Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) has been assigned an average recommendation of “Moderate Buy” from the twenty analysts that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, twelve have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $53.2941.

Several research analysts have recently weighed in on KNX shares. Evercore ISI reduced their price objective on Knight-Swift Transportation from $47.00 to $42.00 and set an “in-line” rating for the company in a research report on Tuesday, September 30th. Susquehanna dropped their target price on Knight-Swift Transportation from $43.00 to $42.00 and set a “neutral” rating on the stock in a report on Thursday, October 23rd. Wells Fargo & Company decreased their price target on Knight-Swift Transportation from $50.00 to $48.00 and set an “overweight” rating for the company in a research note on Monday, October 6th. Citigroup lowered their price target on Knight-Swift Transportation from $54.00 to $53.00 and set a “buy” rating on the stock in a research report on Monday, October 13th. Finally, Morgan Stanley lowered their price target on Knight-Swift Transportation from $68.00 to $67.00 and set an “overweight” rating on the stock in a research report on Monday, October 6th.

Insider Buying and Selling at Knight-Swift Transportation

In other Knight-Swift Transportation news, EVP Michael K. Liu sold 3,420 shares of the business’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $43.41, for a total transaction of $148,462.20. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 3.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. AQR Capital Management LLC lifted its position in shares of Knight-Swift Transportation by 8,856.8% in 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 buying an additional 1,628,760 shares during the last quarter. Norges Bank acquired a new position in shares of Knight-Swift Transportation during the 2nd quarter worth approximately $59,407,000. Clean Energy Transition LLP bought a new stake in Knight-Swift Transportation in the 2nd quarter valued at $51,817,000. Cubist Systematic Strategies LLC raised its stake in Knight-Swift Transportation by 102,633.9% in the 1st 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 during the period. Finally, Bank of New York Mellon Corp raised its stake in Knight-Swift Transportation by 72.1% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,160,475 shares of the transportation company’s stock valued at $95,558,000 after acquiring an additional 904,903 shares during the period. Institutional investors and hedge funds own 88.77% of the company’s stock.

Knight-Swift Transportation Stock Down 2.8%

KNX stock opened at $43.83 on Wednesday. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.33 and a quick ratio of 0.89. The stock has a market capitalization of $7.11 billion, a P/E ratio of 49.80, a P/E/G ratio of 0.90 and a beta of 1.14. The business has a 50-day moving average of $42.97 and a 200-day moving average of $43.23. Knight-Swift Transportation has a fifty-two week low of $36.69 and a fifty-two week high of $61.51.

Knight-Swift Transportation (NYSE:KNX) last posted its quarterly earnings data on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.06). The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.91 billion. Knight-Swift Transportation had a return on equity of 2.98% and a net margin of 1.90%.The firm’s quarterly revenue was up 2.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.34 earnings per share. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. On average, sell-side analysts anticipate that Knight-Swift Transportation will post 2.13 earnings per share for the current fiscal year.

Knight-Swift Transportation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 22nd. Shareholders of record on Friday, September 5th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Friday, September 5th. This represents a $0.72 annualized dividend and a dividend yield of 1.6%. Knight-Swift Transportation’s payout ratio is 81.82%.

About Knight-Swift Transportation

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.