six brokerages that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation and one has issued a hold recommendation on the company. The average 1-year price target among brokerages that have […]
- 06/10/2020
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Running Oak Capital LLC Buys Kadant Inc, Maximus Inc, Primerica Inc, Sells Aon PLC, Booking ...
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Mitigating Digital Identity Risk: Best Practices for TLS Certificate Management | | IT Business Net
- By Sami Van Vliet An ever-increasing number of connected devices and this year's rapid move to remote working has led to a news stream emphasizing the importance of managing and protecting digita
- 05/28/2020
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A Look At The Intrinsic Value Of Forward Air Corporation (NASDAQ:FWRD)
- Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Forward Air...
- 05/27/2020
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3 reasons the Telstra dividend is sustainable for the foreseeable future
- Is the Telstra Corporation Ltd (ASX:TLS) dividend sustainable at 16 cents per share? One broker believes it is...
- 05/22/2020
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Venafi to Acquire Jetstack to Accelerate and Secure Digital Transformation
- Press Release Venafi®, the inventor and leading provider of machine identity protection, today announced a definitive agreement to acquire Jetstack, a global leader in open source machine identity protection software for Kubernetes and cloud native ecosystems. This...
- 05/14/2020
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Venafi to Acquire Jetstack to Accelerate and Secure Digital Transformation
- This acquisition is an industry first that will transform the way modern applications required by digital transformation are secured.
- 05/14/2020
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August Wi-Fi Smart Lock Review: Simple, Serious Security | Digital Trends
- If installing a smart lock intimidates you, then the August Wi-Fi Smart Lock is a good choice. It's incredibly easy to install, but doesn't skimp on features.
- 05/12/2020
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It’s Hard to Be a Liberal
- Commentary Eighty years ago, French philosopher Jean-Paul Sartre identified a particular human behavior that undermined the personal freedom ...
- 05/12/2020
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YRC Worldwide Inc. (YRCW) CEO Darren Hawkins on Q1 2020 Results - Earnings Call Transcript
- YRC Worldwide Inc. (NASDAQ:YRCW) Q1 2020 Results Conference Call Mau 11, 2020 05:00 PM ET Company Participants Eric Berg - VP, IR Darren Hawkins - CEO Jamie Pie
- 05/12/2020
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Forward Air Corporation (NASDAQ:FWRD) Analysts Just Slashed This Year's Estimates
- The analysts covering Forward Air Corporation (NASDAQ:FWRD) delivered a dose of negativity to shareholders today, by...
- 05/07/2020
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The Londoner: Martha Lane Fox: This is a test run for future outbreaks
- Martha Lane Fox says the Government should get its coronavirus app right because “we’re going to need these things again … this is like the test run for something I believe that’s going to continue to happen”. Lane Fox, a crossbench peer and doyenne of the tech world who founded lastminute.com in the Nineties, echoed concerns of experts who believe the current app, designed for a track-and-trace system, may be unsuccessful.
- 05/06/2020
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Thomson Horstmann & Bryant Inc Buys Onto Innovation Inc, Cardlytics Inc, Ambarella Inc, ...
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U.S. RESEARCH ROUNDUP-Berkshire Hathaway, DHT Holdings, Novo Nordisk
- Wall Street securities analysts revised their ratings and price targets on several
U.S.-listed companies, including Berkshire Hathaway, DHT Holdings and Novo Nordisk, on Monday.
HIGHLIGHTS
* Berkshire Hathaway Inc : KBW raises target price to $325,000 from $310,000
* CyrusOne Inc : Jefferies raises to buy from hold
* DHT Holdings Inc : Evercore ISI cuts to in line from outperform
* Frontline Ltd : Evercore ISI cuts to in line from outperform
* Novo Nordisk : Cowen and Company initiates with market perform, $72 target price
Following is a summary of research actions on U.S. companies reported by Reuters on Monday. Stock entries are in
alphabetical order.
