Knight-Swift Transportation's (KNX) Sell (D+) Rating Reaffirmed at Weiss Ratings

Key Points

• Knight-Swift Transportation's stock has been reaffirmed with a "sell (D+)" rating by Weiss Ratings, indicating a negative outlook.
• Various analysts have contradictory ratings, with price targets ranging from a low of $42.00 to a high of $68.00, reflecting uncertainty in market sentiment.
• In recent trading, Knight-Swift shares saw a substantial increase of 7.2%, opening at $45.89 and having a 12-month trading range from $36.69 to $61.51.

Knight-Swift Transportation (NYSE:KNX - Get Free Report)'s stock had its "sell (d+)" rating restated by Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Other research analysts have also recently issued reports about the stock. Morgan Stanley dropped their target price on shares of Knight-Swift Transportation from $68.00 to $67.00 and set an "overweight" rating for the company in a report on Monday. Zacks Research cut shares of Knight-Swift Transportation from a "hold" rating to a "strong sell" rating in a research note on Friday, October 3rd. Raymond James Financial raised their price objective on shares of Knight-Swift Transportation from $50.00 to $55.00 and gave the stock a "strong-buy" rating in a research note on Tuesday, July 15th. Evercore ISI dropped their price objective on shares of Knight-Swift Transportation from $47.00 to $42.00 and set an "in-line" rating for the company in a research note on Tuesday, September 30th. Finally, Barclays dropped their price objective on shares of Knight-Swift Transportation from $55.00 to $50.00 and set an "overweight" rating for the company in a research note on Thursday, October 2nd. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $51.94.

Knight-Swift Transportation Trading Up 7.2%

Shares of Knight-Swift Transportation stock opened at $45.89 on Wednesday. Knight-Swift Transportation has a 12-month low of $36.69 and a 12-month high of $61.51. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.30. The stock has a market cap of $7.45 billion, a PE ratio of 44.99, a price-to-earnings-growth ratio of 0.73 and a beta of 1.14. The company has a 50-day moving average of $42.17 and a two-hundred day moving average of $42.94.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 company had revenue of $1.86 billion during the quarter, compared to analysts' expectations of $1.87 billion. During the same period last year, the company posted $0.24 earnings per share. The firm'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. On average, research analysts anticipate that Knight-Swift Transportation will post 2.13 EPS for the current fiscal year.

Insider Buying and Selling 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 value of $148,462.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.00% of the company's stock.

Institutional Investors Weigh In On Knight-Swift Transportation

A number of institutional investors have recently modified their holdings of the business. ProShare Advisors LLC grew its position in shares of Knight-Swift Transportation by 3.8% during the 2nd quarter. ProShare Advisors LLC now owns 7,529 shares of the transportation company's stock valued at $333,000 after buying an additional 276 shares during the last quarter. Brooklyn Investment Group grew its position in shares of Knight-Swift Transportation by 93.4% during the 1st quarter. Brooklyn Investment Group now owns 642 shares of the transportation company's stock valued at $28,000 after buying an additional 310 shares during the last quarter. UMB Bank n.a. grew its position in shares of Knight-Swift Transportation by 40.0% during the 1st quarter. UMB Bank n.a. now owns 1,133 shares of the transportation company's stock valued at $49,000 after buying an additional 324 shares during the last quarter. IFP Advisors Inc grew its position in shares of Knight-Swift Transportation by 21.3% during the 2nd quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company's stock valued at $96,000 after buying an additional 379 shares during the last quarter. Finally, Tectonic Advisors LLC grew its position in shares of Knight-Swift Transportation by 0.6% during the 1st quarter. Tectonic Advisors LLC now owns 62,715 shares of the transportation company's stock valued at $2,727,000 after buying an additional 403 shares during the last quarter. Institutional investors own 88.77% of the company's stock.

Knight-Swift Transportation Company Profile

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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