Knight-Swift Transportation Holdings Inc (NYSE: KNX) is -14.10% lower on its value in year-to-date trading and has touched a low of $36.69 and a high of $61.51 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KNX stock was last observed hovering at around $46.15 in the last trading session, with the day’s loss setting it -0.59%.
Currently trading at $45.56, the stock is 10.21% and 6.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.35 million and changing -1.28% at the moment leaves the stock -10.66% off its SMA200. KNX registered -8.90% loss for a year compared to 6-month loss of -22.62%.
The stock witnessed a 15.25% gain in the last 1 month and extending the period to 3 months gives it a -16.34%, and is 5.54% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.29% over the week and 3.55% over the month.
Knight-Swift Transportation Holdings Inc (KNX) has around 35300 employees, a market worth around $7.38B and $7.41B in sales. Current P/E ratio is 49.01 and Fwd P/E is 18.23. Profit margin for the company is 2.04%. Distance from 52-week low is 24.18% and -25.93% from its 52-week high. The company has generated returns on investments over the last 12 months (1.59%).
with sales reaching $1.87B over the same period.The EPS is expected to grow by 41.33% this year, but quarterly earnings will post 2.00% year-over-year. Quarterly sales are estimated to grow 1.42% in year-over-year returns.
The shares outstanding are 162.02M, and float is at 156.98M with Short Float at 4.64%.
The top institutional shareholder in the company is WELLINGTON MANAGEMENT GROUP LLP with over 21.88 million shares valued at $1.09 billion. The investor’s holdings represent 13.5347 of the KNX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.34 million shares valued at $815.73 million to account for 10.1063 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 14.99 million shares representing 9.2728 and valued at over $748.46 million, while FMR LLC holds 5.3109 of the shares totaling 8.59 million with a market value of $428.67 million.
Knight-Swift Transportation Holdings Inc (KNX) Insider Activity
The most recent transaction is an insider purchase by COL DOUGLAS L, the company’s Director. SEC filings show that COL DOUGLAS L bought 5,000 shares of the company’s common stock on Mar 13 ’25 at a price of $45.37 per share for a total of $0.23 million. Following the purchase, the insider now owns 5000.0 shares.
Knight-Swift Transportation Holdings Inc disclosed in a document filed with the SEC on Nov 14 ’24 that Vander Ploeg David (Director) sold a total of 500 shares of the company’s common stock. The trade occurred on Nov 14 ’24 and was made at $57.10 per share for $28552.0. Following the transaction, the insider now directly holds 30729.0 shares of the KNX stock.
Still, SEC filings show that on Nov 13 ’24, KNIGHT KEVIN P (Executive Chairman) disposed off 29,779 shares at an average price of $57.19 for $1.7 million. The insider now directly holds 0 shares of Knight-Swift Transportation Holdings Inc (KNX).