* 2U Inc : Barrington Research raises price target to $30 from $25
* Abbvie Inc : Mizuho raises target price to $101 from $100
* Abbvie Inc : RBC raises price target to $98 from $93
* Abbvie Inc : SVB Leerink raises target price to $107 from $103
* Activision Blizzard Inc : Credit Suisse raises target price to $79 from $69
* Allegiance Bancshares Inc : KBW raises target price to $32 from $31
* Allscripts Healthcare Solutions Inc : Cowen and Company cuts PT to $8 from $15
* Alteryx Inc : Rosenblatt Securities cuts price target to $115 from $145
* Amarin Corporation Plc : SVB Leerink raises target price to $9 from $7
* Amazon.Com Inc : Independent Research raises PT to $2900 from $2400; rating buy
* American Airlines : Citigroup cuts price target to $9 from $10
* American Tower Corp : Citigroup cuts price target to $266 from $280
* American Tower Corp : RBC raises target price to $261 from $240
* Angi Homeservices Inc : SunTrust Robinson cuts target price to $10 from $14
* Antero Midstream Corp : Citigroup cuts to neutral from buy; cuts PT to $4 from $7
* Apollo Global Management Inc : BMO raises target price to $43 from $39
* Apollo Global Management Inc : Citigroup cuts price target to $55 from $61
* Apollo Global Management Inc : Credit Suisse cuts target price to $44 from $45
* Apollo Global Management Inc : Evercore ISI raises target price to $43 from $41
* Apollo Global Management Inc : Jefferies raises target price to $45 from $44
* Apollo Global Management Inc : KBW cuts target price to $47 from $49
* Apollo Investment Corp : SunTrust Robinson cuts target price to $12 from $19
* Ardmore Shipping Corp : Evercore ISI cuts target price to $10 from $11
* Ares Capital Corp : SunTrust Robinson cuts target price to $15 from $20
* Arthur J Gallagher & Co : KBW cuts target price to $97 from $100
* Asgn Inc : BMO raises target price to $66 from $51
* Avadel Pharmaceuticals Plc : Piper Sandler raises target price to $18 from $14
* Bain Capital Specialty Finance Inc : Credit Suisse cuts PT to $15.50 from $20.50
* Balchem Corp : H.C. Wainwright cuts price target to $104 from $116
* Bank of America Corp : UBS raises price target to $21 from $20
* Bank of N.T. Butterfield & Son Ltd : KBW raises target price to $28 from $24
* Bank of N.T. Butterfield & Son Ltd : Raymond James raises PT to $24 from $20
* Bank7 Corp : Piper Sandler raises target price to $12 from $11
* Barings BDC Inc : Compass Point raises to buy from neutral
* Barings BDC Inc : KBW cuts target price to $8 from $8.5
* Bcb Bancorp Inc : D.A. Davidson cuts target price to $10 from $11
* Berkshire Hathaway Inc : KBW raises target price to $325,000 from $310,000
* Berkshire Hathaway Inc : UBS cuts target price to $350000 from $358000
* Berry Global Group Inc : Citigroup raises price target to $47 from $42
* Beyond Meat Inc : Jefferies raises target price to $83 from $72
* Big Lots Inc : Talsey Advisory Group raises to outperform from market perform
* Big Lots Inc : Telsey Advisory Group raises price target to $31 from $20
* Biomarin Pharmaceutical Inc : Wedbush cuts target price to $145 from $164
* Black Diamond Therapeutics Inc : HC Wainwright initiates at rating buy and $53 PT
* Bloomin' Brands Inc : MKM Partners raises target price to $13 from $11
* Booking Holdings Inc : Credit Suisse cuts target price to $1,790 from $1,870
* Brigham Minerals Inc : SunTrust Robinson cuts target price to $16 from $19
* Brookline Bancorp Inc : KBW cuts target price to $11 from $12
* Brooks Automation Inc : Stephens raises target price to $40 from $37
* Brunswick Corp : BMO raises target price to $37 from $34
* Brunswick Corp : Keybanc raises target price to $52 from $47
* Builders Firstsource Inc : Barclays raises target price to $19 from $16
* Builders Firstsource Inc : Benchmark cuts target price to $22 from $32
* Builders Firstsource Inc : BTIG cuts target price to $23 from $31
* Builders Firstsource Inc : D.A. Davidson raises target price to $22 from $20
* Builders Firstsource Inc : Evercore ISI raises target price to $21 from $15
* Builders Firstsource Inc : RBC raises target price to $20 from $15
* Builders Firstsource Inc : Stifel raises price target to $21 from $18
* Builders Firstsource Inc : SunTrust Robinson raises target price to $20 from $17
* Builders Firstsource Inc : Wedbush raises target price to $23 from $19
* Cabot Oil & Gas Corp : Piper Sandler cuts target price to $21 from $22
* Cabot Oil & Gas Corp : Susquehanna raises target price to $24 from $23
* Caci International Inc : JP Morgan raises target price to $270 from $220
* Callon Petroleum Co : Tudor Pickering Holt cuts to sell from hold
* Camping World Holdings Inc : Jefferies cuts target price to $8 from $12
* Carlyle Group Inc : Citigroup cuts price target to $33 from $34
* Carter Bank and Trust : Raymond James cuts target price to $10 from $13
* Carter'S Inc : Monness Crespi Hardt cuts target price to $100 from $115
* Charter Communications Inc : Cowen and Company raises PT to $597 from $593
* Charter Communications Inc : JP Morgan raises target price to $575 from $550
* Charter Communications Inc : Keybanc raises target price to $604 from $576
* Charter Communications Inc : Rosenblatt Securities raises PT to $620 from $600
* Charter Communications Inc : TD Securities raises price target to $560 from $515
* Cheniere Energy Inc : Scotiabank raises target price to $68 from $67
* Cheniere Energy Partners LP : Scotiabank raises target price to $33 from $32
* Chevron Corp : Citigroup raises price target to $85 from $65
* Chevron Corp : Cowen and Company raises target price to $90 from $88
* Chevron Corp : Credit Suisse raises target price to $100 from $81
* Chevron Corp : Jefferies raises target price to $100 from $90
* Chevron Corp : JP Morgan raises target price to $103 from $97
* Choice Hotels International Inc : UBS cuts price target to $89 from $100
* Choice Hotels International Inc : UBS raises to buy from neutral
* Cigna Corp : Bernstein cuts to market-perform from outperform
* Cigna Corp : Raymond James raises target price to $240 from $210
* Citigroup Inc : UBS raises price target to $64 from $50
* Citizens Financial Group Inc : UBS raises price target to $26 from $18
* Citizens Financial Group Inc : UBS raises to buy from neutral
* Clorox Co : Citigroup raises price target to $206 from $182
* Clorox Co : Credit Suisse raises target price to $180 from $172
* Clorox Co : UBS raises price target to $168 from $155
* CNX Midstream Partners LP : Citigroup cuts price target to $8 from $17
* CNX Midstream Partners LP : Citigroup cuts to neutral from buy
* Coastal Financial Corp (Everett) : KBW raises target price to $16 from $15
* Cognex Corp : Berenberg raises target price to $60 from $52
* Cognizant Technology Solutions Corp : BMO cuts to market perform from outperform
* Cognizant Technology Solutions Corp : BMO raises target price to $59 from $58
* Colgate-Palmolive Co : Citigroup cuts price target to $75 from $78
* Colgate-Palmolive Co : Stifel raises price target to $75 from $72
* Columbia Banking System Inc : KBW cuts target price to $34 from $37
* Community Bankers Trust Corp : Stephens cuts target price to $7.50 from $9
* Community Health Systems Inc : Oppenheimer cuts target price to $7 from $8
* Concho Resources Inc : MKM Partners cuts price target by $5 to $75
* Concho Resources Inc : Simmons Energy raises target price to $59 from $54
* Concho Resources Inc : TD Securities raises price target to $53 from $49
* Conocophillips : MKM Partners raises target price by $1 to $58
* Consolidated Communications Holdings Inc : Citigroup raises PT to $6 from $5
* Consolidated Communications Holdings Inc : Guggenheim raises PT to $4 from $3.
