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After finishing at $52.38 in the prior trading day, Knight-Swift Transportation Holdings Inc (NYSE: KNX) closed at $52.45, up 0.13%. In other words, the price has increased by $0.13 from its previous closing price. On the day, 2.61 million shares were traded. KNX stock price reached its highest trading level at $53.02 during the session, while it also had its lowest trading level at $51.4.
Ratios:
Our goal is to gain a better understanding of KNX by taking a closer look at 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 8489766912 and an Enterprise Value of 11435302912. As of this moment, Knight-Swift’s Price-to-Earnings (P/E) ratio for their current fiscal year is 126.48, and their Forward P/E ratio for the next fiscal year is 21.61. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.11 while its Price-to-Book (P/B) ratio in mrq is 1.20. Its current Enterprise Value per Revenue stands at 1.501 whereas that against EBITDA is 12.026.
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 2.48%, while the 200-Day Moving Average is calculated to be -0.71%.
Shares Statistics:
The stock has traded on average 1.98M shares per day over the past 3-months and 1451450 shares per day over the last 10 days, according to various share statistics. A total of 161.38M shares are outstanding, with a floating share count of 156.81M. Insiders hold about 3.12% of the company’s shares, while institutions hold 97.92% stake in the company. Shares short for KNX as of 1723680000 were 5926660 with a Short Ratio of 3.00, compared to 1721001600 on 5727537. Therefore, it implies a Short% of Shares Outstanding of 5926660 and a Short% of Float of 3.7699999999999996.
Dividends & Splits
In the trailing 12 months, KNX’s forward annual dividend rate was 0.6, compared to 0.60 this year. Against a Trailing Annual Dividend Yield of 0.011454754The stock’s 5-year Average Dividend Yield is 0.83.
