Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Receives $84.44 Consensus Price Target from Brokerages

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) has earned a consensus recommendation of “Moderate Buy” from the twenty analysts that are covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and two have assigned a strong buy rating to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $84.4444.

A number of research firms have commented on KNX. TD Cowen upped their price target on Knight-Swift Transportation from $82.00 to $86.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Barclays raised their price objective on Knight-Swift Transportation from $75.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Stephens raised Knight-Swift Transportation to a “strong-buy” rating in a research note on Wednesday, July 8th. Stifel Nicolaus upped their target price on Knight-Swift Transportation from $85.00 to $88.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Finally, Susquehanna increased their target price on shares of Knight-Swift Transportation from $90.00 to $96.00 and gave the company a “positive” rating in a research report on Thursday, July 23rd.

Insider Activity

In related news, Director Ploeg David Vander sold 2,200 shares of Knight-Swift Transportation stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $52.33, for a total transaction of $115,126.00. Following the completion of the transaction, the director owned 30,252 shares of the company’s stock, valued at $1,583,087.16. This trade represents a 6.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Cary M. Flanagan sold 3,600 shares of the business’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $70.82, for a total transaction of $254,952.00. Following the completion of the transaction, the chief accounting officer owned 5,405 shares in the company, valued at approximately $382,782.10. The trade was a 39.98% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 224,954 shares of company stock valued at $16,183,454. 2.90% of the stock is currently owned by insiders.

Institutional Trading of Knight-Swift Transportation

Large investors have recently bought and sold shares of the business. Strs Ohio increased its holdings in Knight-Swift Transportation by 24.7% in the fourth quarter. Strs Ohio now owns 448,471 shares of the transportation company’s stock worth $23,446,000 after purchasing an additional 88,707 shares in the last quarter. UBS Group AG boosted its holdings in shares of Knight-Swift Transportation by 44.3% during the 4th quarter. UBS Group AG now owns 2,430,896 shares of the transportation company’s stock worth $127,087,000 after buying an additional 745,787 shares in the last quarter. WINTON GROUP Ltd bought a new position in shares of Knight-Swift Transportation during the 4th quarter worth approximately $6,551,000. Comerica Bank grew its position in shares of Knight-Swift Transportation by 68.7% during the 4th quarter. Comerica Bank now owns 130,638 shares of the transportation company’s stock worth $6,830,000 after buying an additional 53,183 shares during the period. Finally, Pzena Investment Management LLC acquired a new stake in shares of Knight-Swift Transportation during the 4th quarter worth approximately $66,151,000. 88.77% of the stock is currently owned by institutional investors and hedge funds.

Knight-Swift Transportation Price Performance

KNX stock opened at $69.00 on Tuesday. The company has a market capitalization of $11.23 billion, a P/E ratio of 265.39, a PEG ratio of 0.57 and a beta of 1.18. The company has a fifty day moving average price of $73.01 and a 200-day moving average price of $67.26. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.88 and a current ratio of 0.88. Knight-Swift Transportation has a 52-week low of $38.63 and a 52-week high of $82.86.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.12. The company had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.05 billion. Knight-Swift Transportation had a net margin of 0.56% and a return on equity of 3.51%. Knight-Swift Transportation’s revenue for the quarter was up 12.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.21 earnings per share. Knight-Swift Transportation has set its Q3 2026 guidance at 0.710-0.770 EPS. As a group, equities analysts expect that Knight-Swift Transportation will post 2.49 EPS for the current year.

Knight-Swift Transportation Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 21st. Stockholders of record on Friday, September 4th will be given a $0.20 dividend. The ex-dividend date is Friday, September 4th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.2%. Knight-Swift Transportation’s payout ratio is 307.69%.

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.