Swift Transportation Company Company Profile (NYSE:KNX)

About Swift Transportation Company (NYSE:KNX)

Swift Transportation Company logoKnight Transportation, Inc. is a provider of multiple truckload transportation and logistics services, which involve the movement of trailer or container loads of freight from origin to destination for a single customer. The Company operates through two segments: Trucking and Logistics. Its Trucking segment consists of three operating units: dry van truckload, temperature-controlled truckload and drayage services. The Trucking segment provides truckload transportation, including services of various products, goods and materials. Its Logistics segment consists of two operating units: freight brokerage services and rail intermodal. It provides logistics, freight management and other non-trucking services to its customers, through its Logistics segment. It provides a range of truckload and logistics services through its nationwide network of service centers, truckload tractor fleets and its contractual access to third-party capacity providers. It operates primarily in the United States.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Freight Trucking
  • Sub-Industry: Trucking
  • Symbol: NYSE:KNX
  • CUSIP: 49906410
  • Web: www.swifttrans.com
Capitalization:
  • Market Cap: $3.24 billion
  • Outstanding Shares: 80,658,000
Average Prices:
  • 50 Day Moving Avg: $40.23
  • 200 Day Moving Avg: $36.36
  • 52 Week Range: $26.85 - $44.45
P/E:
  • Trailing P/E Ratio: 41.47
  • Foreward P/E Ratio: 22.99
  • P/E Growth: 1.68
Sales & Book Value:
  • Annual Revenue: $1.11 billion
  • Price / Sales: 2.92
  • Book Value: $10.12 per share
  • Price / Book: 3.98
Dividend:
  • Dividend Yield: 0.6%
Profitability:
  • EBITDA: $243.34 million
  • Net Margins: 2.99%
  • Return on Equity: 22.23%
  • Return on Assets: 5.56%
Debt:
  • Debt-to-Equity Ratio: 1.24%
  • Current Ratio: 1.45%
  • Quick Ratio: 1.41%
Misc:
  • Average Volume: 2.31 million shs.
  • Beta: 1.97
  • Short Ratio: 8.97
 

Frequently Asked Questions for Swift Transportation Company (NYSE:KNX)

What is Swift Transportation Company's stock symbol?

Swift Transportation Company trades on the New York Stock Exchange (NYSE) under the ticker symbol "KNX."

How often does Swift Transportation Company pay dividends? What is the dividend yield for Swift Transportation Company?

Swift Transportation Company declared a quarterly dividend on Thursday, August 3rd. Stockholders of record on Friday, September 1st will be paid a dividend of $0.06 per share on Friday, September 29th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date of this dividend is Wednesday, August 30th. View Swift Transportation Company's Dividend History.

How were Swift Transportation Company's earnings last quarter?

Swift Transportation Company (NYSE:KNX) posted its quarterly earnings data on Wednesday, July, 26th. The company reported $0.25 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.25 by $0.00. The company had revenue of $273.20 million for the quarter, compared to the consensus estimate of $283.88 million. Swift Transportation Company had a net margin of 2.99% and a return on equity of 22.23%. The firm's quarterly revenue was down 1.1% compared to the same quarter last year. During the same period last year, the company earned $0.31 EPS. View Swift Transportation Company's Earnings History.

When will Swift Transportation Company make its next earnings announcement?

Swift Transportation Company is scheduled to release their next quarterly earnings announcement on Monday, November, 6th 2017. View Earnings Estimates for Swift Transportation Company.

Where is Swift Transportation Company's stock going? Where will Swift Transportation Company's stock price be in 2017?

15 brokers have issued 1 year target prices for Swift Transportation Company's shares. Their forecasts range from $27.00 to $48.00. On average, they anticipate Swift Transportation Company's stock price to reach $39.60 in the next twelve months. View Analyst Ratings for Swift Transportation Company.

Are investors shorting Swift Transportation Company?

Swift Transportation Company saw a increase in short interest during the month of September. As of September 15th, there was short interest totalling 23,762,723 shares, an increase of 50.2% from the August 31st total of 15,820,411 shares. Based on an average daily trading volume, of 4,670,144 shares, the days-to-cover ratio is currently 5.1 days.

Who are some of Swift Transportation Company's key competitors?

Who are Swift Transportation Company's key executives?