- 05/04/2020
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Baird Maintains Outperformer on Forward Air, Lowers Price Target to $54
|
Data protection laws are great. Shame they are not being enforced | John Naughton
- A shortage of technical experts in EU enforcement authorities means companies can carry on invading our privacy
- 05/02/2020
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Forward Air Corporation (FWRD) CEO Thomas Schmitt on Q1 2020 Results - Earnings Call Transcript
- Forward Air Corporation (NASDAQ:FWRD) Q1 2020 Earnings Conference Call May 01, 2020, 09:00 AM ET Company Participants Thomas Schmitt - CEO Michael Morris - CFO
- 05/02/2020
|
Edited Transcript of FWRD earnings conference call or presentation 1-May-20 1:00pm GMT
- Q1 2020 Forward Air Corp Earnings Call
- 05/01/2020
|
Forward Air Corp (FWRD) Q1 2020 Earnings Call Transcript
- FWRD earnings call for the period ending March 31, 2020.
- 05/01/2020
|
Forward Air (NASDAQ:FWRD) Lifted to "Sell" at BidaskClub
- Forward Air (NASDAQ:FWRD) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a note issued to investors on Friday, BidAskClub reports. Other analysts have also recently issued reports about the company. Wolfe Research cut Forward Air from a “market perform” rating to an “underperform” rating in […]
- 05/01/2020
|
Forward Air (FWRD) Misses Q1 Earnings Estimates
- Forward Air (FWRD) delivered earnings and revenue surprises of -26.83% and 0.35%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 04/30/2020
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Forward Air (FWRD) Misses Q1 Earnings Estimates
- Forward Air (FWRD) delivered earnings and revenue surprises of -26.83% and 0.35%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
- 04/30/2020
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Forward Air: 1Q Earnings Snapshot
- GREENEVILLE, Tenn. (AP) _ Forward Air Corp. (FWRD) on Thursday reported first-quarter net income of $8.4 million.
On a per-share basis, the Greeneville, Tennessee-based company said it had profit of 30 cents.
The results did not meet Wall Street expe
- 04/30/2020
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Forward Air Q1 EPS $0.300 Misses $0.410 Estimate, Sales $342.500M Miss $344.240M Estimate
|
Forward Air Corporation Reports First Quarter 2020 Results
- Forward Air Corporation (NASDAQ:FWRD) today reported financial results for the three months ended March 31, 2020.
- 04/30/2020
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Forward Air (FWRD) Misses Q1 Earnings Estimates
|
Notable earnings after Thursday's close
- AAPL, AEM, AJG, ALEX, AMGN, AMZN, ASGN, ATR, ATUS, BAND, BL, BLDR, BRKS, CDNA, CLGX, COG, COLM, CRY, CUZ, CXO, CXP, EBS, EGP, EIX, EMN, EXPO, FBHS, FHI, FMBI, FND, FTAI, FTV, FWRD, GILD, GLPI, HP, HTH
- 04/29/2020
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Forward Air Corporation Announces Moving to a Virtual Meeting for 2020 Annual Meeting of Shareholders
- Forward Air Corporation (NASDAQ: FWRD) (the "Company") provided notice today of an update to the location of the Company’s 2020 Annual Meeting of Shareholders.
- 04/29/2020
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Before You Buy Forward Air Corporation (NASDAQ:FWRD), Consider Its Volatility
- If you own shares in Forward Air Corporation (NASDAQ:FWRD) then it's worth thinking about how it contributes to the...
- 04/28/2020
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Forward Air (FWRD) to Release Quarterly Earnings on Thursday
- Forward Air (NASDAQ:FWRD) is scheduled to issue its quarterly earnings data after the market closes on Thursday, April 30th. Analysts expect the company to announce earnings of $0.53 per share for the quarter. Forward Air has set its Q1 2020 After-Hours guidance at 0.58-0.62 EPS and its Q1 guidance at $0.58-0.62 EPS.Parties interested in participating […]
- 04/28/2020
|
The Mind of the Sanders Millennial, Part 2
- Commentary You can’t believe it. Sen. Bernie Sanders (I-Vt.) endorsed Joe Biden. The man you have supported for ...
