Stifel Nicolaus Forecasts Strong Price Appreciation for Knight-Swift Transportation (NYSE:KNX) Stock

Knight-Swift Transportation (NYSE:KNX) had its target price increased by equities research analysts at Stifel Nicolaus from $52.00 to $59.00 in a report issued on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the transportation company’s stock. Stifel Nicolaus’ price target suggests a potential upside of 12.06% from the company’s current price.

Several other research firms also recently issued reports on KNX. Weiss Ratings reiterated a “sell (d+)” rating on shares of Knight-Swift Transportation in a research note on Monday, December 8th. Benchmark reaffirmed a “buy” rating on shares of Knight-Swift Transportation in a research report on Friday, October 24th. Barclays lowered their price target on Knight-Swift Transportation from $55.00 to $50.00 and set an “overweight” rating for the company in a report on Thursday, October 2nd. Bank of America upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $41.00 to $50.00 in a research note on Thursday, October 16th. Finally, Susquehanna decreased their target price on Knight-Swift Transportation from $43.00 to $42.00 and set a “neutral” rating for the company in a research report on Thursday, October 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Knight-Swift Transportation has a consensus rating of “Moderate Buy” and an average price target of $55.24.

Knight-Swift Transportation Stock Performance

Knight-Swift Transportation stock opened at $52.65 on Tuesday. The stock’s 50-day moving average is $46.34 and its 200-day moving average is $44.45. The company has a market cap of $8.55 billion, a price-to-earnings ratio of 59.83, a price-to-earnings-growth ratio of 1.06 and a beta of 1.17. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.33 and a quick ratio of 1.33. Knight-Swift Transportation has a 12 month low of $36.69 and a 12 month high of $61.51.

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

Insider Buying and Selling at Knight-Swift Transportation

In other news, CAO Cary M. Flanagan sold 4,300 shares of the firm’s stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $45.04, for a total transaction of $193,672.00. Following the completion of the sale, the chief accounting officer owned 5,644 shares of the company’s stock, valued at approximately $254,205.76. This trade represents a 43.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Kevin P. Knight sold 35,000 shares of Knight-Swift Transportation stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $51.01, for a total transaction of $1,785,350.00. Following the completion of the sale, the chairman owned 1,405,347 shares of the company’s stock, valued at approximately $71,686,750.47. This trade represents a 2.43% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 43,992 shares of company stock worth $2,220,707 in the last 90 days. 3.00% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Washington Capital Management Inc. bought a new stake in Knight-Swift Transportation in the 2nd quarter valued at about $464,000. Entropy Technologies LP acquired a new stake in shares of Knight-Swift Transportation in the second quarter valued at approximately $1,232,000. Two Point Capital Management Inc. bought a new stake in shares of Knight-Swift Transportation during the second quarter valued at approximately $5,398,000. Allspring Global Investments Holdings LLC boosted its position in shares of Knight-Swift Transportation by 8.1% during the second quarter. Allspring Global Investments Holdings LLC now owns 3,595,397 shares of the transportation company’s stock worth $165,712,000 after buying an additional 268,761 shares during the period. Finally, Bank of Nova Scotia acquired a new position in shares of Knight-Swift Transportation during the second quarter worth approximately $5,563,000. 88.77% of the stock is owned by institutional investors and hedge funds.

Knight-Swift Transportation Company Profile

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.