Knight-Swift Transportation (NYSE:KNX) Price Target Raised to $70.00

Knight-Swift Transportation (NYSE:KNX) had its price target boosted by Stifel Nicolaus from $63.00 to $70.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the transportation company’s stock. Stifel Nicolaus’ price target points to a potential upside of 4.78% from the stock’s current price.

KNX has been the topic of several other reports. Weiss Ratings upgraded Knight-Swift Transportation from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Wednesday, April 15th. Stephens reduced their price objective on Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating on the stock in a research report on Thursday, January 22nd. Barclays increased their price objective on Knight-Swift Transportation from $65.00 to $75.00 and gave the company an “overweight” rating in a research report on Wednesday, March 4th. Susquehanna increased their price objective on Knight-Swift Transportation from $60.00 to $72.00 and gave the company a “neutral” rating in a research report on Wednesday. Finally, UBS Group upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and increased their price objective for the company from $54.00 to $66.00 in a research report on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $65.00.

Knight-Swift Transportation Price Performance

Shares of Knight-Swift Transportation stock traded up $2.83 during trading on Thursday, hitting $66.81. 1,733,282 shares of the stock traded hands, compared to its average volume of 3,212,487. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.30. The stock has a market cap of $10.85 billion, a price-to-earnings ratio of 162.95, a PEG ratio of 0.96 and a beta of 1.11. The firm’s fifty day moving average is $58.89 and its 200-day moving average is $53.38. Knight-Swift Transportation has a 52 week low of $37.76 and a 52 week high of $67.75.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.20). The firm had revenue of $1.85 billion for the quarter, compared to the consensus estimate of $1.85 billion. Knight-Swift Transportation had a net margin of 0.88% and a return on equity of 2.88%. Knight-Swift Transportation’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.28 earnings per share. Research analysts expect that Knight-Swift Transportation will post 1.95 EPS for the current fiscal year.

Insiders Place Their Bets

In other Knight-Swift Transportation news, CFO Joshua Smith sold 5,770 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $60.91, for a total value of $351,450.70. Following the completion of the sale, the chief financial officer owned 9,214 shares in the company, valued at approximately $561,224.74. This trade represents a 38.51% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman Kevin P. Knight sold 30,000 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $61.00, for a total value of $1,830,000.00. Following the completion of the sale, the chairman owned 1,305,347 shares of the company’s stock, valued at approximately $79,626,167. This trade represents a 2.25% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 42,930 shares of company stock worth $2,581,186. Corporate insiders own 2.90% of the company’s stock.

Institutional Trading of Knight-Swift Transportation

Several large investors have recently bought and sold shares of the company. Blue Trust Inc. lifted its stake in shares of Knight-Swift Transportation by 123.9% in the 1st quarter. Blue Trust Inc. now owns 544 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 301 shares during the period. Clearstead Advisors LLC lifted its stake in shares of Knight-Swift Transportation by 134.6% in the 4th quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 385 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in shares of Knight-Swift Transportation by 1,478.6% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 828 shares during the period. SJS Investment Consulting Inc. lifted its stake in shares of Knight-Swift Transportation by 7,100.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock valued at $37,000 after purchasing an additional 923 shares during the period. Finally, Versant Capital Management Inc lifted its stake in shares of Knight-Swift Transportation by 111.3% in the 3rd quarter. Versant Capital Management Inc now owns 936 shares of the transportation company’s stock valued at $37,000 after purchasing an additional 493 shares during the period. 88.77% of the stock is owned by institutional investors.

Key Headlines Impacting Knight-Swift Transportation

Here are the key news stories impacting Knight-Swift Transportation this week:

• Positive Sentiment: Several brokerages raised targets and reiterated bullish ratings, underpinning upside expectations — Benchmark raised its target to $75 and kept a Buy rating. Article Title
• Positive Sentiment: Robert W. Baird boosted its target to $70 and set an Outperform rating, signaling incremental analyst confidence. Article Title
• Positive Sentiment: TD Cowen raised its target sharply to $78 and reiterated a Buy, highlighting tighter capacity, regulatory tailwinds and potential margin upside as reasons for the bullish stance. TD Cowen / TipRanks
• Neutral Sentiment: Susquehanna raised its target to $72 but maintained a Neutral rating, suggesting upside is recognized but risks remain. Article Title
• Neutral Sentiment: Company released Q1 materials, slide deck and held its earnings call — useful for assessing management commentary on volumes, pricing and fuel/route cost trends. Press Release / Slide Deck
• Neutral Sentiment: Zacks and MarketBeat posted Q1 coverage noting revenue roughly in line with expectations (~$1.85B) and offering metric?level context for investors to parse. Zacks
• Negative Sentiment: Earnings miss and weak profitability: KNX reported $0.09 EPS for Q1 vs. the consensus ~$0.29 (MarketBeat), a meaningful miss from prior year EPS of $0.28, showing margin pressure. MarketBeat earnings
• Negative Sentiment: Operational headwinds: The WSJ and company commentary cited a swing to a Q1 loss driven by a tightening truckload market and higher fuel costs (linked to geopolitical developments), which compresses margins near term. WSJ

Knight-Swift Transportation Company Profile

Knight-Swift Transportation Holdings Inc (NYSE: KNX) is one of North America’s largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.

The company’s core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.