FWRD vs. ECHO, RKLB, ATSG, PKOH, BCO, UPS, FDX, EXPD, XPO, and CHRW
Should you be buying Forward Air stock or one of its competitors? The main competitors of Forward Air include Echo Global Logistics (ECHO), Rocket Lab USA (RKLB), Air Transport Services Group (ATSG), Park-Ohio (PKOH), Brink's (BCO), United Parcel Service (UPS), FedEx (FDX), Expeditors International of Washington (EXPD), XPO (XPO), and C.H. Robinson Worldwide (CHRW).
Echo Global Logistics (NASDAQ:ECHO) and Forward Air (NASDAQ:FWRD) are both small-cap transportation companies, but which is the superior investment? We will compare the two businesses based on the strength of their earnings, risk, institutional ownership, community ranking, dividends, profitability, valuation, media sentiment and analyst recommendations.
Echo Global Logistics has a beta of 0.81, indicating that its stock price is 19% less volatile than the S&P 500. Comparatively, Forward Air has a beta of 1, indicating that its stock price has a similar volatility profile to the S&P 500.
91.6% of Echo Global Logistics shares are owned by institutional investors. Comparatively, 97.0% of Forward Air shares are owned by institutional investors. 2.0% of Echo Global Logistics shares are owned by insiders. Comparatively, 4.7% of Forward Air shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
In the previous week, Forward Air had 7 more articles in the media than Echo Global Logistics. MarketBeat recorded 9 mentions for Forward Air and 2 mentions for Echo Global Logistics. Echo Global Logistics' average media sentiment score of 0.49 beat Forward Air's score of 0.20 indicating that Forward Air is being referred to more favorably in the news media.
Forward Air has a consensus target price of $76.86, indicating a potential upside of 195.60%. Given Echo Global Logistics' higher probable upside, analysts plainly believe Forward Air is more favorable than Echo Global Logistics.
Forward Air has a net margin of 4.08% compared to Forward Air's net margin of 1.68%. Forward Air's return on equity of 16.28% beat Echo Global Logistics' return on equity.
Forward Air has lower revenue, but higher earnings than Echo Global Logistics. Forward Air is trading at a lower price-to-earnings ratio than Echo Global Logistics, indicating that it is currently the more affordable of the two stocks.
Echo Global Logistics received 81 more outperform votes than Forward Air when rated by MarketBeat users. Likewise, 56.19% of users gave Echo Global Logistics an outperform vote while only 54.43% of users gave Forward Air an outperform vote.
Summary
Forward Air beats Echo Global Logistics on 10 of the 17 factors compared between the two stocks.
Get Forward Air News Delivered to You Automatically
Sign up to receive the latest news and ratings for FWRD and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding FWRD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Forward Air Competitors List
Related Companies and Tools
