Forward Air Corp (NASDAQ:FWRD)
CAPS Rating:
The Company is a provider of time-definite surface transportation and related logistics services to the North American deferred air freight market.
The Company is a provider of time-definite surface transportation and related logistics services to the North American deferred air freight market.
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From M-star... Forward Air has no rival with the same scale and service quality competing away its profits, and high barriers to entry insulate the company from potential entrants. Forward Air offers substantial cost savings compared with traditional air freight carriers, whose prices per pound of freight are 4-5 times higher. Fair Value Estimate $40.00
sure seems like it belongs closer to 40 (a tad above, actually) than just above 32! i'm a BUYER...