The Bull Case for Knight-Swift Transportation Holdings Inc. (KNX)

Lloyd Doyle
January 13, 2018

It has outperformed by 2.36% the S&P500. ValuEngine cut Knight-Swift Transportation from a "buy" rating to a "hold" rating in a report on Monday, October 2nd. Therefore 45% are positive. Knight Transportation had 63 analyst reports since July 24, 2015 according to SRatingsIntel. Citigroup maintained the stock with "Neutral" rating in Monday, July 11 report. As per Friday, September 22, the company rating was maintained by Cowen & Co. RBC Capital Markets maintained it with "Sector Perform" rating and $28 target in Thursday, July 23 report. (NYSE:KNX) on Monday, March 14 to "Market Perform" rating. The firm now has an "overweight" rating on the transportation company's stock. The formula for calculating the price-earnings ratio for any stock is simple: the market value per share divided by the earnings per share (EPS). The firm has "Hold" rating by Stifel Nicolaus given on Thursday, April 21. Two research analysts have rated the stock with a sell rating, five have given a hold rating and fourteen have given a buy rating to the company's stock.

BLACKROCK INC. raised its stake in Knight-Swift Transportation Holdings Inc.

Investors sentiment decreased to 0.03 in 2017 Q3. Its down 1.67, from 1.7 in 2017Q2. After a recent check, Knight-Swift Transportation Holdings Inc., (NYSE: KNX)'s last month price volatility comes out to be 1.65% which for the week stands at 1.66%. 2 funds opened positions while 3 raised stakes. Gemmer Asset Limited Liability reported 0% of its portfolio in Knight-Swift Transportation Holdings Inc. A lower value may show larger traded value meaning more sell-side analysts may track the company leading to a lesser chance that shares are priced improperly.

Shares of Knight-Swift Transportation (NYSE KNX) traded up $0.89 during mid-day trading on Tuesday, reaching $45.29. (NYSE:KNX) has an ERP5 rank of 8615. Ameritas Prtnrs holds 0.05% or 26,522 shares in its portfolio.

Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation and logistics services in North America. The stock has a market capitalization of $8,030.00, a P/E ratio of 64.35 and a beta of 0.91. The Company provides its services across United States, Mexico and Canada using its dry van, refrigerated, flatbed and specialized trailers, and intermodal containers. Fundamental analysts often use financial ratios to help understand company information.

Since July 31, 2017, it had 0 buys, and 14 sales for $88.93 million activity.

Whereas its latest closing price kept its distance from the SMA20 at -4.33% and -6.97% from SMA 50 while it was knocked up -6.62% from the simple moving average price of 200 days. Insiders sold a total of 12,500 shares of company stock worth $492,410 in the last 90 days. Also, General Counsel Todd F. Carlson sold 9,000 shares of the company's stock in a transaction that occurred on Tuesday, November 21st. (NYSE:KNX) has an FCF quality score of.

The three major U.S. stock indexes ended lower on Wednesday after a choppy trading session as shareholders anxious that China would slow U.S. government bond purchases and that U.S. President Donald Trump would end a key trade agreement. About 1.22M shares traded. Knight-Swift Transportation's dividend payout ratio is presently 8.70%. (NYSE:KNX). The 12 month volatility is now 0.000000. It has outperformed by 9.89% the S&P500.

Ameritas Investment Partners Inc, which manages about $2.11B US Long portfolio, decreased its stake in Align Technology Inc (NASDAQ:ALGN) by 4,600 shares to 9,003 shares, valued at $1.66 million in 2017Q3, according to the filing. It also reduced Ctrip Com Intl Ltd (NASDAQ:CTRP) stake by 28,000 shares and now owns 1.45 million shares. Vanguard Malvern Fds (VTIP) was reduced too. The firm earned "Buy" rating on Wednesday, October 18 by FBR Capital. Therefore 80% are positive.

Several research analysts have issued reports on the stock. The firm has "Buy" rating given on Thursday, July 20 by Oppenheimer. Robert W. Baird downgraded the shares of TXN in report on Thursday, October 22 to "Neutral" rating. The company was maintained on Wednesday, December 13 by Morgan Stanley. (NASDAQ:HAS) rating on Thursday, September 17. The Company's products are also used in various markets, such as medical textiles, geo textiles, defense and military textiles, safe and protective clothing, filtration textiles, transportation textiles, textiles used in buildings, composites with textile structure, and functional and sportive textiles. It marks the first time since 2000 in which the Dow, S&P, and Nasdaq all touched a record high within the first six sessions of the year, in addition to the first time ever that they have notched all-time highs in eachof the first six sessions. A reading under 30 may indicate that the stock is oversold, and possibly undervalued. This research is typically not concerned with how the underlying financials of the company look, but how the stock has been trading.

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