KNX icon

Knight Transportation

54.46 USD
+0.59
1.10%
At close Feb 13, 4:00 PM EST
After hours
55.00
+0.54
0.99%
1 day
1.10%
5 days
-1.77%
1 month
0.42%
3 months
-4.62%
6 months
3.95%
Year to date
3.28%
1 year
-8.19%
5 years
37.53%
10 years
45.46%
 

About: Knight-Swift is the largest full-truckload carrier in the us, with a diversified transportation offering. Pro forma for the U.S. Xpress deal, about 82% of revenue derives from Knight's asset-based trucking business, with full truckload (for-hire dry van, refrigerated, and dedicated contract) making up 69% and less than truckload 13%. Truck brokerage and other asset-light logistics services make up 9% of revenue, with intermodal near 6%. Knight's intermodal operations use the Class I railroads for the underlying movement of its shipping containers and include drayage (regional trucking services to and from inland intermodal ramps/terminals). The remainder of revenue reflects services offered to shippers and third-party truckers, including equipment maintenance and leasing.

Employees: 34,800

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

65% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 43

42% more call options, than puts

Call options by funds: $39.7M | Put options by funds: $27.9M

5% more funds holding

Funds holding: 430 [Q2] → 453 (+23) [Q3]

4% more capital invested

Capital invested by funds: $7.88B [Q2] → $8.19B (+$306M) [Q3]

3.88% less ownership

Funds ownership: 97.76% [Q2] → 93.88% (-3.88%) [Q3]

13% less repeat investments, than reductions

Existing positions increased: 151 | Existing positions reduced: 173

17% less funds holding in top 10

Funds holding in top 10: 6 [Q2] → 5 (-1) [Q3]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$51
6%
downside
Avg. target
$62
13%
upside
High target
$67
23%
upside

5 analyst ratings

positive
80%
neutral
20%
negative
0%
Raymond James
David Hicks
0% 1-year accuracy
0 / 2 met price target
21%upside
$66
Strong Buy
Maintained
23 Jan 2025
B of A Securities
Ken Hoexter
44% 1-year accuracy
24 / 55 met price target
16%upside
$63
Buy
Maintained
16 Jan 2025
Raymond James
Patrick Tyler Brown
63% 1-year accuracy
25 / 40 met price target
14%upside
$62
Strong Buy
Maintained
10 Jan 2025
Susquehanna
Bascome Majors
68% 1-year accuracy
28 / 41 met price target
23%upside
$67
Positive
Upgraded
3 Jan 2025
Goldman Sachs
Jordan Alliger
50% 1-year accuracy
7 / 14 met price target
6%downside
$51
Neutral
Maintained
12 Dec 2024

