On Friday, Knight-Swift Transportation Holdings Inc (NYSE: KNX) opened higher 0.54% from the last session, before settling in for the closing price of $47.88. Price fluctuations for KNX have ranged from $45.73 to $60.99 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 7.09% annually for the last half of the decade. Company’s average yearly earnings per share was noted -4.27% at the time writing. With a float of $156.27 million, this company’s outstanding shares have now reached $161.38 million.
In an organization with 34800 employees, it is important to assess its efficiency.
Knight-Swift Transportation Holdings Inc (KNX) Insider Updates
A key investor’s attitude towards the stock of the Trucking industry is another important factor to consider. The insider ownership of Knight-Swift Transportation Holdings Inc is 3.23%, while institutional ownership is 90.39%. The most recent insider transaction that took place on Feb 29 ’24, was worth 112,490. In this transaction Exec VP and CAO of this company sold 2,000 shares at a rate of $56.24, taking the stock ownership to the 5,118 shares. Before that another transaction happened on Nov 17 ’23, when Company’s Exec Vice Pres Sales sold 1,200 for $52.00, making the entire transaction worth $62,400. This insider now owns 5,278 shares in total.
Knight-Swift Transportation Holdings Inc (KNX) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 68.34 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.27% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 42.20% during the next five years compared to -10.64% drop over the previous five years of trading.
Knight-Swift Transportation Holdings Inc (NYSE: KNX) Trading Performance Indicators
Check out the current performance indicators for Knight-Swift Transportation Holdings Inc (KNX). In the past quarter, the stock posted a quick ratio of 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.09. Likewise, its price to free cash flow for the trailing twelve months is 86.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.34, a number that is poised to hit 0.30 in the next quarter and is forecasted to reach 3.17 in one year’s time.
Technical Analysis of Knight-Swift Transportation Holdings Inc (KNX)
Let’s dig in a bit further. During the last 5-days, its volume was 4.42 million. That was better than the volume of 2.12 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 29.15%. Additionally, its Average True Range was 1.42.
During the past 100 days, Knight-Swift Transportation Holdings Inc’s (KNX) raw stochastic average was set at 15.46%, which indicates a significant decrease from 26.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.10% in the past 14 days, which was higher than the 25.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.75, while its 200-day Moving Average is $54.51. However, in the short run, Knight-Swift Transportation Holdings Inc’s stock first resistance to watch stands at $48.52. Second resistance stands at $48.91. The third major resistance level sits at $49.25. If the price goes on to break the first support level at $47.79, it is likely to go to the next support level at $47.45. Assuming the price breaks the second support level, the third support level stands at $47.06.
Knight-Swift Transportation Holdings Inc (NYSE: KNX) Key Stats
There are currently 161,494K shares outstanding in the company with a market cap of 7.77 billion. Presently, the company’s annual sales total 7,142 M according to its annual income of 217,150 K. Last quarter, the company’s sales amounted to 1,932 M and its income totaled -10,660 K.
