NYSE:KNXKnight-Swift Transportation Stock Price, Forecast & News

$41.33

+0.56 (+1.37 %)

(As of 06/5/2020 11:29 AM ET)

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Today's Range

$40.69

Now: $41.33▼

$42.00

50-Day Range

$34.25

MA: $38.04▼

$41.61

52-Week Range

$27.54

Now: $41.33▼

$42.07

Volume60,930 shs

Average Volume1.99 million shs

Market Capitalization$7.02 billion

P/E Ratio24.75

Dividend Yield0.80%

Beta1.36

Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States, Mexico, and Canada. The company operates through six segments: Knight Trucking, Knight Logistics, Swift Truckload, Swift Dedicated, Swift Refrigerated, and Swift Intermodal. Its trucking services include dry van, refrigerated, dedicated, drayage, flatbed, and cross-border transportation of various products, goods, and materials. The company also provides logistics, freight brokerage and intermodal, freight management, and sourcing services, as well as other non-trucking services, such as repair and maintenance shop services and used equipment sales and leasing to independent contractors and third-parties. It operates a fleet of approximately 15,743 company-owned tractors; approximately 3,413 independent contractor tractors; approximately 69,544 trailers; and approximately 9,330 intermodal containers. It serves the retail, food and beverage, consumer products, paper products, transportation and logistics, housing and building, automotive, and manufacturing industries. Knight-Swift Transportation Holdings Inc. was founded in 1989 and is headquartered in Phoenix, Arizona.

Beat the Market (BTM) Rank^™

2.4 Analyst's Opinion

Consensus Rating
Knight-Swift Transportation has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 12 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $40.54, Knight-Swift Transportation has a potential downside of 2.0% from its current price of $41.38.
Amount of Analyst Coverage
Knight-Swift Transportation has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.6 Community Rank

Outperform Votes
Knight-Swift Transportation has received 665 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Knight-Swift Transportation has received 632 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Knight-Swift Transportation has received 51.27% “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.

4.2 Dividend Strength

Dividend Leadership
Knight-Swift Transportation is a leading dividend payer. It pays a dividend yield of 0.80%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Knight-Swift Transportation has been increasing its dividend for 5 years.
Dividend Coverage
The dividend payout ratio of Knight-Swift Transportation is 14.75 %. 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 14.95 % next year. This indicates that Knight-Swift Transportation will be able to sustain or increase its dividend.

1.0 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 $15,621,745.00 in company stock.
Percentage Held by Insiders
Only 27.50% of the stock of Knight-Swift Transportation is held by insiders.
Percentage Held by Institutions
85.79% 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.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Knight-Swift Transportation are expected to grow by 25.15% in the coming year, from $1.71 to $2.14 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Knight-Swift Transportation is 24.78, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.22.
Price to Earnings Ratio vs. Sector
The P/E ratio of Knight-Swift Transportation is 24.78, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 15.28.
Price to Earnings Growth Ratio
Knight-Swift Transportation has a PEG Ratio of 1.56. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Knight-Swift Transportation has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.28 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Trucking, except local

Sub-IndustryTrucking

SectorTransportation

Current SymbolNYSE:KNX

Previous Symbol

CUSIP49906410

CIK1492691

Webwww.knighttrans.com

Phone602-269-2000

Debt

Debt-to-Equity Ratio0.08

Current Ratio0.86

Quick Ratio0.86

Price-To-Earnings

Trailing P/E Ratio24.75

Forward P/E Ratio24.17

P/E Growth1.56

Sales & Book Value

Annual Sales$4.84 billion

Price / Sales1.45

Cash Flow$5.05 per share

Price / Cash Flow8.18

Book Value$33.21 per share

Price / Book1.24

Profitability

EPS (Most Recent Fiscal Year)$2.17

Net Income$309.21 million

Net Margins6.02%

Return on Equity6.28%

Return on Assets4.27%

Miscellaneous

Employees23,800

Outstanding Shares169,820,000

Market Cap$7.02 billion

Next Earnings Date7/22/2020 (Estimated)

OptionableOptionable

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

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

Knight-Swift Transportation's stock was trading at $30.88 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KNX stock has increased by 34.0% and is now trading at $41.38. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Knight-Swift Transportation?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Knight-Swift Transportation in the last year. There are currently 3 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Knight-Swift Transportation.

