Knight-Swift Transportation (NYSE:KNX) Raised to “Buy” at Stifel Nicolaus

Knight-Swift Transportation (NYSE:KNX) was upgraded by investment analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating in a report issued on Friday, MarketBeat.com reports. The brokerage currently has a $45.00 target price on the transportation company’s stock, down from their prior target price of $47.00. Stifel Nicolaus’ target price would suggest a potential upside of 8.59% from the stock’s current price.

Several other research analysts have also issued reports on the stock. Citigroup upped their target price on shares of Knight-Swift Transportation from $53.00 to $54.00 and gave the stock a “buy” rating in a research report on Wednesday, July 9th. UBS Group cut Knight-Swift Transportation from a “buy” rating to a “neutral” rating and upped their price objective for the stock from $46.00 to $51.00 in a report on Friday, September 5th. Raymond James Financial increased their price objective on Knight-Swift Transportation from $50.00 to $55.00 and gave the company a “strong-buy” rating in a research report on Tuesday, July 15th. Deutsche Bank Aktiengesellschaft upgraded Knight-Swift Transportation from a “hold” rating to a “buy” rating and boosted their target price for the stock from $43.00 to $53.00 in a research report on Thursday. Finally, Susquehanna cut shares of Knight-Swift Transportation from a “positive” rating to a “neutral” rating and reduced their price target for the company from $52.00 to $43.00 in a research report on Wednesday, September 24th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $52.47.

Knight-Swift Transportation Stock Up 3.9%

Shares of NYSE KNX opened at $41.44 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.30. The business has a 50-day moving average of $42.13 and a 200-day moving average of $42.93. The firm has a market capitalization of $6.73 billion, a price-to-earnings ratio of 40.63, a PEG ratio of 0.69 and a beta of 1.14. Knight-Swift Transportation has a 12 month low of $36.69 and a 12 month high of $61.51.

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

Insider Buying and Selling at Knight-Swift Transportation

In other news, EVP Michael K. Liu sold 3,420 shares of the firm’s stock in a transaction that occurred on 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 legal filing with the SEC, which is accessible through this link. Company insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Knight-Swift Transportation

Several institutional investors have recently added to or reduced their stakes in KNX. Larson Financial Group LLC increased its position in shares of Knight-Swift Transportation by 9,383.3% in the first quarter. Larson Financial Group LLC now owns 569 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 563 shares during the period. Brooklyn Investment Group grew its stake in shares of Knight-Swift Transportation by 93.4% in the first quarter. Brooklyn Investment Group now owns 642 shares of the transportation company’s stock worth $28,000 after purchasing an additional 310 shares during the last quarter. UMB Bank n.a. grew its stake in shares of Knight-Swift Transportation by 40.0% in the first quarter. UMB Bank n.a. now owns 1,133 shares of the transportation company’s stock worth $49,000 after purchasing an additional 324 shares during the last quarter. Oliver Lagore Vanvalin Investment Group purchased a new position in Knight-Swift Transportation during the 2nd quarter valued at about $55,000. Finally, Employees Retirement System of Texas bought a new position in Knight-Swift Transportation during the 2nd quarter valued at approximately $58,000. 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.