Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Knight-Swift Transportation Holdings Inc’s stock clocked out at $51.82, down -2.98% from its previous closing price of $53.41. In other words, the price has decreased by -$2.98 from its previous closing price. On the day, 1.35 million shares were traded. KNX stock price reached its highest trading level at $53.15 during the session, while it also had its lowest trading level at $51.72.
Ratios:
To gain a deeper understanding of KNX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.88. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.29.
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, Citigroup on October 09, 2024, initiated with a Neutral rating and assigned the stock a target price of $55.
On July 25, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $47 to $57.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 13 ’24 when GARNREITER MICHAEL sold 2,000 shares for $50.57 per share. The transaction valued at 101,140 led to the insider holds 17,648 shares of the business.
SYNOWICKI ROBERT E JR sold 2,500 shares of KNX for $133,289 on Aug 16 ’24. The Director now owns 21,833 shares after completing the transaction at $53.32 per share. On Aug 16 ’24, another insider, SYNOWICKI ROBERT E JR, who serves as the Director of the company, bought 2,627 shares for $53.64 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KNX now has a Market Capitalization of 8387792384 and an Enterprise Value of 11333328896. As of this moment, Knight-Swift’s Price-to-Earnings (P/E) ratio for their current fiscal year is 124.96, and their Forward P/E ratio for the next fiscal year is 22.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 1.19. Its current Enterprise Value per Revenue stands at 1.487 whereas that against EBITDA is 11.919.
Stock Price History:
Over the past 52 weeks, KNX has reached a high of $60.99, while it has fallen to a 52-week low of $45.55. The 50-Day Moving Average of the stock is -0.73%, while the 200-Day Moving Average is calculated to be -0.81%.
Shares Statistics:
It appears that KNX traded 1.97M shares on average per day over the past three months and 1917800 shares per day over the past ten days. A total of 161.38M shares are outstanding, with a floating share count of 156.82M. Insiders hold about 3.11% of the company’s shares, while institutions hold 94.21% stake in the company. Shares short for KNX as of 1727654400 were 5627290 with a Short Ratio of 2.86, compared to 1724976000 on 5862038. Therefore, it implies a Short% of Shares Outstanding of 5627290 and a Short% of Float of 3.58.
Dividends & Splits
With its trailing 12-month dividend rate of 0.6, KNX has a forward annual dividend rate of 0.62. Against a Trailing Annual Dividend Yield of 0.011233852The stock’s 5-year Average Dividend Yield is 0.84.
