Forward Air Stock Target Price and Analyst Consensus

FWRD Stock  USD 24.00  0.45  1.91%   
The current analyst and expert consensus on Forward Air is Buy with 4 hold recommendations. The current projected Forward Air target price consensus is 83.33 with 7 analyst opinions. One of the most common ways Forward Air analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Forward Air vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Forward Air. We strongly encourage you to use your own analysis of Forward Air to validate this buy or sell advice. Forward Air recommendation module provides expert sentiment on the projected Forward Air target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Forward Air to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.
Lowest Forecast
75.83
Highest Forecast
92.5
Target Price
83.33
As of April 23, 2024, Gross Profit is expected to decline to about 83.8 M. In addition to that, Pretax Profit Margin is expected to decline to 0.04. At present, Forward Air's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 108.7 M, whereas Other Stockholder Equity is forecasted to decline to about 166.1 M.
  
It's important to approach Forward Air's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Forward Air price targets

Forward Air's stock target price is an estimate of its future price, usually made by analysts. Using Forward Air's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Forward Air's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Forward Air's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Forward Air Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Forward Air is a key component of Forward Air valuation and have some predictive power on the future returns of a Forward Air.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Forward Air's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
20.9124.5728.23
Details
Intrinsic
Valuation
LowRealHigh
21.6038.8042.46
Details
Naive
Forecast
LowNextHigh
15.2818.9422.60
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.32-0.110.04
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Forward Air. Your research has to be compared to or analyzed against Forward Air's peers to derive any actionable benefits. When done correctly, Forward Air's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Forward Air.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Cash Cows Idea
Cash Cows
Invested a lot of shares
Manufacturing Idea
Manufacturing
Invested over 40 shares
Baby Boomer Prospects Idea
Baby Boomer Prospects
Invested over 50 shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
Momentum Idea
Momentum
Invested over 70 shares
When determining whether Forward Air is a strong investment it is important to analyze Forward Air's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forward Air's future performance. For an informed investment choice regarding Forward Stock, refer to the following important reports:
Check out Macroaxis Advice on Forward Air to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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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.
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The data published in Forward Air's official financial statements usually reflect Forward Air's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Forward Air. For example, before you start analyzing numbers published by Forward accountants, it's critical to develop an understanding of what Forward Air's liquidity, profitability, and earnings quality are in the context of the Air Freight & Logistics space in which it operates.
Please note, the presentation of Forward Air's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Forward Air's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Forward Air's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Forward Air. Please utilize our Beneish M Score to check the likelihood of Forward Air's management manipulating its earnings.