Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Stock Has Consensus Target Price of $82.83 According to Brokerages

Key Points

• Analysts remain broadly positive: Knight-Swift Transportation has a “Moderate Buy” consensus from 20 brokerages, with an average 12-month price target of $82.83.
• Quarterly results exceeded expectations: The company reported $0.63 in EPS versus the $0.51 consensus estimate, while revenue rose 12.6% year over year to $2.10 billion.
• Ownership activity was mixed: Institutional investors own 88.77% of the stock, while insiders sold $16.18 million worth of shares over the past three months. The stock recently opened at $63.03, below the analyst consensus target.

Shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Get Free Report) have been assigned an average recommendation of "Moderate Buy" from the twenty brokerages that are presently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, fifteen have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $82.83.

Several research firms have issued reports on KNX. Citizens Jmp assumed coverage on Knight-Swift Transportation in a report on Wednesday, July 15th. They set a "market outperform" rating and a $90.00 price objective on the stock. The Goldman Sachs Group lifted 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. Stephens upgraded Knight-Swift Transportation to a "strong-buy" rating in a research report on Wednesday, July 8th. JPMorgan Chase & Co. dropped their target price on Knight-Swift Transportation from $84.00 to $68.00 and set a "neutral" rating for the company in a research report on Monday, October 5th. Finally, Zacks Research lowered Knight-Swift Transportation from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 31st.

Insider Buying and Selling

In other Knight-Swift Transportation news, Director David Vander Ploeg sold 2,200 shares of the company's stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $52.33, for a total transaction of $115,126.00. Following the transaction, the director directly owned 30,252 shares in the company, valued at approximately $1,583,087.16. This represents a 6.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Cary M. Flanagan sold 3,600 shares of the firm's stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $70.82, for a total transaction of $254,952.00. Following the completion of the transaction, the chief accounting officer directly owned 5,405 shares in the company, valued at $382,782.10. This trade represents a 39.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 224,954 shares of company stock worth $16,183,454 over the last three months. 2.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Knight-Swift Transportation

A number of institutional investors and hedge funds have recently modified their holdings of KNX. Dimensional Fund Advisors LP boosted its stake in Knight-Swift Transportation by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 8,458,088 shares of the transportation company's stock valued at $486,995,000 after acquiring an additional 60,750 shares during the last quarter. Manning & Napier Advisors LLC bought a new stake in Knight-Swift Transportation in the second quarter valued at approximately $173,669,000. Sei Investments Co. boosted its position in shares of Knight-Swift Transportation by 24.7% during the first quarter. Sei Investments Co. now owns 842,644 shares of the transportation company's stock worth $48,519,000 after purchasing an additional 166,919 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Knight-Swift Transportation by 38.9% during the first quarter. Principal Financial Group Inc. now owns 595,649 shares of the transportation company's stock worth $34,297,000 after purchasing an additional 166,668 shares in the last quarter. Finally, Baird Financial Group Inc. boosted its position in shares of Knight-Swift Transportation by 152.4% during the second quarter. Baird Financial Group Inc. now owns 426,026 shares of the transportation company's stock worth $33,175,000 after purchasing an additional 257,256 shares in the last quarter. 88.77% of the stock is owned by institutional investors.

Knight-Swift Transportation Price Performance

Shares of KNX stock opened at $63.03 on Wednesday. Knight-Swift Transportation has a 1 year low of $41.24 and a 1 year high of $82.86. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.32. The firm's 50 day moving average is $67.92 and its 200-day moving average is $69.30. The firm has a market capitalization of $10.26 billion, a price-to-earnings ratio of 242.42, a PEG ratio of 0.54 and a beta of 1.21.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share for the quarter, beating analysts' consensus estimates of $0.51 by $0.12. Knight-Swift Transportation had a net margin of 0.56% and a return on equity of 3.51%. The business had revenue of $2.10 billion during the quarter, compared to analyst estimates of $2.05 billion. During the same quarter last year, the business posted $0.21 earnings per share. Knight-Swift Transportation's revenue for the quarter was up 12.6% compared to the same quarter last year. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. Sell-side analysts forecast that Knight-Swift Transportation will post 2.46 EPS for the current fiscal year.

Knight-Swift Transportation Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 4th were given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Friday, September 4th. Knight-Swift Transportation's dividend payout ratio (DPR) is presently 307.69%.

Knight-Swift Transportation Company Profile

Knight-Swift Transportation Holdings Inc NYSE: KNX is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, less-than-truckload shipping, logistics and intermodal services, supporting the movement of consumer, industrial and other commercial goods.

The company operates a broad network of tractors, trailers, terminals and distribution facilities. Its truckload business provides dedicated and irregular-route services, while its less-than-truckload operations consolidate shipments from multiple customers.

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