Added to YB: 2025-12-01
Pitch date: 2025-11-27
FWRD [neutral]
Forward Air Corporation
+10.74%
current return
Author Info
No bio for this author
Company Info
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada.
Market Cap
$708.1M
Pitch Price
$23.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.47
P/E
-4.82
EV/Sales
1.11
Sector
Air Freight and Logistics
Category
special_situation
Watchlist Radar - Forward Air Corporation
FWRD (watchlist): Asset-light LTL transport in profitable airport-to-airport niche trades 8x EBITDA vs comps at 12x-20x. 2023 peak-cycle acquisition at poor valuation drew activist ire from Alta Fox. Strategic review underway with multiple PE buyers interested. Potential takeout candidate.
Read full article (1 min)