On Tuesday, Knight-Swift Transportation Holdings Inc (NYSE: KNX) was -0.99% drop from the session before settling in for the closing price of $50.70. A 52-week range for KNX has been $45.55 – $61.51.
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A company in the Industrials sector has jumped its sales by 9.71% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 94.47%. With a float of $156.94 million, this company’s outstanding shares have now reached $161.90 million.
In an organization with 35300 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 12.06%, operating margin of 3.41%, and the pretax margin is 2.01%.
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 3.11%, while institutional ownership is 96.96%. 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
According to the Wall Street analysts, stocks earnings will be around 94.47% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 65.78% during the next five years compared to -16.59% 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 0.85. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.72, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 3.44 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 3.07 million. That was better than the volume of 2.32 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 28.90%. Additionally, its Average True Range was 1.54.
During the past 100 days, Knight-Swift Transportation Holdings Inc’s (KNX) raw stochastic average was set at 6.84%, which indicates a significant decrease from 11.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.96% in the past 14 days, which was lower than the 29.22% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.60, while its 200-day Moving Average is $52.55. However, in the short run, Knight-Swift Transportation Holdings Inc’s stock first resistance to watch stands at $50.89. Second resistance stands at $51.57. The third major resistance level sits at $52.30. If the price goes on to break the first support level at $49.47, it is likely to go to the next support level at $48.74. Assuming the price breaks the second support level, the third support level stands at $48.06.
Knight-Swift Transportation Holdings Inc (NYSE: KNX) Key Stats
There are 161,893K outstanding shares of the company, which has a market capitalization of 8.13 billion. As of now, sales total 7,410 M while income totals 117,630 K. Its latest quarter income was 1,864 M while its last quarter net income were 69,500 K.
