Zacks Research Issues Pessimistic Estimate for KNX Earnings

Key Points

• Zacks cut its Q4 2026 EPS estimate for Knight-Swift Transportation to $0.79 from $0.81 and maintained a Hold rating.
• Zacks raised its longer-term forecasts, projecting FY2027 EPS of $3.66 and FY2028 EPS of $5.01; the current full-year consensus estimate cited in the article is $2.45 per share.
• Knight-Swift’s latest reported quarter beat estimates, with EPS of $0.83 versus $0.76 expected and revenue of $2.20 billion, up 14.2% year over year.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) - Equities research analysts at Zacks Research reduced their Q4 2026 earnings per share estimates for Knight-Swift Transportation in a research report issued on Wednesday, November 4th. Zacks Research analyst Team now expects that the transportation company will post earnings per share of $0.79 for the quarter, down from their prior estimate of $0.81. Zacks Research currently 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 analysts have also issued research reports about the stock. Bank of America lowered their price objective 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. Citizens Jmp began coverage on shares of Knight-Swift Transportation in a research note on Wednesday, July 15th. They issued a "market outperform" rating and a $90.00 target price on the stock. Stephens raised shares of Knight-Swift Transportation to a "strong-buy" rating in a research report on Wednesday, July 8th. Citigroup restated a "market outperform" rating on shares of Knight-Swift Transportation in a research note on Thursday, October 22nd. Finally, Benchmark lifted their price target 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. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $83.22.

Knight-Swift Transportation Price Performance

KNX opened at $62.40 on Thursday. The firm has a market cap of $10.16 billion, a P/E ratio of 67.09, a PEG ratio of 0.52 and a beta of 1.20. The firm has a 50-day moving average of $65.35 and a 200 day moving average of $66.02. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.91 and a current ratio of 0.91. Knight-Swift Transportation has a fifty-two week low of $41.24 and a fifty-two week high of $82.86.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last announced its earnings results on Wednesday, October 21st. The transportation company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.07. The firm had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.16 billion. Knight-Swift Transportation had a return on equity of 4.71% and a net margin of 1.92%. The business's revenue was up 14.2% compared to the same quarter last year. During the same period last year, the firm posted $0.32 EPS.

Hedge Funds Weigh In On Knight-Swift Transportation

A number of large investors have recently made changes to their positions in KNX. MCF Advisors LLC raised its position in shares of Knight-Swift Transportation by 55.8% in the second quarter. MCF Advisors LLC now owns 676 shares of the transportation company's stock worth $53,000 after buying an additional 242 shares in the last quarter. Provenance Wealth Advisors LLC purchased a new position in Knight-Swift Transportation during the third quarter worth about $53,000. Heritage Family Offices LLP purchased a new position in Knight-Swift Transportation during the third quarter worth about $66,000. Root Financial Partners LLC bought a new position in Knight-Swift Transportation in the 3rd quarter worth about $94,000. Finally, Bessemer Group Inc. increased its stake in Knight-Swift Transportation by 280.2% in the 1st quarter. Bessemer Group Inc. now owns 2,129 shares of the transportation company's stock worth $122,000 after acquiring an additional 1,569 shares during the last quarter. 88.77% of the stock is owned by institutional investors.

Insider Activity at Knight-Swift Transportation

In related news, Director David Vander Ploeg sold 2,200 shares of Knight-Swift Transportation stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $52.33, for a total value of $115,126.00. Following the completion of the transaction, the director directly owned 30,252 shares in the company, valued at approximately $1,583,087.16. The trade was a 6.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Reid Dove sold 126,864 shares of the business's stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $73.13, for a total transaction of $9,277,564.32. The SEC filing for this sale provides additional information. In the last three months, insiders sold 171,354 shares of company stock worth $12,416,002. Insiders own 2.90% of the company's stock.

Key Knight-Swift Transportation News

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.

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