Singularity Future Technology (NASDAQ:SGLY) versus Forward Air (NASDAQ:FWRD) Financial Analysis


Forward Air (NASDAQ:FWRD – Get Rating) and Singularity Future Technology (NASDAQ:SGLY – Get Rating) are both carriers, but which company is better? We’ll compare the two companies based on valuation strength, earnings, analyst recommendations, institutional ownership, dividends, profitability and risk.

Insider and Institutional Ownership

97.7% of Forward Air shares are held by institutional investors. By comparison, 7.2% of Singularity Future Technology shares are held by institutional investors. 1.3% of Forward Air shares are held by insiders. By comparison, 10.2% of Singularity Future Technology’s shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds, and large money managers believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Forward Air and Singularity Future Technology, as provided by MarketBeat.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
Forward aerial 0 2 4 1 2.86
Singularity Future Technology 0 0 0 0 N / A

Forward Air currently has a consensus target price of $139.50, suggesting a potential upside of 48.88%. Considering Forward Air’s possible higher upside, stock analysts clearly believe that Forward Air is more favorable than Singularity Future Technology.

Valuation and benefits

This chart compares the gross revenue, earnings per share (EPS), and valuation of Forward Air and Singularity Future Technology.

Gross revenue Price/sales ratio Net revenue Earnings per share Price/earnings ratio
Forward aerial $1.66 billion 1.51 $105.86 million $5.02 18.67
Singularity Future Technology $5.15 million 18.27 -$6.82 million N / A N / A

Forward Air has higher revenue and profit than Singularity Future Technology.

Volatility and risk

Forward Air has a beta of 1.15, suggesting its stock price is 15% more volatile than the S&P 500. In comparison, Singularity Future Technology has a beta of 0.81, suggesting its stock price is 19 % less volatile than the S&P 500.

Profitability

This table compares the net margins, return on equity and return on assets of Forward Air and Singularity Future Technology.

Net margins Return on equity return on assets
Forward aerial 7.77% 24.69% 12.86%
Singularity Future Technology -336.03% -34.68% -29.36%

Summary

Forward Air beats Singularity Future Technology on 10 out of 12 factors compared between the two stocks.

Forward Airline Profile (Get an evaluation)

Forward Air Corporation, together with its subsidiaries, operates as a resource-light cargo and logistics company in the United States and Canada. It operates in two segments, expedited freight and intermodal. The Expedited Freight segment provides expedited regional, inter-regional and domestic LTL services; local pick-up and delivery services; and other services, which include last mile, truckload, shipment consolidation and deconsolidation, warehousing, customs brokerage and other handling services. This segment also offers expedited full truckload brokerage, a dedicated fleet, and high-security, temperature-controlled logistics services. The Intermodal segment provides intermodal container drayage services; and contract, and warehousing and handling services at container freight yards. It serves freight forwarders, third-party logistics companies, integrated air cargo carriers and passenger, passenger and cargo airlines, steamship lines and retailers. Forward Air Corporation was founded in 1981 and is headquartered in Greeneville, Tennessee.

Singularity Future Technology Company Profile (Get an evaluation)

Singularity Future Technology Ltd. develops solutions for interconnected AI networks in the revolutionary field of AI and Blockchain management and establishes crypto-mining pools. The Company also operates as a logistics and ship management services company. It serves clients worldwide with its shipping logistics and agency needs. The company was previously known as Sino-Global Shipping America, Ltd. and changed its name to Singularity Future Technology Ltd. in January 2022. Singularity Future Technology Ltd. was founded in 2001 and is headquartered in Great Neck, New York.



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Sarah J. Greer