Knight-Swift Transportation (NYSE:KNX) Price Target Raised to $75.00

Knight-Swift Transportation (NYSE:KNX) had its price target boosted by Benchmark from $70.00 to $75.00 in a report released on Thursday morning,Benzinga reports. The brokerage currently has a buy rating on the transportation company’s stock.

A number of other equities analysts have also weighed in on KNX. JPMorgan Chase & Co. upped their target price on Knight-Swift Transportation from $49.00 to $61.00 and gave the stock a “neutral” rating in a research report on Monday, January 12th. Weiss Ratings raised shares of Knight-Swift Transportation from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, April 15th. Stephens decreased their price target on shares of Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating for the company in a research note on Thursday, January 22nd. Citigroup upgraded shares of Knight-Swift Transportation from a “neutral” rating to a “buy” rating and set a $64.00 price objective on the stock in a report on Friday, March 13th. Finally, TD Cowen raised their price objective on shares of Knight-Swift Transportation from $60.00 to $78.00 and gave the company a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Knight-Swift Transportation currently has an average rating of “Moderate Buy” and an average price target of $66.71.

Knight-Swift Transportation Stock Performance

Shares of KNX opened at $65.23 on Thursday. Knight-Swift Transportation has a one year low of $37.76 and a one year high of $67.75. The company has a market cap of $10.59 billion, a PE ratio of 310.61, a P/E/G ratio of 0.99 and a beta of 1.11. The stock has a 50-day moving average of $59.12 and a 200-day moving average of $53.69. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.70 and a quick ratio of 0.86.

Knight-Swift Transportation (NYSE:KNX) last posted its quarterly earnings results on Wednesday, April 22nd. The transportation company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.20). The firm had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.85 billion. Knight-Swift Transportation had a return on equity of 2.94% and a net margin of 0.45%.The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period last year, the company posted $0.28 earnings per share. On average, equities research analysts predict that Knight-Swift Transportation will post 1.92 EPS for the current fiscal year.

Knight-Swift Transportation Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 23rd. Stockholders of record on Friday, March 6th were issued a $0.20 dividend. This is an increase from Knight-Swift Transportation’s previous quarterly dividend of $0.18. This represents a $0.80 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, March 6th. Knight-Swift Transportation’s dividend payout ratio is currently 380.95%.

Insider Activity

In other Knight-Swift Transportation news, EVP Michael K. Liu sold 1,243 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $60.87, for a total value of $75,661.41. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO James L. Fitzsimmons sold 5,917 shares of Knight-Swift Transportation stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total transaction of $324,074.09. Following the transaction, the chief operating officer directly owned 8,716 shares in the company, valued at approximately $477,375.32. This represents a 40.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 42,930 shares of company stock valued at $2,581,186 over the last ninety days. Company insiders own 2.90% of the company’s stock.

Hedge Funds Weigh In On Knight-Swift Transportation

Institutional investors have recently modified their holdings of the business. Blue Trust Inc. lifted its holdings 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 acquiring an additional 301 shares during the period. Clearstead Advisors LLC grew its stake in Knight-Swift Transportation by 134.6% in the 4th quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 385 shares during the period. Los Angeles Capital Management LLC purchased a new stake in shares of Knight-Swift Transportation during the 4th quarter valued at $39,000. Fifth Third Bancorp increased its position in shares of Knight-Swift Transportation by 44.4% during the 4th quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock valued at $45,000 after purchasing an additional 267 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd raised its stake in shares of Knight-Swift Transportation by 1,478.6% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock worth $35,000 after purchasing an additional 828 shares during the period. 88.77% of the stock is owned by institutional investors.

Knight-Swift Transportation News Summary

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

• Positive Sentiment: Multiple brokerages raised price targets and reiterated buy/outperform ratings, signaling analyst confidence in upside (UBS to $79, TD Cowen to $78, Benchmark to $75, Stifel to $70, Baird to $70). These calls underpin upside expectations and likely stabilized sentiment after the print. Analyst Upgrades
• Positive Sentiment: Management says it’s pushing double‑digit truckload rate hikes as market capacity tightens — a direct positive for freight revenue and future margin recovery if implemented across volumes. Knight‑Swift eyes double-digit truckload rate gains
• Positive Sentiment: TD Cowen’s reiterated buy and analyst commentary highlighted tighter capacity, regulatory tailwinds, and margin upside as reasons to be bullish — supportive for medium‑term thesis. TD Cowen / TipRanks note
• Neutral Sentiment: Company reported Q1 revenue roughly in line with expectations and provided an earnings‑call deck/transcript; revenue was modestly up year‑over‑year but EPS declined versus last year. Market will watch cadence of rate realization and cost trends. Earnings Call Transcript
• Neutral Sentiment: Zacks and other coverage noted KNX met some consensus Q1 estimates (Zacks: EPS in line with its consensus) — which reduces downside from an outright miss but leaves questions on margin recovery timing. Zacks coverage
• Negative Sentiment: Press coverage (WSJ) highlighted that Knight‑Swift swung to a first‑quarter loss and cited higher fuel costs (linked to geopolitical events) and market tightness as near‑term headwinds — a clear driver of today’s weakness. WSJ: First‑quarter loss
• Negative Sentiment: Reported EPS of $0.09 was well below some street expectations and materially down from prior year, raising near‑term profit‑margin concerns despite revenue stability. This likely prompted profit‑taking after recent gains. Q1 Earnings Snapshot

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.