On Friday, Knight-Swift Transportation Holdings Inc (NYSE: KNX) was 1.17% up from the session before settling in for the closing price of $51.94. A 52-week range for KNX has been $45.55 – $60.99.
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Annual sales at Industrials sector company grew by 7.09% over the past five years. When this article was written, the company’s average yearly earnings per share was at -38.64%. With a float of $156.82 million, this company’s outstanding shares have now reached $161.38 million.
Let’s look at the performance matrix of the company that is accounted for 34800 employees. In terms of profitability, gross margin is 14.49%, operating margin of 2.62%, and the pretax margin is 0.8%.
Knight-Swift Transportation Holdings Inc (KNX) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Knight-Swift Transportation Holdings Inc stocks. The insider ownership of Knight-Swift Transportation Holdings Inc is 3.11%, while institutional ownership is 94.43%. The most recent insider transaction that took place on Aug 13 ’24, was worth 101,140. In this transaction Director of this company sold 2,000 shares at a rate of $50.57, taking the stock ownership to the 17,648 shares. Before that another transaction happened on Aug 16 ’24, when Company’s Director sold 2,500 for $53.32, making the entire transaction worth $133,289. This insider now owns 21,833 shares in total.
Knight-Swift Transportation Holdings Inc (KNX) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.09 earnings per share (EPS) during the time that was less than consensus figure (set at 0.44) by -0.35. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -38.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 26.56% 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
You can see what Knight-Swift Transportation Holdings Inc (KNX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.88. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.14.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.23, a number that is poised to hit 0.34 in the next quarter and is forecasted to reach 2.11 in one year’s time.
Technical Analysis of Knight-Swift Transportation Holdings Inc (KNX)
Knight-Swift Transportation Holdings Inc (NYSE: KNX) saw its 5-day average volume 2.78 million, a positive change from its year-to-date volume of 2.07 million. As of the previous 9 days, the stock’s Stochastic %D was 54.28%. Additionally, its Average True Range was 1.64.
During the past 100 days, Knight-Swift Transportation Holdings Inc’s (KNX) raw stochastic average was set at 68.25%, which indicates a significant increase from 61.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.84% in the past 14 days, which was lower than the 29.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.24, while its 200-day Moving Average is $52.12. Nevertheless, the first resistance level for the watch stands at $53.14 in the near term. At $53.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $54.38. If the price goes on to break the first support level at $51.90, it is likely to go to the next support level at $51.24. The third support level lies at $50.66 if the price breaches the second support level.
Knight-Swift Transportation Holdings Inc (NYSE: KNX) Key Stats
There are 161,611K outstanding shares of the company, which has a market capitalization of 8.51 billion. As of now, sales total 7,142 M while income totals 217,150 K. Its latest quarter income was 1,877 M while its last quarter net income were 30,460 K.
