FWRD vs. PWFL, CVLG, SB, HA, CLCO, SNCY, OSG, YELLQ, TK, and WLFC
Should you be buying Forward Air stock or one of its competitors? The main competitors of Forward Air include PowerFleet (PWFL), Covenant Logistics Group (CVLG), Safe Bulkers (SB), Hawaiian (HA), Cool (CLCO), Sun Country Airlines (SNCY), Overseas Shipholding Group (OSG), Yellow (YELLQ), Teekay (TK), and Willis Lease Finance (WLFC). These companies are all part of the "transportation" sector.
Forward Air (NASDAQ:FWRD) and PowerFleet (NASDAQ:PWFL) are both small-cap transportation companies, but which is the better stock? We will compare the two businesses based on the strength of their earnings, analyst recommendations, valuation, media sentiment, institutional ownership, dividends, community ranking, profitability and risk.
Forward Air received 285 more outperform votes than PowerFleet when rated by MarketBeat users. Likewise, 54.61% of users gave Forward Air an outperform vote while only 40.52% of users gave PowerFleet an outperform vote.
Forward Air has a beta of 1.06, indicating that its share price is 6% more volatile than the S&P 500. Comparatively, PowerFleet has a beta of 1.75, indicating that its share price is 75% more volatile than the S&P 500.
97.0% of Forward Air shares are owned by institutional investors. Comparatively, 73.4% of PowerFleet shares are owned by institutional investors. 1.3% of Forward Air shares are owned by company insiders. Comparatively, 3.8% of PowerFleet shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
Forward Air has a net margin of 4.08% compared to PowerFleet's net margin of -3.86%. Forward Air's return on equity of 5.37% beat PowerFleet's return on equity.
Forward Air has higher revenue and earnings than PowerFleet. PowerFleet is trading at a lower price-to-earnings ratio than Forward Air, indicating that it is currently the more affordable of the two stocks.
Forward Air currently has a consensus price target of $76.43, suggesting a potential upside of 396.29%. PowerFleet has a consensus price target of $8.43, suggesting a potential upside of 54.65%. Given Forward Air's higher possible upside, equities analysts clearly believe Forward Air is more favorable than PowerFleet.
In the previous week, Forward Air had 1 more articles in the media than PowerFleet. MarketBeat recorded 8 mentions for Forward Air and 7 mentions for PowerFleet. PowerFleet's average media sentiment score of 0.43 beat Forward Air's score of -0.36 indicating that PowerFleet is being referred to more favorably in the news media.
Summary
Forward Air beats PowerFleet on 12 of the 18 factors compared between the two stocks.
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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.
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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