The stock of Knight-Swift Transportation Holdings Inc (KNX) has gone up by 1.05% for the week, with a -3.53% drop in the past month and a 7.96% rise in the past quarter. The volatility ratio for the week is 3.20%, and the volatility levels for the past 30 days are 2.58% for KNX. The simple moving average for the past 20 days is 2.67% for KNX’s stock, with a 6.05% simple moving average for the past 200 days.
Is It Worth Investing in Knight-Swift Transportation Holdings Inc (NYSE: KNX) Right Now?
Knight-Swift Transportation Holdings Inc (NYSE: KNX) has a higher price-to-earnings ratio of 238.23x compared to its average ratio, The 36-month beta value for KNX is at 0.98. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 2 rating it as “overweight,” 9 as “hold,” and 1 as “sell.”
The public float for KNX is 156.89M, and currently, shorts hold a 4.18% of that float. The average trading volume for KNX on January 15, 2025 was 1.88M shares.
KNX) stock’s latest price update
Knight-Swift Transportation Holdings Inc (NYSE: KNX)’s stock price has plunge by 1.35relation to previous closing price of 54.23. Nevertheless, the company has seen a 1.05% surge in its stock price over the last five trading sessions. zacks.com reported 2025-01-07 that KNX is grappling with escalated operating expenses related to driver wages, equipment, maintenance, fuel and other expenses.
Analysts’ Opinion of KNX
Many brokerage firms have already submitted their reports for KNX stocks, with Susquehanna repeating the rating for KNX by listing it as a “Positive.” The predicted price for KNX in the upcoming period, according to Susquehanna is $67 based on the research report published on January 03, 2025 of the current year 2025.
Citigroup, on the other hand, stated in their research note that they expect to see KNX reach a price target of $56. The rating they have provided for KNX stocks is “Sell” according to the report published on November 12th, 2024.
TD Cowen gave a rating of “Buy” to KNX, setting the target price at $56 in the report published on October 24th of the previous year.
KNX Trading at -0.80% 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 -9.89% of loss for the given period.
Volatility was left at 2.58%, however, over the last 30 days, the volatility rate increased by 3.20%, as shares sank -2.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.60% upper at present.
During the last 5 trading sessions, KNX rose by +1.05%, which changed the moving average for the period of 200-days by +2.54% in comparison to the 20-day moving average, which settled at $53.53. In addition, Knight-Swift Transportation Holdings Inc saw 3.62% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KNX starting from Vander Ploeg David, who sale 500 shares at the price of $57.10 back on Nov 14 ’24. After this action, Vander Ploeg David now owns 30,729 shares of Knight-Swift Transportation Holdings Inc, valued at $28,552 using the latest closing price.
KNIGHT KEVIN P, the Executive Chairman of Knight-Swift Transportation Holdings Inc, sale 29,779 shares at $57.19 during a trade that took place back on Nov 13 ’24, which means that KNIGHT KEVIN P is holding 0 shares at $1,702,960 based on the most recent closing price.
Stock Fundamentals for KNX
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 0.1 for the gross margin
The net margin for Knight-Swift Transportation Holdings Inc stands at 0.01. The total capital return value is set at 0.02. Equity return is now at value 0.53, with 0.29 for asset returns.
Based on Knight-Swift Transportation Holdings Inc (KNX), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 0.48. The interest coverage ratio of the stock is 1.18.
Currently, EBITDA for the company is 1.13 billion with net debt to EBITDA at 3.3. When we switch over and look at the enterprise to sales, we see a ratio of 1.62. The receivables turnover for the company is 8.38for trailing twelve months and the total asset turnover is 0.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.01.
Conclusion
In conclusion, Knight-Swift Transportation Holdings Inc (KNX) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
