Knight-Swift Transportation (NYSE:KNX) Rating Lowered to "Neutral" at Susquehanna

Key Points

• Knight-Swift Transportation has been downgraded from a "positive" to a "neutral" rating by Susquehanna, with a target price set at $43.00, indicating a potential upside of 9.01% from its previous close.
• In contrast, Goldman Sachs raised its rating on Knight-Swift from "neutral" to "buy" and increased the target price from $45.00 to $65.00, reflecting a generally positive outlook among various analysts.
• The stock has seen fluctuating performance, with a 12-month low of $36.69 and a high of $61.51, while currently priced at $39.45.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) was downgraded by analysts at Susquehanna from a "positive" rating to a "neutral" rating in a research report issued on Wednesday, MarketBeat.com reports. They presently have a $43.00 target price on the transportation company's stock. Susquehanna's price objective would suggest a potential upside of 9.01% from the company's previous close.

Several other equities analysts have also recently issued reports on KNX. The Goldman Sachs Group upgraded shares of Knight-Swift Transportation from a "neutral" rating to a "buy" rating and boosted their target price for the company from $45.00 to $65.00 in a research note on Monday, June 2nd. Baird R W upgraded shares of Knight-Swift Transportation to a "strong-buy" rating in a research note on Tuesday, July 1st. Bank of America boosted their target price on shares of Knight-Swift Transportation from $47.00 to $49.00 and gave the company a "neutral" rating in a research note on Thursday, July 24th. JPMorgan Chase & Co. boosted their target price on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the company a "neutral" rating in a research note on Thursday, July 24th. Finally, Raymond James Financial boosted their target price on shares of Knight-Swift Transportation from $50.00 to $55.00 and gave the company a "strong-buy" rating in a research note on Tuesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Knight-Swift Transportation has an average rating of "Moderate Buy" and a consensus target price of $53.63.

Knight-Swift Transportation Stock Performance

Shares of NYSE KNX opened at $39.45 on Wednesday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.30. Knight-Swift Transportation has a 12 month low of $36.69 and a 12 month high of $61.51. The company has a 50 day simple moving average of $43.00 and a two-hundred day simple moving average of $43.30. The stock has a market cap of $6.40 billion, a price-to-earnings ratio of 38.67, a PEG ratio of 0.59 and a beta of 1.19.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The transportation company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.34 by $0.01. Knight-Swift Transportation had a net margin of 2.22% and a return on equity of 3.03%. The business had revenue of $1.86 billion during the quarter, compared to analysts' expectations of $1.87 billion. During the same period in the previous year, the business posted $0.24 EPS. The business's quarterly revenue was up .8% compared to the same quarter last year. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. As a group, analysts predict that Knight-Swift Transportation will post 2.13 earnings per share for the current year.

Insider Activity

In related news, EVP Michael K. Liu sold 3,420 shares of the company's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $43.41, for a total value of $148,462.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 3.00% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of KNX. Osaic Holdings Inc. grew its holdings in shares of Knight-Swift Transportation by 23.4% in the second quarter. Osaic Holdings Inc. now owns 5,764 shares of the transportation company's stock valued at $254,000 after purchasing an additional 1,094 shares in the last quarter. Orion Porfolio Solutions LLC increased its stake in Knight-Swift Transportation by 37.6% in the second quarter. Orion Porfolio Solutions LLC now owns 12,902 shares of the transportation company's stock valued at $571,000 after purchasing an additional 3,525 shares during the last quarter. MASTERINVEST Kapitalanlage GmbH purchased a new position in shares of Knight-Swift Transportation during the second quarter worth approximately $1,427,000. Hudson Bay Capital Management LP grew its position in shares of Knight-Swift Transportation by 161.0% during the second quarter. Hudson Bay Capital Management LP now owns 430,605 shares of the transportation company's stock worth $19,046,000 after acquiring an additional 265,605 shares during the last quarter. Finally, Nomura Holdings Inc. purchased a new position in shares of Knight-Swift Transportation during the second quarter worth approximately $507,000. 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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