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In the latest session, Knight-Swift Transportation Holdings Inc (NYSE: KNX) closed at $49.33 down -0.20% from its previous closing price of $49.43. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 1.35 million shares were traded. KNX stock price reached its highest trading level at $49.65 during the session, while it also had its lowest trading level at $48.19.
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 0.93 and its Current Ratio is at 0.93. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.30.
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, Wells Fargo on June 07, 2024, initiated with a Overweight rating and assigned the stock a target price of $56.
Stifel Downgraded its Buy to Hold on April 26, 2024, whereas the target price for the stock was revised from $53 to $47.
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 Feb 29 ’24 when Flanagan Cary M sold 2,000 shares for $56.24 per share. The transaction valued at 112,490 led to the insider holds 5,118 shares of the business.
Harrington Timothy Sean sold 1,200 shares of KNX for $62,400 on Nov 17 ’23. The Exec Vice Pres Sales now owns 5,278 shares after completing the transaction at $52.00 per share. On Nov 15 ’23, another insider, Fitzsimmons James L, who serves as the EVP – Operations of the company, sold 2,664 shares for $53.73 each. As a result, the insider received 143,144 and left with 4,632 shares of the company.
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 7972271104 and an Enterprise Value of 10981416960. As of this moment, Knight-Swift’s Price-to-Earnings (P/E) ratio for their current fiscal year is 72.49, and their Forward P/E ratio for the next fiscal year is 18.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.09 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 1.499 whereas that against EBITDA is 11.606.
Stock Price History:
The Beta on a monthly basis for KNX is 0.94, which has changed by -0.12952179 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. 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 2.35%, while the 200-Day Moving Average is calculated to be -5.87%.
Shares Statistics:
For the past three months, KNX has traded an average of 2.25M shares per day and 1929990 over the past ten days. A total of 161.38M shares are outstanding, with a floating share count of 156.46M. Insiders hold about 3.19% of the company’s shares, while institutions hold 94.22% stake in the company. Shares short for KNX as of 1718323200 were 5429912 with a Short Ratio of 2.42, compared to 1715731200 on 5547670. Therefore, it implies a Short% of Shares Outstanding of 5429912 and a Short% of Float of 3.46.
Dividends & Splits
According to the company, the forward annual dividend rate for KNX is 0.60, from 0.58 in the trailing year. Against a Trailing Annual Dividend Yield of 0.011733765The stock’s 5-year Average Dividend Yield is 0.81. The current Payout Ratio is 41.73% for KNX, which recently paid a dividend on 2024-06-10 with an ex-dividend date of 1717977600. Stock splits for the company last occurred on 2005-12-27 when the company split stock in a 3:2 ratio.
