Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Receives $84.26 Average PT from Analysts

Shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) have earned an average rating of “Moderate Buy” from the twenty-one research firms that are currently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold recommendation, sixteen have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $84.2632.

A number of equities research analysts recently issued reports on the company. Citigroup reissued a “market outperform” rating on shares of Knight-Swift Transportation in a research report on Wednesday, August 26th. JPMorgan Chase & Co. upped their price target on Knight-Swift Transportation from $77.00 to $84.00 and gave the stock a “neutral” rating in a research report on Thursday, July 23rd. Stephens raised shares of Knight-Swift Transportation to a “strong-buy” rating in a research note on Wednesday, July 8th. UBS Group lifted their price objective on shares of Knight-Swift Transportation from $79.00 to $94.00 and gave the company a “buy” rating in a report on Monday, June 1st. Finally, Wall Street Zen lowered shares of Knight-Swift Transportation from a “buy” rating to a “hold” rating in a research report on Saturday, August 29th.

Insider Activity

In related news, Director David Vander Ploeg sold 2,200 shares of Knight-Swift Transportation stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $52.33, for a total value of $115,126.00. Following the sale, the director owned 30,252 shares of the company’s stock, valued at approximately $1,583,087.16. The trade was a 6.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Cary Flanagan sold 3,600 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $70.82, for a total value of $254,952.00. Following the sale, the chief accounting officer owned 5,405 shares in the company, valued at $382,782.10. The trade was a 39.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 224,954 shares of company stock worth $16,183,454 in the last quarter. Corporate insiders own 2.90% of the company’s stock.

Institutional Investors Weigh In On Knight-Swift Transportation

Several large investors have recently made changes to their positions in KNX. MCF Advisors LLC grew its stake in shares of Knight-Swift Transportation by 55.8% in the second quarter. MCF Advisors LLC now owns 676 shares of the transportation company’s stock valued at $53,000 after buying an additional 242 shares in the last quarter. Engineers Gate Manager LP raised its position in Knight-Swift Transportation by 54.3% during the second quarter. Engineers Gate Manager LP now owns 175,244 shares of the transportation company’s stock worth $13,646,000 after acquiring an additional 61,706 shares in the last quarter. Cidel Asset Management Inc. acquired a new stake in Knight-Swift Transportation in the second quarter valued at $208,000. NewEdge Advisors LLC grew its position in shares of Knight-Swift Transportation by 245.5% in the 2nd quarter. NewEdge Advisors LLC now owns 12,875 shares of the transportation company’s stock valued at $1,003,000 after acquiring an additional 9,149 shares during the period. Finally, IFP Advisors Inc grew its position in shares of Knight-Swift Transportation by 50.5% in the 2nd quarter. IFP Advisors Inc now owns 3,065 shares of the transportation company’s stock valued at $239,000 after acquiring an additional 1,029 shares during the period. Institutional investors and hedge funds own 88.77% of the company’s stock.

Knight-Swift Transportation Price Performance

KNX stock opened at $66.79 on Friday. The stock has a 50-day moving average price of $70.49 and a two-hundred day moving average price of $68.23. Knight-Swift Transportation has a 1 year low of $38.63 and a 1 year high of $82.86. The stock has a market cap of $10.87 billion, a PE ratio of 256.89, a price-to-earnings-growth ratio of 0.55 and a beta of 1.18. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.32.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.12. The company had revenue of $2.10 billion for the quarter, compared to analyst estimates of $2.05 billion. Knight-Swift Transportation had a return on equity of 3.51% and a net margin of 0.56%.The company’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.21 earnings per share. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. Equities analysts forecast that Knight-Swift Transportation will post 2.49 EPS for the current fiscal year.

Knight-Swift Transportation Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 21st. Shareholders of record on Friday, September 4th were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, September 4th. Knight-Swift Transportation’s payout ratio is presently 307.69%.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, less-than-truckload shipping, intermodal services and logistics solutions for commercial and industrial customers.

The company operates a large fleet of tractors and trailers and offers dedicated and irregular-route truckload services, freight brokerage and supply-chain support. Its less-than-truckload business transports smaller shipments through regional and national networks, while its intermodal operations combine rail and highway transportation.