At the time of writing, Knight-Swift Transportation Holdings Inc [KNX] stock is trading at $58.80, up 2.73%. 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 7.20% over the last week, with a monthly amount glided 11.30%, 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 January 23, 2025, when TD Cowen reiterated its Buy rating and also boosted its price target to $65 from $62. Previously, Susquehanna upgraded its rating to Positive on January 03, 2025, and elevated its price target to $67. On November 12, 2024, downgrade downgraded it’s rating to Sell but maintained its price target of $56 on the stock. TD Cowen reiterated its Buy rating and increased its price target to $56 on October 24, 2024. Citigroup initiated its recommendation with a Neutral and recommended $55 as its price target on October 09, 2024. TD Cowen reiterated a Buy rating for this stock on July 25, 2024, and upped its price target to $57. In a note dated July 11, 2024, Wolfe Research downgraded an Peer Perform rating on this stock.
For the past year, the stock price of Knight-Swift Transportation Holdings Inc fluctuated between $45.55 and $61.51. 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 $58.80 at the most recent close of the market. An investor can expect a potential drop of -6.46% based on the average KNX price forecast.
Analyzing the KNX fundamentals
According to Knight-Swift Transportation Holdings Inc [NYSE:KNX], the company’s sales were 7.41B for trailing twelve months, which represents an -3.50% plunge. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 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 0.19.
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 57.03 points at the first support level, and at 55.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 60.04, and for the 2nd resistance point, it is at 61.28.
Ratios To Look Out For
It is important to note that Knight-Swift Transportation Holdings Inc [NYSE:KNX] has a current ratio of 0.85. In addition, the Quick Ratio stands at 1.01 and the Cash Ratio stands at 0.21. Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 1.35 and price to earnings (TTM) ratio is 81.15.
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.
