Knight-Swift Transportation Holdings Inc. (KNX) recent quarterly performance of -2.31% is not showing the real picture

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) started the day on March 16, 2023, with a price increase of 2.94% at $54.97. During the day, the stock rose to $55.04 and sunk to $52.66 before settling in for the price of $53.40 at the close. Taking a more long-term approach, KNX posted a 52-week range of $42.50-$64.35.

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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 25.10%. Meanwhile, its Annual Earning per share during the time was 34.50%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.20%. This publicly-traded company’s shares outstanding now amounts to $160.69 million, simultaneously with a float of $144.55 million. The organization now has a market capitalization sitting at $8.99 billion. At the time of writing, stock’s 50-day Moving Average stood at $57.70, while the 200-day Moving Average is $52.51.

While finding the extent of efficiency of the company that is accounted for 28100 employees. For the Profitability, stocks gross margin was +18.52, operating margin was +13.46 and Pretax Margin of +13.74.

Knight-Swift Transportation Holdings Inc. (KNX) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Trucking Industry. Knight-Swift Transportation Holdings Inc.’s current insider ownership accounts for 10.07%, in contrast to 94.50% institutional ownership. According to the most recent insider trade that took place on Nov 01, this organization’s VP Intermodal sold 500 shares at the rate of 48.32, making the entire transaction reach 24,160 in total value, affecting insider ownership by 330. Preceding that transaction, on Jul 29, Company’s EVP Sales & Mkt, Knight Trans. sold 2,400 for 55.18, making the whole transaction’s value amount to 132,432. This particular insider is now the holder of 19,944 in total.

Knight-Swift Transportation Holdings Inc. (KNX) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 12/30/2022, the organization reported $1 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $1.12) by -$0.12. This company achieved a net margin of +10.38 while generating a return on equity of 11.45. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.98 per share during the current fiscal year.

Knight-Swift Transportation Holdings Inc.’s EPS increase for this current 12-month fiscal period is 6.20% and is forecasted to reach 4.64 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.50% through the next 5 years, which can be compared against the 34.50% growth it accomplished over the previous five years trading on the market.

Knight-Swift Transportation Holdings Inc. (NYSE: KNX) Trading Performance Indicators

Let’s observe the current performance indicators for Knight-Swift Transportation Holdings Inc. (KNX). It’s Quick Ratio in the last reported quarter now stands at 1.70. The Stock has managed to achieve an average true range (ATR) of 1.86. Alongside those numbers, its PE Ratio stands at $11.64, and its Beta score is 1.17. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.21. Similarly, its price to free cash flow for trailing twelve months is now 16.13.

In the same vein, KNX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.72, a figure that is expected to reach 0.88 in the next quarter, and analysts are predicting that it will be 4.64 at the market close of one year from today.

Technical Analysis of Knight-Swift Transportation Holdings Inc. (KNX)

If we take a close look at the recent performances of Knight-Swift Transportation Holdings Inc. (NYSE: KNX), its last 5-days Average volume was 2.36 million that shows progress from its year to date volume of 1.84 million. During the previous 9 days, stock’s Stochastic %D was recorded 25.60% While, its Average True Range was 1.97.

Raw Stochastic average of Knight-Swift Transportation Holdings Inc. (KNX) in the period of the previous 100 days is set at 49.85%, which indicates a major rise in contrast to 41.82% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 31.89% that was lower than 34.18% volatility it exhibited in the past 100-days period.


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