Press coverage about Knight-Swift Transportation (NYSE:KNX) has been trending somewhat positive on Monday, according to Accern. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Knight-Swift Transportation earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave headlines about the transportation company an impact score of 45.9820118449745 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Knight-Swift Transportation (KNX) Upgraded to “Buy” by Zacks Investment Research (americanbankingnews.com)
- Knight-Swift Transportation Holdings Inc (KNX) Given Consensus Recommendation of “Buy” by Brokerages (americanbankingnews.com)
- Hot Stock to Track – Knight-Swift Transportation Holdings Inc (NYSE … – Stock Trading Point (press release) (stocktradingpoint.com)
- A Look at What The Technicals Are Saying About Knight-Swift Transportation Holdings Inc. (NYSE:KNX), CCL … – Monroe Reporter (monroereporter.com)
- Free Research Reports on These Trucking Stocks — Heartland Express, JB Hunt, Knight-Swift, and Old Dominion – PR Newswire (press release) (prnewswire.com)
Knight-Swift Transportation (NYSE:KNX) traded down $0.19 during trading hours on Monday, reaching $47.15. The company’s stock had a trading volume of 2,220,683 shares, compared to its average volume of 2,029,901. The stock has a market capitalization of $8,435.47, a PE ratio of 16.41, a price-to-earnings-growth ratio of 1.39 and a beta of 1.68. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.51 and a quick ratio of 1.51. Knight-Swift Transportation has a 1 year low of $26.68 and a 1 year high of $51.94.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 27th. Shareholders of record on Thursday, March 1st will be given a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.51%. The ex-dividend date of this dividend is Wednesday, February 28th. Knight-Swift Transportation’s payout ratio is 8.35%.
A number of equities research analysts have weighed in on KNX shares. Knight Equity upgraded Knight-Swift Transportation to a “buy” rating in a research note on Sunday, November 26th. Morgan Stanley assumed coverage on Knight-Swift Transportation in a research note on Wednesday, December 13th. They set an “overweight” rating and a $50.00 price target for the company. KeyCorp upped their price target on Knight-Swift Transportation from $45.00 to $55.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 2nd. Zacks Investment Research upgraded Knight-Swift Transportation from a “hold” rating to a “buy” rating and set a $52.00 price target for the company in a research note on Wednesday, January 31st. Finally, Cowen upped their price target on Knight-Swift Transportation from $38.00 to $46.00 and gave the stock a “market perform” rating in a research note on Wednesday, January 31st. Six investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Knight-Swift Transportation currently has an average rating of “Buy” and a consensus price target of $49.60.
Knight-Swift Transportation Company Profile
Knight Transportation, Inc is a provider of multiple truckload transportation and logistics services, which involve the movement of trailer or container loads of freight from origin to destination for a single customer. The Company operates through two segments: Trucking and Logistics. Its Trucking segment consists of three operating units: dry van truckload, temperature-controlled truckload and drayage services.
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