Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Knight-Swift Transportation Holdings (SWFT) Stock Price

Media stories about Knight-Swift Transportation Holdings (NYSE:SWFT) have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern scores the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Knight-Swift Transportation Holdings earned a news impact score of 0.06 on Accern’s scale. Accern also gave media headlines about the transportation company an impact score of 47.2384475496591 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

These are some of the media headlines that may have effected Accern Sentiment’s scoring:

Several equities analysts recently issued reports on SWFT shares. BidaskClub lowered Knight-Swift Transportation Holdings from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. UBS AG reissued a “buy” rating and set a $31.00 target price (up previously from $29.00) on shares of Knight-Swift Transportation Holdings in a research note on Tuesday, July 25th. Stifel Nicolaus reissued a “hold” rating and set a $27.00 target price on shares of Knight-Swift Transportation Holdings in a research note on Tuesday, July 25th. Zacks Investment Research lowered Knight-Swift Transportation Holdings from a “buy” rating to a “hold” rating in a research note on Saturday, August 5th. Finally, ValuEngine raised Knight-Swift Transportation Holdings from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Six investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the stock. Knight-Swift Transportation Holdings currently has an average rating of “Buy” and a consensus price target of $28.75.

Shares of Knight-Swift Transportation Holdings (NYSE SWFT) opened at $29.49 on Thursday. The company has a quick ratio of 1.41, a current ratio of 1.45 and a debt-to-equity ratio of 1.24. Knight-Swift Transportation Holdings has a 12-month low of $19.21 and a 12-month high of $29.70.

In other news, insider Richard Stocking sold 78,215 shares of the stock in a transaction dated Tuesday, August 29th. The stock was sold at an average price of $28.66, for a total value of $2,241,641.90. Following the transaction, the insider now owns 108,864 shares in the company, valued at approximately $3,120,042.24. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Virginia Henkels sold 17,153 shares of the stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $26.95, for a total value of $462,273.35. Following the completion of the transaction, the chief financial officer now owns 16,294 shares in the company, valued at approximately $439,123.30. The disclosure for this sale can be found here. 44.90% of the stock is owned by company insiders.

WARNING: “Somewhat Favorable Press Coverage Somewhat Unlikely to Affect Knight-Swift Transportation Holdings (SWFT) Stock Price” was originally reported by Markets Daily and is owned by of Markets Daily. If you are viewing this news story on another website, it was stolen and republished in violation of US & international copyright & trademark laws. The correct version of this news story can be accessed at https://www.themarketsdaily.com/2017/11/16/somewhat-favorable-press-coverage-somewhat-unlikely-to-affect-knight-swift-transportation-holdings-swft-stock-price.html.

Knight-Swift Transportation Holdings Company Profile

Knight-Swift Transportation Holdings Inc, formerly Swift Transportation Company, provides truckload services in North America. The Company also provides rail intermodal and non-asset based freight brokerage and logistics management services. The Company provides its services across United States, Mexico and Canada using its dry van, refrigerated, flatbed and specialized trailers, and intermodal containers.

Insider Buying and Selling by Quarter for Knight-Swift Transportation Holdings (NYSE:SWFT)

Receive News & Ratings for Knight-Swift Transportation Holdings Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Knight-Swift Transportation Holdings Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply