NYSE:KNX

Knight-Swift Transportation Stock Forecast, Price & News

$57.39

-0.70 (-1.21%)

(As of 11/26/2021 04:00 PM ET)

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Today's Range: $56.50
▼
$57.91
50-Day Range: $47.42
▼
$60.27
52-Week Range: $39.17
▼
$60.60

Volume: 844,447 shs
Average Volume: 1.62 million shs
Market Capitalization: $9.52 billion

P/E Ratio: 15.26
Dividend Yield: 0.69%
Beta: 1.29

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About Knight-Swift Transportation

Knight-Swift Transportation Holdings, Inc. engages in the provision of multiple truckload transportation and logistics services. It operates through the following business segments: Trucking, Logistics, and Intermodal. The Trucking segment comprises irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations. The Logistics segment include brokerage and other freight management services. The Intermodal segment consists revenue generated by moving freight over the rail in the containers and other trailing equipment, combined with the revenue for drayage to transport loads between the railheads and customer locations. The company was founded in 1966 and is headquartered in Phoenix, AZ.

Knight-Swift Transportation Holdings (NYSE:KNX) Could Be A Buy For Its Upcoming Dividend
November 28, 2021 | nasdaq.com

J.B. Hunt (JBHT) Launches Transload Service in New York
November 23, 2021 | finance.yahoo.com

Knight-Swift Transportation (NYSE:KNX) PT Raised to $70.00 at KeyCorp
November 23, 2021 | americanbankingnews.com

Knight-Swift (KNX) Up 1.7% Since Last Earnings Report: Can It Continue?
November 19, 2021 | msn.com

Knight-Swift Transportation (NYSE:KNX) Hits New 52-Week High at $60.26
November 12, 2021 | americanbankingnews.com

Knight-Swift Transportation Holdings Inc.'s (NYSE:KNX) Stock Is Going Strong: Is the Market Following Fundamentals?
November 11, 2021 | finance.yahoo.com

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Announces $0.10 Quarterly Dividend
November 6, 2021 | americanbankingnews.com

Knight-Swift Transportation Holdings Inc. Announces Appointment of Louis Hobson to Board of Directors and Quarterly Cash Dividend
November 4, 2021 | finance.yahoo.com

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Chairman Sells $2,900,000.00 in Stock
November 4, 2021 | americanbankingnews.com

Knight-Swift Transportation (NYSE:KNX) Releases FY 2021 Earnings Guidance
November 3, 2021 | americanbankingnews.com

Help Wanted: Truck Drivers to Unclog the Supply Chain
November 2, 2021 | finance.yahoo.com

Best Momentum Stocks to Buy for October 25th
October 25, 2021 | finance.yahoo.com

AAA Cooper Transportation expanding with the addition of a St. Louis, Missouri Service Center
October 18, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Trucking, except local
Sub-Industry: Trucking
Sector: Transportation
Current Symbol: NYSE:KNX
Previous Symbol
CUSIP: 49906410
CIK: 1492691
Web: www.knighttrans.com
Phone: (602) 269-2000
Fax: 602-269-8542
Employees: 22,900
Year Founded: 1989

Sales & Book Value

Annual Sales: $4.67 billion
Price / Sales: 2.04
Cash Flow: $5.77 per share
Price / Cash Flow: 9.95
Book Value: $37.99 per share
Price / Book: 1.51

Profitability

EPS (Most Recent Fiscal Year): $3.76
Net Income: $410 million
Net Margins: 11.56%
Pretax Margin: 15.39%
Return on Equity: 11.20%
Return on Assets: 7.53%

Debt

Debt-to-Equity Ratio: 0.28
Current Ratio: 1.65
Quick Ratio: 1.65

Price-To-Earnings

Trailing P/E Ratio: 15.26
Forward P/E Ratio: 12.70
P/E Growth: 0.86

Miscellaneous

Outstanding Shares: 165,957,000
Free Float: 120,319,000
Market Cap: $9.52 billion
Optionable: Optionable

Company Calendar

Ex-Dividend: 9/02/2021
Dividend Payable: 9/27/2021
Last Earnings: 10/19/2021
Today: 11/28/2021
Fiscal Year End: 12/31/2021
Next Earnings (Estimated): 1/26/2022

MarketRank^™

Overall MarketRank^™

3.16 out of 5 stars

Transportation Sector

5th out of 172 stocks

Trucking, Except Local Industry

1st out of 18 stocks

2.3 Analyst's Opinion

Consensus Rating
Knight-Swift Transportation has received a consensus rating of Buy. The company's average rating score is 2.59, and is based on 14 buy ratings, 7 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $59.00, Knight-Swift Transportation has a forecasted upside of 2.8% from its current price of $57.39.
Amount of Analyst Coverage
Knight-Swift Transportation has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.5 Community Rank

Outperform Votes
Knight-Swift Transportation has received 708 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Knight-Swift Transportation has received 334 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Knight-Swift Transportation has received 67.95% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Knight-Swift Transportation and other stocks. Vote “Outperform” if you believe KNX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KNX will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Knight-Swift Transportation has a dividend yield of 0.69%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Knight-Swift Transportation has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Knight-Swift Transportation is 10.64%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Knight-Swift Transportation will have a dividend payout ratio of 8.10% next year. This indicates that Knight-Swift Transportation will be able to sustain or increase its dividend.

