Knight-Swift Transportation (KNX) Projected to Post Earnings on Wednesday

Knight-Swift Transportation (NYSE:KNX - Get Free Report) is expected to issue its Q2 2025 quarterly earnings data after the market closes on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.34 per share and revenue of $1.87 billion for the quarter. Knight-Swift Transportation has set its Q2 2025 guidance at 0.300-0.380 EPS.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last released its quarterly earnings data on Wednesday, April 23rd. The transportation company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.25 by $0.03. Knight-Swift Transportation had a return on equity of 2.79% and a net margin of 2.04%. The company had revenue of $1.82 billion during the quarter, compared to analysts' expectations of $1.83 billion. During the same period last year, the firm posted $0.12 earnings per share. The business's revenue was up 1.3% on a year-over-year basis. On average, analysts expect Knight-Swift Transportation to post $2 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Knight-Swift Transportation Stock Performance

Shares of KNX traded down $0.96 during mid-day trading on Friday, reaching $44.64. The company's stock had a trading volume of 2,099,722 shares, compared to its average volume of 2,413,549. The stock has a market cap of $7.23 billion, a P/E ratio of 47.49, a PEG ratio of 0.68 and a beta of 1.17. The business has a 50-day simple moving average of $44.84 and a two-hundred day simple moving average of $46.99. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.30. Knight-Swift Transportation has a 1-year low of $36.69 and a 1-year high of $61.51.

Knight-Swift Transportation Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 23rd. Investors of record on Monday, June 9th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, June 9th. This represents a $0.72 annualized dividend and a yield of 1.61%. Knight-Swift Transportation's payout ratio is currently 76.60%.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Barclays dropped their price target on Knight-Swift Transportation from $58.00 to $55.00 and set an "overweight" rating for the company in a report on Thursday, July 10th. Robert W. Baird assumed coverage on Knight-Swift Transportation in a report on Tuesday, July 1st. They issued an "outperform" rating and a $55.00 price objective for the company. UBS Group dropped their price objective on Knight-Swift Transportation from $63.00 to $46.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. TD Securities dropped their price objective on Knight-Swift Transportation from $55.00 to $49.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Finally, TD Cowen dropped their price objective on Knight-Swift Transportation from $55.00 to $49.00 and set a "buy" rating for the company in a report on Thursday, April 24th. Five investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $53.06.

Institutional Investors Weigh In On Knight-Swift Transportation

A hedge fund recently raised its stake in Knight-Swift Transportation stock. Integrated Wealth Concepts LLC increased its position in shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) by 23.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,948 shares of the transportation company's stock after acquiring an additional 1,124 shares during the period. Integrated Wealth Concepts LLC's holdings in Knight-Swift Transportation were worth $259,000 at the end of the most recent reporting period. 88.77% of the stock is owned by hedge funds and other institutional investors.

About Knight-Swift Transportation

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.