Knight-Swift Transportation (NYSE:KNX) Price Target Lowered to $42.00 at Susquehanna

Key Points

• Susquehanna has lowered its price target for Knight-Swift Transportation from $43.00 to $42.00, indicating a potential downside of 5.02%. The brokerage maintains a "neutral" rating on the stock.
• In contrast, Stifel Nicolaus raised its target price on Knight-Swift Transportation to $52.00 with a "buy" rating, while JPMorgan reduced its target to $48.00, reflecting a mixed outlook from analysts.
• Shares of Knight-Swift Transportation recently traded down 6.7%, with significant trading volume, showing increased volatility in the stock's performance.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) had its target price lowered by Susquehanna from $43.00 to $42.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a "neutral" rating on the transportation company's stock. Susquehanna's price objective indicates a potential downside of 5.02% from the company's current price.

Several other brokerages also recently commented on KNX. Stifel Nicolaus raised their target price on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a "buy" rating in a report on Thursday. JPMorgan Chase & Co. reduced their target price on shares of Knight-Swift Transportation from $52.00 to $48.00 and set a "neutral" rating for the company in a research note on Wednesday, October 8th. Wells Fargo & Company dropped their price target on Knight-Swift Transportation from $50.00 to $48.00 and set an "overweight" rating on the stock in a research note on Monday, October 6th. Morgan Stanley reduced their price objective on Knight-Swift Transportation from $68.00 to $67.00 and set an "overweight" rating for the company in a research report on Monday, October 6th. Finally, Robert W. Baird boosted their target price on Knight-Swift Transportation from $55.00 to $60.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, four have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $53.24.

Knight-Swift Transportation Trading Down 6.7%

Shares of Knight-Swift Transportation stock traded down $3.17 during trading on Thursday, reaching $44.22. 5,019,724 shares of the company were exchanged, compared to its average volume of 3,003,164. The firm has a market capitalization of $7.18 billion, a price-to-earnings ratio of 43.61, a P/E/G ratio of 0.82 and a beta of 1.14. Knight-Swift Transportation has a twelve month low of $36.69 and a twelve month high of $61.51. The business has a 50-day moving average price of $42.83 and a 200-day moving average price of $43.08. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.30.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last announced its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by ($0.06). The firm had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.91 billion. Knight-Swift Transportation had a return on equity of 3.03% and a net margin of 2.22%.The company's revenue for the quarter was up 2.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.34 earnings per share. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. Sell-side analysts anticipate that Knight-Swift Transportation will post 2.13 EPS for the current fiscal year.

Insider Activity at Knight-Swift Transportation

In other news, EVP Michael K. Liu sold 3,420 shares of the business's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $43.41, for a total transaction of $148,462.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 3.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Knight-Swift Transportation

Institutional investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC raised its stake in Knight-Swift Transportation by 668.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 34,743 shares of the transportation company's stock valued at $1,511,000 after acquiring an additional 30,219 shares during the period. State of Alaska Department of Revenue lifted its stake in shares of Knight-Swift Transportation by 2.8% during the 1st quarter. State of Alaska Department of Revenue now owns 18,968 shares of the transportation company's stock worth $824,000 after buying an additional 510 shares during the last quarter. Peregrine Capital Management LLC boosted its holdings in shares of Knight-Swift Transportation by 5.2% during the 1st quarter. Peregrine Capital Management LLC now owns 186,248 shares of the transportation company's stock worth $8,100,000 after buying an additional 9,136 shares during the period. Hudson Edge Investment Partners Inc. boosted its holdings in shares of Knight-Swift Transportation by 5.4% during the 1st quarter. Hudson Edge Investment Partners Inc. now owns 17,575 shares of the transportation company's stock worth $764,000 after buying an additional 908 shares during the period. Finally, Teacher Retirement System of Texas acquired a new position in Knight-Swift Transportation in the 1st quarter valued at about $1,989,000. Institutional investors and hedge funds own 88.77% of the company's stock.

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.

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