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

Knight-Swift Transportation is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. 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 Wednesday, April, 22nd. The transportation company reported $0.44 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.35 by $0.09. The transportation company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. Knight-Swift Transportation had a return on equity of 6.28% and a net margin of 6.02%. The business's quarterly revenue was down 6.6% on a year-over-year basis. During the same quarter last year, the business earned $0.55 earnings per share. 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 Friday, May 8th. Investors of record on Friday, June 5th will be paid a dividend of $0.08 per share on Friday, June 26th. This represents a $0.32 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date of this dividend is Thursday, June 4th. View Knight-Swift Transportation's dividend history.

What price target have analysts set for KNX?

15 equities research analysts have issued 1 year price targets for Knight-Swift Transportation's stock. Their forecasts range from $33.00 to $48.00. On average, they expect Knight-Swift Transportation's stock price to reach $40.54 in the next year. This suggests that the stock has a possible downside of 2.0%. View analysts' price targets for Knight-Swift Transportation.

Has Knight-Swift Transportation been receiving favorable news coverage?

News headlines about KNX stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Knight-Swift Transportation earned a news sentiment score of -1.7 on InfoTrie's scale. They also gave news stories about the transportation company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutKnight-Swift Transportation.

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), AMERCO (UHAL), Landstar System (LSTR), Saia (SAIA), Werner Enterprises (WERN), Ryder System (R), Avis Budget Group (CAR), Heartland Express (HTLD), Marten Transport (MRTN), FRP (FRPH), Hertz Global (HTZ) and Roadrunner Transportation Systems (RRTS). View all 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 Cisco Systems (CSCO), Walt Disney (DIS), Home Depot (HD), NVIDIA (NVDA), Visa (V), Verizon Communications (VZ), Bank of America (BAC), CVS Health (CVS), AT&T (T) and UnitedHealth Group (UNH).

Who are Knight-Swift Transportation's key executives?

Knight-Swift Transportation's management team includes the following people:

Mr. Kevin P. Knight, Exec. Chairman (Age 62)
Mr. David A. Jackson, Pres, CEO & Director (Age 43)
Mr. Adam W. Miller, CFO & Treasurer (Age 38)
Mr. Gary J. Knight, Exec. Vice Chairman (Age 67)
Mr. Cary Michael Flanagan, Chief Accounting Officer (Age 45)

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 variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.98%), Wellington Management Group LLP (3.83%), Alliancebernstein L.P. (3.55%), Ensign Peak Advisors Inc (3.35%), State Street Corp (2.54%) and Bank of New York Mellon Corp (2.43%). 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, Kevin Quast, Michael K Liu, Ploeg David Vander, Robert E Synowicki Jr, 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 Wasatch Advisors Inc., Nuveen Asset Management LLC, Castleark Management LLC, Vaughan Nelson Investment Management L.P., Invesco Ltd., Bank of New York Mellon Corp, BlackRock Inc., and Alyeska Investment Group 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, Jerry Moyes, Kevin P Knight, Kevin Quast, Michael K Liu, Ploeg David Vander, Timothy Sean Harrington, and Wayne Yu. View insider buying and selling activity for Knight-Swift Transportation.

Which institutional investors are buying Knight-Swift Transportation stock?

KNX stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Massachusetts Financial Services Co. MA, Ceredex Value Advisors LLC, Scopus Asset Management L.P., Scout Investments Inc., Weiss Multi Strategy Advisers LLC, Carillon Tower Advisers Inc., and Shellback Capital LP. Company insiders that have bought Knight-Swift Transportation stock in the last two years include Robert E Synowicki Jr, and Wayne Yu. View insider buying and selling activity for Knight-Swift Transportation.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

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

One share of KNX stock can currently be purchased for approximately $41.38.

How big of a company is Knight-Swift Transportation?

Knight-Swift Transportation has a market capitalization of $7.03 billion and generates $4.84 billion in revenue each year. The transportation company earns $309.21 million in net income (profit) each year or $2.17 on an earnings per share basis. Knight-Swift Transportation employs 23,800 workers across the globe.

What is Knight-Swift Transportation's official website?

The official website for Knight-Swift Transportation is www.knighttrans.com.

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 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff