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

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) has earned a consensus recommendation of “Moderate Buy” from the twenty ratings firms that are presently covering the firm, MarketBeat reports. Six investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $56.5882.

A number of brokerages recently weighed in on KNX. Bank of America raised Knight-Swift Transportation from a “neutral” rating to a “buy” rating and raised their price objective for the company from $41.00 to $50.00 in a report on Thursday, October 16th. Benchmark reiterated a “buy” rating on shares of Knight-Swift Transportation in a research report on Friday, October 24th. Wells Fargo & Company lifted their price target on shares of Knight-Swift Transportation from $58.00 to $60.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. TD Cowen upped their price objective on shares of Knight-Swift Transportation from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, December 9th. Finally, Weiss Ratings raised shares of Knight-Swift Transportation from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, December 29th.

Knight-Swift Transportation Stock Performance

Knight-Swift Transportation stock opened at $57.11 on Monday. 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 market cap of $9.27 billion, a P/E ratio of 64.90, a price-to-earnings-growth ratio of 0.75 and a beta of 1.16. The firm’s fifty day moving average price is $49.28 and its 200-day moving average price is $45.63.

Knight-Swift Transportation (NYSE:KNX) last released its earnings results on Wednesday, October 22nd. The transportation company reported $0.32 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 firm had revenue of $1.72 billion during the quarter, compared to the consensus estimate of $1.91 billion. During the same period in the prior year, the company earned $0.34 EPS. The firm’s 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. On average, equities research analysts expect that Knight-Swift Transportation will post 2.13 earnings per share for the current fiscal year.

Insider Activity

In other 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 in the company, valued at approximately $254,205.76. The trade was a 43.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Kevin P. Knight sold 35,000 shares of the stock in a transaction dated Tuesday, December 9th. The shares were 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 of the company’s stock, valued at $71,686,750.47. This represents a 2.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 43,992 shares of company stock valued at $2,220,707. 3.00% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. ProShare Advisors LLC increased its stake in shares of Knight-Swift Transportation by 3.8% in the second quarter. ProShare Advisors LLC now owns 7,529 shares of the transportation company’s stock worth $333,000 after buying an additional 276 shares during the period. Public Employees Retirement System of Ohio grew its holdings in Knight-Swift Transportation by 0.6% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 52,930 shares of the transportation company’s stock worth $2,091,000 after acquiring an additional 306 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Knight-Swift Transportation by 2.7% in the third quarter. Jones Financial Companies Lllp now owns 13,081 shares of the transportation company’s stock valued at $519,000 after acquiring an additional 343 shares during the period. Benjamin Edwards Inc. increased its position in shares of Knight-Swift Transportation by 4.5% in the third quarter. Benjamin Edwards Inc. now owns 8,130 shares of the transportation company’s stock valued at $321,000 after acquiring an additional 351 shares during the period. Finally, IFP Advisors Inc raised its stake in shares of Knight-Swift Transportation by 21.3% during the second quarter. IFP Advisors Inc now owns 2,162 shares of the transportation company’s stock valued at $96,000 after acquiring an additional 379 shares during the last quarter. Institutional investors own 88.77% of the company’s stock.

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.