Knight-Swift Transportation (NYSE:KNX – Get Free Report) updated its fourth quarter 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.780-0.840 for the period, compared to the consensus EPS estimate of 0.820.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the company. Stephens upgraded Knight-Swift Transportation to a “strong-buy” rating in a research note on Wednesday, July 8th. TD Cowen raised their target price on shares of Knight-Swift Transportation from $82.00 to $86.00 and gave the company a “buy” rating in a research note on Thursday, July 23rd. Barclays raised their target price on shares of Knight-Swift Transportation from $75.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Zacks Research downgraded shares of Knight-Swift Transportation from a “strong-buy” rating to a “hold” rating in a report on Friday, July 31st. Finally, Wall Street Zen lowered shares of Knight-Swift Transportation from a “buy” rating to a “hold” rating in a research report on Saturday, August 29th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $82.78.
Check Out Our Latest Research Report on Knight-Swift Transportation
Knight-Swift Transportation Stock Performance
Knight-Swift Transportation stock traded down $2.38 during midday trading on Friday, reaching $60.14. 925,081 shares of the company’s stock were exchanged, compared to its average volume of 3,656,515. The stock’s 50-day simple moving average is $66.99 and its 200 day simple moving average is $69.63. The firm has a market cap of $9.79 billion, a price-to-earnings ratio of 231.72, a P/E/G ratio of 0.54 and a beta of 1.21. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.88 and a current ratio of 0.88. Knight-Swift Transportation has a 52 week low of $41.24 and a 52 week high of $82.86.
Knight-Swift Transportation (NYSE:KNX – Get Free Report) last released its quarterly earnings data on Wednesday, October 21st. The transportation company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.07. Knight-Swift Transportation had a return on equity of 4.72% and a net margin of 1.92%. The firm had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.16 billion. During the same quarter in the prior year, the company earned $0.32 earnings per share. The business’s revenue for the quarter was up 14.2% compared to the same quarter last year. On average, analysts expect that Knight-Swift Transportation will post 2.42 earnings per share for the current fiscal year.
Knight-Swift Transportation Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, September 21st. Investors of record on Friday, September 4th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 1.3%. Knight-Swift Transportation’s payout ratio is presently 307.69%.
Insider Activity at Knight-Swift Transportation
In related news, CEO Reid Dove sold 126,864 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $73.13, for a total value of $9,277,564.32. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO Cary Flanagan sold 3,600 shares of the firm’s stock in a transaction on Friday, July 31st. The shares were sold at an average price of $70.82, for a total value of $254,952.00. Following the sale, the chief accounting officer directly owned 5,405 shares of the company’s stock, valued at $382,782.10. This represents a 39.98% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 224,954 shares of company stock worth $16,183,454. Company insiders own 2.90% of the company’s stock.
Knight-Swift Transportation News Summary
Here are the key news stories impacting Knight-Swift Transportation this week:
- Positive Sentiment: Third-quarter earnings beat expectations. Knight-Swift reported adjusted EPS of $0.83, above the roughly $0.75-$0.76 consensus, while revenue increased 14.2% year over year to $2.20 billion, exceeding estimates of $2.16 billion. EPS also more than doubled from $0.32 in the prior-year quarter. Knight-Swift tops Q3 earnings and revenue estimates
- Positive Sentiment: Margins and freight pricing are recovering. Management indicated that truckload operating income should improve meaningfully in the fourth quarter, supported by better pricing and tighter trucking capacity. The results represented the company’s third consecutive earnings beat. First look: Knight-Swift’s Q3 beats expectations
- Positive Sentiment: Several analysts remain constructive. Stifel raised its price target from $90 to $92 and retained a “buy” rating, while JPMorgan increased its target from $68 to $74. Wells Fargo maintained an “overweight” rating despite trimming its target from $81 to $79. Stifel analyst recommendation
- Neutral Sentiment: Fourth-quarter guidance is close to expectations. KNX forecast adjusted EPS of $0.78-$0.84, with a midpoint of $0.81 versus the $0.82 consensus estimate. The range implies sequential improvement but leaves limited room for an upside surprise. Knight-Swift Q4 earnings guidance
- Negative Sentiment: Investors may be disappointed by the lack of a larger guidance raise. Although the operational outlook is improving, the Q4 midpoint is slightly below consensus, and the stock’s valuation remains demanding at approximately 30.5 times earnings. This helps explain why the shares have stalled despite the strong quarterly beat.
Knight-Swift Transportation Company Profile
Knight-Swift Transportation Holdings Inc is a transportation and logistics company that provides freight services across North America. The company operates one of the largest truckload fleets in the United States and serves a broad range of industries through its network of company-owned equipment, independent contractors, terminals and distribution facilities.
Its services include dry-van, refrigerated and flatbed truckload transportation; dedicated and expedited delivery; less-than-truckload shipping; freight brokerage; intermodal transportation; cross-border logistics; and warehousing and other supply-chain services.
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