Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Stock Has Consensus Price Target of $84.26

Shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) have received an average rating of “Moderate Buy” from the twenty-one research firms that are presently covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation, sixteen have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $83.95.

A number of equities analysts recently weighed in on KNX shares. Zacks Research lowered shares of Knight-Swift Transportation from a “strong-buy” rating to a “hold” rating in a report on Friday, July 31st. TD Cowen increased their target price on Knight-Swift Transportation from $82.00 to $86.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Knight-Swift Transportation in a report on Monday, July 13th. Susquehanna boosted their price target on Knight-Swift Transportation from $90.00 to $96.00 and gave the stock a “positive” rating in a research note on Thursday, July 23rd. Finally, Sanford C. Bernstein began coverage on Knight-Swift Transportation in a research note on Thursday, September 10th. They issued an “outperform” rating and a $91.00 price target for the company.

Insider Buying and Selling at Knight-Swift Transportation

In other news, CAO Cary Flanagan sold 3,600 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were sold at an average price of $70.82, for a total transaction of $254,952.00. Following the sale, the chief accounting officer owned 5,405 shares of the company’s stock, valued at $382,782.10. This trade represents a 39.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director David Vander Ploeg sold 2,200 shares of the business’s stock in a transaction that occurred 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 transaction, the director directly owned 30,252 shares of the company’s stock, valued at $1,583,087.16. The trade was a 6.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 224,954 shares of company stock worth $16,183,454. Company insiders own 2.90% of the company’s stock.

Hedge Funds Weigh In On Knight-Swift Transportation

Institutional investors and hedge funds have recently modified their holdings of the company. QRG Capital Management Inc. boosted its position in Knight-Swift Transportation by 11.1% in the second quarter. QRG Capital Management Inc. now owns 9,951 shares of the transportation company’s stock worth $775,000 after purchasing an additional 991 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new position in shares of Knight-Swift Transportation in the 2nd quarter worth approximately $203,000. MCF Advisors LLC lifted its stake in shares of Knight-Swift Transportation by 55.8% in the 2nd quarter. MCF Advisors LLC now owns 676 shares of the transportation company’s stock worth $53,000 after purchasing an additional 242 shares during the period. Engineers Gate Manager LP boosted its holdings in shares of Knight-Swift Transportation by 54.3% in the second quarter. Engineers Gate Manager LP now owns 175,244 shares of the transportation company’s stock worth $13,646,000 after buying an additional 61,706 shares during the last quarter. Finally, Cidel Asset Management Inc. purchased a new position in shares of Knight-Swift Transportation in the second quarter worth approximately $208,000. 88.77% of the stock is currently owned by hedge funds and other institutional investors.

Knight-Swift Transportation Stock Performance

Shares of KNX stock opened at $63.60 on Friday. The company has a market capitalization of $10.35 billion, a price-to-earnings ratio of 244.64, a price-to-earnings-growth ratio of 0.54 and a beta of 1.18. 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 one year low of $38.63 and a one year high of $82.86. The company’s 50-day moving average is $69.71 and its 200 day moving average is $68.33.

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

Knight-Swift Transportation Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 21st. Shareholders of record on Friday, September 4th were given a $0.20 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.80 dividend on an annualized basis and a yield of 1.3%. Knight-Swift Transportation’s payout ratio is 307.69%.

Knight-Swift Transportation Company Profile

Knight-Swift Transportation Holdings Inc is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, less-than-truckload shipping, intermodal services and logistics solutions for commercial and industrial customers.

The company operates a large fleet of tractors and trailers and offers dedicated and irregular-route truckload services, freight brokerage and supply-chain support. Its less-than-truckload business transports smaller shipments through regional and national networks, while its intermodal operations combine rail and highway transportation.