Knight-Swift (KNX) Earning Somewhat Favorable Media Coverage, Report Shows

News articles about Knight-Swift (NYSE:KNX) have trended somewhat positive on Friday, Accern reports. The research group ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Knight-Swift earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 45.6731652085566 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news articles that may have effected Accern Sentiment’s rankings:

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KNX stock traded down $1.15 during trading on Friday, hitting $44.03. The company had a trading volume of 769,119 shares, compared to its average volume of 2,081,391. The company has a market capitalization of $8,184.22, a PE ratio of 32.74, a P/E/G ratio of 1.34 and a beta of 1.69. Knight-Swift has a 52-week low of $27.61 and a 52-week high of $51.94. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.51 and a quick ratio of 1.51.

Knight-Swift (NYSE:KNX) last posted its quarterly earnings results on Tuesday, January 30th. The transportation company reported $0.52 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.39 by $0.13. The company had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.36 billion. Knight-Swift had a net margin of 12.58% and a return on equity of 5.92%. The firm’s revenue was up 370.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.29 EPS. sell-side analysts forecast that Knight-Swift will post 2.29 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 27th. Investors of record on Thursday, March 1st were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a yield of 0.55%. The ex-dividend date was Wednesday, February 28th. Knight-Swift’s dividend payout ratio is presently 17.39%.

A number of brokerages recently weighed in on KNX. ValuEngine upgraded shares of Knight-Swift from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Credit Suisse Group upped their target price on shares of Knight-Swift from $46.00 to $48.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 31st. Cowen upped their target price on shares of Knight-Swift from $38.00 to $46.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 31st. Zacks Investment Research upgraded shares of Knight-Swift from a “hold” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Wednesday, January 31st. Finally, Morgan Stanley began coverage on shares of Knight-Swift in a research report on Wednesday, December 13th. They set an “overweight” rating and a $50.00 target price for the company. Seven equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $50.65.

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About Knight-Swift

Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides truckload transportation and logistics services in the United States, Mexico, and Canada. The company operates through six segments: Knight Trucking, Knight Logistics, Swift Truckload, Swift Dedicated, Swift Refrigerated, and Swift Intermodal.

Insider Buying and Selling by Quarter for Knight-Swift (NYSE:KNX)

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