Robert W. Baird Issues Positive Forecast for Knight-Swift Transportation (NYSE:KNX) Stock Price

Knight-Swift Transportation (NYSE:KNX) had its target price lifted by Robert W. Baird from $62.00 to $70.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the transportation company’s stock. Robert W. Baird’s price objective would indicate a potential upside of 9.43% from the company’s current price.

Other research analysts have also issued research reports about the company. Benchmark boosted their price target on Knight-Swift Transportation from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. Stifel Nicolaus boosted their price target on Knight-Swift Transportation from $61.00 to $63.00 and gave the stock a “buy” rating in a research report on Thursday, April 2nd. Stephens reduced their price target on Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating for the company in a research report on Thursday, January 22nd. JPMorgan Chase & Co. upped their price objective on Knight-Swift Transportation from $49.00 to $61.00 and gave the company a “neutral” rating in a report on Monday, January 12th. Finally, Wells Fargo & Company upped their price objective on Knight-Swift Transportation from $60.00 to $65.00 and gave the company an “overweight” rating in a report on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $64.33.

Knight-Swift Transportation Trading Down 1.4%

NYSE:KNX opened at $63.97 on Thursday. Knight-Swift Transportation has a 12-month low of $37.76 and a 12-month high of $66.61. The firm has a market capitalization of $10.39 billion, a P/E ratio of 156.03, a P/E/G ratio of 0.96 and a beta of 1.11. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.86 and a quick ratio of 0.86. The business has a 50 day simple moving average of $58.89 and a 200 day simple moving average of $53.38.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings results on Wednesday, April 22nd. The transportation company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.20). Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.The business had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.85 billion. During the same quarter last year, the firm posted $0.28 EPS. The company’s revenue was up 1.4% compared to the same quarter last year. Equities research analysts predict that Knight-Swift Transportation will post 1.95 EPS for the current year.

Insider Transactions at Knight-Swift Transportation

In other news, Chairman Kevin P. Knight sold 30,000 shares of the business’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $61.00, for a total transaction of $1,830,000.00. Following the sale, the chairman directly owned 1,305,347 shares of the company’s stock, valued at $79,626,167. The trade was a 2.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO James L. Fitzsimmons sold 5,917 shares of the business’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total value of $324,074.09. Following the sale, the chief operating officer directly owned 8,716 shares in the company, valued at $477,375.32. This trade represents a 40.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 42,930 shares of company stock worth $2,581,186. Corporate insiders own 2.90% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Hussman Strategic Advisors Inc. acquired a new position in Knight-Swift Transportation during the third quarter valued at $830,000. Victory Capital Management Inc. raised its position in Knight-Swift Transportation by 0.9% during the third quarter. Victory Capital Management Inc. now owns 8,496,137 shares of the transportation company’s stock valued at $335,682,000 after buying an additional 76,342 shares during the period. Deprince Race & Zollo Inc. raised its position in Knight-Swift Transportation by 5.8% during the third quarter. Deprince Race & Zollo Inc. now owns 701,856 shares of the transportation company’s stock valued at $27,730,000 after buying an additional 38,474 shares during the period. Allspring Global Investments Holdings LLC raised its position in Knight-Swift Transportation by 21.3% during the third quarter. Allspring Global Investments Holdings LLC now owns 4,361,230 shares of the transportation company’s stock valued at $169,826,000 after buying an additional 765,833 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new position in Knight-Swift Transportation during the third quarter valued at $749,000. 88.77% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Knight-Swift Transportation

Here are the key news stories impacting Knight-Swift Transportation this week:

• Positive Sentiment: TD Cowen’s Jason Seidl reiterated a Buy rating, arguing tighter truckload capacity, regulatory drivers and potential margin upside support KNX’s outlook. TD Cowen Buy Note
• Positive Sentiment: Susquehanna raised its price target to $72 (maintaining a neutral rating), signaling analyst recognition of upside versus the current price. Susquehanna PT Raise
• Neutral Sentiment: Top‑line performance was essentially in line: revenue ≈ $1.85B, roughly matching estimates; management hosted a conference call and published the slide deck for details. These items provide more disclosure but no clear directional surprise. Q1 Press Release & Call
• Neutral Sentiment: Analyst consensus remains constructive overall (consensus described as a “Moderate Buy”), reflecting mixed views across the sell side. Analyst Consensus
• Negative Sentiment: EPS missed expectations — reported $0.09 vs. street ~ $0.29 — and the company swung to a first‑quarter loss; that earnings miss is the primary near‑term negative catalyst. Earnings Press Release / Deck
• Negative Sentiment: Management cited a tightening truckload market and higher fuel costs (partly attributed to geopolitical events) as headwinds that pressured margins this quarter. WSJ: Q1 Loss & Headwinds
• Negative Sentiment: The earnings call/transcript provides detail on operational pressures and recovery timing; investors focused on margin recovery cadence may remain cautious until clearer improvement is shown. Earnings Call Transcript

Knight-Swift Transportation Company Profile

Knight-Swift Transportation Holdings Inc (NYSE: KNX) is one of North America’s largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.

The company’s core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.