Forward Air is an asset-light freight and logistics company. Co. provides less-than-truckload (LTL), final mile, truckload, intermodal drayage and pool distribution services. Co.'s services are classified into three reportable segments: Expedited Freight, which provides expedited regional, inter-regional and national LTL, final mile and truckload services; Intermodal, which provides first- and last-mile intermodal container drayage services both to and from seaports and railheads; and Pool Distribution, which provides pool distribution services through a network of terminals and service locations throughout the Mid-Atlantic, Southeast, Midwest and Southwest United States. We show 50 historical shares outstanding datapoints in our FWRD shares outstanding history coverage, used to compute FWRD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FWRD market cap history over the course of time is important for investors
interested in comparing FWRD's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of FWRD versus a peer is one thing; comparing
FWRD market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like FWRD can fluctuate over the course of history.
With this page we aim to empower investors researching FWRD by allowing them to research the FWRD market cap history. |
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Video: The Importance of Market Cap
