The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing 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
The price of Knight-Swift Transportation Holdings Inc (NYSE: KNX) closed at $50.26 in the last session, up 0.98% from day before closing price of $49.77. In other words, the price has increased by $0.98 from its previous closing price. On the day, 0.93 million shares were traded. KNX stock price reached its highest trading level at $50.84 during the session, while it also had its lowest trading level at $49.53.
Ratios:
We take a closer look at KNX’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 8085398528 and an Enterprise Value of 11094544384. As of this moment, Knight-Swift’s Price-to-Earnings (P/E) ratio for their current fiscal year is 73.86, and their Forward P/E ratio for the next fiscal year is 18.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.75. 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 1.15. Its current Enterprise Value per Revenue stands at 1.514 whereas that against EBITDA is 11.726.
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 4.37%, while the 200-Day Moving Average is calculated to be -4.17%.
Shares Statistics:
According to the various share statistics, KNX traded on average about 2.22M shares per day over the past 3-months and 1934740 shares per day over the past 10 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 94.20% stake in the company. Shares short for KNX as of 1718323200 were 5429912 with a Short Ratio of 2.45, 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
The forward annual dividend rate for KNX is 0.60, which was 0.58 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.011653606The stock’s 5-year Average Dividend Yield is 0.81.
