A share price of Knight-Swift Transportation Holdings Inc [KNX] is currently trading at $59.09, down -0.84%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The KNX shares have gain 5.50% over the last week, with a monthly amount glided 10.12%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Knight-Swift Transportation Holdings Inc [NYSE: KNX] stock has seen the most recent analyst activity on November 12, 2024, when Citigroup downgraded its rating to a Sell but kept the price target unchanged to $56 for it. Previously, TD Cowen reaffirmed its Buy rating on October 24, 2024, and elevated its price target to $56. On October 09, 2024, Citigroup initiated with a Neutral rating and assigned a price target of $55 on the stock. TD Cowen reiterated its Buy rating and increased its price target to $57 on July 25, 2024. Wolfe Research downgraded its rating to a Peer Perform. Wells Fargo started tracking with a Overweight rating for this stock on June 07, 2024, and assigned it a price target of $56.
Knight-Swift Transportation Holdings Inc experienced fluctuations in its stock price throughout the past year between $45.55 and $60.99. Currently, Wall Street analysts expect the stock to reach $59.4 within the next 12 months. Knight-Swift Transportation Holdings Inc [NYSE: KNX] shares were valued at $59.09 at the most recent close of the market. An investor can expect a potential return of 0.52% based on the average KNX price forecast.
Analyzing the KNX fundamentals
Trailing Twelve Months sales for Knight-Swift Transportation Holdings Inc [NYSE:KNX] were 7.48B which represents -7.09% decline. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.31.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 58.65 points at the first support level, and at 58.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 59.88, and for the 2nd resistance point, it is at 60.67.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Knight-Swift Transportation Holdings Inc [NYSE:KNX] is 1.01. In addition, the Quick Ratio stands at 1.01 and the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 1.27, the price to book ratio is 1.36 and price to earnings (TTM) ratio is 256.13.
Transactions by insiders
Recent insider trading involved Vander Ploeg David, Director, that happened on Nov 14 ’24 when 500.0 shares were sold. Executive Chairman, KNIGHT KEVIN P completed a deal on Nov 13 ’24 to sell 29779.0 shares. Meanwhile, Director KNIGHT KEVIN P bought 29779.0 shares on Nov 13 ’24.
