Barclays Issues Positive Forecast for Knight-Swift Transportation (NYSE:KNX) Stock Price

Knight-Swift Transportation (NYSE:KNX) had its price target raised by Barclays from $65.00 to $75.00 in a research note released on Wednesday,Benzinga reports. They currently have an overweight rating on the transportation company’s stock.

KNX has been the subject of several other reports. Stifel Nicolaus dropped their target price on Knight-Swift Transportation from $63.00 to $61.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. Susquehanna upped their price objective on Knight-Swift Transportation from $58.00 to $60.00 and gave the company a “neutral” rating in a research note on Thursday, January 22nd. Evercore lifted their target price on shares of Knight-Swift Transportation from $47.00 to $61.00 and gave the stock an “in-line” rating in a research report on Tuesday, January 13th. Benchmark upped their price target on shares of Knight-Swift Transportation from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Finally, Morgan Stanley raised their price target on shares of Knight-Swift Transportation from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Knight-Swift Transportation currently has a consensus rating of “Moderate Buy” and an average target price of $60.56.

Knight-Swift Transportation Price Performance

Shares of NYSE:KNX opened at $63.50 on Wednesday. Knight-Swift Transportation has a one year low of $36.69 and a one year high of $64.10. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.86 and a quick ratio of 0.86. The company has a market cap of $10.31 billion, a price-to-earnings ratio of 154.88, a PEG ratio of 0.91 and a beta of 1.12. The firm has a 50 day simple moving average of $57.67 and a 200 day simple moving average of $49.42.

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

Knight-Swift Transportation Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Friday, March 6th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, March 6th. This is a positive change from Knight-Swift Transportation’s previous quarterly dividend of $0.18. Knight-Swift Transportation’s dividend payout ratio (DPR) is 175.61%.

Insider Activity

In other Knight-Swift Transportation news, EVP Michael K. Liu sold 1,243 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $60.87, for a total transaction of $75,661.41. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO James L. Fitzsimmons sold 5,917 shares of Knight-Swift Transportation stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total value of $324,074.09. Following the completion of the transaction, the chief operating officer directly owned 8,716 shares of the company’s stock, valued at approximately $477,375.32. This trade represents a 40.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 77,930 shares of company stock valued at $4,366,536. Company insiders own 3.00% of the company’s stock.

Institutional Investors Weigh In On Knight-Swift Transportation

Several institutional investors and hedge funds have recently made changes to their positions in the business. Clearstead Advisors LLC increased its holdings in Knight-Swift Transportation by 134.6% in the fourth quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock worth $35,000 after purchasing an additional 385 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings 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 buying an additional 828 shares in the last quarter. SJS Investment Consulting Inc. grew its position in shares of Knight-Swift Transportation by 7,100.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock worth $37,000 after buying an additional 923 shares during the period. Versant Capital Management Inc increased its stake in shares of Knight-Swift Transportation by 111.3% in the 3rd quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock valued at $37,000 after acquiring an additional 493 shares in the last quarter. Finally, Los Angeles Capital Management LLC bought a new stake in shares of Knight-Swift Transportation in the 4th quarter valued at $39,000. Institutional investors 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.