Knight-Swift Transportation Hol which can be found using ticker (KNX) have now 18 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The target price High/Low ranges between 88 and 48 with the average target price sitting at $67.33. Given that the stocks previous close was at $53.03 and the analysts are correct then we can expect a percentage increase in value of 27.0%. It’s also worth noting that there is a 50 day moving average of $57.66 and the 200 day MA is $52.48. The company has a market cap of $8,594m. Find out more information at: https://knight-swift.com
The potential market cap would be $10,912m based on the market consensus.
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Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportations services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations. As of December 31, 2022, it operated an average of 18,110 tractors, which comprised 16,228 company tractors and 1,882 independent contractor tractors, as well as 74,779 trailers. The LTL segment provides regional transportation services through a network of approximately 110 service centers; and offers national coverage through partner carrier outside the network. As of December 31, 2022, it operated an average of 3,176 tractors and 8,431 trailers. The Logistic segment offers brokerage and other freight management services through third-party transportation providers and equipment. The Intermodal segment offers transportation services, including freight through third-party intermodal rail services on trailing equipment, such as containers and trailers on flat cars; and drayage services. As of December 31, 2022, it operated an average of 613 tractors and 11,786 intermodal containers. The company also provides repair and maintenance shop, equipment leasing, warranty, and insurance services; and warehousing and driving academy services, as well as manufactures trailer parts. It serves retail, food and beverage, consumer and paper products, transportation and logistics, housing and building, automotive, and manufacturing industries. The company was incorporated in 1989 and is headquartered in Phoenix, Arizona.
The company has a dividend yield of 1.05% with the ex dividend date set at 2-3-2023 (DMY).
Other points of data to note are a P/E ratio of 11.39, revenue per share of 45.78 and a 5.79% return on assets.