Forward Air (FWRD) Competitors

Covenant Logistics Group (NASDAQ:CVLG) and Forward Air (NASDAQ:FWRD) are both small-cap transportation companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, earnings, valuation, dividends, community ranking, media sentiment, risk, profitability and institutional ownership.

Is CVLG or FWRD more profitable?

Forward Air has a net margin of 10.58% compared to Forward Air's net margin of 3.82%. Covenant Logistics Group's return on equity of 15.30% beat Forward Air's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Covenant Logistics Group	3.82%	14.30%	6.19%
Forward Air	10.58%	15.30%	6.48%

Do insiders & institutionals have more ownership in CVLG or FWRD?

83.7% of Covenant Logistics Group shares are held by institutional investors. Comparatively, 97.0% of Forward Air shares are held by institutional investors. 36.5% of Covenant Logistics Group shares are held by company insiders. Comparatively, 1.3% of Forward Air shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Which has more risk and volatility, CVLG or FWRD?

Covenant Logistics Group has a beta of 1.41, indicating that its stock price is 41% more volatile than the S&P 500. Comparatively, Forward Air has a beta of 1.06, indicating that its stock price is 6% more volatile than the S&P 500.

Does the MarketBeat Community favor CVLG or FWRD?

Forward Air received 318 more outperform votes than Covenant Logistics Group when rated by MarketBeat users. Likewise, 54.70% of users gave Forward Air an outperform vote while only 38.89% of users gave Covenant Logistics Group an outperform vote.

Company	Underperform	Outperform
Covenant Logistics Group	Outperform Votes 14 38.89%	Underperform Votes 22 61.11%
Forward Air	Outperform Votes 332 54.70%	Underperform Votes 275 45.30%

Which has higher earnings and valuation, CVLG or FWRD?

Forward Air has higher revenue and earnings than Covenant Logistics Group. Forward Air is trading at a lower price-to-earnings ratio than Covenant Logistics Group, indicating that it is currently the more affordable of the two stocks.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Covenant Logistics Group	$1.10B	0.56	$55.23M	$3.12	15.05
Forward Air	$1.37B	0.32	$167.35M	$6.42	2.61

Does the media favor CVLG or FWRD?

In the previous week, Forward Air had 9 more articles in the media than Covenant Logistics Group. MarketBeat recorded 12 mentions for Forward Air and 3 mentions for Covenant Logistics Group. Forward Air's average media sentiment score of 0.32 beat Covenant Logistics Group's score of -0.22 indicating that Covenant Logistics Group is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Covenant Logistics Group	1 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	2 Negative mention(s)	0 Very Negative mention(s)	Neutral
Forward Air	1 Very Positive mention(s)	0 Positive mention(s)	3 Neutral mention(s)	6 Negative mention(s)	2 Very Negative mention(s)	Neutral

Do analysts rate CVLG or FWRD?

Covenant Logistics Group currently has a consensus price target of $68.67, suggesting a potential upside of 46.25%. Forward Air has a consensus price target of $80.14, suggesting a potential upside of 378.18%. Given Covenant Logistics Group's higher possible upside, analysts plainly believe Forward Air is more favorable than Covenant Logistics Group.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Covenant Logistics Group	0 Sell rating(s)	0 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	3.00
Forward Air	1 Sell rating(s)	4 Hold rating(s)	3 Buy rating(s)	0 Strong Buy rating(s)	2.25

Summary

Forward Air beats Covenant Logistics Group on 11 of the 17 factors compared between the two stocks.