Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNXGet Free Report) have been given a consensus rating of “Moderate Buy” by the twenty research firms that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $55.2353.

Several research firms recently commented on KNX. Barclays cut their target price on shares of Knight-Swift Transportation from $55.00 to $50.00 and set an “overweight” rating for the company in a research note on Thursday, October 2nd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Knight-Swift Transportation in a research report on Monday. TD Cowen increased their target price on shares of Knight-Swift Transportation from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, December 9th. Stifel Nicolaus lifted their target price on Knight-Swift Transportation from $52.00 to $59.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, UBS Group cut Knight-Swift Transportation from a “buy” rating to a “neutral” rating and upped their price target for the company from $46.00 to $51.00 in a report on Friday, September 5th.

Read Our Latest Stock Report on KNX

Knight-Swift Transportation Stock Performance

KNX opened at $52.65 on Thursday. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.31. The stock’s 50 day moving average price is $46.34 and its two-hundred day moving average price is $44.45. The firm has a market capitalization of $8.55 billion, a P/E ratio of 59.83, a price-to-earnings-growth ratio of 1.06 and a beta of 1.17. Knight-Swift Transportation has a 12-month low of $36.69 and a 12-month high of $61.51.

Knight-Swift Transportation (NYSE:KNXGet Free Report) last issued its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.The business had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.91 billion. During the same quarter last year, the firm earned $0.34 earnings per share. The firm’s quarterly revenue was up 2.7% compared to the same quarter last year. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. On average, equities analysts forecast that Knight-Swift Transportation will post 2.13 earnings per share for the current year.

Knight-Swift Transportation Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 22nd. Investors of record on Friday, December 5th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Friday, December 5th. Knight-Swift Transportation’s dividend payout ratio (DPR) is 81.82%.

Insiders Place Their Bets

In other Knight-Swift Transportation news, Chairman Kevin P. Knight sold 35,000 shares of the business’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $51.01, for a total value of $1,785,350.00. Following the sale, the chairman owned 1,405,347 shares of the company’s stock, valued at $71,686,750.47. The trade was a 2.43% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Reed Stultz sold 4,692 shares of the stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $51.51, for a total transaction of $241,684.92. Following the completion of the transaction, the senior vice president owned 465 shares of the company’s stock, valued at approximately $23,952.15. This represents a 90.98% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 43,992 shares of company stock worth $2,220,707 over the last 90 days. Corporate insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Knight-Swift Transportation

Institutional investors have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. grew its stake in shares of Knight-Swift Transportation by 0.9% in the 3rd quarter. Victory Capital Management Inc. now owns 8,496,137 shares of the transportation company’s stock valued at $335,682,000 after purchasing an additional 76,342 shares during the period. Dimensional Fund Advisors LP boosted its stake in Knight-Swift Transportation by 1.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 8,267,687 shares of the transportation company’s stock valued at $326,664,000 after buying an additional 124,426 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Knight-Swift Transportation by 21.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 4,361,230 shares of the transportation company’s stock valued at $169,826,000 after acquiring an additional 765,833 shares during the period. Junto Capital Management LP raised its stake in Knight-Swift Transportation by 252.4% during the third quarter. Junto Capital Management LP now owns 2,262,145 shares of the transportation company’s stock worth $89,377,000 after acquiring an additional 1,620,224 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in Knight-Swift Transportation by 36.5% during the second quarter. AQR Capital Management LLC now owns 2,248,258 shares of the transportation company’s stock worth $99,440,000 after acquiring an additional 601,108 shares in the last quarter. 88.77% of the stock is owned by institutional investors and hedge funds.

Knight-Swift Transportation Company Profile

(Get Free Report)

Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.

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Analyst Recommendations for Knight-Swift Transportation (NYSE:KNX)

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