Knight-Swift Transportation Hol which can be found using ticker (KNX) now have 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 88 and 48 calculating the mean target price we have $67.56. Now with the previous closing price of $56.70 this now indicates there is a potential upside of 19.2%. It’s also worth noting that there is a 50 day moving average of $57.70 and the 200 day moving average is $52.63. The total market capitalization for the company now stands at $9,006m. Find out more information at: https://knight-swift.com
The potential market cap would be $10,731m based on the market consensus.
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 1.06% with the ex dividend date set at 2-3-2023 (DMY).
Other points of data to note are a P/E ratio of 11.08, revenue per share of 45.78 and a 5.79% return on assets.
