Michael Morris - Forward Air CFO, Senior Vice President Treasurer
| FWRD Stock | USD 25.22 0.70 2.85% |
President
Mr. Michael Joseph Morris is Chief Financial Officer, Senior Vice President, Treasurer of the Company. From 2010 to 2015, Mr. Morris was the Senior Vice President of Finance Treasurer at Conway Inc. and in 2016 he transitioned to be the Senior Vice President of Finance Treasurer at XPO Logistics Inc. following XPO acquisition of Conway. since 2017.
| Age | 49 |
| Tenure | 7 years |
| Address | Building N, Greeneville, TN, United States, 37745 |
| Phone | 423 636 7000 |
| Web | https://www.forwardaircorp.com |
Forward Air Management Efficiency
The company has return on total asset (ROA) of 0.0435 % which means that it generated a profit of $0.0435 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0582 %, meaning that it created $0.0582 on every $100 dollars invested by stockholders. Forward Air's management efficiency ratios could be used to measure how well Forward Air manages its routine affairs as well as how well it operates its assets and liabilities. As of April 17, 2024, Return On Tangible Assets is expected to decline to 0. In addition to that, Return On Capital Employed is expected to decline to 0.03. At present, Forward Air's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 61.8 M, whereas Return On Tangible Assets are forecasted to decline to 0.Management Performance
| Return On Equity | 0.0582 | ||||
| Return On Asset | 0.0435 |
Forward Air Leadership Team
Elected by the shareholders, the Forward Air's board of directors comprises two types of representatives: Forward Air inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Forward. The board's role is to monitor Forward Air's management team and ensure that shareholders' interests are well served. Forward Air's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Forward Air's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rodney Bell, CFO, Sr. VP and Treasurer | ||
| Robert Campbell, Lead Independent Director | ||
| Larry Leinweber, Independent Director | ||
| Joseph Tomasello, Chief Officer | ||
| Michael Hance, Chief Legal Officer, Sr. VP and Corporate Secretary | ||
| Bruce Campbell, Executive Chairman, CEO and President and Member of Executive Committee | ||
| Ronald Allen, Independent Director | ||
| Craig Drum, Sr. VP of Sales | ||
| Michael McLean, Chief Accounting Officer, VP of Accounting and Controller | ||
| Sandi Underwood, Assistant Sec | ||
| Tracy Leinbach, Lead Independent Director | ||
| Craig Carlock, Independent Director | ||
| John Langley, Independent Director | ||
| Javier Palomarez, Director | ||
| Gilbert West, Independent Director | ||
| Valerie Bonebrake, Non-Executive Director | ||
| Gil West, Independent Director | ||
| Christina Bottomley, Chief Accounting Officer, Vice President Controller | ||
| Rebecca Garbrick, CFO Treasurer | ||
| Nancee Ronning, Chief Officer | ||
| George Lynch, Independent Director | ||
| Gary Paxton, Independent Director | ||
| Chris Ruble, President of Expedited Services | ||
| Kyle Mitchin, Chief Officer | ||
| Douglas Madden, Director | ||
| G Lynch, Independent Director | ||
| Matthew Jewell, President of Logistics Services | ||
| Ana Amicarella, Director | ||
| Thomas Schmitt, President CEO | ||
| Michael Morris, CFO, Senior Vice President Treasurer | ||
| Thomas Albrecht, Director |
Forward Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Forward Air a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0582 | ||||
| Return On Asset | 0.0435 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 2.47 B | ||||
| Shares Outstanding | 26.37 M | ||||
| Shares Owned By Insiders | 1.60 % | ||||
| Shares Owned By Institutions | 99.89 % | ||||
| Number Of Shares Shorted | 3.7 M | ||||
| Price To Earning | 117.29 X |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward Air. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Forward Stock analysis
When running Forward Air's price analysis, check to measure Forward Air's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forward Air is operating at the current time. Most of Forward Air's value examination focuses on studying past and present price action to predict the probability of Forward Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forward Air's price. Additionally, you may evaluate how the addition of Forward Air to your portfolios can decrease your overall portfolio volatility.
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Transaction History View history of all your transactions and understand their impact on performance |
Is Forward Air's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forward Air. If investors know Forward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forward Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.45 | Dividend Share 0.96 | Earnings Share 1.64 | Revenue Per Share 52.898 | Quarterly Revenue Growth (0.30) |
The market value of Forward Air is measured differently than its book value, which is the value of Forward that is recorded on the company's balance sheet. Investors also form their own opinion of Forward Air's value that differs from its market value or its book value, called intrinsic value, which is Forward Air's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forward Air's market value can be influenced by many factors that don't directly affect Forward Air's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forward Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Air's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.