Stifel Nicolaus Raises Knight-Swift Transportation (NYSE:KNX) Price Target to $63.00

Knight-Swift Transportation (NYSE:KNX) had its price target increased by stock analysts at Stifel Nicolaus from $61.00 to $63.00 in a report issued on Thursday,Benzinga reports. The firm currently has a “buy” rating on the transportation company’s stock. Stifel Nicolaus’ target price would suggest a potential upside of 8.63% from the company’s current price.

Several other research analysts have also commented on the company. Wells Fargo & Company set a $64.00 price target on Knight-Swift Transportation in a report on Friday, March 13th. Benchmark lifted their target price on shares of Knight-Swift Transportation from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. UBS Group upgraded shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and boosted their target price for the company from $54.00 to $66.00 in a report on Wednesday, March 18th. Morgan Stanley raised their price target on shares of Knight-Swift Transportation from $67.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, December 8th. Finally, JPMorgan Chase & Co. lifted their target price on Knight-Swift Transportation from $49.00 to $61.00 and gave the company a “neutral” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $61.78.

Knight-Swift Transportation Price Performance

Shares of KNX stock traded up $0.41 during trading hours on Thursday, reaching $57.99. The company had a trading volume of 300,376 shares, compared to its average volume of 3,250,513. Knight-Swift Transportation has a 12-month low of $36.69 and a 12-month high of $64.10. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.86 and a current ratio of 0.86. The company has a market capitalization of $9.42 billion, a price-to-earnings ratio of 141.42, a PEG ratio of 0.87 and a beta of 1.11. The stock has a fifty day moving average of $57.72 and a 200-day moving average of $51.10.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings data on Wednesday, January 21st. The transportation company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.05). The company had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.90 billion. Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.The business’s quarterly revenue was down .4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.36 EPS. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. On average, equities analysts anticipate that Knight-Swift Transportation will post 2.13 earnings per share for the current year.

Insider Buying and Selling at Knight-Swift Transportation

In related news, COO James L. Fitzsimmons sold 5,917 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $54.77, for a total transaction of $324,074.09. Following the sale, the chief operating officer directly owned 8,716 shares of the company’s stock, valued at $477,375.32. This represents a 40.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Michael K. Liu sold 1,243 shares of the company’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $60.87, for a total value of $75,661.41. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 42,930 shares of company stock worth $2,581,186. 3.00% of the stock is currently owned by company insiders.

Institutional Trading of Knight-Swift Transportation

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fifth Third Bancorp increased its position in Knight-Swift Transportation by 44.4% during the fourth quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock worth $45,000 after buying an additional 267 shares in the last quarter. Public Employees Retirement System of Ohio lifted its position in shares of Knight-Swift Transportation by 0.6% in the third quarter. Public Employees Retirement System of Ohio now owns 52,930 shares of the transportation company’s stock valued at $2,091,000 after acquiring an additional 306 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of Knight-Swift Transportation by 7.9% during the fourth quarter. Parallel Advisors LLC now owns 4,240 shares of the transportation company’s stock valued at $222,000 after acquiring an additional 309 shares during the last quarter. Lido Advisors LLC boosted its stake in shares of Knight-Swift Transportation by 0.4% during the fourth quarter. Lido Advisors LLC now owns 75,102 shares of the transportation company’s stock valued at $3,926,000 after acquiring an additional 335 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in Knight-Swift Transportation by 54.2% during the 4th quarter. Farther Finance Advisors LLC now owns 956 shares of the transportation company’s stock worth $50,000 after purchasing an additional 336 shares in the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

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.