Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Stock Has Consensus Price Target of $82.83

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) has been assigned an average recommendation of “Moderate Buy” from the twenty ratings firms that are covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, fifteen have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $82.83.

KNX has been the topic of a number of analyst reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Knight-Swift Transportation in a research report on Friday, October 9th. TD Cowen boosted their price objective on Knight-Swift Transportation from $82.00 to $86.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Sanford C. Bernstein assumed coverage on Knight-Swift Transportation in a report on Thursday, September 10th. They issued an “outperform” rating and a $91.00 target price for the company. Stephens upgraded Knight-Swift Transportation to a “strong-buy” rating in a report on Wednesday, July 8th. Finally, JPMorgan Chase & Co. cut their target price on Knight-Swift Transportation from $84.00 to $68.00 and set a “neutral” rating for the company in a research note on Monday, October 5th.

Insider Activity

In related news, CAO Cary M. Flanagan sold 3,600 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $382,782.10. This trade represents a 39.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $115,126.00. Following the transaction, the director directly owned 30,252 shares in the company, valued at $1,583,087.16. This trade represents a 6.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 224,954 shares of company stock valued at $16,183,454. 2.90% of the stock is currently owned by insiders.

Institutional Trading of Knight-Swift Transportation

Hedge funds and other institutional investors have recently made changes to their positions in the company. Fifth Third Wealth Advisors LLC raised its position in shares of Knight-Swift Transportation by 4.5% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 5,183 shares of the transportation company’s stock valued at $298,000 after buying an additional 222 shares during the period. MCF Advisors LLC grew its position in Knight-Swift Transportation by 55.8% in the second quarter. MCF Advisors LLC now owns 676 shares of the transportation company’s stock worth $53,000 after acquiring an additional 242 shares during the period. Blue Trust Inc. grew its position in 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 period. Sanctuary Advisors LLC increased its stake in Knight-Swift Transportation by 5.3% during the first quarter. Sanctuary Advisors LLC now owns 7,312 shares of the transportation company’s stock worth $421,000 after acquiring an additional 365 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in Knight-Swift Transportation by 8.6% during the first quarter. Parallel Advisors LLC now owns 4,606 shares of the transportation company’s stock worth $265,000 after acquiring an additional 366 shares during the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

Knight-Swift Transportation Trading Down 0.6%

KNX opened at $64.88 on Wednesday. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.88 and a quick ratio of 0.88. The company’s 50 day simple moving average is $67.59 and its two-hundred day simple moving average is $69.39. Knight-Swift Transportation has a 1-year low of $41.24 and a 1-year high of $82.86. The firm has a market capitalization of $10.56 billion, a price-to-earnings ratio of 41.85, a price-to-earnings-growth ratio of 0.55 and a beta of 1.21.

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

Knight-Swift Transportation Dividend Announcement

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

About Knight-Swift Transportation

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.