Knight-Swift Transportation (NYSE:KNX) Price Target Raised to $60.00 at TD Cowen

Knight-Swift Transportation (NYSE:KNX) had its price objective lifted by TD Cowen from $53.00 to $60.00 in a report issued on Tuesday morning, MarketBeat Ratings reports. The firm currently has a buy rating on the transportation company’s stock.

Several other analysts have also recently commented on KNX. Evercore ISI lowered their target price on Knight-Swift Transportation from $47.00 to $42.00 and set an “in-line” rating on the stock in a research report on Tuesday, September 30th. Benchmark reissued a “buy” rating on shares of Knight-Swift Transportation in a report on Friday, October 24th. Stifel Nicolaus upped their price objective on shares of Knight-Swift Transportation from $45.00 to $52.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Deutsche Bank Aktiengesellschaft upgraded shares of Knight-Swift Transportation from a “hold” rating to a “buy” rating and increased their target price for the company from $43.00 to $53.00 in a research report on Thursday, October 2nd. Finally, Bank of America upgraded shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $41.00 to $50.00 in a research report on Thursday, October 16th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Knight-Swift Transportation presently has an average rating of “Moderate Buy” and an average price target of $53.88.

Knight-Swift Transportation Trading Down 2.3%

NYSE:KNX opened at $49.83 on Tuesday. The firm has a market capitalization of $8.09 billion, a P/E ratio of 56.63, a P/E/G ratio of 1.01 and a beta of 1.17. The business has a 50 day simple moving average of $45.05 and a 200 day simple moving average of $44.07. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.33 and a quick ratio of 1.33. 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 posted its 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). Knight-Swift Transportation had a net margin of 1.90% and a return on equity of 2.98%. The company had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same quarter in the previous year, the business posted $0.34 earnings per share. The business’s quarterly revenue was up 2.7% compared to the same quarter last year. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. Equities research analysts predict that Knight-Swift Transportation will post 2.13 EPS for the current year.

Knight-Swift Transportation Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 22nd. Investors of record on Friday, December 5th will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date is Friday, December 5th. Knight-Swift Transportation’s payout ratio is presently 81.82%.

Insider Activity at Knight-Swift Transportation

In related news, CAO Cary M. Flanagan sold 4,300 shares of Knight-Swift Transportation stock in a transaction dated Friday, November 7th. The stock was sold at an average price of $45.04, for a total value of $193,672.00. Following the transaction, the chief accounting officer owned 5,644 shares of the company’s stock, valued at approximately $254,205.76. This trade represents a 43.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Chairman Kevin P. Knight sold 35,000 shares of the business’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $51.01, for a total value of $1,785,350.00. Following the sale, the chairman owned 1,405,347 shares in the company, valued at approximately $71,686,750.47. The trade was a 2.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 43,992 shares of company stock valued at $2,220,707 over the last ninety days. Insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Knight-Swift Transportation

Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Knight-Swift Transportation by 3.6% in the 1st quarter. Vanguard Group Inc. now owns 14,935,845 shares of the transportation company’s stock valued at $649,560,000 after purchasing an additional 515,212 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of Knight-Swift Transportation by 0.9% during the third quarter. Victory Capital Management Inc. now owns 8,496,137 shares of the transportation company’s stock worth $335,682,000 after purchasing an additional 76,342 shares during the period. Dimensional Fund Advisors LP grew its position in Knight-Swift Transportation by 1.5% during the third quarter. Dimensional Fund Advisors LP now owns 8,267,687 shares of the transportation company’s stock valued at $326,664,000 after purchasing an additional 124,426 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in Knight-Swift Transportation by 21.3% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 4,361,230 shares of the transportation company’s stock valued at $169,826,000 after buying an additional 765,833 shares during the period. Finally, Junto Capital Management LP increased its stake in Knight-Swift Transportation by 252.4% in the 3rd quarter. Junto Capital Management LP now owns 2,262,145 shares of the transportation company’s stock valued at $89,377,000 after buying an additional 1,620,224 shares during the period. 88.77% of the stock is currently owned by institutional investors and hedge funds.

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.