Press coverage about Knight-Swift (NYSE:KNX) has trended somewhat positive on Monday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Knight-Swift earned a news impact score of 0.08 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 45.3332958744996 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
Shares of NYSE KNX traded down $0.09 during trading hours on Monday, hitting $43.38. The company had a trading volume of 2,550,651 shares, compared to its average volume of 2,206,164. The company has a market cap of $7,745.88, a PE ratio of 31.43, a PEG ratio of 1.28 and a beta of 1.69. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.12. Knight-Swift has a 1-year low of $30.56 and a 1-year high of $51.94.
Knight-Swift (NYSE:KNX) last released its quarterly earnings data on Tuesday, January 30th. The transportation company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.39 by $0.13. The company had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.36 billion. Knight-Swift had a return on equity of 5.92% and a net margin of 12.58%. The firm’s revenue for the quarter was up 370.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.29 EPS. sell-side analysts predict that Knight-Swift will post 2.26 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 27th. Stockholders of record on Thursday, March 1st were issued a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend was Wednesday, February 28th. Knight-Swift’s payout ratio is presently 17.39%.
A number of research firms have weighed in on KNX. ValuEngine raised Knight-Swift from a “buy” rating to a “strong-buy” rating in a research report on Monday, April 2nd. Wells Fargo upped their price target on Knight-Swift from $36.00 to $48.00 and gave the stock a “market perform” rating in a research report on Thursday, February 8th. Goldman Sachs began coverage on Knight-Swift in a research report on Tuesday, April 10th. They set a “neutral” rating and a $47.00 price target for the company. Stifel Nicolaus reaffirmed a “hold” rating and set a $48.00 price target on shares of Knight-Swift in a research report on Friday, April 6th. Finally, Buckingham Research upped their price target on Knight-Swift from $57.00 to $60.00 and gave the stock a “buy” rating in a research report on Wednesday, January 31st. Eight equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $51.56.
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Knight-Swift Company Profile
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.
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