Knight-Swift Transportation’s (KNX) Sell (D+) Rating Reaffirmed at Weiss Ratings

Knight-Swift Transportation (NYSE:KNX)‘s stock had its “sell (d+)” rating reiterated by investment analysts at Weiss Ratings in a report issued on Wednesday,Weiss Ratings reports.

KNX has been the subject of a number of other reports. UBS Group lowered shares of Knight-Swift Transportation from a “buy” rating to a “neutral” rating and boosted their target price for the company from $46.00 to $51.00 in a research note on Friday, September 5th. JPMorgan Chase & Co. upped their price target on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a “neutral” rating in a research note on Thursday, July 24th. Deutsche Bank Aktiengesellschaft raised shares of Knight-Swift Transportation from a “hold” rating to a “buy” rating and upped their price target for the stock from $43.00 to $53.00 in a research note on Thursday, October 2nd. Evercore ISI reduced 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 note on Tuesday, September 30th. Finally, Morgan Stanley reduced their price target on shares of Knight-Swift Transportation from $68.00 to $67.00 and set an “overweight” rating for the company in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $51.94.

Knight-Swift Transportation Trading Up 7.2%

Knight-Swift Transportation stock opened at $45.89 on Wednesday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.30. The firm has a 50-day moving average price of $42.17 and a two-hundred day moving average price of $42.94. The firm has a market capitalization of $7.45 billion, a price-to-earnings ratio of 44.99, a PEG ratio of 0.73 and a beta of 1.14. 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 posted its earnings results on Wednesday, July 23rd. The transportation company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.01. The firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.87 billion. Knight-Swift Transportation had a net margin of 2.22% and a return on equity of 3.03%. Knight-Swift Transportation’s revenue was up .8% on a year-over-year basis. During the same period in the previous year, the business posted $0.24 EPS. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. Sell-side analysts expect that Knight-Swift Transportation will post 2.13 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Michael K. Liu sold 3,420 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $43.41, for a total transaction of $148,462.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 3.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Knight-Swift Transportation

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. ProShare Advisors LLC lifted its stake in Knight-Swift Transportation by 3.8% during the second quarter. ProShare Advisors LLC now owns 7,529 shares of the transportation company’s stock valued at $333,000 after purchasing an additional 276 shares during the last quarter. Brooklyn Investment Group lifted its stake in Knight-Swift Transportation by 93.4% during the first quarter. Brooklyn Investment Group now owns 642 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 310 shares during the last quarter. UMB Bank n.a. lifted its stake in Knight-Swift Transportation by 40.0% during the first quarter. UMB Bank n.a. now owns 1,133 shares of the transportation company’s stock valued at $49,000 after purchasing an additional 324 shares during the last quarter. IFP Advisors Inc raised its holdings in shares of Knight-Swift Transportation by 21.3% during the second quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company’s stock valued at $96,000 after acquiring an additional 379 shares during the period. Finally, Tectonic Advisors LLC raised its holdings in shares of Knight-Swift Transportation by 0.6% during the first quarter. Tectonic Advisors LLC now owns 62,715 shares of the transportation company’s stock valued at $2,727,000 after acquiring an additional 403 shares during the period. 88.77% of the stock is owned by institutional investors and hedge funds.

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.