Balance Sheet Insights: Knight-Swift Transportation Holdings Inc (KNX)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, Knight-Swift Transportation Holdings Inc (NYSE: KNX) closed at $48.98 down -1.73% from its previous closing price of $49.84. In other words, the price has decreased by -$1.73 from its previous closing price. On the day, 1.87 million shares were traded.

Ratios:

For a deeper understanding of Knight-Swift Transportation Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.34.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on January 23, 2025, Reiterated its Buy rating but revised its target price to $65 from $62 previously.

On January 03, 2025, Susquehanna Upgraded its rating to Positive which previously was Neutral and also upped its target price recommendation from $48 to $67.

Citigroup Downgraded its Neutral to Sell on November 12, 2024, while the target price for the stock was maintained at $56.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 14 ’24 when Vander Ploeg David sold 500 shares for $57.10 per share. The transaction valued at 28,552 led to the insider holds 30,729 shares of the business.

KNIGHT KEVIN P sold 29,779 shares of KNX for $1,702,960 on Nov 13 ’24. The Executive Chairman now owns 0 shares after completing the transaction at $57.19 per share. On Nov 13 ’24, another insider, KNIGHT KEVIN P, who serves as the Director of the company, bought 29,779 shares for $57.19 each.

Valuation Measures:

As of this moment, Knight-Swift’s Price-to-Earnings (P/E) ratio for their current fiscal year is 67.60, and their Forward P/E ratio for the next fiscal year is 14.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.07 while its Price-to-Book (P/B) ratio in mrq is 1.12.

Stock Price History:

Over the past 52 weeks, KNX has reached a high of $61.51, while it has fallen to a 52-week low of $45.55. The 50-Day Moving Average of the stock is -9.82%, while the 200-Day Moving Average is calculated to be -6.81%.

Shares Statistics:

A total of 161.90M shares are outstanding, with a floating share count of 156.94M. Insiders hold about 3.11% of the company’s shares, while institutions hold 96.96% stake in the company.

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