Knight-Swift Transportation (NYSE:KNX) Given New $63.00 Price Target at Stifel Nicolaus

Knight-Swift Transportation (NYSE:KNX) had its price objective hoisted by equities researchers at Stifel Nicolaus from $61.00 to $63.00 in a report issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the transportation company’s stock. Stifel Nicolaus’ price target points to a potential upside of 8.63% from the stock’s previous close.

Other analysts have also recently issued research reports about the company. Zacks Research upgraded Knight-Swift Transportation from a “strong sell” rating to a “hold” rating in a report on Wednesday, December 3rd. Citigroup upgraded Knight-Swift Transportation from a “neutral” rating to a “buy” rating and set a $64.00 price objective on the stock in a research note on Friday, March 13th. TD Cowen increased their target price on Knight-Swift Transportation from $53.00 to $60.00 and gave the company a “buy” rating in a research note on Tuesday, December 9th. Weiss Ratings lowered Knight-Swift Transportation from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 20th. Finally, Benchmark upped their price target on Knight-Swift Transportation from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $61.78.

Knight-Swift Transportation Trading Up 0.7%

Shares of KNX traded up $0.41 on Thursday, hitting $57.99. 300,376 shares of the stock traded hands, compared to its average volume of 3,250,513. 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 firm has a market capitalization of $9.42 billion, a P/E ratio of 141.42, a P/E/G ratio of 0.87 and a beta of 1.11. The stock’s 50 day moving average is $57.72 and its two-hundred day moving average is $51.10. Knight-Swift Transportation has a 1 year low of $36.69 and a 1 year high of $64.10.

Knight-Swift Transportation (NYSE:KNX) last released its earnings results on Wednesday, January 21st. The transportation company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.05). The firm had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.90 billion. Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.The firm’s revenue was down .4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.36 earnings per share. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. As a group, sell-side analysts predict that Knight-Swift Transportation will post 2.13 earnings per share for the current year.

Insiders Place Their Bets

In other Knight-Swift Transportation news, COO James L. Fitzsimmons sold 5,917 shares of Knight-Swift Transportation stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total transaction of $324,074.09. Following the sale, the chief operating officer directly owned 8,716 shares in the company, valued at $477,375.32. The trade was a 40.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael K. Liu sold 1,243 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $60.87, for a total value of $75,661.41. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 42,930 shares of company stock worth $2,581,186. 3.00% of the stock is owned by insiders.

Institutional Trading of Knight-Swift Transportation

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Fifth Third Bancorp grew its stake in Knight-Swift Transportation by 44.4% in the fourth quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock worth $45,000 after purchasing an additional 267 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of Knight-Swift Transportation by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 52,930 shares of the transportation company’s stock worth $2,091,000 after purchasing an additional 306 shares during the period. Parallel Advisors LLC lifted its position in shares of Knight-Swift Transportation by 7.9% in the 4th quarter. Parallel Advisors LLC now owns 4,240 shares of the transportation company’s stock worth $222,000 after buying an additional 309 shares during the last quarter. Lido Advisors LLC lifted its position in shares of Knight-Swift Transportation by 0.4% in the 4th quarter. Lido Advisors LLC now owns 75,102 shares of the transportation company’s stock worth $3,926,000 after buying an additional 335 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Knight-Swift Transportation by 54.2% in the 4th quarter. Farther Finance Advisors LLC now owns 956 shares of the transportation company’s stock valued at $50,000 after buying an additional 336 shares during the period. Institutional investors own 88.77% of the company’s stock.

About Knight-Swift Transportation

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.