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As of close of business last night, Knight-Swift Transportation Holdings Inc’s stock clocked out at $52.54, up 0.79% from its previous closing price of $52.13. In other words, the price has increased by $0.79 from its previous closing price. On the day, 1.49 million shares were traded. KNX stock price reached its highest trading level at $52.98 during the session, while it also had its lowest trading level at $51.87.
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, TD Cowen on July 25, 2024, Reiterated its Buy rating but revised its target price to $57 from $47 previously.
On June 07, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $56.Wells Fargo initiated its Overweight rating on June 07, 2024, with a $56 target price.
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 06 ’24 when Liu Michael K sold 5,696 shares for $53.49 per share. The transaction valued at 304,680 led to the insider holds 0 shares of the business.
KNIGHT KEVIN P bought 25,000 shares of KNX for $1,293,470 on Aug 05 ’24. On Aug 05 ’24, another insider, KNIGHT KEVIN P, who serves as the Officer of the company, bought 20,000 shares for $51.27 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 8504334848 and an Enterprise Value of 11449870336. As of this moment, Knight-Swift’s Price-to-Earnings (P/E) ratio for their current fiscal year is 126.69, and their Forward P/E ratio for the next fiscal year is 21.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.12 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 1.502 whereas that against EBITDA is 12.042.
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 6.10%, while the 200-Day Moving Average is calculated to be -0.06%.
Shares Statistics:
It appears that KNX traded 2.13M shares on average per day over the past three months and 2587680 shares per day over the past ten days. A total of 161.38M shares are outstanding, with a floating share count of 156.78M. Insiders hold about 3.14% of the company’s shares, while institutions hold 100.15% stake in the company. Shares short for KNX as of 1721001600 were 5727537 with a Short Ratio of 2.68, compared to 1718323200 on 5429912. Therefore, it implies a Short% of Shares Outstanding of 5727537 and a Short% of Float of 3.65.
Dividends & Splits
With its trailing 12-month dividend rate of 0.6, KNX has a forward annual dividend rate of 0.60. Against a Trailing Annual Dividend Yield of 0.011509688The stock’s 5-year Average Dividend Yield is 0.82.