Swift Transportation Company's management team includes the folowing people:

  • Kevin P. Knight, Executive Chairman of the Board
  • David A. Jackson, President, Chief Executive Officer, Director
  • Gary J. Knight, Vice Chairman of the Board
  • Adam W. Miller, Chief Financial Officer, Treasurer, Secretary
  • James E. Updike Jr., Executive Vice President - Sales and Marketing
  • Kevin Quast, Executive Vice President and Chief Operations Officer
  • Michael Garnreiter CPA, Independent Director
  • Richard C. Kraemer, Independent Director
  • Richard J. Lehmann, Independent Director
  • G. D. Madden, Independent Director

Who owns Swift Transportation Company stock?

Swift Transportation Company's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include MOYES JERRY (24.10%), Harvey Investment Co. LLC (0.39%), Strs Ohio (0.14%), Mutual of America Capital Management LLC (0.13%) and LS Investment Advisors LLC (0.01%). Company insiders that own Swift Transportation Company stock include David A Jackson, G D Madden, Gary J Knight, James E Jr Updike, Kathryn L Munro, Kevin P Knight, Kevin Quast, Marc-Antoine Jett�, Richard J Lehmann, Todd F Carlson and Wayne Yu. View Institutional Ownership Trends for Swift Transportation Company.

Who sold Swift Transportation Company stock? Who is selling Swift Transportation Company stock?

Swift Transportation Company's stock was sold by a variety of institutional investors in the last quarter, including Harvey Investment Co. LLC. Company insiders that have sold Swift Transportation Company stock in the last year include David A Jackson, G D Madden, Gary J Knight, James E Jr Updike, Kevin P Knight, Kevin Quast and Todd F Carlson. View Insider Buying and Selling for Swift Transportation Company.

Who bought Swift Transportation Company stock? Who is buying Swift Transportation Company stock?

Swift Transportation Company's stock was bought by a variety of institutional investors in the last quarter, including Strs Ohio, Mutual of America Capital Management LLC and LS Investment Advisors LLC. View Insider Buying and Selling for Swift Transportation Company.

How do I buy Swift Transportation Company stock?

Shares of Swift Transportation Company can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Swift Transportation Company's stock price today?

One share of Swift Transportation Company stock can currently be purchased for approximately $40.23.


