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Stock Market & Financial Investment News

News Breaks
March 24, 2014
08:32 EDTFWRDForward Air shares poised to outperform, says RBC Capital
RBC Capital predicts that Forward Air's earnings growth will continue to outpace that of most of the other transportation companies covered by the firm. The firm predicts that the earnings of the companies recently acquired by Forward Air will rise significantly in the next few years. RBC Capital raised its price target on the shares to $55 from $49 and keeps an Outperform rating on the stock.
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February 11, 2016
07:53 EDTFWRDForward Air risk/reward 'too favorable to ignore,' says Stephens
Stephens analyst Jack Atkins noted that Forward Air's core Airport-to-Airport segment had about $3M in unusual costs that weighed on margins. Despite the company's Q4 miss, Atkins said he still "firmly believes" in the earnings power in its business model and views the risk/reward at current levels as "simply too favorable to ignore." The analyst trimmed his price target to $50 from $53 and keeps an Overweight rating on the stock.
February 9, 2016
16:11 EDTFWRDForward Air sees Q1 EPS 41c-45c, consensus 45c
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16:09 EDTFWRDForward Air reports Q4 EPS 75c, consensus 64c
Reports Q4 revenue $256.4M, consensus $258.4M.
07:16 EDTFWRDStifel to hold a conference
Transportation and Logistics Conference is being held in Key Biscayne, Florida on February 9-10.

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