Swift Transportation (SWFT) Earns Daily Media Sentiment Rating of 0.11
News articles about Swift Transportation (NYSE:SWFT) have trended somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Swift Transportation earned a news sentiment score of 0.11 on Accern’s scale. Accern also gave news headlines about the transportation company an impact score of 45.1290280745606 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s analysis:
- Insider Selling: Swift Transportation Company (SWFT) Insider Sells 126,722 Shares of Stock (americanbankingnews.com)
- Virginia Henkels Sells 29,051 Shares of Swift Transportation Company (SWFT) Stock (americanbankingnews.com)
- Swift Transportation (SWFT) vs. Canadian Pacific Railway Limited (CP) Critical Survey (americanbankingnews.com)
- Swift Transportation Company (SWFT) 3.82% away from 20 SMA – Voice Of Analysts (analystsbuzz.com)
- See what the IHS Markit Score report has to say about Swift Transportation Co. (finance.yahoo.com)
Swift Transportation (NYSE SWFT) opened at 26.55 on Friday. The company has a market cap of $3.56 billion, a PE ratio of 34.04 and a beta of 1.96. Swift Transportation has a 12-month low of $18.40 and a 12-month high of $27.67. The stock has a 50 day moving average of $26.06 and a 200-day moving average of $23.77.
Swift Transportation (NYSE:SWFT) last issued its quarterly earnings results on Monday, July 24th. The transportation company reported $0.25 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.20 by $0.05. The firm had revenue of $1,000 million during the quarter, compared to the consensus estimate of $1.02 billion. Swift Transportation had a return on equity of 22.23% and a net margin of 2.99%. The company’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter last year, the company posted $0.34 EPS. On average, equities research analysts anticipate that Swift Transportation will post $0.98 earnings per share for the current fiscal year.
Several research firms recently weighed in on SWFT. UBS AG reaffirmed a “buy” rating and set a $31.00 price objective (up previously from $29.00) on shares of Swift Transportation in a research report on Tuesday, July 25th. BidaskClub raised shares of Swift Transportation from a “sell” rating to a “hold” rating in a research report on Wednesday, August 9th. Zacks Investment Research cut shares of Swift Transportation from a “buy” rating to a “hold” rating in a research report on Saturday, August 5th. Vetr raised shares of Swift Transportation from a “buy” rating to a “strong-buy” rating and set a $27.80 price objective for the company in a research report on Monday, May 1st. Finally, ValuEngine raised shares of Swift Transportation from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Eight analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $28.18.
In related news, insider Cary M. Flanagan sold 2,454 shares of the business’s stock in a transaction that occurred on Friday, May 26th. The stock was sold at an average price of $23.93, for a total value of $58,724.22. Following the completion of the sale, the insider now owns 6,743 shares in the company, valued at approximately $161,359.99. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Virginia Henkels sold 58,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $24.16, for a total value of $1,401,280.00. Following the completion of the sale, the chief financial officer now owns 45,748 shares of the company’s stock, valued at approximately $1,105,271.68. The disclosure for this sale can be found here. In the last quarter, insiders have sold 377,053 shares of company stock valued at $9,597,059. Corporate insiders own 44.90% of the company’s stock.
About Swift Transportation
Swift Transportation Company is a multi-faceted transportation services company. As of December 31, 2016, the Company operated fleets of truckload equipment in North America from over 40 terminals near key freight centers and traffic lanes. The Company’ segments include Truckload, Dedicated, Swift Refrigerated and Intermodal.
Receive News & Stock Ratings for Swift Transportation Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swift Transportation Company and related stocks with our FREE daily email newsletter.