Barclays Issues Positive Forecast for Knight-Swift Transportation (NYSE:KNX) Stock Price

Knight-Swift Transportation (NYSE:KNX) had its price objective upped by Barclays from $65.00 to $75.00 in a report released on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the transportation company’s stock. Barclays‘s price target would suggest a potential upside of 19.69% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on the company. Evercore upped their target price on Knight-Swift Transportation from $47.00 to $61.00 and gave the stock an “in-line” rating in a research report on Tuesday, January 13th. Wells Fargo & Company boosted their price objective on shares of Knight-Swift Transportation from $58.00 to $60.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. Morgan Stanley raised their target price on shares of Knight-Swift Transportation from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Monday, December 8th. Susquehanna boosted their target price on shares of Knight-Swift Transportation from $58.00 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, January 22nd. Finally, Citigroup restated a “neutral” rating and set a $64.00 price target on shares of Knight-Swift Transportation in a report on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Knight-Swift Transportation has a consensus rating of “Moderate Buy” and an average price target of $60.56.

Knight-Swift Transportation Stock Up 1.7%

Shares of Knight-Swift Transportation stock traded up $1.05 during midday trading on Wednesday, reaching $62.66. 194,824 shares of the company’s stock traded hands, compared to its average volume of 3,265,496. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.86 and a current ratio of 0.86. Knight-Swift Transportation has a 52 week low of $36.69 and a 52 week high of $64.04. The company’s 50 day simple moving average is $57.47 and its 200 day simple moving average is $49.32. The company has a market cap of $10.18 billion, a price-to-earnings ratio of 152.83, a price-to-earnings-growth ratio of 0.92 and a beta of 1.12.

Knight-Swift Transportation (NYSE:KNX) last posted its earnings results on Wednesday, January 21st. The transportation company reported $0.31 EPS for the quarter, missing the consensus estimate of $0.36 by ($0.05). Knight-Swift Transportation had a return on equity of 2.88% and a net margin of 0.88%.The business had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.90 billion. During the same period in the previous year, the company earned $0.36 earnings per share. The company’s quarterly revenue was down .4% compared to the same quarter last year. Knight-Swift Transportation has set its Q1 2026 guidance at 0.280-0.320 EPS. Equities analysts expect that Knight-Swift Transportation will post 2.13 earnings per share for the current fiscal year.

Insider Transactions at Knight-Swift Transportation

In related news, COO James L. Fitzsimmons sold 5,917 shares of the company’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $54.77, for a total value of $324,074.09. Following the completion of the transaction, the chief operating officer directly owned 8,716 shares in the company, valued at approximately $477,375.32. This represents a 40.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Joshua Smith sold 5,770 shares of the firm’s stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $60.91, for a total value of $351,450.70. Following the completion of the transaction, the chief financial officer directly owned 9,214 shares of the company’s stock, valued at approximately $561,224.74. This trade represents a 38.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 82,622 shares of company stock worth $4,608,221. 3.00% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Knight-Swift Transportation

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Clearstead Advisors LLC raised its holdings in shares of Knight-Swift Transportation by 134.6% in the 4th quarter. Clearstead Advisors LLC now owns 671 shares of the transportation company’s stock worth $35,000 after buying an additional 385 shares in the last quarter. Los Angeles Capital Management LLC acquired a new position in Knight-Swift Transportation during the fourth quarter worth $39,000. Fifth Third Bancorp lifted its holdings in shares of Knight-Swift Transportation by 44.4% during the fourth quarter. Fifth Third Bancorp now owns 868 shares of the transportation company’s stock valued at $45,000 after acquiring an additional 267 shares during the period. Caitong International Asset Management Co. Ltd boosted its stake in shares of Knight-Swift Transportation by 1,478.6% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 884 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 828 shares in the last quarter. Finally, SJS Investment Consulting Inc. boosted its stake in shares of Knight-Swift Transportation by 7,100.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 936 shares of the transportation company’s stock valued at $37,000 after purchasing an additional 923 shares in the last quarter. 88.77% of the stock is owned by institutional investors.

About Knight-Swift Transportation

Knight-Swift Transportation Holdings Inc (NYSE: KNX) is one of North America’s largest asset-based truckload carriers, offering a wide range of transportation and logistics services. The company was formed in 2017 through the merger of Knight Transportation and Swift Transportation, each with decades of experience in long-haul dry van and refrigerated freight. Since the merger, Knight-Swift has pursued a growth strategy that includes fleet expansions, targeted acquisitions, and investments in technology to enhance service reliability and network efficiency.

The company’s core business activities include full truckload operations for dry van, temperature-controlled and flatbed shipments.