Knight-Swift Transportation Holdings Inc. (NYSE:KNX) went down by -0.69% from its latest closing price compared to the recent 1-year high of $54.00. The company’s stock price has collected -5.42% of loss in the last five trading sessions. Press Release reported on 10/01/21 that Knight-Swift Transportation Holdings Inc. Announces Timing of Third Quarter 2021 Earnings Release
Is It Worth Investing in Knight-Swift Transportation Holdings Inc. (NYSE :KNX) Right Now?
Knight-Swift Transportation Holdings Inc. (NYSE:KNX) scored a price-to-earnings ratio above its average ratio, recording 14.62 x from its present earnings ratio. Plus, the 36-month beta value for KNX is at 1.28. Opinions of the stock are interesting as 11 analysts out of 22 who provided ratings for Knight-Swift Transportation Holdings Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 7 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $60.26, which is $12.81 above the current price. KNX currently public float of 151.61M and currently shorts hold a 4.68% ratio of that float. Today, the average trading volume of KNX was 1.53M shares.
KNX’s Market Performance
KNX stocks went down by -5.42% for the week, with a monthly drop of -8.29% and a quarterly performance of -5.89%, while its annual performance rate touched 14.79%. The volatility ratio for the week stands at 2.73% while the volatility levels for the past 30 days are set at 2.30% for Knight-Swift Transportation Holdings Inc.. The simple moving average for the period of the last 20 days is -6.98% for KNX stocks with a simple moving average of 0.22% for the last 200 days.
Analysts’ Opinion of KNX
Many brokerage firms have already submitted their reports for KNX stocks, with Cowen repeating the rating for KNX by listing it as a “Outperform.” The predicted price for KNX in the upcoming period, according to Cowen is $62 based on the research report published on September 15th of the current year 2021.
Raymond James, on the other hand, stated in their research note that they expect to see KNX reach a price target of $60. The rating they have provided for KNX stocks is “Outperform” according to the report published on September 10th, 2021.
UBS gave a rating of “Neutral” to KNX, setting the target price at $51 in the report published on July 22nd of the current year.
KNX Trading at -6.76% from the 50-Day Moving Average
After a stumble in the market that brought KNX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.17% of loss for the given period.
Volatility was left at 2.30%, however, over the last 30 days, the volatility rate increased by 2.73%, as shares sank -10.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.74% lower at present.
During the last 5 trading sessions, KNX fell by -5.42%, which changed the moving average for the period of 200-days by +12.50% in comparison to the 20-day moving average, which settled at $50.72. In addition, Knight-Swift Transportation Holdings Inc. saw 13.41% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at KNX starting from KNIGHT GARY J, who sale 50,000 shares at the price of $52.00 back on Aug 27. After this action, KNIGHT GARY J now owns 2,708,976 shares of Knight-Swift Transportation Holdings Inc., valued at $2,600,000 using the latest closing price.
Fitzsimmons James L, the EVP – Operations of Knight-Swift Transportation Holdings Inc., sale 261 shares at $50.27 during a trade that took place back on Aug 25, which means that Fitzsimmons James L is holding 0 shares at $13,145 based on the most recent closing price.
Stock Fundamentals for KNX
Current profitability levels for the company are sitting at:
- +12.11 for the present operating margin
- +18.46 for the gross margin
The net margin for Knight-Swift Transportation Holdings Inc. stands at +8.77. The total capital return value is set at 8.41, while invested capital returns managed to touch 6.46. Equity return is now at value 9.20, with 6.40 for asset returns.
Based on Knight-Swift Transportation Holdings Inc. (KNX), the company’s capital structure generated 17.56 points at debt to equity in total, while total debt to capital is 14.94. Total debt to assets is 11.96, with long-term debt to equity ratio resting at 12.22. Finally, the long-term debt to capital ratio is 10.39.
When we switch over and look at the enterprise to sales, we see a ratio of 1.70, with the company’s debt to enterprise value settled at 0.13. The receivables turnover for the company is 8.12 and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.10.