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Knight Transportation (KNX)
NYSE:KNX
Knight Transportation (KNX) Stock Price & Analysis
446 Followers
KNX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$45.33 - $60.61
Previous Close$50
Volume1.49M
Average Volume (3M)2.08M
Market Cap
$8.08B
Enterprise Value$11.13B
Total Cash (Recent Filing)$169.07M
Total Debt (Recent Filing)$3.20B
Price to Earnings (P/E)73.5
Beta0.83
Next Earnings
Jul 24, 2024EPS Estimate
$0.28Last Dividend Ex-Date
Jun 10, 2024Dividend Yield1.2%
Share Statistics
EPS (TTM)0.68
Shares Outstanding161,611,000
10 Day Avg. Volume1,804,498
30 Day Avg. Volume2,078,891
Standard Deviation0.08
R-Squared0.45
Alpha0.00083
Financial Highlights & Ratios
Price to Book (P/B)6.62
Price to Sales (P/S)1.09
Price to Cash Flow (P/CF)6.80
P/FCF Ratio17.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.64
Enterprise Value/Gross Profit8.87
Enterprise Value/Ebitda11.40
Forecast
1Y Price Target
$56.00Price Target Upside12.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Knight Transportation News
PremiumStock Analysis & Ideas
There’s an Opportunity Brewing in These 2 Transportation Stocks, Says Raymond James2M ago
Bulls Say, Bears Say
Bulls Say
Cost ManagementUS Xpress made further progress on costs and contractual rates through bids, which allowed the business to largely overcome weather disruptions and some dedicated business losses to maintain a flattish OR quarter-over-quarter.
Market ResponseThere are positive signs of the market responding to stimulus, with improvement expected in the coming quarters.
Truckload CycleKnight-Swift is seen as a beneficiary of the early truck cycle.
Bears Say
EarningsThe company has cut its EPS targets significantly for the upcoming quarters.
Market ConditionsFreight cycle has been soft for an extended period of time with demand lackluster but stable.
ValuationKNX shares are trading at 41 times the trough EPS estimate, well above its average historical peak multiple.
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Ownership Overview
20.25% Insiders
35.65% Mutual Funds
24.28% Other Institutional Investors
19.82% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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KNX FAQ
What was Knight Transportation’s price range in the past 12 months?
Knight Transportation lowest stock price was $45.33 and its highest was $60.61 in the past 12 months.
What is Knight Transportation’s market cap?
Currently, no data Available
When is Knight Transportation’s upcoming earnings report date?
Knight Transportation’s upcoming earnings report date is Jul 24, 2024 which is in 3 days.
How were Knight Transportation’s earnings last quarter?
Knight Transportation released its earnings results on Apr 24, 2024. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.3 by -$0.18.
Is Knight Transportation overvalued?
According to Wall Street analysts Knight Transportation’s price is currently Undervalued.
Does Knight Transportation pay dividends?
Knight Transportation pays a Quarterly dividend of $0.16 which represents an annual dividend yield of 1.2%. See more information on Knight Transportation dividends here
What is Knight Transportation’s EPS estimate?
Knight Transportation’s EPS estimate is $0.28.
How many shares outstanding does Knight Transportation have?
Knight Transportation has 161,611,000 shares outstanding.
What happened to Knight Transportation’s price movement after its last earnings report?
Knight Transportation reported an EPS of $0.12 in its last earnings report, missing expectations of $0.3. Following the earnings report the stock price went down -2.834%.
Which hedge fund is a major shareholder of Knight Transportation?
Among the largest hedge funds holding Knight Transportation’s share is Viking Global Investors LP. It holds Knight Transportation’s shares valued at 94M.
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Knight Transportation Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$56.00 (12.00% Upside)
$56.00 (12.00% Upside)
Blogger Sentiment
Bullish
KNX Sentiment 75%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 2.2M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days <0.1%
Last 30 Days ▲ 2.8%
Last 30 Days ▲ 2.8%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.28%
12-Months-Change
Fundamentals
Return on Equity
1.57%
Trailing 12-Months
Asset Growth
15.41%
Trailing 12-Months
Company Description
Knight Transportation
Knight-Swift Transportation Holdings, Inc. engages in the provision of multiple truckload transportation and logistics services. It operates through the following business segments: Trucking, Logistics, and Intermodal. The Trucking segment comprises irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations. The Logistics segment include brokerage and other freight management services. The Intermodal segment consists revenue generated by moving freight over the rail in the containers and other trailing equipment, combined with the revenue for drayage to transport loads between the railheads and customer locations. The company was founded on September 8, 2017 and is headquartered in Phoenix, AZ.
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KNX Company Deck
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KNX Earnings Call
Q1 2024
0:00 / 0:00
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KNX Revenue Breakdown
65.79% Truckload
15.16% LTL
8.15% Logistics
6.47% Non-reportable segments
5.75% Intermodal
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KNX Stock 12 Month Forecast
Average Price Target
$56.00
▲(12.00% Upside)
Technical Analysis
Best Analysts Covering KNX
1 Year
1 Year Success Rate
10/15 ratings generated profit
1 Year Average Return
+10.07%
reiterated a buy rating 3 months ago
Copying Amit Mehrotra's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +10.07% per trade.
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