Zacks Research Has Positive Opinion of KNX FY2026 Earnings

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) – Zacks Research increased their FY2026 EPS estimates for shares of Knight-Swift Transportation in a report issued on Wednesday, November 4th. Zacks Research analyst Team now anticipates that the transportation company will earn $2.55 per share for the year, up from their previous forecast of $2.45. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Knight-Swift Transportation’s current full-year earnings is $2.45 per share.

Several other equities research analysts also recently weighed in on the company. Wall Street Zen raised Knight-Swift Transportation from a “hold” rating to a “buy” rating in a research report on Saturday, October 31st. JPMorgan Chase & Co. boosted their price objective on Knight-Swift Transportation from $68.00 to $74.00 and gave the company a “neutral” rating in a report on Thursday, October 22nd. Weiss Ratings raised Knight-Swift Transportation from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 29th. Benchmark upped their target price on Knight-Swift Transportation from $75.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Finally, Morgan Stanley set a $90.00 target price on Knight-Swift Transportation in a report on Wednesday, September 2nd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Knight-Swift Transportation has a consensus rating of “Moderate Buy” and an average target price of $83.22.

Knight-Swift Transportation Trading Down 4.7%

NYSE KNX opened at $59.40 on Friday. Knight-Swift Transportation has a 1 year low of $41.24 and a 1 year high of $82.86. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market capitalization of $9.67 billion, a PE ratio of 63.87, a P/E/G ratio of 0.51 and a beta of 1.20. The company has a fifty day moving average of $65.15 and a 200 day moving average of $66.03.

Knight-Swift Transportation (NYSE:KNX) last issued its earnings results on Wednesday, October 21st. The transportation company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.07. Knight-Swift Transportation had a net margin of 1.92% and a return on equity of 4.71%. The firm had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same quarter last year, the company posted $0.32 earnings per share. The firm’s revenue was up 14.2% compared to the same quarter last year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. R Squared Ltd grew its position in shares of Knight-Swift Transportation by 12.2% during the 3rd quarter. R Squared Ltd now owns 3,992 shares of the transportation company’s stock valued at $254,000 after acquiring an additional 433 shares during the period. Maryland State Retirement & Pension System increased its stake in shares of Knight-Swift Transportation by 31.2% in the 3rd quarter. Maryland State Retirement & Pension System now owns 10,521 shares of the transportation company’s stock valued at $669,000 after purchasing an additional 2,500 shares in the last quarter. Ritholtz Wealth Management increased its stake in shares of Knight-Swift Transportation by 41.3% in the 3rd quarter. Ritholtz Wealth Management now owns 4,465 shares of the transportation company’s stock valued at $284,000 after purchasing an additional 1,304 shares in the last quarter. Jacobi Capital Management LLC purchased a new position in shares of Knight-Swift Transportation in the 3rd quarter valued at about $46,000. Finally, New York Life Investment Management LLC raised its holdings in Knight-Swift Transportation by 13.1% in the 3rd quarter. New York Life Investment Management LLC now owns 23,164 shares of the transportation company’s stock worth $1,473,000 after purchasing an additional 2,686 shares during the period. Institutional investors and hedge funds own 88.77% of the company’s stock.

Insider Buying and Selling at Knight-Swift Transportation

In related news, Director David Vander Ploeg sold 2,200 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $52.33, for a total value of $115,126.00. Following the completion of the transaction, the director directly owned 30,252 shares in the company, valued at $1,583,087.16. The trade was a 6.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Reid Dove sold 126,864 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $73.13, for a total transaction of $9,277,564.32. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 171,354 shares of company stock valued at $12,416,002. Company insiders own 2.90% of the company’s stock.

Key Headlines Impacting Knight-Swift Transportation

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

• Positive Sentiment: Zacks raised its FY2027 EPS estimate to $3.66 from $3.40 and its FY2028 estimate to $5.01 from $4.78. It also increased estimates for several quarters in 2027 and 2028, indicating stronger expected earnings over that period.
• Neutral Sentiment: Despite the higher forecasts, Zacks kept its rating at Hold; the estimate changes are not accompanied by a rating upgrade.
• Negative Sentiment: Zacks trimmed its Q4 2026 EPS estimate to $0.79 from $0.81, a modest near-term reduction.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc is a transportation and logistics company that provides freight services across North America. The company operates one of the largest truckload fleets in the United States and serves a broad range of industries through its network of company-owned equipment, independent contractors, terminals and distribution facilities.

Its services include dry-van, refrigerated and flatbed truckload transportation; dedicated and expedited delivery; less-than-truckload shipping; freight brokerage; intermodal transportation; cross-border logistics; and warehousing and other supply-chain services.