Knight-Swift Transportation (KNX) Getting Somewhat Positive News Coverage, Study Finds

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:

How to Become a New Pot Stock Millionaire

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.

Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings data on Tuesday, January 30th. The transportation company reported $0.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.13. The firm had revenue of $1.36 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Knight-Swift Transportation had a return on equity of 5.92% and a net margin of 12.58%. Knight-Swift Transportation’s revenue was up 370.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.29 earnings per share. sell-side analysts anticipate that Knight-Swift Transportation will post 2.27 EPS for the current fiscal year.

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.

COPYRIGHT VIOLATION WARNING: This story was reported by Ticker Report and is the property of of Ticker Report. If you are viewing this story on another website, it was stolen and reposted in violation of international trademark & copyright laws. The legal version of this story can be accessed at https://www.tickerreport.com/banking-finance/3303266/knight-swift-transportation-knx-getting-somewhat-positive-news-coverage-study-finds.html.

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.

Insider Buying and Selling by Quarter for Knight-Swift Transportation (NYSE:KNX)

Receive News & Ratings for Knight-Swift Transportation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Knight-Swift Transportation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Companhia de Saneamento Basico  and The Competition Financial Contrast
Companhia de Saneamento Basico and The Competition Financial Contrast
Contrasting Transcat  and Aehr Test Systems
Contrasting Transcat and Aehr Test Systems
Zacks: Brokerages Expect Karyopharm Therapeutics  to Announce -$0.67 EPS
Zacks: Brokerages Expect Karyopharm Therapeutics to Announce -$0.67 EPS
Hasbro  Given Consensus Rating of “Hold” by Analysts
Hasbro Given Consensus Rating of “Hold” by Analysts
Electronics for Imaging  Receives Average Recommendation of “Hold” from Analysts
Electronics for Imaging Receives Average Recommendation of “Hold” from Analysts
Medifast  Sets New 12-Month High and Low at $101.92
Medifast Sets New 12-Month High and Low at $101.92


© 2006-2018 Ticker Report. Google+.