MarketBeat Community Rating for Swift Transportation Company (NYSE KNX)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  266 (Vote Outperform)
Underperform Votes:  405 (Vote Underperform)
Total Votes:  671
MarketBeat's community ratings are surveys of what our community members think about Swift Transportation Company and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Swift Transportation Company (NYSE:KNX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 4 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.60)
Consensus Price Target: $39.60 (1.57% downside)
Consensus Price Target History for Swift Transportation Company (NYSE:KNX)
Price Target History for Swift Transportation Company (NYSE:KNX)
Analysts' Ratings History for Swift Transportation Company (NYSE:KNX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017J P Morgan Chase & CoInitiated CoverageNeutral -> Neutral$39.00N/AView Rating Details
10/2/2017Barclays PLCBoost Price TargetUnderweight$33.00 -> $37.00LowView Rating Details
9/21/2017Seaport Global SecuritiesReiterated RatingBuyLowView Rating Details
9/19/2017Citigroup Inc.Initiated CoverageNeutral -> Buy$38.00 -> $48.00LowView Rating Details
8/21/2017Buckingham ResearchInitiated CoverageBuy -> Buy$43.00MediumView Rating Details
7/31/2017Deutsche Bank AGSet Price TargetBuy$39.00 -> $45.00LowView Rating Details
7/10/2017Bank of America CorporationReiterated RatingBuy$41.00 -> $43.00HighView Rating Details
6/12/2017StephensUpgradeEqual Weight -> Overweight$36.00 -> $42.00MediumView Rating Details
4/17/2017Robert W. BairdUpgradeNeutral -> Outperform$35.00 -> $36.00MediumView Rating Details
4/14/2017Credit Suisse GroupReiterated RatingOutperform$32.00 -> $35.00MediumView Rating Details
4/13/2017Vertical ResearchInitiated CoverageBuy$48.00LowView Rating Details
4/13/2017Vertical GroupInitiated CoverageBuy$48.00MediumView Rating Details
4/12/2017Stifel NicolausReiterated RatingHold$27.00HighView Rating Details
1/26/2017Cowen and CompanyBoost Price TargetMarket Perform$25.00 -> $29.00N/AView Rating Details
11/2/2016Knight EquityInitiated CoverageHold$32.00N/AView Rating Details
7/28/2016MacquarieDowngradeOutperform -> Neutral$29.00 -> $27.00N/AView Rating Details
7/1/2016BB&T CorporationReiterated RatingHoldN/AView Rating Details
6/23/2016Avondale PartnersDowngradeMarket Perform -> Underperform$27.00 -> $21.00N/AView Rating Details
4/21/2016Royal Bank Of CanadaBoost Price TargetSector Perform$24.00 -> $26.00N/AView Rating Details
4/21/2016Raymond James Financial, Inc.DowngradeStrong-Buy -> Outperform$30.00 -> $29.00N/AView Rating Details
2/23/2016Morgan StanleyUpgradeUnderweight -> Overweight$32.00N/AView Rating Details
2/10/2016Evercore ISIDowngradeBuy -> Hold$26.00N/AView Rating Details
1/28/2016William BlairDowngradeOutperform -> Market PerformN/AView Rating Details
12/4/2015Longbow ResearchDowngradeBuy -> NeutralN/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Swift Transportation Company (NYSE:KNX)
Earnings by Quarter for Swift Transportation Company (NYSE:KNX)
Earnings History by Quarter for Swift Transportation Company (NYSE KNX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/6/2017$0.31N/AView Earnings Details
10/24/2017$0.26N/AView Earnings Details
7/26/2017Q2 2017$0.25$0.25$283.88 million$273.20 millionViewN/AView Earnings Details
4/26/2017Q1 2017$0.18$0.18$276.27 million$271.18 millionViewN/AView Earnings Details
1/25/2017Q416$0.31$0.29$285.76 million$289.10 millionViewN/AView Earnings Details
10/26/2016Q316$0.28$0.29$279.34 million$280.50 millionViewListenView Earnings Details
7/27/2016Q216$0.30$0.31$283.13 million$276.30 millionViewListenView Earnings Details
4/20/2016Q116$0.29$0.28$283.31 million$272.10 millionViewListenView Earnings Details
1/27/2016Q4$0.32$0.36$306.88 million$290.70 millionViewListenView Earnings Details
10/21/2015Q315$0.36$0.37$312.57 million$300.10 millionViewListenView Earnings Details
7/22/2015Q215$0.37$0.39$311.78 million$301.80 millionViewListenView Earnings Details
4/22/2015Q115$0.31$0.36$298.02 million$290.30 millionViewN/AView Earnings Details
1/28/2015Q414$0.33$0.40$300.60 million$317.50 millionViewN/AView Earnings Details
10/22/2014Q314$0.27$0.31$266.63 million$271.55 millionViewListenView Earnings Details
7/23/2014Q214$0.27$0.31$266.02 million$264.20 millionViewN/AView Earnings Details
4/23/2014Q114$0.22$0.23$246.50 million$249.20 millionViewN/AView Earnings Details
1/29/2014Q413$0.21$0.25$244.92 million$249.70 millionViewN/AView Earnings Details
10/23/2013Q313$0.19$0.19$241.96 million$239.30 millionViewN/AView Earnings Details
7/24/2013Q2 2013$0.24$0.24$248.79 million$244.80 millionViewN/AView Earnings Details
4/24/2013Q1 2013$0.18$0.19$231.00 million$235.40 millionViewN/AView Earnings Details
1/30/2013Q4 2012$0.21$0.22$235.13 million$242.30 millionViewN/AView Earnings Details
10/24/2012$0.22$0.21ViewN/AView Earnings Details
7/25/2012$0.23$0.24ViewN/AView Earnings Details
4/25/2012$0.16$0.18ViewN/AView Earnings Details
1/25/2012$0.21$0.22ViewN/AView Earnings Details
10/26/2011$0.21$0.21ViewN/AView Earnings Details
7/27/2011$0.19$0.20ViewN/AView Earnings Details
4/20/2011$0.16$0.12ViewN/AView Earnings Details
1/26/2011$0.20$0.19ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Swift Transportation Company (NYSE:KNX)
2017 EPS Consensus Estimate: $1.11
2018 EPS Consensus Estimate: $1.79
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.16$0.29$0.21
Q2 20173$0.25$0.31$0.28
Q3 20173$0.25$0.33$0.28
Q4 20173$0.27$0.41$0.35
Q1 20181$0.31$0.31$0.31
Q2 20181$0.44$0.44$0.44
Q3 20181$0.48$0.48$0.48
Q4 20181$0.56$0.56$0.56
Q1 20191$0.41$0.41$0.41
Q2 20191$0.55$0.55$0.55
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Swift Transportation Company (NYSE:KNX)
Most Recent Dividend:9/29/2017
Annual Dividend:$0.24
Dividend Yield:0.60%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:19.20% (Trailing 12 Months of Earnings)
19.83% (Based on This Year's Estimates)
13.71% (Based on Next Year's Estimates)
Track Record:3 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Swift Transportation Company (NYSE:KNX)

