Zacks Research Equities Analysts Cut Earnings Estimates for Knight-Swift Transportation Holdings Inc. (NYSE:KNX)

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) – Stock analysts at Zacks Research reduced their FY2026 earnings estimates for Knight-Swift Transportation in a research report issued on Tuesday, April 23rd. Zacks Research analyst S. Goswami now forecasts that the transportation company will post earnings of $5.44 per share for the year, down from their prior estimate of $5.86. The consensus estimate for Knight-Swift Transportation’s current full-year earnings is $1.31 per share.

Knight-Swift Transportation (NYSE:KNX) last announced its quarterly earnings data on Wednesday, April 24th. The transportation company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.07). The company had revenue of $1.80 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Knight-Swift Transportation had a net margin of 3.04% and a return on equity of 3.93%. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.73 earnings per share.

Several other analysts also recently commented on KNX. Evercore ISI decreased their target price on shares of Knight-Swift Transportation from $60.00 to $55.00 and set an “in-line” rating for the company in a research report on Thursday. Robert W. Baird decreased their target price on shares of Knight-Swift Transportation from $64.00 to $60.00 and set an “outperform” rating for the company in a research report on Thursday. JPMorgan Chase & Co. decreased their target price on shares of Knight-Swift Transportation from $62.00 to $60.00 and set a “neutral” rating for the company in a research report on Tuesday, April 9th. Barclays decreased their target price on shares of Knight-Swift Transportation from $62.00 to $57.00 and set an “overweight” rating for the company in a research report on Thursday, April 18th. Finally, Susquehanna decreased their price objective on shares of Knight-Swift Transportation from $59.00 to $50.00 and set a “neutral” rating for the company in a report on Thursday, April 18th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $58.14.

Knight-Swift Transportation Stock Performance

KNX stock opened at $47.14 on Wednesday. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $7.61 billion, a price-to-earnings ratio of 35.44, a P/E/G ratio of 2.51 and a beta of 0.99. Knight-Swift Transportation has a 12 month low of $45.73 and a 12 month high of $60.99. The firm has a 50 day moving average of $53.72 and a two-hundred day moving average of $54.17.

Knight-Swift Transportation Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Friday, March 8th were paid a dividend of $0.16 per share. This is a boost from Knight-Swift Transportation’s previous quarterly dividend of $0.14. This represents a $0.64 annualized dividend and a yield of 1.36%. The ex-dividend date was Thursday, March 7th. Knight-Swift Transportation’s dividend payout ratio is presently 48.12%.

Insider Activity at Knight-Swift Transportation

In other news, CAO Cary M. Flanagan sold 2,000 shares of the stock in a transaction on Thursday, February 29th. The shares were sold at an average price of $56.24, for a total value of $112,480.00. Following the completion of the transaction, the chief accounting officer now owns 5,118 shares in the company, valued at approximately $287,836.32. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On Knight-Swift Transportation

A number of hedge funds have recently made changes to their positions in the business. CWM LLC grew its holdings in shares of Knight-Swift Transportation by 13.0% in the 3rd quarter. CWM LLC now owns 3,063 shares of the transportation company’s stock worth $154,000 after purchasing an additional 352 shares during the last quarter. AE Wealth Management LLC grew its holdings in shares of Knight-Swift Transportation by 3.4% in the 3rd quarter. AE Wealth Management LLC now owns 23,325 shares of the transportation company’s stock worth $1,170,000 after purchasing an additional 769 shares during the last quarter. DnB Asset Management AS grew its holdings in shares of Knight-Swift Transportation by 23.8% in the 3rd quarter. DnB Asset Management AS now owns 38,108 shares of the transportation company’s stock worth $1,911,000 after purchasing an additional 7,319 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of Knight-Swift Transportation by 200.8% in the 3rd quarter. SG Americas Securities LLC now owns 28,538 shares of the transportation company’s stock worth $1,431,000 after purchasing an additional 19,052 shares during the last quarter. Finally, GHP Investment Advisors Inc. grew its holdings in shares of Knight-Swift Transportation by 10.0% in the 3rd quarter. GHP Investment Advisors Inc. now owns 31,959 shares of the transportation company’s stock worth $1,529,000 after purchasing an additional 2,905 shares during the last quarter. Institutional investors and hedge funds own 88.77% of the company’s stock.

Knight-Swift Transportation Company Profile

Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.