Stifel Nicolaus Forecasts Strong Price Appreciation for Knight-Swift Transportation (NYSE:KNX) Stock

Knight-Swift Transportation (NYSE:KNX) had its target price upped by research analysts at Stifel Nicolaus from $59.00 to $63.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the transportation company’s stock. Stifel Nicolaus’ price objective indicates a potential upside of 11.91% from the company’s current price.

A number of other equities research analysts also recently weighed in on KNX. Benchmark restated a “buy” rating on shares of Knight-Swift Transportation in a research report on Friday, October 24th. Bank of America upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $41.00 to $50.00 in a research report on Thursday, October 16th. JPMorgan Chase & Co. upped their target price on shares of Knight-Swift Transportation from $49.00 to $61.00 and gave the company a “neutral” rating in a research report on Monday. Zacks Research raised shares of Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, December 3rd. Finally, Evercore ISI increased their price target on Knight-Swift Transportation from $47.00 to $61.00 and gave the company an “in-line” rating in a research note on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Knight-Swift Transportation has an average rating of “Moderate Buy” and a consensus price target of $58.65.

Knight-Swift Transportation Stock Performance

Shares of KNX traded down $0.79 on Wednesday, reaching $56.30. 320,209 shares of the stock traded hands, compared to its average volume of 2,995,472. Knight-Swift Transportation has a 12 month low of $36.69 and a 12 month high of $61.51. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.33 and a quick ratio of 1.33. The stock’s 50-day moving average price is $49.79 and its 200-day moving average price is $45.81. The firm has a market cap of $9.14 billion, a price-to-earnings ratio of 63.96, a P/E/G ratio of 0.75 and a beta of 1.16.

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

Insiders Place Their Bets

In related news, Chairman Kevin P. Knight sold 35,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chairman owned 1,405,347 shares of the company’s stock, valued at $71,686,750.47. The trade was a 2.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Reed Stultz sold 4,692 shares of the company’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $51.51, for a total transaction of $241,684.92. Following the transaction, the senior vice president owned 465 shares of the company’s stock, valued at $23,952.15. This trade represents a 90.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 43,992 shares of company stock worth $2,220,707 in the last quarter. 3.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Knight-Swift Transportation

Several hedge funds have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd grew its position in Knight-Swift Transportation by 1,478.6% during the third quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 828 shares during the last quarter. SJS Investment Consulting Inc. boosted its position in Knight-Swift Transportation by 7,100.0% during the third quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock valued at $37,000 after buying an additional 923 shares during the period. Versant Capital Management Inc grew its stake in shares of Knight-Swift Transportation by 111.3% during the third quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock valued at $37,000 after buying an additional 493 shares during the last quarter. MMA Asset Management LLC purchased a new position in shares of Knight-Swift Transportation in the third quarter worth about $41,000. Finally, Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Knight-Swift Transportation in the 2nd quarter valued at about $55,000. 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.