About Swift Transportation Company (NYSE:KNX)
Knight 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
- Market Cap: $3.24 billion
- Outstanding Shares: 80,658,000
- 50 Day Moving Avg: $40.23
- 200 Day Moving Avg: $36.36
- 52 Week Range: $26.85 - $44.45
Sales & Book Value:
- Trailing P/E Ratio: 41.47
- Foreward P/E Ratio: 22.99
- P/E Growth: 1.68
- Annual Revenue: $1.11 billion
- Price / Sales: 2.92
- Book Value: $10.12 per share
- Price / Book: 3.98
- EBITDA: $243.34 million
- Net Margins: 2.99%
- Return on Equity: 22.23%
- Return on Assets: 5.56%
- Debt-to-Equity Ratio: 1.24%
- Current Ratio: 1.45%
- Quick Ratio: 1.41%
- 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?
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?
Some companies that are related to Swift Transportation Company include Landstar System (LSTR), Werner Enterprises (WERN), Heartland Express (HTLD), Saia (SAIA), Marten Transport, Ltd (MRTN), Universal Logistics Holdings (ULH), Hennessy Capital Acquisition Corp. II (DSKE), FRP Holdings (FRPH), P.A.M. Transportation Services (PTSI), Celadon Group (CGI), USA Truck (USAK) and Pangaea Logistics Solutions (PANL).
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
(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?
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?
MarketBeat Community Rating for Swift Transportation Company (NYSE KNX)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.
One share of Swift Transportation Company stock can currently be purchased for approximately $40.23.
Consensus Ratings for Swift Transportation Company (NYSE:KNX) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Swift Transportation Company (NYSE:KNX)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/12/2017||J P Morgan Chase & Co||Initiated Coverage||Neutral -> Neutral||$39.00||N/A|
|10/2/2017||Barclays PLC||Boost Price Target||Underweight||$33.00 -> $37.00||Low|
|9/21/2017||Seaport Global Securities||Reiterated Rating||Buy||Low|
|9/19/2017||Citigroup Inc.||Initiated Coverage||Neutral -> Buy||$38.00 -> $48.00||Low|
|8/21/2017||Buckingham Research||Initiated Coverage||Buy -> Buy||$43.00||Medium|
|7/31/2017||Deutsche Bank AG||Set Price Target||Buy||$39.00 -> $45.00||Low|
|7/10/2017||Bank of America Corporation||Reiterated Rating||Buy||$41.00 -> $43.00||High|
|6/12/2017||Stephens||Upgrade||Equal Weight -> Overweight||$36.00 -> $42.00||Medium|
|4/17/2017||Robert W. Baird||Upgrade||Neutral -> Outperform||$35.00 -> $36.00||Medium|
|4/14/2017||Credit Suisse Group||Reiterated Rating||Outperform||$32.00 -> $35.00||Medium|
|4/13/2017||Vertical Research||Initiated Coverage||Buy||$48.00||Low|
|4/13/2017||Vertical Group||Initiated Coverage||Buy||$48.00||Medium|
|4/12/2017||Stifel Nicolaus||Reiterated Rating||Hold||$27.00||High|
|1/26/2017||Cowen and Company||Boost Price Target||Market Perform||$25.00 -> $29.00||N/A|
|11/2/2016||Knight Equity||Initiated Coverage||Hold||$32.00||N/A|
|7/28/2016||Macquarie||Downgrade||Outperform -> Neutral||$29.00 -> $27.00||N/A|
|7/1/2016||BB&T Corporation||Reiterated Rating||Hold||N/A|
|6/23/2016||Avondale Partners||Downgrade||Market Perform -> Underperform||$27.00 -> $21.00||N/A|
|4/21/2016||Royal Bank Of Canada||Boost Price Target||Sector Perform||$24.00 -> $26.00||N/A|
