Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• Analyst sentiment is moderately bullish: Twenty-one brokerages give Knight-Swift Transportation an average “Moderate Buy” rating, with an average 12-month price target of $84.26.
• Quarterly results exceeded expectations: The company reported earnings of $0.63 per share versus the $0.51 consensus estimate, while revenue rose 12.6% year over year to $2.10 billion.
• Dividend and insider activity: Knight-Swift declared a quarterly dividend of $0.20 per share, representing a 1.2% yield, while insiders sold more than $16.1 million of stock over the past 90 days.

Shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Get Free Report) have been given an average recommendation of "Moderate Buy" by the twenty-one ratings firms that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $84.2632.

Several research firms have recently issued reports on KNX. The Goldman Sachs Group boosted their target price on Knight-Swift Transportation from $65.00 to $86.00 and gave the company a "buy" rating in a research note on Tuesday, June 23rd. Stifel Nicolaus raised their price target on Knight-Swift Transportation from $85.00 to $88.00 and gave the stock a "buy" rating in a research note on Thursday, July 23rd. TD Cowen lifted their price target on shares of Knight-Swift Transportation from $82.00 to $86.00 and gave the company a "buy" rating in a report on Thursday, July 23rd. Weiss Ratings reissued a "hold (c-)" rating on shares of Knight-Swift Transportation in a research report on Monday, July 13th. Finally, Benchmark upped their price objective on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the stock a "buy" rating in a report on Thursday, July 9th.

Knight-Swift Transportation Price Performance

KNX stock opened at $66.70 on Friday. The stock has a market capitalization of $10.86 billion, a price-to-earnings ratio of 256.55, a PEG ratio of 0.55 and a beta of 1.18. The firm's 50-day moving average price is $70.64 and its two-hundred day moving average price is $68.16. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.32. Knight-Swift Transportation has a 12-month low of $38.63 and a 12-month high of $82.86.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.51 by $0.12. The company had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.05 billion. Knight-Swift Transportation had a net margin of 0.56% and a return on equity of 3.51%. Knight-Swift Transportation's revenue for the quarter was up 12.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.21 earnings per share. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. As a group, equities analysts predict that Knight-Swift Transportation will post 2.49 earnings per share for the current year.

Knight-Swift Transportation Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 21st. Stockholders of record on Friday, September 4th will be paid a dividend of $0.20 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.2%. Knight-Swift Transportation's payout ratio is presently 307.69%.

Insider Activity at Knight-Swift Transportation

In other Knight-Swift Transportation news, CAO Cary M. Flanagan sold 3,600 shares of Knight-Swift Transportation stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $70.82, for a total transaction of $254,952.00. Following the sale, the chief accounting officer directly owned 5,405 shares of the company's stock, valued at approximately $382,782.10. The trade was a 39.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Reid Dove sold 126,864 shares of the company's stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $73.13, for a total value of $9,277,564.32. The disclosure for this sale is available in the SEC filing. Insiders have sold 224,954 shares of company stock worth $16,183,454 over the last 90 days. 2.90% of the stock is owned by company insiders.

Institutional Investors Weigh In On Knight-Swift Transportation

Several hedge funds have recently made changes to their positions in KNX. WINTON GROUP Ltd purchased a new stake in shares of Knight-Swift Transportation in the 4th quarter worth approximately $6,551,000. Pzena Investment Management LLC purchased a new position in Knight-Swift Transportation during the fourth quarter valued at $66,151,000. California Public Employees Retirement System raised its stake in Knight-Swift Transportation by 3.1% during the first quarter. California Public Employees Retirement System now owns 291,883 shares of the transportation company's stock valued at $16,807,000 after buying an additional 8,653 shares during the last quarter. First Trust Advisors LP boosted its holdings in Knight-Swift Transportation by 36.1% in the first quarter. First Trust Advisors LP now owns 523,801 shares of the transportation company's stock worth $30,160,000 after acquiring an additional 138,949 shares in the last quarter. Finally, Great Lakes Advisors LLC bought a new stake in Knight-Swift Transportation in the second quarter worth $8,790,000. 88.77% of the stock is currently owned by institutional investors.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, less-than-truckload shipping, intermodal services and logistics solutions for commercial and industrial customers.

The company operates a large fleet of tractors and trailers and offers dedicated and irregular-route truckload services, freight brokerage and supply-chain support. Its less-than-truckload business transports smaller shipments through regional and national networks, while its intermodal operations combine rail and highway transportation.

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