Knight-Swift Transportation Holdings Inc. (KNX): Interesting things to know About KNX

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Knight-Swift Transportation Holdings Inc. (NYSE:KNX) changes shares on Tuesday trading session, with a change of 2.29% or $0.95 shares. The trading starts at $42.00 and closed at $41.51 throughout the day. The trading session low price was $41.93 and day high was $43.02 on Tuesday, June 23. After the session, the Industrials sector daily volume shifted to 1.76 million while its average volume is 2.43M. In other hand, the KNX market cap reached to $7.25B. While, its current target price is $42.46 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 6.02% and up 6.42% for month. Its quarterly performance was 36.13% above, while its half year performance is up 18.60%. KNX yearly performance stood at positive 41.30% and rise 18.47% for year-to-date. Current recommendation for Knight-Swift Transportation Holdings Inc. is 1.90.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. KNX EPS (TTM) for 12-month is 1.67. EPS for this year is -23.60%, while for the next year its value is 2.17. Sales growth for the current quarter is 3.95 while its EPS Q/Q reached -24.60%. It has an EPS of 9.90% up for past five years and for the next five years will be up 6.44%.

Let’s take a look on the analyst recommendations on KNX for the current month and previous month. For the current month, 12 of 18 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 1 as underweight and 4 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $33.00-$50.00. Average target price for KNX was reached at $43.53.

FMR, LLC, Blackrock Inc. and Vanguard Group, Inc. (The) are the top three holders in Knight-Swift Transportation Holdings Inc. (KNX) stock. On Mar 30, 2020, FMR, LLC has 22.32 million shares which valued 732.18 million. On Mar 30, 2020, Blackrock Inc. owned 11.93 million shares which valued at 391.27 million. On Mar 30, 2020, Vanguard Group, Inc. (The) has a total of 11.28 million shares which valued at 369.97 million. In the end, Vanguard Group, Inc. (The) have 6.64% shares outstanding of Knight-Swift Transportation Holdings Inc. (KNX) on Mar 30, 2020. The insider ownership moved to 0.10% and institutional holding shifted to 92.80%.

The company posted an EPS (TTM) of 1.67. According to the most recent quarter report on (Jun 2020), 16 analysts estimated an average EPS of 0.33, while 0.58 EPS posted a year ago period. Analyst Estimated EPS for KNX published in the report was 0.25-0.37 during the same period. Comparing with last year, the average estimated EPS was 0.58 which is higher than 0.44 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for KNX rise 16.22% for period of 200 days. SMA for 50 days was 10.18% which is showing green signal, while SMA-20 was 4.65%. The moving average value for Knight-Swift Transportation Holdings Inc. (KNX) is 36.51 and 39.57 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in KNX stock. On Jun 18, KNIGHT KEVIN P, Executive Chairman, sold 100,000 trading shares at the cost of $42.24, which valued at 4.22 million. On Jun 10, KNIGHT GARY J, Vice Chairman, sold 50,000 shares at the cost of $40.39, with total shares of 2,858,976. On Jun 04, Liu Michael K, Exec. VP of Ops, Knight Trans, sold 1,840 shares at the cost of 40.69. After this transaction, Liu Michael K total shares reached to 0 which valued at 74860.0.