|4/21/2016||Raymond James Financial, Inc.||Downgrade||Strong-Buy -> Outperform||$30.00 -> $29.00||N/A|
|2/23/2016||Morgan Stanley||Upgrade||Underweight -> Overweight||$32.00||N/A|
|2/10/2016||Evercore ISI||Downgrade||Buy -> Hold||$26.00||N/A|
|1/28/2016||William Blair||Downgrade||Outperform -> Market Perform||N/A|
|12/4/2015||Longbow Research||Downgrade||Buy -> Neutral||N/A|
Earnings History for Swift Transportation Company (NYSE:KNX)Earnings History by Quarter for Swift Transportation Company (NYSE KNX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/26/2017||Q2 2017||$0.25||$0.25||$283.88 million||$273.20 million||View||N/A|
|4/26/2017||Q1 2017||$0.18||$0.18||$276.27 million||$271.18 million||View||N/A|
|1/25/2017||Q416||$0.31||$0.29||$285.76 million||$289.10 million||View||N/A|
|10/26/2016||Q316||$0.28||$0.29||$279.34 million||$280.50 million||View||Listen|
|7/27/2016||Q216||$0.30||$0.31||$283.13 million||$276.30 million||View||Listen|
|4/20/2016||Q116||$0.29||$0.28||$283.31 million||$272.10 million||View||Listen|
|1/27/2016||Q4||$0.32||$0.36||$306.88 million||$290.70 million||View||Listen|
|10/21/2015||Q315||$0.36||$0.37||$312.57 million||$300.10 million||View||Listen|
|7/22/2015||Q215||$0.37||$0.39||$311.78 million||$301.80 million||View||Listen|
|4/22/2015||Q115||$0.31||$0.36||$298.02 million||$290.30 million||View||N/A|
|1/28/2015||Q414||$0.33||$0.40||$300.60 million||$317.50 million||View||N/A|
|10/22/2014||Q314||$0.27||$0.31||$266.63 million||$271.55 million||View||Listen|
|7/23/2014||Q214||$0.27||$0.31||$266.02 million||$264.20 million||View||N/A|
|4/23/2014||Q114||$0.22||$0.23||$246.50 million||$249.20 million||View||N/A|
|1/29/2014||Q413||$0.21||$0.25||$244.92 million||$249.70 million||View||N/A|
|10/23/2013||Q313||$0.19||$0.19||$241.96 million||$239.30 million||View||N/A|
|7/24/2013||Q2 2013||$0.24||$0.24||$248.79 million||$244.80 million||View||N/A|
|4/24/2013||Q1 2013||$0.18||$0.19||$231.00 million||$235.40 million||View||N/A|
|1/30/2013||Q4 2012||$0.21||$0.22||$235.13 million||$242.30 million||View||N/A|
Earnings Estimates for Swift Transportation Company (NYSE:KNX)
2017 EPS Consensus Estimate: $1.11
2018 EPS Consensus Estimate: $1.79
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Swift Transportation Company (NYSE:KNX)
|Most Recent Dividend:||9/29/2017|
|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 History by Quarter for Swift Transportation Company (NYSE KNX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
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)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/14/2017||Todd F Carlson||General Counsel||Sell||3,000||$37.86||$113,580.00|| |
|8/7/2017||G D Madden||Director||Sell||1,875||$36.52||$68,475.00|| |
|6/14/2017||James E Jr. Updike||VP||Sell||2,800||$35.75||$100,100.00|| |
|5/22/2017||Kevin Quast||COO||Sell||3,469||$31.71||$110,001.99|| |
|5/19/2017||David A Jackson||Insider||Sell||12,500||$32.00||$400,000.00|| |
|5/9/2017||Gary J Knight||Vice Chairman||Sell||12,500||$33.03||$412,875.00|| |
|4/28/2017||Kevin P Knight||Insider||Sell||17,575||$34.34||$603,525.50|| |
|8/31/2016||Gary J Knight||Vice Chairman||Sell||99,339||$28.09||$2,790,432.51|| |
|8/30/2016||Gary J Knight||Vice Chairman||Sell||171,275||$28.51||$4,883,050.25|| |
