Knight-Swift Transportation (NYSE:KNX) Hits New 1-Year High – Should You Buy?

Shares of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) reached a new 52-week high during trading on Wednesday . The company traded as high as $62.20 and last traded at $61.0350, with a volume of 263817 shares trading hands. The stock had previously closed at $60.05.

Wall Street Analyst Weigh In

Several equities analysts have commented on KNX shares. Wells Fargo & Company raised their target price on shares of Knight-Swift Transportation from $58.00 to $60.00 and gave the company an “overweight” rating in a report on Tuesday, January 6th. TD Cowen boosted their price objective on shares of Knight-Swift Transportation from $53.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, December 9th. Stifel Nicolaus reduced their target price on Knight-Swift Transportation from $63.00 to $61.00 and set a “buy” rating on the stock in a report on Thursday, January 22nd. Stephens lowered their price target on Knight-Swift Transportation from $65.00 to $63.00 and set an “overweight” rating for the company in a report on Thursday, January 22nd. Finally, Citigroup reiterated a “neutral” rating and issued a $64.00 target price on shares of Knight-Swift Transportation in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $60.00.

Knight-Swift Transportation Trading Up 1.4%

The company has a current ratio of 0.86, a quick ratio of 1.33 and a debt-to-equity ratio of 0.30. The firm’s 50-day moving average is $55.00 and its 200 day moving average is $47.43. The firm has a market capitalization of $9.89 billion, a price-to-earnings ratio of 148.13, a P/E/G ratio of 0.88 and a beta of 1.15.

Knight-Swift Transportation (NYSE:KNX) last issued its quarterly earnings results on Wednesday, January 21st. The transportation company reported $0.31 EPS for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.05). The business had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.90 billion. Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.Knight-Swift Transportation’s revenue for the quarter was down .4% on a year-over-year basis. During the same quarter last year, the firm posted $0.36 EPS. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. On average, equities analysts predict that Knight-Swift Transportation Holdings Inc. will post 2.13 earnings per share for the current fiscal year.

Insider Activity

In other Knight-Swift Transportation news, Chairman Kevin P. Knight sold 35,000 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $51.01, for a total transaction of $1,785,350.00. Following the sale, the chairman owned 1,405,347 shares of the company’s stock, valued at approximately $71,686,750.47. This represents a 2.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, COO James L. Fitzsimmons sold 5,917 shares of the stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total value of $324,074.09. Following the sale, the chief operating officer owned 8,716 shares of the company’s stock, valued at approximately $477,375.32. The trade was a 40.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 46,852 shares of company stock worth $2,426,770 in the last 90 days. 3.00% of the stock is owned by company insiders.

Institutional Investors Weigh In On Knight-Swift Transportation

Several large investors have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in Knight-Swift Transportation in the fourth quarter worth approximately $92,070,000. Balyasny Asset Management L.P. increased its stake in shares of Knight-Swift Transportation by 269.7% in the 3rd quarter. Balyasny Asset Management L.P. now owns 2,231,439 shares of the transportation company’s stock valued at $88,164,000 after acquiring an additional 1,627,791 shares in the last quarter. Junto Capital Management LP lifted its position in shares of Knight-Swift Transportation by 252.4% during the 3rd quarter. Junto Capital Management LP now owns 2,262,145 shares of the transportation company’s stock valued at $89,377,000 after acquiring an additional 1,620,224 shares during the period. Pzena Investment Management LLC bought a new position in Knight-Swift Transportation during the fourth quarter worth $66,151,000. Finally, Clean Energy Transition LLP acquired a new stake in Knight-Swift Transportation in the second quarter worth $51,817,000. Institutional investors and hedge funds own 88.77% of the company’s stock.

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.