Benchmark Issues Positive Forecast for Knight-Swift Transportation (NYSE:KNX) Stock Price

Knight-Swift Transportation (NYSE:KNX) had its price target upped by Benchmark from $70.00 to $75.00 in a research note issued to investors on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the transportation company’s stock. Benchmark’s price objective suggests a potential upside of 11.47% from the stock’s previous close.

A number of other research analysts also recently weighed in on KNX. Robert W. Baird raised their price target on shares of Knight-Swift Transportation from $62.00 to $70.00 and gave the company an “outperform” rating in a report on Thursday. Wells Fargo & Company raised their price target on shares of Knight-Swift Transportation from $60.00 to $65.00 and gave the company an “overweight” rating in a report on Tuesday, April 7th. Stifel Nicolaus raised their price target on shares of Knight-Swift Transportation from $61.00 to $63.00 and gave the company a “buy” rating in a report on Thursday, April 2nd. Weiss Ratings upgraded shares of Knight-Swift Transportation from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, April 15th. Finally, Barclays raised their price target on shares of Knight-Swift Transportation from $65.00 to $75.00 and gave the company an “overweight” rating in a report on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $64.61.

Knight-Swift Transportation Stock Up 5.2%

Knight-Swift Transportation stock traded up $3.30 during trading hours on Thursday, hitting $67.28. The company had a trading volume of 998,932 shares, compared to its average volume of 3,199,407. The firm has a market capitalization of $10.93 billion, a P/E ratio of 164.52, a price-to-earnings-growth 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 firm’s fifty day moving average is $58.89 and its 200-day moving average is $53.38. Knight-Swift Transportation has a fifty-two week low of $37.76 and a fifty-two week high of $67.75.

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

Insider Activity

In related news, Chairman Kevin P. Knight sold 30,000 shares of the firm’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $61.00, for a total value of $1,830,000.00. Following the transaction, the chairman directly owned 1,305,347 shares in the company, valued at approximately $79,626,167. This trade represents a 2.25% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Michael K. Liu sold 1,243 shares of the firm’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $60.87, for a total transaction of $75,661.41. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 42,930 shares of company stock valued at $2,581,186. 2.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Fifth Third Wealth Advisors LLC boosted its position in shares of Knight-Swift Transportation by 4.5% in the first quarter. Fifth Third Wealth Advisors LLC now owns 5,183 shares of the transportation company’s stock valued at $298,000 after acquiring an additional 222 shares during the period. Fifth Third Bancorp grew its stake in shares of Knight-Swift Transportation by 44.4% in the fourth quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock worth $45,000 after acquiring an additional 267 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Knight-Swift Transportation by 123.9% in the first quarter. Blue Trust Inc. now owns 544 shares of the transportation company’s stock worth $31,000 after acquiring an additional 301 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake 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 worth $2,091,000 after acquiring an additional 306 shares during the last quarter. Finally, Parallel Advisors LLC grew its stake in shares of Knight-Swift Transportation by 7.9% in the fourth quarter. Parallel Advisors LLC now owns 4,240 shares of the transportation company’s stock worth $222,000 after acquiring an additional 309 shares during the last quarter. 88.77% of the stock is currently owned by institutional investors and hedge funds.

Knight-Swift Transportation News Summary

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

• Positive Sentiment: TD Cowen reiterated a Buy and sharply raised its price target to $78, citing tighter truckload capacity, regulatory tailwinds and potential margin upside — a catalyst for optimism on KNX’s forward profitability. TD Cowen / TipRanks
• Positive Sentiment: Robert W. Baird raised its price target to $70 and kept an Outperform rating, signaling additional analyst conviction that shares have room to the upside. Benzinga
• Neutral Sentiment: Susquehanna lifted its target to $72 but maintained a Neutral rating — a mixed signal (higher valuation support but not a full endorsement). Benzinga
• Neutral Sentiment: Consensus positioning: some outlets note a “Moderate Buy” consensus across analysts, reflecting more buys/price-target lifts than cuts even after the quarter. American Banking News
• Negative Sentiment: Q1 results were weak: EPS of $0.09 (well below the street’s prior view), a swing toward a first?quarter loss year?over?year, and only modest revenue growth — near-term margins and profitability disappointed. Investors concerned about the miss and rising costs reacted, but the market is weighing forward catalysts more heavily. MarketBeat / Earnings WSJ
• Negative Sentiment: Management cited a tightening truckload market and higher fuel costs (geopolitical-driven), which pressured margins in the quarter — these are short-term headwinds to watch. BusinessWire / Press Release

About Knight-Swift Transportation

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.