$0.62 EPS Expected for Forward Air Corporation (FWRD)

January 14, 2018 - By Stephen Andrade

 $0.62 EPS Expected for Forward Air Corporation (FWRD)
Investors sentiment increased to 1.9 in Q3 2017. Its up 0.60, from 1.3 in 2017Q2. It improved, as 6 investors sold Forward Air Corporation shares while 44 reduced holdings. 29 funds opened positions while 66 raised stakes. 28.18 million shares or 2.37% less from 28.87 million shares in 2017Q2 were reported.
Parametric Portfolio Assocs Limited Liability Corp stated it has 77,173 shares. Glenmede Trust Na stated it has 0% of its portfolio in Forward Air Corporation (NASDAQ:FWRD). Pinebridge Lp reported 3,760 shares or 0.01% of all its holdings. 18,470 are held by Thrivent Finance For Lutherans. Dalton Greiner Hartman Maher And Com accumulated 306,647 shares. Vanguard Grp Inc Inc has invested 0.01% in Forward Air Corporation (NASDAQ:FWRD). Fuller & Thaler Asset Mgmt Inc holds 0% of its portfolio in Forward Air Corporation (NASDAQ:FWRD) for 1,900 shares. Cardinal Capital Mngmt accumulated 24,370 shares. California State Teachers Retirement Sys accumulated 48,004 shares. Aperio Grp Incorporated Ltd has invested 0% of its portfolio in Forward Air Corporation (NASDAQ:FWRD). Us Bank & Trust De reported 0% stake. The United Kingdom-based Barclays Public Limited Com has invested 0% in Forward Air Corporation (NASDAQ:FWRD). Boothbay Fund Management Ltd Com owns 8,237 shares or 0.08% of their US portfolio. Moreover, Cs Mckee Ltd Partnership has 0.15% invested in Forward Air Corporation (NASDAQ:FWRD) for 32,850 shares. Opus Group Limited Liability holds 4,445 shares.

Since July 31, 2017, it had 0 insider purchases, and 3 insider sales for $1.21 million activity.

Analysts expect Forward Air Corporation (NASDAQ:FWRD) to report $0.62 EPS on February, 14.They anticipate $0.04 EPS change or 6.90 % from last quarter’s $0.58 EPS. FWRD’s profit would be $18.46M giving it 24.40 P/E if the $0.62 EPS is correct. After having $0.60 EPS previously, Forward Air Corporation’s analysts see 3.33 % EPS growth. The stock increased 0.08% or $0.05 during the last trading session, reaching $60.52. About 255,581 shares traded or 71.54% up from the average. Forward Air Corporation (NASDAQ:FWRD) has risen 16.39% since January 14, 2017 and is uptrending. It has underperformed by 0.31% the S&P500.

Forward Air Corporation (NASDAQ:FWRD) Ratings Coverage

Among 9 analysts covering Forward Air (NASDAQ:FWRD), 2 have Buy rating, 0 Sell and 7 Hold. Therefore 22% are positive. Forward Air had 25 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, October 26 by Stifel Nicolaus. Cowen & Co maintained the shares of FWRD in report on Wednesday, August 9 with “Hold” rating. The stock of Forward Air Corporation (NASDAQ:FWRD) earned “Hold” rating by Cowen & Co on Monday, October 16. On Monday, October 30 the stock rating was maintained by Cowen & Co with “Hold”. The stock has “Hold” rating by Robert W. Baird on Thursday, October 5. The firm has “Outperform” rating by Robert W. Baird given on Tuesday, November 17. The rating was maintained by RBC Capital Markets on Thursday, February 11 with “Sector Perform”. Cowen & Co maintained the stock with “Market Perform” rating in Thursday, July 23 report. As per Friday, October 23, the company rating was maintained by Cowen & Co. As per Tuesday, September 19, the company rating was maintained by KeyBanc Capital Markets.

Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics firm in the United State and Canada. The company has market cap of $1.80 billion. The firm operates through four divisions: Expedited LTL, Truckload Premium Services , Intermodal, and Pool Distribution. It has a 28.55 P/E ratio. The Expedited LTL segment provides expedited regional, inter-regional, and national less-than-truckload services, as well as local pick-up and delivery services.

Another recent and important Forward Air Corporation (NASDAQ:FWRD) news was published by Businesswire.com which published an article titled: “Forward Air Corporation Announces Election of Valerie A. Bonebrake as New …” on January 12, 2018.

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