Stifel Nicolaus Boosts Knight-Swift Transportation (NYSE:KNX) Price Target to $63.00

Knight-Swift Transportation (NYSE:KNX) had its price target increased by research analysts at Stifel Nicolaus from $61.00 to $63.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the transportation company’s stock. Stifel Nicolaus’ target price points to a potential upside of 7.37% from the stock’s current price.

A number of other equities research analysts also recently commented on the company. Morgan Stanley lifted their target price on Knight-Swift Transportation from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, December 8th. Weiss Ratings downgraded Knight-Swift Transportation from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 20th. Barclays boosted their price objective on shares of Knight-Swift Transportation from $65.00 to $75.00 and gave the company an “overweight” rating in a report on Wednesday, March 4th. Evercore raised shares of Knight-Swift Transportation from an “in-line” rating to an “outperform” rating and set a $65.00 target price on the stock in a research report on Friday, March 27th. Finally, UBS Group raised shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and increased their target price for the stock from $54.00 to $66.00 in a research note on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $61.78.

Knight-Swift Transportation Stock Performance

Knight-Swift Transportation stock opened at $58.68 on Thursday. The firm has a 50 day simple moving average of $57.74 and a 200-day simple moving average of $51.27. The stock has a market cap of $9.53 billion, a price-to-earnings ratio of 143.12, a price-to-earnings-growth ratio of 0.88 and a beta of 1.11. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.86 and a quick ratio of 0.86. Knight-Swift Transportation has a 1-year low of $36.69 and a 1-year high of $64.10.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings results on Wednesday, January 21st. The transportation company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.05). Knight-Swift Transportation had a net margin of 0.88% and a return on equity of 2.88%. The firm had revenue of $1.86 billion for the quarter, compared to analysts’ expectations of $1.90 billion. During the same period in the previous year, the firm posted $0.36 EPS. The firm’s quarterly revenue was down .4% compared to the same quarter last year. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. On average, analysts expect that Knight-Swift Transportation will post 2.13 EPS for the current year.

Insider Transactions at Knight-Swift Transportation

In other Knight-Swift Transportation news, Chairman Kevin P. Knight sold 30,000 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $61.00, for a total transaction of $1,830,000.00. Following the sale, the chairman directly owned 1,305,347 shares in the company, valued at $79,626,167. This represents a 2.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Joshua Smith sold 5,770 shares of the stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $60.91, for a total transaction of $351,450.70. Following the sale, the chief financial officer directly owned 9,214 shares in the company, valued at $561,224.74. This represents a 38.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 42,930 shares of company stock worth $2,581,186 in the last 90 days. Insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Knight-Swift Transportation

Several large investors have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. lifted its holdings in Knight-Swift Transportation by 6.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 34,388 shares of the transportation company’s stock worth $1,798,000 after buying an additional 2,084 shares in the last quarter. Corient Private Wealth LLC grew its stake in shares of Knight-Swift Transportation by 44.8% in the fourth quarter. Corient Private Wealth LLC now owns 12,143 shares of the transportation company’s stock worth $635,000 after acquiring an additional 3,757 shares in the last quarter. Kera Capital Partners Inc. acquired a new position in shares of Knight-Swift Transportation in the fourth quarter worth $217,000. Dean Capital Management increased its position in shares of Knight-Swift Transportation by 3.2% during the fourth quarter. Dean Capital Management now owns 44,563 shares of the transportation company’s stock worth $2,330,000 after acquiring an additional 1,392 shares during the period. Finally, Compound Planning Inc. purchased a new stake in shares of Knight-Swift Transportation during the fourth quarter worth $243,000. 88.77% of the stock is owned by hedge funds and other institutional investors.

Knight-Swift Transportation Company Profile

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.