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Knight Transportation (KNX)
NYSE:KNX
Knight Transportation (KNX) Stock Price & Analysis
440 Followers
KNX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$45.48 - $60.81
Previous Close$48.46
Volume1.21M
Average Volume (3M)2.24M
Market Cap
$7.83B
Enterprise Value$10.87B
Total Cash (Recent Filing)$194.40M
Total Debt (Recent Filing)$3.22B
Price to Earnings (P/E)71.2
Beta0.85
Next Earnings
Jul 17, 2024EPS Estimate
$0.28Next Dividend Ex-Date
Jun 10, 2024Dividend Yield1.18%
Share Statistics
EPS (TTM)0.68
Shares Outstanding161,611,000
10 Day Avg. Volume2,171,386
30 Day Avg. Volume2,243,775
Standard Deviation0.08
R-Squared0.47
Alpha-0.00136
Financial Highlights & Ratios
Price to Book (P/B)6.73
Price to Sales (P/S)1.05
Price to Cash Flow (P/CF)6.90
P/FCF Ratio6.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.65
Enterprise Value/Gross Profit2.02
Enterprise Value/Ebitda8.02
Forecast
1Y Price Target
$55.93Price Target Upside15.41% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Knight Transportation News
PremiumPre-Earnings
Is KNX a Buy, Before Earnings?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceKnight-Swift's focus on integrating acquisitions and business segments shows promise for stabilizing its financial performance and driving future earnings growth.
Leadership And StrategyThe appointment of CFO Miller as CEO is viewed as a strategic move to navigate Knight-Swift through an industry upturn, leveraging his experience to improve the company's operating efficiency.
Market OutlookBetter times are expected for Knight-Swift with an anticipated uptick in demand due to restocking and a return to normalized seasonal trends.
Bears Say
Company PerformanceQ124 adjusted results weaker as preannounced, with adjusted EPS of $0.12, well below market expectations.
Financial ForecastKnight-Swift lowered its 2Q24 adjusted EPS guidance range by ~50%, indicating a potential decrease in expected profitability.
Market ConditionsExcess capacity and generally soft pricing continue to offset volume improvements in certain pockets of transportation.
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Ownership Overview
20.13% Insiders
33.35% Mutual Funds
43.06% Other Institutional Investors
3.46% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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KNX FAQ
What was Knight Transportation’s price range in the past 12 months?
Knight Transportation lowest stock price was $45.48 and its highest was $60.81 in the past 12 months.
What is Knight Transportation’s market cap?
Currently, no data Available
When is Knight Transportation’s upcoming earnings report date?
Knight Transportation’s upcoming earnings report date is Jul 17, 2024 which is in 57 days.
How were Knight Transportation’s earnings last quarter?
Knight Transportation released its earnings results on Apr 24, 2024. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.3 by -$0.18.
Is Knight Transportation overvalued?
According to Wall Street analysts Knight Transportation’s price is currently Undervalued.
Does Knight Transportation pay dividends?
Knight Transportation pays a Quarterly dividend of $0.16 which represents an annual dividend yield of 1.18%. See more information on Knight Transportation dividends here
What is Knight Transportation’s EPS estimate?
Knight Transportation’s EPS estimate is $0.28.
How many shares outstanding does Knight Transportation have?
Knight Transportation has 161,611,000 shares outstanding.
What happened to Knight Transportation’s price movement after its last earnings report?
Knight Transportation reported an EPS of $0.12 in its last earnings report, missing expectations of $0.3. Following the earnings report the stock price went down -2.824%.
Which hedge fund is a major shareholder of Knight Transportation?
Among the largest hedge funds holding Knight Transportation’s share is Viking Global Investors LP. It holds Knight Transportation’s shares valued at 94M.
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Knight Transportation Stock Smart Score
Neutral
1
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5
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$55.93 (15.41% Upside)
$55.93 (15.41% Upside)
Blogger Sentiment
Bullish
KNX Sentiment 66%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 2.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $112.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.8%
Last 30 Days ▲ 4.6%
Last 30 Days ▲ 4.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.29%
12-Months-Change
Fundamentals
Return on Equity
1.57%
Trailing 12-Months
Asset Growth
15.41%
Trailing 12-Months
Company Description
Knight Transportation
Knight-Swift Transportation Holdings, Inc. engages in the provision of multiple truckload transportation and logistics services. It operates through the following business segments: Trucking, Logistics, and Intermodal. The Trucking segment comprises irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations. The Logistics segment include brokerage and other freight management services. The Intermodal segment consists revenue generated by moving freight over the rail in the containers and other trailing equipment, combined with the revenue for drayage to transport loads between the railheads and customer locations. The company was founded on September 8, 2017 and is headquartered in Phoenix, AZ.
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KNX Company Deck
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KNX Earnings Call
Q1 2024
0:00 / 0:00
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KNX Revenue Breakdown
65.79% Truckload
15.16% LTL
8.15% Logistics
6.47% Non-reportable segments
5.75% Intermodal
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KNX Stock 12 Month Forecast
Average Price Target
$55.93
▲(15.41% Upside)
Technical Analysis
Best Analysts Covering KNX
1 Year
1 Year Success Rate
10/15 ratings generated profit
1 Year Average Return
+9.93%
reiterated a buy rating last month
Copying Amit Mehrotra's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +9.93% per trade.
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