Currently, Knight-Swift Transportation Holdings Inc [KNX] is trading at $54.96, up 1.35%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The KNX shares have gain 1.05% over the last week, with a monthly amount drifted -3.53%, and not 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 January 03, 2025, when Susquehanna upgraded its rating to a Positive and also boosted its price target to $67 from $48. Previously, Citigroup downgraded its rating to Sell on November 12, 2024, and kept the price target unchanged to $56. On October 24, 2024, TD Cowen reiterated its Buy rating and revised its price target to $56 on the stock. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $55 on October 09, 2024. TD Cowen reiterated its recommendation of a Buy and raised its price target to $57 on July 25, 2024. Wolfe Research downgraded its rating to Peer Perform for this stock on July 11, 2024. In a note dated June 07, 2024, Wells Fargo initiated an Overweight rating and provided a target price of $56 on this stock.
This stock has fluctuated between a low of $45.55 and a high of $60.99 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $55 within the next 12 months. Knight-Swift Transportation Holdings Inc [NYSE: KNX] shares were valued at $54.96 at the most recent close of the market. An investor can expect a potential return of 0.07% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.48.
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 54.51 points at the first support level, and at 54.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.30, and for the 2nd resistance point, it is at 55.65.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Knight-Swift Transportation Holdings Inc [NYSE:KNX] is 1.01. Also, the Quick Ratio is 1.01, while the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 1.19, the price to book ratio is 1.26 and price to earnings (TTM) ratio is 238.23.
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.
