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Forward Air (FWRD) Competitors

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$16.28 +0.78 (+5.01%)
As of 11:44 AM Eastern
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FWRD vs. AIRT, PSIG, CRGO, NCEW, and FLX

Should you buy Forward Air stock or one of its competitors? Forward Air's main competitors and comparable companies include Air T (AIRT), PS International Group (PSIG), Freightos (CRGO), New Century Logistics (BVI) (NCEW), and BingEx (FLX). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "air freight & logistics" industry.

How does Forward Air compare to Air T?

Air T (NASDAQ:AIRT) and Forward Air (NASDAQ:FWRD) are both small-cap industrials companies, but which is the superior stock? We will compare the two companies based on the strength of their media sentiment, risk, earnings, analyst recommendations, institutional ownership, valuation, dividends and profitability.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Air T$327.09M0.25$77.98M$23.591.28
Forward Air$2.50B0.21-$107.80M-$8.90N/A

Air T has a net margin of 17.17% compared to Forward Air's net margin of -11.37%. Air T's return on equity of 176.42% beat Forward Air's return on equity.

Company Net Margins Return on Equity Return on Assets
Air T17.17% 176.42% 17.67%
Forward Air -11.37%-19.49%-0.66%

Air T has a beta of 0.21, suggesting that its stock price is 79% less volatile than the broader market. Comparatively, Forward Air has a beta of 1.41, suggesting that its stock price is 41% more volatile than the broader market.

In the previous week, Forward Air had 5 more articles in the media than Air T. MarketBeat recorded 6 mentions for Forward Air and 1 mentions for Air T. Forward Air's average media sentiment score of 0.26 beat Air T's score of 0.00 indicating that Forward Air is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Air T
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Forward Air
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Forward Air has a consensus price target of $26.00, suggesting a potential upside of 59.74%. Given Forward Air's stronger consensus rating and higher possible upside, analysts plainly believe Forward Air is more favorable than Air T.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Air T
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Forward Air
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

8.9% of Air T shares are held by institutional investors. Comparatively, 97.0% of Forward Air shares are held by institutional investors. 68.6% of Air T shares are held by company insiders. Comparatively, 15.7% 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 company is poised for long-term growth.

Summary

Air T and Forward Air tied by winning 8 of the 16 factors compared between the two stocks.

How does Forward Air compare to PS International Group?

PS International Group (NASDAQ:PSIG) and Forward Air (NASDAQ:FWRD) are both small-cap industrials companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, earnings, analyst recommendations, dividends, risk, profitability, institutional ownership and media sentiment.

PS International Group has a beta of -0.16, suggesting that its stock price is 116% less volatile than the broader market. Comparatively, Forward Air has a beta of 1.41, suggesting that its stock price is 41% more volatile than the broader market.

PS International Group has higher earnings, but lower revenue than Forward Air.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
PS International GroupN/AN/AN/AN/AN/A
Forward Air$2.50B0.21-$107.80M-$8.90N/A

Forward Air has a consensus target price of $26.00, suggesting a potential upside of 59.74%. Given Forward Air's stronger consensus rating and higher probable upside, analysts plainly believe Forward Air is more favorable than PS International Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
PS International Group
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
Forward Air
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

In the previous week, Forward Air had 6 more articles in the media than PS International Group. MarketBeat recorded 6 mentions for Forward Air and 0 mentions for PS International Group. PS International Group's average media sentiment score of 1.96 beat Forward Air's score of 0.26 indicating that PS International Group is being referred to more favorably in the media.

Company Overall Sentiment
PS International Group Very Positive
Forward Air Neutral

PS International Group has a net margin of 0.00% compared to Forward Air's net margin of -11.37%. PS International Group's return on equity of 0.00% beat Forward Air's return on equity.

Company Net Margins Return on Equity Return on Assets
PS International GroupN/A N/A N/A
Forward Air -11.37%-19.49%-0.66%

29.7% of PS International Group shares are owned by institutional investors. Comparatively, 97.0% of Forward Air shares are owned by institutional investors. 69.0% of PS International Group shares are owned by company insiders. Comparatively, 15.7% of Forward Air shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

Forward Air beats PS International Group on 7 of the 12 factors compared between the two stocks.

How does Forward Air compare to Freightos?

Forward Air (NASDAQ:FWRD) and Freightos (NASDAQ:CRGO) are both small-cap industrials companies, but which is the better stock? We will contrast the two businesses based on the strength of their profitability, media sentiment, valuation, risk, dividends, analyst recommendations, institutional ownership and earnings.

Forward Air has a net margin of -11.37% compared to Freightos' net margin of -56.24%. Forward Air's return on equity of -19.49% beat Freightos' return on equity.

Company Net Margins Return on Equity Return on Assets
Forward Air-11.37% -19.49% -0.66%
Freightos -56.24%-41.63%-27.70%

Forward Air has a beta of 1.41, suggesting that its stock price is 41% more volatile than the broader market. Comparatively, Freightos has a beta of 0.41, suggesting that its stock price is 59% less volatile than the broader market.

Forward Air presently has a consensus target price of $26.00, suggesting a potential upside of 59.74%. Freightos has a consensus target price of $3.00, suggesting a potential upside of 211.85%. Given Freightos' higher probable upside, analysts plainly believe Freightos is more favorable than Forward Air.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Forward Air
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40
Freightos
1 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Forward Air$2.50B0.21-$107.80M-$8.90N/A
Freightos$29.46M1.68-$17.52M-$0.33N/A

In the previous week, Forward Air had 6 more articles in the media than Freightos. MarketBeat recorded 6 mentions for Forward Air and 0 mentions for Freightos. Forward Air's average media sentiment score of 0.26 beat Freightos' score of 0.00 indicating that Forward Air is being referred to more favorably in the media.

