Knight-Swift Transportation Holdings Inc (KNX) concluded trading on Wednesday at a closing price of $53.41, with 3.07 million shares of worth about $164.2 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.06% during that period and on October 16, 2024 the price saw a gain of about 3.67%. Currently the company’s common shares owned by public are about 161.38M shares, out of which, 156.82M shares are available for trading.
Stock saw a price change of 4.70% in past 5 days and over the past one month there was a price change of 1.77%. Year-to-date (YTD), KNX shares are showing a performance of -7.35% which increased to 7.49% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $45.55 but also hit the highest price of $60.99 during that period. The average intraday trading volume for Knight-Swift Transportation Holdings Inc shares is 1.96 million. The stock is currently trading 2.51% above its 20-day simple moving average (SMA20), while that difference is up 2.31% for SMA50 and it goes to 2.18% higher than SMA200.
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Knight-Swift Transportation Holdings Inc (NYSE: KNX) currently have 161.38M outstanding shares and institutions hold larger chunk of about 94.20% of that.
The stock has a current market capitalization of $8.64B and its 3Y-monthly beta is at 0.93. PE ratio of stock for trailing 12 months is 128.79, while it has posted earnings per share of $0.41 in the same period. Its PEG reads 4.29 and has Quick Ratio of 0.88 while making debt-to-equity ratio of 0.38. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for KNX, volatility over the week remained 2.75% while standing at 2.80% over the month.
Stock’s fiscal year EPS is expected to drop by -38.56% while it is estimated to increase by 117.35% in next year. EPS is likely to grow at an annualized rate of 30.02% for next 5-years, compared to annual growth of -10.64% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on October 09, 2024 offering a Neutral rating for the stock and assigned a target price of $55 to it. Coverage by TD Cowen stated Knight-Swift Transportation Holdings Inc (KNX) stock as a Buy in their note to investors on July 25, 2024, suggesting a price target of $57 for the stock. On July 11, 2024, Wolfe Research Downgrade their recommendations, while on June 07, 2024, Wells Fargo Initiated their ratings for the stock with a price target of $56. Stock get a Strong buy rating from Raymond James on May 15, 2024.
