On Tuesday, Knight-Swift Transportation Holdings Inc (NYSE: KNX) was -2.92% drop from the session before settling in for the closing price of $58.47. A 52-week range for KNX has been $45.55 – $60.99.
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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. When this article was written, the company’s average yearly earnings per share was at -38.64%. With a float of $156.88 million, this company’s outstanding shares have now reached $161.87 million.
In an organization with 34800 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 10.37%, operating margin of 2.62%, and the pretax margin is 0.8%.
Knight-Swift Transportation Holdings Inc (KNX) Insider Updates
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 3.10%, while institutional ownership is 94.73%. The most recent insider transaction that took place on Nov 14 ’24, was worth 28,552. In this transaction Director of this company sold 500 shares at a rate of $57.10, taking the stock ownership to the 30,729 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Executive Chairman sold 29,779 for $57.19, making the entire transaction worth $1,702,960. This insider now owns 0 shares in total.
Knight-Swift Transportation Holdings Inc (KNX) Performance Highlights and Predictions
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 0.31 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 27.46% 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 1.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.23. Likewise, its price to free cash flow for the trailing twelve months is 4836.34.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.61 million. That was inferior than the volume of 2.06 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 59.25%. Additionally, its Average True Range was 1.61.
During the past 100 days, Knight-Swift Transportation Holdings Inc’s (KNX) raw stochastic average was set at 65.60%, which indicates a significant increase from 30.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.03% in the past 14 days, which was lower than the 32.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.32, while its 200-day Moving Average is $51.96. However, in the short run, Knight-Swift Transportation Holdings Inc’s stock first resistance to watch stands at $57.86. Second resistance stands at $58.97. The third major resistance level sits at $59.54. If the price goes on to break the first support level at $56.18, it is likely to go to the next support level at $55.61. Assuming the price breaks the second support level, the third support level stands at $54.50.
Knight-Swift Transportation Holdings Inc (NYSE: KNX) Key Stats
There are 161,893K outstanding shares of the company, which has a market capitalization of 9.19 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.
