UBS Group Issues Pessimistic Forecast for Knight-Swift Transportation (NYSE:KNX) Stock Price

Knight-Swift Transportation (NYSE:KNX) had its price target cut by analysts at UBS Group from $94.00 to $82.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the transportation company’s stock. UBS Group’s price target would indicate a potential upside of 30.10% from the stock’s previous close.

A number of other brokerages also recently weighed in on KNX. Stephens raised shares of Knight-Swift Transportation to a “strong-buy” rating in a research note on Wednesday, July 8th. TD Cowen increased their price target on Knight-Swift Transportation from $82.00 to $86.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Barclays lifted their price objective on Knight-Swift Transportation from $75.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Zacks Research downgraded Knight-Swift Transportation from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 31st. Finally, Wall Street Zen lowered Knight-Swift Transportation from a “buy” rating to a “hold” rating in a research report on Saturday, August 29th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $82.83.

Knight-Swift Transportation Trading Down 2.3%

Knight-Swift Transportation stock traded down $1.49 during mid-day trading on Tuesday, hitting $63.03. 4,530,078 shares of the stock were exchanged, compared to its average volume of 3,660,388. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.32. Knight-Swift Transportation has a 12 month low of $41.24 and a 12 month high of $82.86. The firm’s fifty day simple moving average is $68.09 and its two-hundred day simple moving average is $69.25. The stock has a market capitalization of $10.26 billion, a price-to-earnings ratio of 242.42, a PEG ratio of 0.54 and a beta of 1.21.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.12. Knight-Swift Transportation had a net margin of 0.56% and a return on equity of 3.51%. The firm had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter in the previous year, the company earned $0.21 EPS. The company’s revenue for the quarter was up 12.6% on a year-over-year basis. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. Analysts forecast that Knight-Swift Transportation will post 2.46 EPS for the current year.

Insiders Place Their Bets

In other Knight-Swift Transportation news, Director David Vander Ploeg sold 2,200 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $52.33, for a total value of $115,126.00. Following the completion of the sale, the director directly owned 30,252 shares in the company, valued at approximately $1,583,087.16. This trade represents a 6.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Cary Flanagan sold 3,600 shares of Knight-Swift Transportation stock in a transaction on Friday, July 31st. The shares were sold at an average price of $70.82, for a total transaction of $254,952.00. Following the completion of the sale, the chief accounting officer directly owned 5,405 shares of the company’s stock, valued at approximately $382,782.10. This trade represents a 39.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 224,954 shares of company stock worth $16,183,454. 2.90% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in KNX. Dimensional Fund Advisors LP grew its stake in Knight-Swift Transportation by 0.7% in the first quarter. Dimensional Fund Advisors LP now owns 8,458,088 shares of the transportation company’s stock valued at $486,995,000 after acquiring an additional 60,750 shares during the period. Manning & Napier Advisors LLC bought a new position in shares of Knight-Swift Transportation in the 2nd quarter worth $173,669,000. Sei Investments Co. grew its position in Knight-Swift Transportation by 24.7% in the 1st quarter. Sei Investments Co. now owns 842,644 shares of the transportation company’s stock valued at $48,519,000 after purchasing an additional 166,919 shares during the period. Principal Financial Group Inc. grew its position in Knight-Swift Transportation by 38.9% in the 1st quarter. Principal Financial Group Inc. now owns 595,649 shares of the transportation company’s stock valued at $34,297,000 after purchasing an additional 166,668 shares during the period. Finally, Baird Financial Group Inc. grew its position in Knight-Swift Transportation by 152.4% in the 2nd quarter. Baird Financial Group Inc. now owns 426,026 shares of the transportation company’s stock valued at $33,175,000 after purchasing an additional 257,256 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 (NYSE: KNX) is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, less-than-truckload shipping, logistics and intermodal services, supporting the movement of consumer, industrial and other commercial goods.

The company operates a broad network of tractors, trailers, terminals and distribution facilities. Its truckload business provides dedicated and irregular-route services, while its less-than-truckload operations consolidate shipments from multiple customers.