Forward Air downgraded by Wolfe Research with a new price target
$FWRD
Oil Refining/Marketing
Consumer Discretionary
Wolfe Research downgraded Forward Air from Peer Perform to Underperform and set a new price target of $80.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/28/2024 | Underperform → Peer Perform | Wolfe Research | |
| 1/10/2024 | Peer Perform → Underperform | Wolfe Research | |
| 8/29/2023 | $110.00 → $85.00 | Hold → Buy | Jefferies |
| 8/28/2023 | Underperform → Peer Perform | Wolfe Research | |
| 8/15/2023 | $130.00 → $80.00 | Outperform → Neutral | Robert W. Baird |
| 8/11/2023 | $127.00 → $103.00 | Buy → Hold | Stifel |
| 8/11/2023 | $80.00 | Peer Perform → Underperform | Wolfe Research |
| 8/11/2023 | Strong Buy → Mkt Perform | Raymond James |
SC 13G/A - FORWARD AIR CORP (0000912728) (Subject)
SC 13G/A - FORWARD AIR CORP (0000912728) (Subject)
SC 13D - FORWARD AIR CORP (0000912728) (Subject)
Wolfe Research upgraded Forward Air from Underperform to Peer Perform
Wolfe Research downgraded Forward Air from Peer Perform to Underperform
Jefferies upgraded Forward Air from Hold to Buy and set a new price target of $85.00 from $110.00 previously
3 - FORWARD AIR CORP (0000912728) (Issuer)
4 - FORWARD AIR CORP (0000912728) (Issuer)
3 - FORWARD AIR CORP (0000912728) (Issuer)
Amends Senior Secured Term Loan Credit Agreement Implements Initial Phase of Transformation Strategy, Reducing Annual Operational Expenditures by Approximately $20 Million Reaffirms Full Year 2024 Consolidated EBITDA Guidance of $300 Million to $310 Million Forward Air Corporation (NASDAQ:FWRD) (the "Company" or "Forward") today announced that its Board of Directors has initiated a comprehensive review of strategic alternatives to maximize shareholder value. The Board will consider a range of options, including a potential sale, merger or other strategic or financial transaction relative to the long-term value potential of the Company on a standalone basis. George Mayes, Independent
Forward Air Corporation (NASDAQ:FWRD) ("Forward") announced today the release of its updated Environmental, Social and Governance (ESG) report, providing a detailed overview of its ESG commitments, goals and progress. The 2024 ESG report includes data that is aligned with the Sustainability Accounting Standards Board, Task Force on Climate-Related Financial Disclosures and Global Reporting Initiative guidance. The report and ESG website are accessible through Forward's investor relations site here. Shawn Stewart, Chief Executive Officer, said, "We remain focused on doing the right thing for our people, our customers, our communities and the environment. Whether it's supporting an inclus
Forward Air Corporation (NASDAQ:FWRD) (the "Company" or "Forward") hosted the third annual Drive for Hope Golf Tournament November 11-12 at Chateau Elan Winery & Resort in Braselton, GA. Through its charitable platform, Operation Forward Freedom, the Company raised $350,000 to benefit Hope For The Warriors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241122287807/en/Forward Air Raised $350,000 for Hope For The Warriors at the Drive For Hope Golf Tournament (Photo: Business Wire) Founded in 2006, Hope For The Warriors is a national nonprofit dedicated to restoring a foundation of stability, strength and community for post-9/11
424B3 - FORWARD AIR CORP (0000912728) (Filer)
8-K - FORWARD AIR CORP (0000912728) (Filer)
424B3 - FORWARD AIR CORP (0000912728) (Filer)
Focus pivoting from completing Omni integration and capturing cost synergies to global transformation Stronger cash flow from operations led to increase in liquidity Announces addition of new Chief Commercial Officer Forward Air Corporation (NASDAQ:FWRD) (the "Company", "we", "our", or "us") today reported financial results for the three months ended September 30, 2024, as presented in the tables below on a continuing operations basis, with the Company's former Final Mile business being reported as discontinued operations. "Our team continues to focus on harnessing the power of the combined legacy Forward and Omni companies as we begin the transition from integration to transformation a
Forward Air Corporation (NASDAQ:FWRD) ("Forward" or the "Company") will release its third quarter 2024 earnings after the market closes on Monday, November 4, 2024, and hold a conference call to discuss those results at 4:30 p.m. ET. The Company's conference call will be available online on the Investor Relations portion of the Company's website at ir.forwardaircorp.com or by dialing (800) 225-9448, Access Code: FWRDQ324. A conference call replay will be available on the Investor Relations portion of the Company's website at ir.forwardaircorp.com shortly after the call is completed. About Forward Air Corporation Forward Air is a leading asset-light provider of transportation services acro
Believes the Board Must Engage with Prospective Buyers Following a "Lost Decade" Defined by Overwhelmingly Negative TSR and Significant Underperformance Across 1-, 3-, 5- and 10-Year Periods Contends the Private Market is the Best Place for Forward Air to Fix Balance Sheet Issues, Improve Operations, and Serve Customers and Other Stakeholders Expects a Sale to Deliver Meaningful Premiums Relative to the Company's Current and Unaffected Share Prices, While Eliminating Further Risk for Long-Suffering Shareholders Ancora Holdings Group, LLC (collectively with its affiliates, "Ancora" or "we") today issued the below open letter to the Board of Directors (the "Board") of Forward Air Corpor
Forward Air Corporation (NASDAQ:FWRD) (the "Company" or "Forward") hosted the third annual Drive for Hope Golf Tournament November 11-12 at Chateau Elan Winery & Resort in Braselton, GA. Through its charitable platform, Operation Forward Freedom, the Company raised $350,000 to benefit Hope For The Warriors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241122287807/en/Forward Air Raised $350,000 for Hope For The Warriors at the Drive For Hope Golf Tournament (Photo: Business Wire) Founded in 2006, Hope For The Warriors is a national nonprofit dedicated to restoring a foundation of stability, strength and community for post-9/11
Forward Air Corporation (NASDAQ:FWRD) (the "Company" or "Forward") today announced that Eric Brandt has joined the Company as Chief Commercial Officer to lead its strategic growth plan and business development efforts. Mr. Brandt brings a strong track record of driving profitable growth in the logistics space, holding leadership roles at Agility, Panalpina, Kraft Foods and most recently, CEVA Logistics, where he served as Executive Vice President of Business Development. He will lead the combined company's commercial strategy and accelerate its ongoing mission of sustainable long-term growth. Shawn Stewart, Chief Executive Officer, said, "Eric will be a key player in launching the combine
Forward Air Corporation (NASDAQ:FWRD) (the "Company") today issued the following statement: The Forward Air Board of Directors and management acknowledge and value the perspectives of the Company's shareholders. The Company has recently undergone a significant transformation, including substantially refreshing its Board and management team, and is focused on continuing to provide industry leading service and executing its strategic plan with a renewed sense of continuous improvement, transparency and accountability. The refreshed Board and management team are actively analyzing the business and strategy to ensure the Company pursues the best path forward to enhance shareholder value. Forw