Buying Knight-Swift Transportation (KNX)? Here's What You Must Know.

Shares of Knight-Swift Transportation have moved 2.6% today, and are now trading at a price of $56.58. In contrast, the S&P 500 index saw a -0.0% change. Today's trading volume is 1,438,034 compared to the stock's average volume of 2,000,327.

Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States, Mexico, and Canada. Based in Phoenix, United States the company has 27,400 full time employees and a market cap of $9,091,376,128. Knight-Swift Transportation currently offers its equity investors a dividend that yields 0.8% per year.

The company is now trading -7.71% away from its average analyst target price of $61.3 per share. The 20 analysts following the stock have set target prices ranging from $46 to $88, and on average give Knight-Swift Transportation a rating of buy.

Over the last year, KNX shares have gone down by -3.8%, which represents a difference of 8.8% when compared to the S&P 500. The stock's 52 week high is $58.72 per share and its 52 week low is $42.5. Based on Knight-Swift Transportation's average gross margin growth of 16.4% over the last four years, its core business remains strong and the stock price may recover in the long term.

Date Reported Revenue ($ MM) Cost of Revenue ($ MM) Gross Margins (%) YoY Growth (%)
2021-12-31 5,998 4,585 23.55 13.6
2020-12-31 4,674 3,705 20.73 19.14
2019-12-31 4,844 4,001 17.4 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.