Susquehanna Issues Positive Forecast for Knight-Swift Transportation (NYSE:KNX) Stock Price

Knight-Swift Transportation (NYSE:KNX) had its price objective upped by Susquehanna from $42.00 to $58.00 in a research note released on Thursday,Benzinga reports. The firm currently has a neutral rating on the transportation company’s stock.

Other analysts have also recently issued research reports about the stock. Morgan Stanley boosted their target price on shares of Knight-Swift Transportation from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, December 8th. TD Cowen boosted their price objective on Knight-Swift Transportation from $53.00 to $60.00 and gave the company a “buy” rating in a report on Tuesday, December 9th. Citigroup upped their target price on shares of Knight-Swift Transportation from $55.00 to $59.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Weiss Ratings upgraded Knight-Swift Transportation from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, December 29th. Finally, Evercore ISI decreased their price objective on Knight-Swift Transportation from $47.00 to $42.00 and set an “in-line” rating for the company in a report on Tuesday, September 30th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $56.59.

Knight-Swift Transportation Stock Up 3.1%

KNX opened at $56.85 on Thursday. The company has a market capitalization of $9.23 billion, a P/E ratio of 64.60, a P/E/G ratio of 0.72 and a beta of 1.16. Knight-Swift Transportation has a fifty-two week low of $36.69 and a fifty-two week high of $61.51. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.33 and a current ratio of 1.33. The stock has a fifty day moving average of $49.04 and a 200-day moving average of $45.52.

Knight-Swift Transportation (NYSE:KNX) last announced 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). 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 analyst estimates of $1.91 billion. During the same period in the prior year, the firm earned $0.34 earnings per share. Knight-Swift Transportation’s revenue was up 2.7% on a year-over-year basis. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. On average, equities analysts expect that Knight-Swift Transportation will post 2.13 EPS for the current year.

Insiders Place Their Bets

In other news, Chairman Kevin P. Knight sold 35,000 shares of Knight-Swift Transportation 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 completion of the transaction, the chairman owned 1,405,347 shares of the company’s stock, valued at $71,686,750.47. The trade was a 2.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Reed Stultz sold 4,692 shares of the stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $51.51, for a total value of $241,684.92. Following the sale, the senior vice president directly owned 465 shares in the company, valued at $23,952.15. This trade represents a 90.98% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 43,992 shares of company stock worth $2,220,707. 3.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Knight-Swift Transportation

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Integrated Wealth Concepts LLC increased its stake in shares of Knight-Swift Transportation by 23.3% in the first quarter. Integrated Wealth Concepts LLC now owns 5,948 shares of the transportation company’s stock worth $259,000 after purchasing an additional 1,124 shares in the last quarter. Caxton Associates LLP purchased a new stake in Knight-Swift Transportation in the first quarter worth about $519,000. Great Lakes Advisors LLC increased its position in Knight-Swift Transportation by 4.3% during the 1st quarter. Great Lakes Advisors LLC now owns 21,185 shares of the transportation company’s stock valued at $921,000 after buying an additional 880 shares in the last quarter. Focus Partners Wealth purchased a new position in shares of Knight-Swift Transportation in the first quarter worth $451,000. Finally, Strs Ohio purchased a new stake in Knight-Swift Transportation in the first quarter valued at approximately $20,123,000. 88.77% of the stock is owned by hedge funds and other institutional investors.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc (NYSE: KNX) is one of North America’s largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.

The company’s core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.