Susquehanna Increases Knight-Swift Transportation (NYSE:KNX) Price Target to $72.00

Knight-Swift Transportation (NYSE:KNX) had its price objective boosted by research analysts at Susquehanna from $60.00 to $72.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the transportation company’s stock. Susquehanna’s target price suggests a potential upside of 9.52% from the company’s previous close.

Several other research analysts have also commented on the company. Stifel Nicolaus lifted their price target on Knight-Swift Transportation from $61.00 to $63.00 and gave the stock a “buy” rating in a report on Thursday, April 2nd. Barclays lifted their price target on Knight-Swift Transportation from $65.00 to $75.00 and gave the stock an “overweight” rating in a report on Wednesday, March 4th. UBS Group upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $54.00 to $66.00 in a report on Wednesday, March 18th. Weiss Ratings upgraded Knight-Swift Transportation from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, April 15th. Finally, Evercore upgraded Knight-Swift Transportation from an “in-line” rating to an “outperform” rating and set a $65.00 price objective on the stock in a report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Knight-Swift Transportation has a consensus rating of “Moderate Buy” and a consensus target price of $66.71.

Knight-Swift Transportation Price Performance

NYSE:KNX opened at $65.74 on Wednesday. Knight-Swift Transportation has a one year low of $37.76 and a one year high of $67.75. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.86 and a current ratio of 0.86. The stock has a market cap of $10.68 billion, a PE ratio of 313.07, a P/E/G ratio of 0.95 and a beta of 1.11. The stock has a 50 day moving average price of $59.01 and a 200 day moving average price of $53.46.

Knight-Swift Transportation (NYSE:KNX) last posted its quarterly earnings results on Wednesday, April 22nd. The transportation company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.20). Knight-Swift Transportation had a net margin of 0.45% and a return on equity of 2.44%. The company had revenue of $1.85 billion during the quarter, compared to analyst estimates of $1.85 billion. During the same period in the prior year, the business posted $0.28 EPS. Knight-Swift Transportation’s revenue for the quarter was up 1.4% compared to the same quarter last year. Equities research analysts expect that Knight-Swift Transportation will post 1.95 EPS for the current fiscal year.

Insider Activity at Knight-Swift Transportation

In other Knight-Swift Transportation news, CFO Joshua Smith sold 5,770 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $60.91, for a total value of $351,450.70. Following the transaction, the chief financial officer owned 9,214 shares of the company’s stock, valued at $561,224.74. This represents a 38.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Michael K. Liu sold 1,243 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $60.87, for a total value of $75,661.41. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 42,930 shares of company stock worth $2,581,186. 2.90% of the stock is owned by corporate insiders.

Institutional Trading of Knight-Swift Transportation

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KNX. Pictet Asset Management Holding SA lifted its stake in Knight-Swift Transportation by 3.5% during the 1st quarter. Pictet Asset Management Holding SA now owns 25,242 shares of the transportation company’s stock worth $1,453,000 after acquiring an additional 860 shares in the last quarter. GHP Investment Advisors Inc. grew its position in Knight-Swift Transportation by 9.9% in the 1st quarter. GHP Investment Advisors Inc. now owns 58,237 shares of the transportation company’s stock valued at $3,353,000 after acquiring an additional 5,231 shares in the last quarter. Louisiana State Employees Retirement System purchased a new stake in Knight-Swift Transportation during the first quarter worth about $2,712,000. Blue Trust Inc. increased its stake in Knight-Swift Transportation by 123.9% during the first quarter. Blue Trust Inc. now owns 544 shares of the transportation company’s stock worth $31,000 after purchasing an additional 301 shares during the period. Finally, Fifth Third Wealth Advisors LLC increased its stake in Knight-Swift Transportation by 4.5% during the first quarter. Fifth Third Wealth Advisors LLC now owns 5,183 shares of the transportation company’s stock worth $298,000 after purchasing an additional 222 shares during the period. Hedge funds and other institutional investors own 88.77% of the company’s stock.

Key Stories Impacting Knight-Swift Transportation

Here are the key news stories impacting Knight-Swift Transportation this week:

• Positive Sentiment: Multiple brokerages raised targets and set bullish ratings (UBS to $79, TD Cowen to $78, Benchmark to $75, Stifel/Baird to ~$70), boosting investor optimism about upside. Benzinga
• Positive Sentiment: TD Cowen and other analysts highlighted industry-level positives — tighter truckload capacity, regulatory tailwinds, and potential margin improvement — supporting Buy ratings. TD Cowen / TipRanks note
• Positive Sentiment: The stock printed an all-time intraday high (reported at $66.99), which can attract momentum/technical buying. Investing.com: All-time high
• Neutral Sentiment: Knight-Swift issued its Q1 press release and held a conference call/slides for investors — useful for drilling into forward commentary and guidance. BusinessWire: Q1 release
• Neutral Sentiment: Transcript and slide deck from the earnings call are available for detail on fleet utilization, pricing, and cost pressures. Seeking Alpha: Q1 call transcript
• Negative Sentiment: Q1 headline results were weak — EPS was down year-over-year and the company reported a swing to a first-quarter loss, citing a tighter truckload market and higher fuel costs; that pressure shows up in margin compression. WSJ: First-quarter loss
• Negative Sentiment: Consensus EPS comparisons are mixed across outlets (some report a miss versus consensus), leaving near-term earnings visibility weak and keeping valuation under scrutiny. MarketBeat: Q1 recap

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.