Knight-Swift Transportation (NYSE:KNX) Given New $59.00 Price Target at Stifel Nicolaus

Knight-Swift Transportation (NYSE:KNX) had its target price upped by equities research analysts at Stifel Nicolaus from $52.00 to $59.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the transportation company’s stock. Stifel Nicolaus’ target price points to a potential upside of 9.71% from the stock’s previous close.

Several other equities analysts have also recently issued reports on KNX. JPMorgan Chase & Co. boosted their target price on Knight-Swift Transportation from $48.00 to $49.00 and gave the company a “neutral” rating in a research note on Thursday, October 23rd. Raymond James Financial lifted their target price on shares of Knight-Swift Transportation from $55.00 to $59.00 and gave the company a “strong-buy” rating in a research note on Tuesday, October 14th. Evercore ISI decreased 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. TD Cowen lifted their price objective on Knight-Swift Transportation from $53.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, December 9th. Finally, Benchmark reissued a “buy” rating on shares of Knight-Swift Transportation in a research report on Friday, October 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $55.24.

Knight-Swift Transportation Trading Up 1.1%

Shares of Knight-Swift Transportation stock traded up $0.58 on Tuesday, hitting $53.78. The stock had a trading volume of 858,224 shares, compared to its average volume of 3,069,236. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.31. Knight-Swift Transportation has a one year low of $36.69 and a one year high of $61.51. The stock’s 50-day simple moving average is $45.99 and its two-hundred day simple moving average is $44.32. The stock has a market cap of $8.73 billion, a price-to-earnings ratio of 61.14, a PEG ratio of 1.05 and a beta of 1.17.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings results on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). The firm had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.91 billion. Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.Knight-Swift Transportation’s revenue was up 2.7% on a year-over-year basis. During the same period last year, the business earned $0.34 EPS. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. As a group, sell-side analysts predict that Knight-Swift Transportation will post 2.13 EPS for the current year.

Insider Transactions at Knight-Swift Transportation

In other news, CAO Cary M. Flanagan sold 4,300 shares of the stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $45.04, for a total transaction of $193,672.00. Following the sale, the chief accounting officer owned 5,644 shares in the company, valued at $254,205.76. This represents a 43.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman Kevin P. Knight sold 35,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $51.01, for a total transaction of $1,785,350.00. Following the completion of the transaction, the chairman owned 1,405,347 shares of the company’s stock, valued at approximately $71,686,750.47. The trade was a 2.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 43,992 shares of company stock worth $2,220,707. Corporate insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Knight-Swift Transportation

Several institutional investors and hedge funds have recently added to or reduced their stakes in KNX. Brooklyn Investment Group lifted its holdings in shares of Knight-Swift Transportation by 93.4% during the 1st quarter. Brooklyn Investment Group now owns 642 shares of the transportation company’s stock valued at $28,000 after buying an additional 310 shares during the period. Caitong International Asset Management Co. Ltd increased its position in Knight-Swift Transportation by 1,478.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 828 shares during the last quarter. SJS Investment Consulting Inc. increased its position in Knight-Swift Transportation by 7,100.0% during the third quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock valued at $37,000 after acquiring an additional 923 shares during the last quarter. Versant Capital Management Inc lifted its holdings in Knight-Swift Transportation by 111.3% in the third quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock valued at $37,000 after acquiring an additional 493 shares during the period. Finally, MMA Asset Management LLC purchased a new position in Knight-Swift Transportation in the third quarter worth about $41,000. Hedge funds and other institutional investors own 88.77% of the company’s stock.

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.