4.2 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Knight-Swift Transportation insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,821,222.00 in company stock.
Percentage Held by Insiders
27.50% of the stock of Knight-Swift Transportation is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
87.69% of the stock of Knight-Swift Transportation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Knight-Swift Transportation are expected to grow by 9.29% in the coming year, from $4.52 to $4.94 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Knight-Swift Transportation is 15.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.57.
Price to Earnings Ratio vs. Sector
The P/E ratio of Knight-Swift Transportation is 15.26, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 14.85.
Price to Earnings Growth Ratio
Knight-Swift Transportation has a PEG Ratio of 0.86. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Knight-Swift Transportation has a P/B Ratio of 1.51. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Knight-Swift Transportation (NYSE:KNX) Frequently Asked Questions

Is Knight-Swift Transportation a buy right now?: 22 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Knight-Swift Transportation in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Knight-Swift Transportation stock.
View analyst ratings for Knight-Swift Transportation or view top-rated stocks.
How has Knight-Swift Transportation's stock price been impacted by Coronavirus (COVID-19)?: Knight-Swift Transportation's stock was trading at $30.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, KNX shares have increased by 85.8% and is now trading at $57.39.
View which stocks have been most impacted by COVID-19.
When is Knight-Swift Transportation's next earnings date?: Knight-Swift Transportation is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Knight-Swift Transportation.
How were Knight-Swift Transportation's earnings last quarter?: Knight-Swift Transportation Holdings Inc. (NYSE:KNX) posted its earnings results on Tuesday, October, 19th. The transportation company reported $1.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.07 by $0.23. The transportation company earned $1.64 billion during the quarter, compared to the consensus estimate of $1.51 billion. Knight-Swift Transportation had a trailing twelve-month return on equity of 11.20% and a net margin of 11.56%. The firm's revenue was up 35.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.79 EPS.
View Knight-Swift Transportation's earnings history.
How often does Knight-Swift Transportation pay dividends? What is the dividend yield for Knight-Swift Transportation?: Knight-Swift Transportation announced a quarterly dividend on Thursday, November 4th. Stockholders of record on Friday, December 3rd will be given a dividend of $0.10 per share on Monday, December 27th. This represents a $0.40 dividend on an annualized basis and a yield of 0.70%. The ex-dividend date of this dividend is Thursday, December 2nd.
View Knight-Swift Transportation's dividend history.
Is Knight-Swift Transportation a good dividend stock?: Knight-Swift Transportation pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.69%. Knight-Swift Transportation has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Knight-Swift Transportation is 10.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Knight-Swift Transportation will have a dividend payout ratio of 8.10% next year. This indicates that Knight-Swift Transportation will be able to sustain or increase its dividend.
View Knight-Swift Transportation's dividend history.
What guidance has Knight-Swift Transportation issued on next quarter's earnings?: Knight-Swift Transportation updated its FY 2021 earnings guidance on Wednesday, November, 3rd. The company provided earnings per share (EPS) guidance of $4.500-$4.550 for the period, compared to the Thomson Reuters consensus EPS estimate of $4.010. The company issued revenue guidance of -.
What price target have analysts set for KNX?: 22 equities research analysts have issued twelve-month price objectives for Knight-Swift Transportation's shares. Their forecasts range from $42.00 to $80.00. On average, they anticipate Knight-Swift Transportation's stock price to reach $59.00 in the next twelve months. This suggests a possible upside of 2.8% from the stock's current price.
View analysts' price targets for Knight-Swift Transportation or view top-rated stocks among Wall Street analysts.
Who are Knight-Swift Transportation's key executives?: Knight-Swift Transportation's management team includes the following people:
David A. Jackson, President, Chief Executive Officer & Director
Adam W. Miller, Chief Financial Officer & Treasurer
Cary Michael Flanagan, Chief Accounting Officer & Senior Vice President
Kevin Quast, Chief Administrative Officer
Todd F. Carlson, Secretary & General Counsel
What is David A. Jackson's approval rating as Knight-Swift Transportation's CEO?: 138 employees have rated Knight-Swift Transportation CEO David A. Jackson on Glassdoor.com. David A. Jackson has an approval rating of 71% among Knight-Swift Transportation's employees.
Who are some of Knight-Swift Transportation's key competitors?: Some companies that are related to Knight-Swift Transportation include Old Dominion Freight Line (ODFL), J.B. Hunt Transport Services (JBHT), Avis Budget Group (CAR), AMERCO (UHAL), Saia (SAIA), Landstar System (LSTR), Ryder System (R), Werner Enterprises (WERN), Marten Transport (MRTN), Heartland Express (HTLD) and FRP (FRPH).
View all of KNX's competitors.
What other stocks do shareholders of Knight-Swift Transportation own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Knight-Swift Transportation investors own include NVIDIA (NVDA), CVS Health (CVS), Advanced Micro Devices (AMD), AbbVie (ABBV), Cisco Systems (CSCO), Walt Disney (DIS), AT&T (T), Visa (V), Bank of America (BAC) and Home Depot (HD).
What is Knight-Swift Transportation's stock symbol?: Knight-Swift Transportation trades on the New York Stock Exchange (NYSE) under the ticker symbol "KNX."
Who are Knight-Swift Transportation's major shareholders?: Knight-Swift Transportation's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (9.68%), Wellington Management Group LLP (7.24%), Alliancebernstein L.P. (5.54%), Morgan Stanley (2.80%), Ensign Peak Advisors Inc (2.33%) and Dimensional Fund Advisors LP (2.26%). Company insiders that own Knight-Swift Transportation stock include Cary M Flanagan, Gary J Knight, James E Jr Updike, James L Fitzsimmons, Jerry Moyes, Kevin P Knight, Lyndee Moyes Nester, Michael Garnreiter, Michael K Liu, Shannon Breen, Timothy Sean Harrington and Wayne Yu.
View institutional ownership trends for Knight-Swift Transportation.
Which institutional investors are selling Knight-Swift Transportation stock?: KNX stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Sepio Capital LP, Invesco Ltd., Ensign Peak Advisors Inc, Wasatch Advisors Inc., Teacher Retirement System of Texas, Tocqueville Asset Management L.P., and Alliancebernstein L.P.. Company insiders that have sold Knight-Swift Transportation company stock in the last year include Cary M Flanagan, Gary J Knight, James E Jr Updike, James L Fitzsimmons, Kevin P Knight, Michael K Liu, and Timothy Sean Harrington.
View insider buying and selling activity for Knight-Swift Transportation or view top insider-selling stocks.
Which institutional investors are buying Knight-Swift Transportation stock?: KNX stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Nordea Investment Management AB, Massachusetts Financial Services Co. MA, Strs Ohio, Triton Wealth Management PLLC, Geode Capital Management LLC, Truist Financial Corp, and PEAK6 Investments LLC.
View insider buying and selling activity for Knight-Swift Transportation or or view top insider-buying stocks.
How do I buy shares of Knight-Swift Transportation?: Shares of KNX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Knight-Swift Transportation's stock price today?: One share of KNX stock can currently be purchased for approximately $57.39.
How much money does Knight-Swift Transportation make?: Knight-Swift Transportation has a market capitalization of $9.52 billion and generates $4.67 billion in revenue each year. The transportation company earns $410 million in net income (profit) each year or $3.76 on an earnings per share basis.
How many employees does Knight-Swift Transportation have?: Knight-Swift Transportation employs 22,900 workers across the globe.
When was Knight-Swift Transportation founded?: Knight-Swift Transportation was founded in 1989.
What is Knight-Swift Transportation's official website?: The official website for Knight-Swift Transportation is www.knighttrans.com.
Where are Knight-Swift Transportation's headquarters?: Knight-Swift Transportation is headquartered at 20002 NORTH 19TH AVENUE, PHOENIX AZ, 85027.
How can I contact Knight-Swift Transportation?: Knight-Swift Transportation's mailing address is 20002 NORTH 19TH AVENUE, PHOENIX AZ, 85027. The transportation company can be reached via phone at (602) 269-2000, via email at [email protected], or via fax at 602-269-8542.