Financial journalist opinion

Based on 12 articles about KNX published over the past 30 days

Neutral
Business Wire
6 hours ago
Knight-Swift Transportation Holdings Inc. Announces an Increase in Quarterly Cash Dividend
PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the "Company" or "Knight-Swift") announced today that its board of directors ("the Board") has declared the Company's quarterly cash dividend of $0.18 per share of common stock, which is a $0.02 increase from the Company's existing quarterly dividend of $0.16 per share of common stock. The Company has raised its quarterly dividend annually for six consecutive years for a 200% overall increase. The Company's quarter.
Knight-Swift Transportation Holdings Inc. Announces an Increase in Quarterly Cash Dividend
Positive
Zacks Investment Research
2 weeks ago
Knight-Swift Q4 Earnings Beat Estimates, Increase Year Over Year
KNX's fourth-quarter 2024 earnings improve year over year while revenues decrease.
Knight-Swift Q4 Earnings Beat Estimates, Increase Year Over Year
Positive
Seeking Alpha
2 weeks ago
Knight-Swift Transportation: I See Optimism For KNX In 2025 (Rating Upgrade)
I upgraded my rating for Knight-Swift Transportation Holdings to buy, as 4Q24 results indicate the start of a recovery phase. KNX's TL segment shows early signs of stabilization and improved operational efficiency, with a 2.2% y/y decline in adj operating expenses per mile. The LTL segment demonstrates robust growth, with a 20% y/y revenue increase, supported by both volume and pricing improvements.
Knight-Swift Transportation: I See Optimism For KNX In 2025 (Rating Upgrade)
Positive
MarketBeat
3 weeks ago
Momentum Builders: 3 Stocks Positioned to Shine This Quarter
Now that the first quarter of the new year is underway, investors might look for the best potential plays in the stock market. Having the confidence and financial momentum to start the year can give portfolios the room—and safety—to look for exposure to the more aggressive growth plays later in the year.
Momentum Builders: 3 Stocks Positioned to Shine This Quarter
Neutral
Seeking Alpha
3 weeks ago
Knight-Swift Transportation Holdings Inc. (KNX) Q4 2024 Earnings Conference Call Transcript
Knight-Swift Transportation Holdings Inc. (NYSE:KNX ) Q4 2024 Earnings Conference Call January 22, 2025 4:30 PM ET Company Participants Brad Stewart - Treasurer, SVP, IR Adam Miller - CEO Andrew Hess - CFO Conference Call Participants Tom Wadewitz - UBS Ken Hoexter - Bank of America Ravi Shanker - Morgan Stanley Scott Group - Wolfe Research Chris Wetherbee - Wells Fargo Jon Chappell - Evercore ISI Daniel Imbro - Stephens, Inc. David Hicks - Raymond James Brian Ossenbeck - JPMorgan Bascome Majors - Susquehanna Operator Good Morning. My name is Andrew, and I will be your conference operator for today.
Knight-Swift Transportation Holdings Inc. (KNX) Q4 2024 Earnings Conference Call Transcript
Positive
Zacks Investment Research
3 weeks ago
Here's What Key Metrics Tell Us About Knight-Swift (KNX) Q4 Earnings
The headline numbers for Knight-Swift (KNX) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Here's What Key Metrics Tell Us About Knight-Swift (KNX) Q4 Earnings
Positive
Zacks Investment Research
3 weeks ago
Knight-Swift Transportation Holdings (KNX) Q4 Earnings Beat Estimates
Knight-Swift Transportation Holdings (KNX) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.09 per share a year ago.
Knight-Swift Transportation Holdings (KNX) Q4 Earnings Beat Estimates
Neutral
Business Wire
3 weeks ago
Knight-Swift Transportation Holdings Inc. Announces Results for Fourth Quarter 2024
PHOENIX--(BUSINESS WIRE)--Knight-Swift Transportation Holdings Inc. (NYSE:KNX), one of North America's largest and most diversified freight transportation companies, has released its earnings for the quarter ended December 31, 2024. The release is currently available on the Knight-Swift investor relations website: investor.knight-swift.com and will be filed with the SEC on a Form 8-K. The company will hold a conference call this afternoon from 4:30 to 5:30 PM EST to further discuss its results.
Knight-Swift Transportation Holdings Inc. Announces Results for Fourth Quarter 2024
Negative
Zacks Investment Research
3 weeks ago
Knight-Swift to Report Q4 Earnings: What's in Store for the Stock?
KNX's fourth-quarter 2024 performance is expected to have been weighed down by high costs related to driver wages, equipment, maintenance, fuel, and other expenses.
Knight-Swift to Report Q4 Earnings: What's in Store for the Stock?
Neutral
Seeking Alpha
3 weeks ago
Knight-Swift Transportation Holdings: Taking A More Cautious Approach (Rating Downgrade)
I am downgrading Knight-Swift Transportation Holdings stock to a ‘hold' due to declining revenue, profits, and cash flows, despite previous optimism. Revenue fell from $7.43 billion to $7.14 billion, with significant declines in the Logistics and Intermodal segments, impacting overall profitability. Despite some growth in the Truckload and LTL segments, the company's financial health remains weak, with net income and adjusted profits plummeting.
Knight-Swift Transportation Holdings: Taking A More Cautious Approach (Rating Downgrade)
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