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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Recs
Barely any compettion in its sector LTL- less than truck load transportation freight forwarder.
@Q earnings 41 cents, 14th consecutive q of growth. Revenues up 12%, improving margins 23%,$3 cash per share, trading at lower end of 5 year p/e ratio. Future looks positive a double in 2 years.