This page was last updated on 11/28/2021 by MarketBeat.com Staff

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Knight-Swift Transportation Stock Forecast, Price & News

About Knight-Swift Transportation

Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous

Company Calendar

MarketRank™

Overall MarketRank™

2.3 Analyst's Opinion

4.5 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

1.7 Dividend Strength

4.2 Company Ownership

3.1 Earnings and Valuation

Knight-Swift Transportation (NYSE:KNX) Frequently Asked Questions

Is Knight-Swift Transportation a buy right now?

How has Knight-Swift Transportation's stock price been impacted by Coronavirus (COVID-19)?

When is Knight-Swift Transportation's next earnings date?

How were Knight-Swift Transportation's earnings last quarter?

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

Is Knight-Swift Transportation a good dividend stock?

What guidance has Knight-Swift Transportation issued on next quarter's earnings?

What price target have analysts set for KNX?

Who are Knight-Swift Transportation's key executives?

What is David A. Jackson's approval rating as Knight-Swift Transportation's CEO?

Who are some of Knight-Swift Transportation's key competitors?

What other stocks do shareholders of Knight-Swift Transportation own?

What is Knight-Swift Transportation's stock symbol?

Who are Knight-Swift Transportation's major shareholders?

Which institutional investors are selling Knight-Swift Transportation stock?

Which institutional investors are buying Knight-Swift Transportation stock?

How do I buy shares of Knight-Swift Transportation?

What is Knight-Swift Transportation's stock price today?

How much money does Knight-Swift Transportation make?

How many employees does Knight-Swift Transportation have?

When was Knight-Swift Transportation founded?

What is Knight-Swift Transportation's official website?

Where are Knight-Swift Transportation's headquarters?

How can I contact Knight-Swift Transportation?

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