Knight-Swift Transportation (NYSE:KNX) Price Target Raised to $58.00

Knight-Swift Transportation (NYSE:KNX) had its target price hoisted by Susquehanna from $42.00 to $58.00 in a research report sent to investors on Thursday morning,Benzinga reports. They currently have a neutral rating on the transportation company’s stock.

A number of other equities analysts also recently issued reports on the company. Citigroup raised their price objective on Knight-Swift Transportation from $55.00 to $59.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Barclays lowered their price target on shares of Knight-Swift Transportation from $55.00 to $50.00 and set an “overweight” rating for the company in a report on Thursday, October 2nd. Deutsche Bank Aktiengesellschaft upgraded shares of Knight-Swift Transportation from a “hold” rating to a “buy” rating and boosted their price target for the stock from $43.00 to $53.00 in a research report on Thursday, October 2nd. Morgan Stanley increased their price objective on shares of Knight-Swift Transportation from $67.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, December 8th. Finally, Raymond James Financial boosted their target price on shares of Knight-Swift Transportation from $55.00 to $59.00 and gave the company a “strong-buy” rating in a report on Tuesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $56.59.

Knight-Swift Transportation Price Performance

Shares of NYSE:KNX opened at $57.11 on Thursday. The firm has a market cap of $9.27 billion, a PE 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 is $49.28 and its 200-day moving average is $45.62. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.33 and a current ratio of 1.33. Knight-Swift Transportation has a 52 week low of $36.69 and a 52 week high of $61.51.

Knight-Swift Transportation (NYSE:KNX) last posted its quarterly earnings data on Wednesday, October 22nd. The transportation company reported $0.32 earnings per share for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.06). The company had revenue of $1.72 billion during the quarter, compared to analyst estimates of $1.91 billion. Knight-Swift Transportation had a net margin of 1.90% and a return on equity of 2.98%. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.34 earnings per share. Knight-Swift Transportation has set its Q4 2025 guidance at 0.340-0.400 EPS. Sell-side analysts predict that Knight-Swift Transportation will post 2.13 earnings per share for the current year.

Insider Buying and Selling at Knight-Swift Transportation

In related news, SVP Reed Stultz sold 4,692 shares of the business’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $51.51, for a total value of $241,684.92. Following the completion of the sale, the senior vice president directly owned 465 shares of the company’s stock, valued at $23,952.15. The trade was a 90.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Chairman Kevin P. Knight sold 35,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the chairman directly owned 1,405,347 shares in the company, valued at approximately $71,686,750.47. This trade represents a 2.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 43,992 shares of company stock valued at $2,220,707. Corporate insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

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

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.