- 04/26/2020
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Boston Trust Walden Corp Buys 6,295 Shares of Forward Air Co. (NASDAQ:FWRD)
- Boston Trust Walden Corp boosted its holdings in Forward Air Co. (NASDAQ:FWRD) by 2.0% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 315,908 shares of the transportation company’s stock after purchasing an additional 6,295 shares during the quarter. Boston Trust Walden Corp’s holdings in […]
- 04/26/2020
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Forward Air Co. (NASDAQ:FWRD) Expected to Post Quarterly Sales of $336.80 Million
- Wall Street brokerages expect Forward Air Co. (NASDAQ:FWRD) to post $336.80 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have made estimates for Forward Air’s earnings, with the highest sales estimate coming in at $370.00 million and the lowest estimate coming in at $288.00 million. Forward Air reported […]
- 04/24/2020
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Earnings Preview: Forward Air (FWRD) Q1 Earnings Expected to Decline
- Forward Air (FWRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2020
|
Earnings Preview: Forward Air (FWRD) Q1 Earnings Expected to Decline
- Forward Air (FWRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/23/2020
|
Big Lots Appoints Two New Independent Directors
- Big Lots, Inc. (NYSE: BIG) ("Big Lots" or the "company") today announced that pursuant to an agreement with Macellum Advisors GP, LLC and Ancora Advisors, LLC and certain of their affiliates (the "Investor Group"), who beneficially own in the aggregate approximately 9.8%
- 04/23/2020
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Forward Air (NASDAQ:FWRD) Downgraded by BidaskClub
- Forward Air (NASDAQ:FWRD) was downgraded by equities research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued to investors on Thursday, BidAskClub reports. Several other analysts have also issued reports on FWRD. Zacks Investment Research lowered Forward Air from a “hold” rating to a “sell” rating in […]
- 04/23/2020
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Marks Group Wealth Management, Inc Buys Kadant Inc, Primerica Inc, Forward Air Corp, Sells ...
|
Boston Trust Walden Corp Raises Stock Position in Forward Air Co. (NASDAQ:FWRD)
- Boston Trust Walden Corp lifted its stake in shares of Forward Air Co. (NASDAQ:FWRD) by 22.4% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 378,813 shares of the transportation company’s stock after acquiring an additional 69,200 shares during the quarter. Boston Trust […]
- 04/22/2020
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Forward Air Co. (NASDAQ:FWRD) Receives Consensus Recommendation of "Hold" from Brokerages
- Forward Air Co. (NASDAQ:FWRD) has earned an average recommendation of “Hold” from the seven research firms that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month […]
- 04/21/2020
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How Does Forward Air's (NASDAQ:FWRD) P/E Compare To Its Industry, After Its Big Share Price Gain?
- Those holding Forward Air (NASDAQ:FWRD) shares must be pleased that the share price has rebounded 30% in the last...
- 04/18/2020
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We Think Forward Air (NASDAQ:FWRD) Can Stay On Top Of Its Debt
- David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
- 04/17/2020
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Forward Air Corporation Announces Timing of First Quarter 2020 Earnings Release and Conference Call
- Forward Air Corporation (NASDAQ:FWRD) will release its first quarter 2020 earnings after the market closes on Thursday, April 30, 2020 and hold a conference call to discuss those results on the following day, Friday, May 1, 2020 at 9:00 a.m. EDT. The Company’s conference call will be available online on the Investor Relations portion of the Company’s website at www.forwardaircorp.com, where investors can easily find or navigate to pertinent information about us, or by dialing (844) 767-5679, Access Code: 4369143. A replay of the conference call will be available on the Investor Relations portion of the Company’s website at www.forwardaircorp.com beginning shortly after completion of the live call.
- 04/16/2020
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Analysts Estimate Forward Air (FWRD) to Report a Decline in Earnings: What to Look Out for
- Forward Air (FWRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/15/2020
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Analysts Estimate Forward Air (FWRD) to Report a Decline in Earnings: What to Look Out for
- Forward Air (FWRD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/15/2020
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Zacks Investment Research Lowers Forward Air (NASDAQ:FWRD) to Sell
- Zacks Investment Research downgraded shares of Forward Air (NASDAQ:FWRD) from a hold rating to a sell rating in a report released on Tuesday morning, Zacks.com reports. According to Zacks, “Forward Air Corporation is a leading provider of ground transportation and related logistics services to the North American air freight and expedited LTL market. Forward Air […]
- 04/15/2020
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Analysts Estimate Forward Air (FWRD) to Report a Decline in Earnings: What to Look Out for
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Norges Bank Takes $33.20 Million Position in Forward Air Co. (NASDAQ:FWRD)
- Norges Bank purchased a new stake in Forward Air Co. (NASDAQ:FWRD) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 474,624 shares of the transportation company’s stock, valued at approximately $33,200,000. Norges Bank owned approximately 1.69% of Forward Air at the end of the […]
- 04/14/2020
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TikTok users beware: Hackers could swap your videos with their own
- TikTok doesn’t use HTTPS for its images and videos – so crooks could swap out the videos you see and you would never know.