|8/29/2016||Gary J Knight||Vice Chairman||Sell||29,386||$28.53||$838,382.58|| |
|8/5/2016||Kevin P Knight||Insider||Sell||500,000||$28.86||$14,430,000.00|| |
|8/5/2016||Wayne Yu||VP||Sell||3,200||$29.59||$94,688.00|| |
|8/2/2016||Kevin P Knight||Insider||Sell||500,000||$29.44||$14,720,000.00|| |
|5/11/2016||G D Madden||Director||Sell||1,000||$26.67||$26,670.00|| |
|4/22/2016||Gary J Knight||Vice Chairman||Sell||15,000||$27.00||$405,000.00|| |
|3/11/2016||Kathryn L Munro||Director||Sell||1,000||$25.86||$25,860.00|| |
|3/9/2016||Richard J Lehmann||Director||Sell||768||$25.64||$19,691.52|| |
|3/4/2016||David A Jackson||CEO||Sell||4,102||$26.10||$107,062.20|| |
|2/4/2016||Wayne Yu||VP||Sell||2,400||$26.02||$62,448.00|| |
|2/3/2016||Kevin P Knight||Chairman||Sell||75,000||$24.83||$1,862,250.00|| |
|12/11/2015||Richard J. Lehmann||Director||Sell||2,500||$24.04||$60,100.00|| |
|8/19/2015||Kevin P Knight||Chairman||Sell||500,000||$27.81||$13,905,000.00|| |
|8/18/2015||Kevin P Knight||Chairman||Sell||168,662||$28.02||$4,725,909.24|| |
|8/17/2015||Kevin P Knight||Chairman||Sell||170,000||$27.93||$4,748,100.00|| |
|2/25/2015||Kevin P Knight||Chairman||Sell||203,709||$32.99||$6,720,359.91|| |
|2/24/2015||Kevin P Knight||Chairman||Sell||117,890||$32.98||$3,888,012.20|| |
|2/23/2015||Kevin P Knight||Chairman||Sell||64,023||$32.96||$2,110,198.08|| |
|2/13/2015||Wayne Yu||VP||Sell||2,604||$31.47||$81,947.88|| |
|2/11/2015||Kathryn L Munro||Director||Sell||5,250||$30.99||$162,697.50|| |
|12/4/2014||Kevin P Knight||CEO||Sell||67,218||$32.75||$2,201,389.50|| |
|12/3/2014||Kevin P Knight||CEO||Sell||79,074||$32.79||$2,592,836.46|| |
|12/2/2014||Kevin P Knight||CEO||Sell||400,000||$32.96||$13,184,000.00|| |
|11/25/2014||James E Jr. Updike||VP||Sell||3,200||$32.75||$104,800.00|| |
|11/20/2014||Michael Garnreiter||Director||Sell||1,406||$31.16||$43,810.96|| |
|6/10/2014||Keith T Knight||COO||Sell||22,500||$24.25||$545,625.00|| |
|6/6/2014||Gary J Knight||Chairman||Sell||22,500||$24.41||$549,225.00|| |
|5/30/2014||Kevin P Knight||CEO||Sell||20,000||$24.29||$485,800.00|| |
|5/23/2014||Michael Garnreiter||Director||Sell||1,125||$23.70||$26,662.50|| |
|4/25/2014||Adam Miller||CFO||Sell||15,335||$24.20||$371,107.00|| |
|3/13/2014||L Randy Knight||Chairman||Sell||29,200||$22.54||$658,168.00|| |
|3/11/2014||Wayne Yu||VP||Sell||3,900||$22.52||$87,828.00|| |
|2/26/2014||Kevin Quast||COO||Sell||1,992||$21.75||$43,326.00|| |
|2/21/2014||David Jackson||President||Sell||40,202||$21.83||$877,609.66|| |
|2/7/2014||James Jr. Updike||VP||Sell||20,700||$21.35||$441,945.00|| |
|2/3/2014||L Randy Knight||Chairman||Sell||4,800||$20.85||$100,080.00|| |
|12/13/2013||Kevin Quast||COO||Sell||7,875||$17.72||$139,545.00|| |
|9/10/2013||Erick Kutter||Insider||Sell||22,500||$18.93||$425,925.00|| |
|8/19/2013||Michael Garnreiter||Director||Sell||5,625||$16.47||$92,643.75|| |
|8/5/2013||L Randy Knight||Chairman||Sell||17,550||$17.16||$301,158.00|| |
|8/2/2013||Kevin Quast||COO||Sell||4,949||$17.28||$85,518.72|| |
Headline Trends for Swift Transportation Company (NYSE:KNX)
Latest Headlines for Swift Transportation Company (NYSE:KNX)
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Swift Transportation Company (KNX) Chart for Monday, October, 23, 2017