Dividend History by Quarter for Swift Transportation Company (NYSE KNX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/3/2017quarterly$0.060.66%8/30/20179/1/20179/29/2017
5/11/2017quarterly$0.060.74%5/31/20176/2/20176/23/2017
2/1/2017quarterly$0.060.74%3/1/20173/3/20173/27/2017
11/8/2016quarterly$0.060.73%11/30/201612/2/201612/27/2016
8/4/2016quarterly$0.060.81%8/31/20169/2/20169/30/2016
5/12/2016quarterly$0.060.96%6/1/20166/3/20166/24/2016
2/4/2016quarterly$0.060.92%3/2/20163/4/20163/24/2016
11/3/2015quarterly$0.060.89%12/2/201512/4/201512/21/2015
8/6/2015quarterly$0.060.9%9/2/20159/4/20159/25/2015
5/19/2015quarterly$0.060.79%6/3/20156/5/20156/26/2015
2/19/2015quarterly$0.060.72%3/4/20153/6/20153/26/2015
11/4/2014quarterly$0.060.82%12/3/201412/5/201412/22/2014
8/7/2014quarterly$0.061.01%9/3/20149/5/20149/26/2014
5/15/2014quarterly$0.061.05%6/4/20146/6/20146/27/2014
2/5/2014quarterly$0.061.13%3/5/20143/7/20143/28/2014
11/5/2013quarterly$0.061.42%12/4/201312/6/201312/23/2013
8/8/2013quarterly$0.061.45%9/4/20139/6/20139/25/2013
5/16/2013quarterly$0.061.39%6/5/20136/7/20136/28/2013
2/7/2013quarterly$0.061.51%2/27/20133/1/20133/29/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Swift Transportation Company (NYSE:KNX)
Insider Ownership Percentage: 9.90%
Insider Trades by Quarter for Swift Transportation Company (NYSE:KNX)
Institutional Ownership by Quarter for Swift Transportation Company (NYSE:KNX)
Insider Trades by Quarter for Swift Transportation Company (NYSE:KNX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/14/2017Todd F CarlsonGeneral CounselSell3,000$37.86$113,580.00View SEC Filing  
8/7/2017G D MaddenDirectorSell1,875$36.52$68,475.00View SEC Filing  
6/14/2017James E Jr. UpdikeVPSell2,800$35.75$100,100.00View SEC Filing  
5/22/2017Kevin QuastCOOSell3,469$31.71$110,001.99View SEC Filing  
5/19/2017David A JacksonInsiderSell12,500$32.00$400,000.00View SEC Filing  
5/9/2017Gary J KnightVice ChairmanSell12,500$33.03$412,875.00View SEC Filing  
4/28/2017Kevin P KnightInsiderSell17,575$34.34$603,525.50View SEC Filing  
10/5/2016Marc-Antoine Jett�DirectorBuy25,000$0.06$1,500.00
8/31/2016Gary J KnightVice ChairmanSell99,339$28.09$2,790,432.51View SEC Filing  
8/30/2016Gary J KnightVice ChairmanSell171,275$28.51$4,883,050.25View SEC Filing  
8/29/2016Gary J KnightVice ChairmanSell29,386$28.53$838,382.58View SEC Filing  
8/5/2016Kevin P KnightInsiderSell500,000$28.86$14,430,000.00View SEC Filing  
8/5/2016Wayne YuVPSell3,200$29.59$94,688.00View SEC Filing  
8/2/2016Kevin P KnightInsiderSell500,000$29.44$14,720,000.00View SEC Filing  
5/11/2016G D MaddenDirectorSell1,000$26.67$26,670.00View SEC Filing  
4/22/2016Gary J KnightVice ChairmanSell15,000$27.00$405,000.00View SEC Filing  
3/11/2016Kathryn L MunroDirectorSell1,000$25.86$25,860.00View SEC Filing  
3/11/2016Marc-Antoine Jett�DirectorBuy10,000$0.02$200.00