- 04/14/2020
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Trucking index starts to crack in March
- The Cass Freight Index fell 9.2% Y/Y in March. On a two-year stacked basis, the index was off 10.1%. Cass says the April mark will undoubtedly show an even bigger drop and likely be the worst month i
- 04/13/2020
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Forward Air Co. (NASDAQ:FWRD) Shares Purchased by Geode Capital Management LLC
- Geode Capital Management LLC raised its stake in Forward Air Co. (NASDAQ:FWRD) by 6.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 398,137 shares of the transportation company’s stock after buying an additional 22,758 shares during the period. Geode Capital Management LLC’s holdings in […]
- 04/13/2020
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Nuveen Asset Management LLC Has $22.64 Million Stock Position in Forward Air Co. (NASDAQ:FWRD)
- Nuveen Asset Management LLC lowered its stake in Forward Air Co. (NASDAQ:FWRD) by 10.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 323,676 shares of the transportation company’s stock after selling 36,038 shares during the period. Nuveen Asset Management LLC’s […]
- 04/12/2020
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AQR Capital Management LLC Reduces Stake in Forward Air Co. (NASDAQ:FWRD)
- AQR Capital Management LLC lowered its holdings in Forward Air Co. (NASDAQ:FWRD) by 4.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 4,950 shares of the transportation company’s stock after selling 249 shares during the quarter. AQR Capital Management LLC’s holdings in Forward Air […]
- 04/12/2020
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Guggenheim Capital LLC Reduces Stock Holdings in Forward Air Co. (NASDAQ:FWRD)
- Guggenheim Capital LLC trimmed its holdings in shares of Forward Air Co. (NASDAQ:FWRD) by 81.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 2,972 shares of the transportation company’s stock after selling 13,098 shares during the period. Guggenheim Capital LLC’s holdings in Forward Air were worth $208,000 as of its most recent […]
- 04/11/2020
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Q3 2020 Earnings Estimate for Forward Air Co. (NASDAQ:FWRD) Issued By KeyCorp
- Forward Air Co. (NASDAQ:FWRD) – Equities research analysts at KeyCorp lowered their Q3 2020 earnings estimates for shares of Forward Air in a report issued on Tuesday, April 7th. KeyCorp analyst T. Fowler now anticipates that the transportation company will earn $0.67 per share for the quarter, down from their previous estimate of $0.87. KeyCorp […]
- 04/11/2020
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Those Who Purchased Forward Air (NASDAQ:FWRD) Shares A Year Ago Have A 21% Loss To Show For It
- It's nice to see the Forward Air Corporation (NASDAQ:FWRD) share price up 15% in a week. But that is minimal...
- 04/10/2020
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Janus Henderson Group PLC Makes New $422,000 Investment in Forward Air Co. (NASDAQ:FWRD)
- Janus Henderson Group PLC bought a new position in Forward Air Co. (NASDAQ:FWRD) in the 4th quarter, Holdings Channel reports. The firm bought 6,040 shares of the transportation company’s stock, valued at approximately $422,000. Several other institutional investors and hedge funds also recently added to or reduced their stakes in FWRD. Great Diamond Partners LLC […]
- 04/09/2020
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Goldman Sachs Group Inc. Buys 26,826 Shares of Forward Air Co. (NASDAQ:FWRD)
- Goldman Sachs Group Inc. boosted its stake in Forward Air Co. (NASDAQ:FWRD) by 56.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,464 shares of the transportation company’s stock after acquiring an additional 26,826 shares during the quarter. Goldman Sachs Group Inc. […]
- 04/09/2020
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Confluence Investment Management LLC Lowers Position in Forward Air Co. (NASDAQ:FWRD)
- Confluence Investment Management LLC trimmed its position in shares of Forward Air Co. (NASDAQ:FWRD) by 4.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,712 shares of the transportation company’s stock after selling 4,122 shares during the quarter. Confluence […]
- 04/09/2020
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Q1 2020 Earnings Forecast for Forward Air Co. Issued By KeyCorp (NASDAQ:FWRD)
- Forward Air Co. (NASDAQ:FWRD) – Analysts at KeyCorp reduced their Q1 2020 earnings per share estimates for Forward Air in a report released on Tuesday, April 7th. KeyCorp analyst T. Fowler now anticipates that the transportation company will post earnings of $0.53 per share for the quarter, down from their prior estimate of $0.60. KeyCorp […]
- 04/09/2020
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Alliancebernstein L.P. Sells 3,528 Shares of Forward Air Co. (NASDAQ:FWRD)
- Alliancebernstein L.P. reduced its holdings in shares of Forward Air Co. (NASDAQ:FWRD) by 3.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 93,272 shares of the transportation company’s stock after selling 3,528 shares during the quarter. Alliancebernstein L.P. owned […]
- 04/08/2020
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Do Hedge Funds Love Adient plc (ADNT)?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/07/2020
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Here is What Hedge Funds Think About Cubic Corporation (CUB)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/07/2020
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Hedge Funds Are Dumping Vector Group Ltd (VGR)
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/07/2020
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Here is What Hedge Funds Think About Caretrus REIT Inc (CTRE)
- Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]
- 04/07/2020
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Is Forward Air Corporation (FWRD) A Good Stock To Buy?
- We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
- 04/07/2020
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Forward Air (NASDAQ:FWRD) Stock Price Up 7.6%
- Forward Air Co. (NASDAQ:FWRD) shares rose 7.6% during mid-day trading on Monday . The company traded as high as $50.65 and last traded at $50.04, approximately 234,287 shares traded hands during trading. An increase of 36% from the average daily volume of 172,891 shares. The stock had previously closed at $46.50. FWRD has been the […]
- 04/07/2020
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Here’s What Forward Air Corporation’s (NASDAQ:FWRD) ROCE Can Tell Us
- Today we are going to look at Forward Air Corporation (NASDAQ:FWRD) to see whether it might be an attractive...
