Knight-Swift Transportation (NYSE:KNX) Rating Increased to Buy at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft upgraded shares of Knight-Swift Transportation (NYSE:KNX) from a hold rating to a buy rating in a research report report published on Thursday, Marketbeat.com reports. Deutsche Bank Aktiengesellschaft currently has $53.00 price target on the transportation company’s stock, up from their prior price target of $43.00.

A number of other equities research analysts have also recently commented on KNX. Citigroup raised their price target on Knight-Swift Transportation from $53.00 to $54.00 and gave the company a “buy” rating in a report on Wednesday, July 9th. Baird R W raised Knight-Swift Transportation to a “strong-buy” rating in a report on Tuesday, July 1st. JPMorgan Chase & Co. lifted their target price on Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a “neutral” rating in a report on Thursday, July 24th. UBS Group cut Knight-Swift Transportation from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $46.00 to $51.00 in a report on Friday, September 5th. Finally, Evercore ISI reduced their target price on Knight-Swift Transportation from $47.00 to $42.00 and set an “in-line” rating on the stock in a report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Knight-Swift Transportation currently has a consensus rating of “Moderate Buy” and a consensus target price of $52.71.

Knight-Swift Transportation Price Performance

Shares of Knight-Swift Transportation stock opened at $39.87 on Thursday. Knight-Swift Transportation has a one year low of $36.69 and a one year high of $61.51. The stock’s fifty day moving average is $42.20 and its 200 day moving average is $42.98. The stock has a market cap of $6.47 billion, a P/E ratio of 39.08, a P/E/G ratio of 0.65 and a beta of 1.14. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.89 and a current ratio of 0.89.

Knight-Swift Transportation (NYSE:KNX) last announced its earnings results on Wednesday, July 23rd. The transportation company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.01. The company had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.87 billion. Knight-Swift Transportation had a return on equity of 3.03% and a net margin of 2.22%.Knight-Swift Transportation’s revenue for the quarter was up .8% compared to the same quarter last year. During the same period last year, the firm earned $0.24 EPS. Knight-Swift Transportation has set its Q3 2025 guidance at 0.360-0.420 EPS. Sell-side analysts anticipate that Knight-Swift Transportation will post 2.13 earnings per share for the current year.

Knight-Swift Transportation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 22nd. Investors of record on Friday, September 5th were given a $0.18 dividend. The ex-dividend date was Friday, September 5th. This represents a $0.72 annualized dividend and a yield of 1.8%. Knight-Swift Transportation’s dividend payout ratio (DPR) is currently 70.59%.

Insider Buying and Selling

In other Knight-Swift Transportation news, EVP Michael K. Liu sold 3,420 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $43.41, for a total value of $148,462.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 3.00% of the company’s stock.

Institutional Trading of Knight-Swift Transportation

Several institutional investors and hedge funds have recently modified their holdings of KNX. AQR Capital Management LLC raised its stake in shares of Knight-Swift Transportation by 8,856.8% during the first quarter. AQR Capital Management LLC now owns 1,647,150 shares of the transportation company’s stock valued at $70,704,000 after acquiring an additional 1,628,760 shares in the last quarter. Norges Bank bought a new stake in shares of Knight-Swift Transportation during the second quarter valued at approximately $59,407,000. Clean Energy Transition LLP bought a new stake in shares of Knight-Swift Transportation during the second quarter valued at approximately $51,817,000. SG Americas Securities LLC raised its stake in shares of Knight-Swift Transportation by 54,434.0% during the first quarter. SG Americas Securities LLC now owns 1,103,768 shares of the transportation company’s stock valued at $48,003,000 after acquiring an additional 1,101,744 shares in the last quarter. Finally, Cubist Systematic Strategies LLC raised its stake in shares of Knight-Swift Transportation by 102,633.9% during the first quarter. Cubist Systematic Strategies LLC now owns 922,805 shares of the transportation company’s stock valued at $40,133,000 after acquiring an additional 923,705 shares in the last quarter. 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.