Now trading at a price of $58.66, Knight-Swift Transportation has moved 0.5% so far today.
Knight-Swift Transportation shares moved 13.51% over the last 52 weeks, with a high of $64.19 and a low of $42.1. During this time, the stock outperformed the S&P 500 index by 16.44%. As of January 2022, the company's 50-day average price is $57.0. Knight-Swift Transportation Holdings Inc., provides truck cargo transportation services in the United States, Mexico and Canada. The mid-cap Industrials company is based in Phoenix, AZ. Knight-Swift Transportation has returned a 0.99% dividend yield over the last 12 months.
The Company Has an Irregular Stream of Positive Cash Flows:
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Revenue (MM) | $4,844 | $4,674 | $5,998 | $7,429 |
| Revenue Growth | n/a | -3.51% | 28.33% | 23.85% |
| Gross Margins | 42.21% | 42.4% | 44.63% | 35.79% |
| Gross Margins Growth | n/a | 0.45% | 5.26% | -19.81% |
| Operating Margins | 8.82% | 12.08% | 16.1% | 14.7% |
| Operating Margins Growth | n/a | 36.96% | 33.28% | -8.7% |
| Earnings Per Share | $1.81 | $2.46 | $4.48 | $4.8 |
| EPS Growth | n/a | 35.91% | 82.11% | 7.14% |
| Diluted Shares (MM) | 171 | 167 | 166 | 161 |
| Free Cash Flow (MM) | $10 | $398 | $655 | $635 |
| FCF Growth | n/a | 4039.49% | 64.46% | -3.05% |
| Capital Expenditures (MM) | $830 | $522 | $535 | $801 |
| Net Debt / EBITDA | 1.09 | 0.44 | 1.02 | 0.6 |
Knight-Swift Transportation Is Undervalued at Today's Prices:
Compared to the Industrials sector's average of 20.49, Knight-Swift Transportation has a trailing twelve month P/E ratio of 11.85 and, according to its EPS guidance of 4.64, an expected P/E ratio of 12.64.
However, Knight-Swift Transportation is likely undervalued in terms of its equity because its P/B ratio is 1.351 compared to its sector average of 3.78. The company's shares are currently trading 5.31% above their fair value as expressed by Benjamin Graham's formula:
√(22.5 * 5-year average EPS * book value per share) = √(22.5 * 3.19 * 43.22) = $55.7
18 analysts are following Knight-Swift Transportation and have set target prices ranging from $48.0 to $88.0 per share. On average, they have given the company a rating of buy. At the current price of $58.66, KNX is trading -12.86% away from its average analyst target price of $67.32 per share, implying an analyst consensus of some upside potential for the stock.