- 04/06/2020
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Bank of New York Mellon Corp Sells 24,791 Shares of Forward Air Co. (NASDAQ:FWRD)
- Bank of New York Mellon Corp reduced its holdings in Forward Air Co. (NASDAQ:FWRD) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 380,684 shares of the transportation company’s stock after selling 24,791 shares during the period. Bank of New York Mellon Corp […]
- 04/05/2020
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Forward Air (NASDAQ:FWRD) Upgraded at Zacks Investment Research
- Forward Air (NASDAQ:FWRD) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Thursday, Zacks.com reports. According to Zacks, “Forward Air Corporation is a leading provider of ground transportation and related logistics services to the North American air freight and expedited LTL market. Forward Air provides […]
- 04/03/2020
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COVID-19 forces browser makers to continue supporting TLS 1.0
- In one of the strangest stories of the year, the COVID-19 virus has halted plans by major browsers to drop support for the aging and insecure Transport Layer Security (TLS) 1.0 and 1.1 protocols.
- 04/02/2020
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Brokerages Expect Forward Air Co. (NASDAQ:FWRD) to Post $0.92 EPS
- Wall Street brokerages expect Forward Air Co. (NASDAQ:FWRD) to post $0.92 earnings per share for the current quarter, according to Zacks. Four analysts have issued estimates for Forward Air’s earnings, with estimates ranging from $0.91 to $0.93. Forward Air reported earnings per share of $0.64 in the same quarter last year, which suggests a positive […]
- 04/01/2020
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Alberta Investment Management Corp Invests $1.50 Million in Forward Air Co. (NASDAQ:FWRD)
- Alberta Investment Management Corp acquired a new position in shares of Forward Air Co. (NASDAQ:FWRD) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 21,400 shares of the transportation company’s stock, valued at approximately $1,497,000. Alberta Investment Management Corp owned 0.08% of Forward Air at […]
- 03/28/2020
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Forward Air Co. (NASDAQ:FWRD) Shares Purchased by Credit Suisse AG
- Credit Suisse AG lifted its holdings in Forward Air Co. (NASDAQ:FWRD) by 69.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,055 shares of the transportation company’s stock after purchasing an additional 14,318 shares during the period. Credit Suisse AG owned approximately 0.12% of Forward Air […]
- 03/26/2020
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Forward Air (NASDAQ:FWRD) Upgraded to Sell at BidaskClub
- Forward Air (NASDAQ:FWRD) was upgraded by equities research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report released on Wednesday, BidAskClub reports. FWRD has been the subject of several other research reports. Zacks Investment Research cut shares of Forward Air from a “buy” rating to a “hold” rating in […]
- 03/25/2020
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Forward Air Co. (NASDAQ:FWRD) Shares Bought by ProShare Advisors LLC
- ProShare Advisors LLC grew its position in shares of Forward Air Co. (NASDAQ:FWRD) by 17.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,597 shares of the transportation company’s stock after purchasing an additional 669 shares during the period. ProShare Advisors LLC’s holdings […]
- 03/23/2020
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Forward Air Co. (NASDAQ:FWRD) Stake Reduced by Jefferies Group LLC
- Jefferies Group LLC lessened its holdings in shares of Forward Air Co. (NASDAQ:FWRD) by 42.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,737 shares of the transportation company’s stock after selling 3,563 shares during the quarter. Jefferies […]
- 03/21/2020
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Bank of Montreal Can Has $355,000 Stake in Forward Air Co. (NASDAQ:FWRD)
- Bank of Montreal Can decreased its position in shares of Forward Air Co. (NASDAQ:FWRD) by 78.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,094 shares of the transportation company’s stock after selling 18,325 shares during the period. Bank of […]
- 03/20/2020
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Forward Air (NASDAQ:FWRD) Sets New 1-Year Low at $43.50
- Forward Air Co. (NASDAQ:FWRD) reached a new 52-week low during trading on Wednesday . The company traded as low as $43.50 and last traded at $46.66, with a volume of 2689 shares changing hands. The stock had previously closed at $48.41. A number of equities research analysts recently commented on the company. Zacks Investment Research […]
- 03/20/2020
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Stocks That Hit 52-Week Lows On Thursday
- On Thursday morning, 1178 companies hit new 52-week lows.
Facts of Interest:
The largest company by market cap to set a new 52-week low was Nuveen Preferred & Income...
- 03/19/2020
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Is Forward Air Corporation's (NASDAQ:FWRD) ROE Of 15% Impressive?
- While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
- 03/19/2020
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How Does Forward Air's (NASDAQ:FWRD) P/E Compare To Its Industry, After The Share Price Drop?
- To the annoyance of some shareholders, Forward Air (NASDAQ:FWRD) shares are down a considerable 35% in the last month...
- 03/19/2020
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How Does Forward Air’s (NASDAQ:FWRD) P/E Compare To Its Industry, After The Share Price Drop?
- Unfortunately for some shareholders, the Forward Air (NASDAQ:FWRD) share price has dived 35% in the last thirty days...
- 03/19/2020
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Forward Air Co. (NASDAQ:FWRD) Shares Sold by Citigroup Inc.
