Knight-Swift Transportation Holdings Inc. (NYSE:KNX – Get Free Report) EVP Michael Liu sold 3,420 shares of Knight-Swift Transportation stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $43.41, for a total transaction of $148,462.20. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Knight-Swift Transportation Stock Performance
Shares of NYSE KNX opened at $43.13 on Friday. The company has a market cap of $7.00 billion, a PE ratio of 42.28, a price-to-earnings-growth ratio of 0.65 and a beta of 1.19. Knight-Swift Transportation Holdings Inc. has a 12 month low of $36.69 and a 12 month high of $61.51. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.89 and a quick ratio of 0.89. The company has a 50-day simple moving average of $44.25 and a 200-day simple moving average of $43.99.
Knight-Swift Transportation (NYSE:KNX – Get Free Report) last issued its quarterly earnings results on Wednesday, July 23rd. The transportation company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. The business had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.87 billion. Knight-Swift Transportation had a net margin of 2.22% and a return on equity of 3.03%. The company’s quarterly revenue was up .8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.24 earnings per share. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. On average, equities analysts anticipate that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current year.
Knight-Swift Transportation Announces Dividend
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on KNX. Wells Fargo & Company lifted their price target on shares of Knight-Swift Transportation from $46.00 to $50.00 and gave the stock an “overweight” rating in a report on Wednesday, May 28th. Robert W. Baird lifted their price target on shares of Knight-Swift Transportation from $55.00 to $60.00 and gave the stock an “outperform” rating in a report on Friday, July 25th. Bank of America boosted their target price on shares of Knight-Swift Transportation from $47.00 to $49.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. UBS Group downgraded shares of Knight-Swift Transportation from a “buy” rating to a “neutral” rating and boosted their target price for the company from $46.00 to $51.00 in a report on Friday. Finally, JPMorgan Chase & Co. boosted their target price on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the company a “neutral” rating in a report on Thursday, July 24th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $54.19.
Get Our Latest Research Report on Knight-Swift Transportation
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of KNX. Jane Street Group LLC lifted its position in Knight-Swift Transportation by 32.6% during the fourth quarter. Jane Street Group LLC now owns 92,677 shares of the transportation company’s stock valued at $4,916,000 after buying an additional 22,770 shares in the last quarter. Benjamin Edwards Inc. lifted its position in Knight-Swift Transportation by 3.3% during the fourth quarter. Benjamin Edwards Inc. now owns 6,687 shares of the transportation company’s stock valued at $355,000 after buying an additional 216 shares in the last quarter. Bank of America Corp DE lifted its position in Knight-Swift Transportation by 8.4% during the fourth quarter. Bank of America Corp DE now owns 834,815 shares of the transportation company’s stock valued at $44,279,000 after buying an additional 64,463 shares in the last quarter. Baird Financial Group Inc. lifted its position in Knight-Swift Transportation by 5.8% during the fourth quarter. Baird Financial Group Inc. now owns 102,985 shares of the transportation company’s stock valued at $5,462,000 after buying an additional 5,628 shares in the last quarter. Finally, Bridgefront Capital LLC acquired a new position in Knight-Swift Transportation during the fourth quarter valued at approximately $229,000. 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.
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