Knight-Swift Transportation (NYSE:KNX) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Knight-Swift Transportation (NYSE:KNX) had its price target lifted by research analysts at Stifel Nicolaus from $52.00 to $59.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the transportation company’s stock. Stifel Nicolaus’ target price would suggest a potential upside of 9.71% from the company’s previous close.

A number of other equities analysts have also weighed in on the stock. Evercore ISI dropped their price target on shares of Knight-Swift Transportation from $47.00 to $42.00 and set an “in-line” rating for the company in a research report on Tuesday, September 30th. Susquehanna dropped their target price on shares of Knight-Swift Transportation from $43.00 to $42.00 and set a “neutral” rating for the company in a report on Thursday, October 23rd. Bank of America raised Knight-Swift Transportation from a “neutral” rating to a “buy” rating and raised their price target for the company from $41.00 to $50.00 in a report on Thursday, October 16th. UBS Group cut Knight-Swift Transportation from a “buy” rating to a “neutral” rating and increased their target price for the stock from $46.00 to $51.00 in a research report on Friday, September 5th. Finally, Citigroup lifted their target price on Knight-Swift Transportation from $55.00 to $59.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $55.24.

Knight-Swift Transportation Stock Performance

Knight-Swift Transportation stock traded up $0.58 during trading on Tuesday, reaching $53.78. The company had a trading volume of 858,224 shares, compared to its average volume of 3,069,236. The firm has a market capitalization of $8.73 billion, a price-to-earnings ratio of 61.14, a price-to-earnings-growth ratio of 1.05 and a beta of 1.17. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.31. The firm’s 50-day simple moving average is $45.99 and its 200 day simple moving average is $44.32. Knight-Swift Transportation has a 52 week low of $36.69 and a 52 week high of $61.51.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.The company had revenue of $1.72 billion during the quarter, compared to analysts’ expectations of $1.91 billion. During the same quarter in the previous year, the company earned $0.34 EPS. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. Sell-side analysts forecast that Knight-Swift Transportation will post 2.13 earnings per share for the current fiscal year.

Insider Buying and Selling at Knight-Swift Transportation

In other news, Chairman Kevin P. Knight sold 35,000 shares of the business’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $51.01, for a total value of $1,785,350.00. Following the sale, the chairman directly owned 1,405,347 shares in the company, valued at $71,686,750.47. The trade was a 2.43% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Reed Stultz sold 4,692 shares of the company’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $51.51, for a total transaction of $241,684.92. Following the sale, the senior vice president owned 465 shares in the company, valued at $23,952.15. This represents a 90.98% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 43,992 shares of company stock worth $2,220,707 over the last 90 days. 3.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of KNX. Brooklyn Investment Group boosted its stake 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 worth $28,000 after purchasing an additional 310 shares during the period. Caitong International Asset Management Co. Ltd grew its stake in shares of Knight-Swift Transportation by 1,478.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after buying an additional 828 shares during the last quarter. SJS Investment Consulting Inc. grew its stake in shares of Knight-Swift Transportation by 7,100.0% during the third quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock valued at $37,000 after buying an additional 923 shares during the last quarter. Versant Capital Management Inc raised its holdings in shares of Knight-Swift Transportation by 111.3% in the third quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock worth $37,000 after buying an additional 493 shares during the period. Finally, MMA Asset Management LLC bought a new stake in shares of Knight-Swift Transportation during the 3rd quarter worth approximately $41,000. 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.