- Citigroup Inc. lowered its position in Forward Air Co. (NASDAQ:FWRD) by 35.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,302 shares of the transportation company’s stock after selling 7,341 shares during the quarter. Citigroup Inc.’s holdings in Forward Air were worth $930,000 as […]
- 03/19/2020
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ArrowMark Colorado Holdings LLC Boosts Stock Holdings in Forward Air Co. (NASDAQ:FWRD)
- ArrowMark Colorado Holdings LLC boosted its position in shares of Forward Air Co. (NASDAQ:FWRD) by 0.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,146,483 shares of the transportation company’s stock after buying an additional 8,338 shares during the […]
- 03/18/2020
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Envestnet Asset Management Inc. Boosts Position in Forward Air Co. (NASDAQ:FWRD)
- Envestnet Asset Management Inc. increased its stake in Forward Air Co. (NASDAQ:FWRD) by 1.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 40,800 shares of the transportation company’s stock after buying an additional 439 shares during the period. Envestnet Asset Management Inc. owned […]
- 03/17/2020
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Great West Life Assurance Co. Can Invests $2.45 Million in Forward Air Co. (NASDAQ:FWRD)
- Great West Life Assurance Co. Can acquired a new position in Forward Air Co. (NASDAQ:FWRD) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 35,291 shares of the transportation company’s stock, valued at approximately $2,449,000. Great West Life Assurance Co. Can owned approximately […]
- 03/16/2020
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AlphaCrest Capital Management LLC Sells 10,489 Shares of Forward Air Co. (NASDAQ:FWRD)
- AlphaCrest Capital Management LLC decreased its holdings in Forward Air Co. (NASDAQ:FWRD) by 53.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,311 shares of the transportation company’s stock after selling 10,489 shares during the period. AlphaCrest Capital Management LLC’s holdings in Forward Air […]
- 03/16/2020
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Forward Air (NASDAQ:FWRD) Reaches New 1-Year Low at $47.77
- Forward Air Co. (NASDAQ:FWRD)’s share price reached a new 52-week low on Thursday . The stock traded as low as $47.77 and last traded at $50.40, with a volume of 0 shares traded. The stock had previously closed at $50.40. FWRD has been the topic of several analyst reports. Stephens cut their price target on […]
- 03/14/2020
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Stocks That Hit 52-Week Lows On Thursday
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International companies to host live webcasts at Deutsche Bank's Depositary Receipts Virtual Investor Conference on March 18th and 19th, 2020
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Driehaus Capital Management LLC Sells 7,409 Shares of Forward Air Co. (NASDAQ:FWRD)
- Driehaus Capital Management LLC cut its holdings in Forward Air Co. (NASDAQ:FWRD) by 45.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,903 shares of the transportation company’s stock after selling 7,409 shares during the period. Driehaus Capital Management LLC’s holdings […]
- 03/10/2020
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$366.73 Million in Sales Expected for Forward Air Co. (NASDAQ:FWRD) This Quarter
- Equities analysts predict that Forward Air Co. (NASDAQ:FWRD) will post sales of $366.73 million for the current quarter, according to Zacks. Four analysts have made estimates for Forward Air’s earnings, with the highest sales estimate coming in at $372.00 million and the lowest estimate coming in at $361.50 million. Forward Air posted sales of $321.47 […]
- 03/08/2020
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Forward Air (NASDAQ:FWRD) Lowered to Strong Sell at BidaskClub
- Forward Air (NASDAQ:FWRD) was downgraded by stock analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Saturday, BidAskClub reports. A number of other analysts also recently issued reports on the stock. Stephens lowered their price objective on shares of Forward Air from […]
- 03/07/2020
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flyExclusive Extends Global Charter Reach with Parent Company’s Acquisition of Sky Night LLC and Fleet of Gulfstream GIVSP Jet Aircraft
- LGM Enterprises, parent company of flyExclusive, a leading provider of premium private jet charter travel, announced today that it is acquiring Sky Night LLC, an owner and operator of Gulfstream aircraft. The acquisition adds large cabin charter to flyExclusive’s growing portfolio of light, mid, super-mid
- 03/05/2020
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Barclays PLC Purchases 8,608 Shares of Forward Air Co. (NASDAQ:FWRD)
- Barclays PLC boosted its position in Forward Air Co. (NASDAQ:FWRD) by 24.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 44,478 shares of the transportation company’s stock after acquiring an additional 8,608 shares during the period. Barclays PLC owned 0.16% of […]
- 03/05/2020
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These Stocks Could Be Value Opportunities
- Quest Diagnostics tops the list Continue reading...
- 03/05/2020
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These Stocks Could Be Value Opportunities
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Aviva PLC Invests $1.90 Million in Forward Air Co. (NASDAQ:FWRD)
- Aviva PLC purchased a new position in shares of Forward Air Co. (NASDAQ:FWRD) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 27,145 shares of the transportation company’s stock, valued at approximately $1,899,000. Aviva PLC owned approximately 0.10% of Forward Air at the end of the most recent […]
- 03/01/2020
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Forward Air Corporation (NASDAQ:FWRD) Passed Our Checks, And It’s About To Pay A US$0.18 Dividend
- Forward Air Corporation (NASDAQ:FWRD) is about to trade ex-dividend in the next 4 days. You will need to purchase...
- 02/28/2020
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Forward Air Corporation (NASDAQ:FWRD) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
- Forward Air Corporation (NASDAQ:FWRD) is about to trade ex-dividend in the next 4 days. You can purchase shares before...
- 02/28/2020
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Rewilding project aims to give Thames its flood plain back
- Flooding scheme on Arcadian stretch of river hopes to show water and people can co-exist in harmony
- 02/27/2020
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Trucking slows down in U.S.
- Baird says trucking demand trends remained weak in January consistent with accelerating declines in the Cass Freight Shipment Index (-9.4% Y/Y vs. -7.9% in December). "Commentary from shippers du
- 02/25/2020
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Here's What Forward Air Corporation's (NASDAQ:FWRD) P/E Ratio Is Telling Us
- This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
- 02/25/2020
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Forward Air (NASDAQ:FWRD) Upgraded at BidaskClub
- BidaskClub upgraded shares of Forward Air (NASDAQ:FWRD) from a strong sell rating to a sell rating in a report issued on Friday, BidAskClub reports. A number of other analysts have also weighed in on the stock. Zacks Investment Research lowered shares of Forward Air from a buy rating to a hold rating in a research […]
- 02/25/2020
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Forward Air Co. (NASDAQ:FWRD) Shares Sold by American International Group Inc.
