Zacks Research Brokers Decrease Earnings Estimates for KNX

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) – Equities research analysts at Zacks Research dropped their Q4 2026 EPS estimates for shares of Knight-Swift Transportation in a report issued on Wednesday, November 4th. Zacks Research analyst Team now forecasts that the transportation company will post earnings of $0.79 per share for the quarter, down from their prior forecast of $0.81. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Knight-Swift Transportation’s current full-year earnings is $2.45 per share. Zacks Research also issued estimates for Knight-Swift Transportation’s Q1 2027 earnings at $0.72 EPS, Q2 2027 earnings at $0.84 EPS, Q3 2027 earnings at $1.04 EPS, Q4 2027 earnings at $1.05 EPS, FY2027 earnings at $3.66 EPS, Q1 2028 earnings at $0.48 EPS, Q2 2028 earnings at $1.10 EPS, Q3 2028 earnings at $2.02 EPS and FY2028 earnings at $5.01 EPS.

Other research analysts have also recently issued reports about the stock. Bank of America reduced their price target on shares of Knight-Swift Transportation from $98.00 to $92.00 and set a “buy” rating on the stock in a research report on Wednesday, September 23rd. Sanford C. Bernstein assumed coverage on Knight-Swift Transportation in a research report on Thursday, September 10th. They issued an “outperform” rating and a $91.00 price objective on the stock. Wall Street Zen raised Knight-Swift Transportation from a “hold” rating to a “buy” rating in a research note on Saturday, October 31st. Stephens upgraded Knight-Swift Transportation to a “strong-buy” rating in a report on Wednesday, July 8th. Finally, TD Cowen raised their price target on Knight-Swift Transportation from $82.00 to $86.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $83.22.

Knight-Swift Transportation Stock Performance

NYSE KNX opened at $62.40 on Thursday. Knight-Swift Transportation has a 52-week low of $41.24 and a 52-week high of $82.86. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market capitalization of $10.16 billion, a P/E ratio of 67.09, a P/E/G ratio of 0.52 and a beta of 1.20. The company has a fifty day moving average of $65.35 and a 200-day moving average of $66.02.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings results on Wednesday, October 21st. The transportation company reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.07. The firm had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.16 billion. Knight-Swift Transportation had a net margin of 1.92% and a return on equity of 4.71%. The business’s revenue for the quarter was up 14.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.32 EPS.

Insider Activity

In related news, CEO Reid Dove sold 126,864 shares of the stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $73.13, for a total value of $9,277,564.32. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director David Vander Ploeg sold 2,200 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $52.33, for a total transaction of $115,126.00. Following the completion of the transaction, the director directly owned 30,252 shares of the company’s stock, valued at approximately $1,583,087.16. The trade was a 6.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 171,354 shares of company stock worth $12,416,002 in the last quarter. 2.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in KNX. New York Life Investment Management LLC lifted its stake in shares of Knight-Swift Transportation by 13.1% in the 3rd quarter. New York Life Investment Management LLC now owns 23,164 shares of the transportation company’s stock valued at $1,473,000 after purchasing an additional 2,686 shares during the period. AlphaCore Capital LLC grew its stake in Knight-Swift Transportation by 127.5% in the third quarter. AlphaCore Capital LLC now owns 6,977 shares of the transportation company’s stock worth $444,000 after purchasing an additional 3,910 shares during the period. Retirement Systems of Alabama grew its stake in Knight-Swift Transportation by 23.9% in the third quarter. Retirement Systems of Alabama now owns 326,317 shares of the transportation company’s stock worth $20,750,000 after purchasing an additional 63,037 shares during the period. Brighton Jones LLC raised its holdings in Knight-Swift Transportation by 8.1% in the third quarter. Brighton Jones LLC now owns 11,126 shares of the transportation company’s stock worth $708,000 after purchasing an additional 831 shares in the last quarter. Finally, Parallel Advisors LLC raised its holdings in Knight-Swift Transportation by 5.5% in the third quarter. Parallel Advisors LLC now owns 4,990 shares of the transportation company’s stock worth $317,000 after purchasing an additional 262 shares in the last quarter. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Knight-Swift Transportation News Roundup

Here are the key news stories impacting Knight-Swift Transportation this week:

• Positive Sentiment: Zacks raised its FY2027 EPS forecast to $3.66 from $3.40 and its FY2028 forecast to $5.01 from $4.78. It also increased estimates for several quarters spanning 2027 and 2028, suggesting improved earnings expectations over the longer term.
• Neutral Sentiment: Zacks kept its rating at Hold. These are one research firm’s estimates, not a change to the cited $2.45 consensus forecast for the current fiscal year.
• Negative Sentiment: The firm lowered its Q4 2026 EPS estimate to $0.79 from $0.81, a modest near-term offset to the broader upward revisions.

Knight-Swift Transportation Company Profile

Knight-Swift Transportation Holdings Inc is a transportation and logistics company that provides freight services across North America. The company operates one of the largest truckload fleets in the United States and serves a broad range of industries through its network of company-owned equipment, independent contractors, terminals and distribution facilities.

Its services include dry-van, refrigerated and flatbed truckload transportation; dedicated and expedited delivery; less-than-truckload shipping; freight brokerage; intermodal transportation; cross-border logistics; and warehousing and other supply-chain services.