3/9/2016Richard J LehmannDirectorSell768$25.64$19,691.52View SEC Filing  
3/4/2016David A JacksonCEOSell4,102$26.10$107,062.20View SEC Filing  
3/4/2016Marc-Antoine Jett�DirectorBuy51,000$0.03$1,275.00
2/22/2016Marc-Antoine Jett�DirectorBuy70,000$0.00$0.00
2/19/2016Marc-Antoine Jett�DirectorBuy110,000$0.00$0.00
2/4/2016Wayne YuVPSell2,400$26.02$62,448.00View SEC Filing  
2/3/2016Kevin P KnightChairmanSell75,000$24.83$1,862,250.00View SEC Filing  
12/11/2015Richard J. LehmannDirectorSell2,500$24.04$60,100.00View SEC Filing  
8/19/2015Kevin P KnightChairmanSell500,000$27.81$13,905,000.00View SEC Filing  
8/18/2015Kevin P KnightChairmanSell168,662$28.02$4,725,909.24View SEC Filing  
8/17/2015Kevin P KnightChairmanSell170,000$27.93$4,748,100.00View SEC Filing  
2/25/2015Kevin P KnightChairmanSell203,709$32.99$6,720,359.91View SEC Filing  
2/24/2015Kevin P KnightChairmanSell117,890$32.98$3,888,012.20View SEC Filing  
2/23/2015Kevin P KnightChairmanSell64,023$32.96$2,110,198.08View SEC Filing  
2/13/2015Wayne YuVPSell2,604$31.47$81,947.88View SEC Filing  
2/11/2015Kathryn L MunroDirectorSell5,250$30.99$162,697.50View SEC Filing  
12/4/2014Kevin P KnightCEOSell67,218$32.75$2,201,389.50View SEC Filing  
12/3/2014Kevin P KnightCEOSell79,074$32.79$2,592,836.46View SEC Filing  
12/2/2014Kevin P KnightCEOSell400,000$32.96$13,184,000.00View SEC Filing  
11/25/2014James E Jr. UpdikeVPSell3,200$32.75$104,800.00View SEC Filing  
11/20/2014Michael GarnreiterDirectorSell1,406$31.16$43,810.96View SEC Filing  
6/10/2014Keith T KnightCOOSell22,500$24.25$545,625.00View SEC Filing  
6/6/2014Gary J KnightChairmanSell22,500$24.41$549,225.00View SEC Filing  
5/30/2014Kevin P KnightCEOSell20,000$24.29$485,800.00View SEC Filing  
5/23/2014Michael GarnreiterDirectorSell1,125$23.70$26,662.50View SEC Filing  
4/25/2014Adam MillerCFOSell15,335$24.20$371,107.00View SEC Filing  
3/13/2014L Randy KnightChairmanSell29,200$22.54$658,168.00View SEC Filing  
3/11/2014Wayne YuVPSell3,900$22.52$87,828.00View SEC Filing  
2/26/2014Kevin QuastCOOSell1,992$21.75$43,326.00View SEC Filing  
2/21/2014David JacksonPresidentSell40,202$21.83$877,609.66View SEC Filing  
2/7/2014James Jr. UpdikeVPSell20,700$21.35$441,945.00View SEC Filing  
2/3/2014L Randy KnightChairmanSell4,800$20.85$100,080.00View SEC Filing  
12/13/2013Kevin QuastCOOSell7,875$17.72$139,545.00View SEC Filing  
9/10/2013Erick KutterInsiderSell22,500$18.93$425,925.00View SEC Filing  
8/19/2013Michael GarnreiterDirectorSell5,625$16.47$92,643.75View SEC Filing  
8/5/2013L Randy KnightChairmanSell17,550$17.16$301,158.00View SEC Filing  
8/2/2013Kevin QuastCOOSell4,949$17.28$85,518.72View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Swift Transportation Company (NYSE:KNX)
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Swift Transportation Company (KNX) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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