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In the latest session, Knight-Swift Transportation Holdings Inc (NYSE: KNX) closed at $49.44 down -1.12% from its previous closing price of $50.00. In other words, the price has decreased by -$1.12 from its previous closing price. On the day, 1.55 million shares were traded. KNX stock price reached its highest trading level at $49.91 during the session, while it also had its lowest trading level at $48.99.
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.
On June 07, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $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 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 8080572416 and an Enterprise Value of 10999193600. As of this moment, Knight-Swift’s Price-to-Earnings (P/E) ratio for their current fiscal year is 72.65, and their Forward P/E ratio for the next fiscal year is 19.20. 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 1.501 whereas that against EBITDA is 11.625.
Stock Price History:
The Beta on a monthly basis for KNX is 0.94, which has changed by -0.15975529 over the last 52 weeks, in comparison to a change of 0.21656322 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 1.38%, while the 200-Day Moving Average is calculated to be -5.60%.
Shares Statistics:
For the past three months, KNX has traded an average of 2.07M shares per day and 1871910 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 95.61% stake in the company. Shares short for KNX as of 1719532800 were 5389039 with a Short Ratio of 2.61, compared to 1717113600 on 4661511. Therefore, it implies a Short% of Shares Outstanding of 5389039 and a Short% of Float of 3.44.
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 0.0116The 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.