- American International Group Inc. lowered its position in Forward Air Co. (NASDAQ:FWRD) by 2.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 20,359 shares of the transportation company’s stock after selling 563 shares during the period. American International Group Inc.’s holdings in Forward Air were worth $1,424,000 at the end of the most […]
- 02/24/2020
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Forward Air Corp (FWRD) Files –…-K for the Fiscal Year Ended on December '–, —…–9
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Forward Air Co. (NASDAQ:FWRD) Shares Sold by Advisory Services Network LLC
- Advisory Services Network LLC cut its holdings in shares of Forward Air Co. (NASDAQ:FWRD) by 26.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 500 shares of the transportation company’s stock after selling 183 shares during the period. Advisory Services […]
- 02/23/2020
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If You Had Bought Forward Air (NASDAQ:FWRD) Shares Three Years Ago You’d Have Made 32%
- Buying a low-cost index fund will get you the average market return. But if you invest in individual stocks, some are...
- 02/21/2020
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Edited Transcript of FWRD earnings conference call or presentation 7-Feb-20 2:00pm GMT
- Q4 2019 Forward Air Corp Earnings Call
- 02/19/2020
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Cybersecurity firm Sophos introduces "Xstream" version of XG Firewall » CryptoNinjas
- Sophos, a global leader in next-generation cybersecurity, today introduced a new “Xstream” architecture for Sophos XG Firewall with high-performance
- 02/18/2020
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Zynerba Pharmaceuticals Enters Oversold Territory
- Zynerba Pharmaceuticals has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
- 02/18/2020
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Insight Enterprises Enters Oversold Territory
- Insight Enterprises has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
- 02/18/2020
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Moody Aldrich Partners LLC Purchases 538 Shares of Forward Air Co. (NASDAQ:FWRD)
- Moody Aldrich Partners LLC boosted its holdings in Forward Air Co. (NASDAQ:FWRD) by 0.9% during the 4th quarter, Holdings Channel reports. The firm owned 61,118 shares of the transportation company’s stock after acquiring an additional 538 shares during the period. Moody Aldrich Partners LLC’s holdings in Forward Air were worth $4,275,000 as of its most […]
- 02/17/2020
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Just Energy Group Enters Oversold Territory
- Just Energy Group has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
- 02/14/2020
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Forward Air (NASDAQ:FWRD) Cut to Hold at Zacks Investment Research
- Zacks Investment Research downgraded shares of Forward Air (NASDAQ:FWRD) from a buy rating to a hold rating in a research report report published on Wednesday, Zacks.com reports. According to Zacks, “Forward Air Corporation is a leading provider of ground transportation and related logistics services to the North American air freight and expedited LTL market. Forward […]
- 02/13/2020
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Brokerages Set Forward Air Co. (NASDAQ:FWRD) Price Target at $76.50
- Forward Air Co. (NASDAQ:FWRD) has been given an average recommendation of “Hold” by the six research firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 12-month price […]
- 02/13/2020
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A Note On Forward Air Corporation’s (NASDAQ:FWRD) ROE and Debt To Equity
- Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
- 02/12/2020
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Forward Air Enters Oversold Territory
- Forward Air has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
- 02/11/2020
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Forward Air Enters Oversold Territory
- Forward Air has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.
- 02/11/2020
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Edited Transcript of FWRD earnings conference call or presentation 7-Feb-20 2:00pm GMT
- Q4 2019 Forward Air Corp Earnings Call
- 02/11/2020
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Forward Air Enters Oversold Territory
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Stephens & Co. Maintains Equal-Weight on Forward Air, Lowers Price Target to $76
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Forward Air Co. (NASDAQ:FWRD) Shares Sold by First Mercantile Trust Co.
- First Mercantile Trust Co. lessened its position in shares of Forward Air Co. (NASDAQ:FWRD) by 7.2% in the 4th quarter, HoldingsChannel reports. The fund owned 2,316 shares of the transportation company’s stock after selling 180 shares during the period. First Mercantile Trust Co.’s holdings in Forward Air were worth $162,000 as of its most recent […]
- 02/09/2020
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Forward Air Corp (FWRD) Q4 2019 Earnings Call Transcript
- FWRD earnings call for the period ending December 31, 2019.
- 02/07/2020
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Forward Air Corp (FWRD) CEO Thomas Schmitt on Q4 2019 Results - Earnings Call Transcript
- Forward Air Corp (NASDAQ:FWRD) Q4 2019 Earnings Conference Call February 07, 2020, 09:00 ET Company Participants Thomas Schmitt - Chairman, President & CEO
- 02/07/2020
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CIBC Private Wealth Group LLC Has $1.20 Million Stock Holdings in Forward Air Co. (NASDAQ:FWRD)
- CIBC Private Wealth Group LLC lessened its stake in shares of Forward Air Co. (NASDAQ:FWRD) by 1.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 17,142 shares of the transportation company’s stock after selling 211 shares during the quarter. CIBC Private Wealth Group LLC’s […]
- 02/07/2020
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Forward Air (FWRD) Lags Q4 Earnings and Revenue Estimates
- Forward Air (FWRD) delivered earnings and revenue surprises of -8.60% and -0.72%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
- 02/06/2020
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