Company Overall Sentiment
Forward Air Neutral
Freightos Neutral

97.0% of Forward Air shares are held by institutional investors. Comparatively, 22.7% of Freightos shares are held by institutional investors. 15.7% of Forward Air shares are held by company insiders. Comparatively, 19.6% of Freightos shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Forward Air beats Freightos on 11 of the 16 factors compared between the two stocks.

How does Forward Air compare to New Century Logistics (BVI)?

New Century Logistics (BVI) (NASDAQ:NCEW) and Forward Air (NASDAQ:FWRD) are both small-cap industrials companies, but which is the superior business? We will contrast the two businesses based on the strength of their media sentiment, risk, institutional ownership, valuation, profitability, earnings, analyst recommendations and dividends.

Forward Air has a consensus target price of $26.00, suggesting a potential upside of 59.74%. Given Forward Air's stronger consensus rating and higher possible upside, analysts plainly believe Forward Air is more favorable than New Century Logistics (BVI).

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
New Century Logistics (BVI)
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00
Forward Air
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

In the previous week, Forward Air had 6 more articles in the media than New Century Logistics (BVI). MarketBeat recorded 6 mentions for Forward Air and 0 mentions for New Century Logistics (BVI). Forward Air's average media sentiment score of 0.26 beat New Century Logistics (BVI)'s score of 0.00 indicating that Forward Air is being referred to more favorably in the news media.

Company Overall Sentiment
New Century Logistics (BVI) Neutral
Forward Air Neutral

New Century Logistics (BVI) has a beta of -2.63, indicating that its share price is 363% less volatile than the broader market. Comparatively, Forward Air has a beta of 1.41, indicating that its share price is 41% more volatile than the broader market.

New Century Logistics (BVI) has a net margin of 0.00% compared to Forward Air's net margin of -11.37%. New Century Logistics (BVI)'s return on equity of 0.00% beat Forward Air's return on equity.

Company Net Margins Return on Equity Return on Assets
New Century Logistics (BVI)N/A N/A N/A
Forward Air -11.37%-19.49%-0.66%

97.0% of Forward Air shares are owned by institutional investors. 15.7% of Forward Air shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

New Century Logistics (BVI) has higher earnings, but lower revenue than Forward Air.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
New Century Logistics (BVI)$44.08M1.41-$10.67MN/AN/A
Forward Air$2.50B0.21-$107.80M-$8.90N/A

Summary

Forward Air beats New Century Logistics (BVI) on 9 of the 14 factors compared between the two stocks.

How does Forward Air compare to BingEx?

Forward Air (NASDAQ:FWRD) and BingEx (NASDAQ:FLX) are both small-cap industrials companies, but which is the superior investment? We will contrast the two businesses based on the strength of their institutional ownership, media sentiment, dividends, analyst recommendations, earnings, risk, profitability and valuation.

Forward Air presently has a consensus price target of $26.00, indicating a potential upside of 59.74%. Given Forward Air's stronger consensus rating and higher probable upside, equities research analysts clearly believe Forward Air is more favorable than BingEx.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Forward Air
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40
BingEx
1 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.00

In the previous week, Forward Air had 5 more articles in the media than BingEx. MarketBeat recorded 6 mentions for Forward Air and 1 mentions for BingEx. BingEx's average media sentiment score of 1.86 beat Forward Air's score of 0.26 indicating that BingEx is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Forward Air
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
BingEx
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Forward Air$2.50B0.21-$107.80M-$8.90N/A
BingEx$570.86M0.15$15.65M-$0.01N/A

Forward Air has a beta of 1.41, indicating that its share price is 41% more volatile than the broader market. Comparatively, BingEx has a beta of 0.6, indicating that its share price is 40% less volatile than the broader market.

BingEx has a net margin of -0.33% compared to Forward Air's net margin of -11.37%. BingEx's return on equity of 10.13% beat Forward Air's return on equity.

Company Net Margins Return on Equity Return on Assets
Forward Air-11.37% -19.49% -0.66%
BingEx -0.33%10.13%6.64%

97.0% of Forward Air shares are owned by institutional investors. 15.7% of Forward Air shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Summary

Forward Air beats BingEx on 10 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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.
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FWRD vs. The Competition

MetricForward AirAir Freight & Logistics IndustryIndustrials SectorNASDAQ Exchange
Market Cap$511.30M$9.18B$10.28B$13.27B
Dividend YieldN/A3.15%96.75%15.88%
P/E Ratio-1.8211.5425.4526.15
Price / Sales0.216.61274.4493.06
Price / Cash7.0924.3523.8251.25
Price / Book3.152.094.826.34
Net Income-$107.80M$624.65M$616.98M$361.18M
7 Day Performance10.80%-0.99%-0.72%-1.17%
1 Month Performance1.85%-0.65%-1.63%-3.40%
1 Year Performance-31.90%-11.64%3.24%3.28%

Forward Air Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FWRD
Forward Air
2.6387 of 5 stars
$16.28
+5.0%
$26.00
+59.7%
-37.9%$511.30M$2.50BN/A6,062
AIRT
Air T
1.1643 of 5 stars
$31.92
+3.0%
N/A+29.1%$83.13M$371.68M1.351,666
PSIG
PS International Group
1.1081 of 5 stars
$4.36
+5.1%
N/A+14.7%$63.81MN/AN/A28
CRGO
Freightos
2.6125 of 5 stars
$1.06
-5.4%
$3.00
+183.0%
-74.3%$57.54M$29.46MN/A382
NCEW
New Century Logistics (BVI)
N/A$19.24
+11.7%
N/A+242.0%$55.10M$44.08MN/A39

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This page (NASDAQ:FWRD) was last updated on 10/2/2026 by MarketBeat.com Staff.
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