Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Stock Analysis

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) is a prominent player in the trucking industry, known for its extensive network and efficient logistics solutions. As a leader in the Zacks Transportation - Truck industry, KNX has consistently demonstrated strong financial performance. The company is set to release its quarterly earnings on July 23, 2025, with Wall Street analysts estimating an earnings per share (EPS) of $0.34 and projected revenues of $1.87 billion.

The anticipated EPS of $0.34 for the quarter ending June 2025 represents a significant year-over-year increase of 41.7%, as highlighted by Zacks Investment Research. This growth is driven by higher revenues, which are expected to reach $1.87 billion, reflecting a modest 1.2% increase compared to the same quarter last year. Despite a recent 5.1% downward revision in the consensus EPS estimate, KNX's strong track record of surpassing earnings expectations suggests potential for another earnings beat.

In the past two quarters, KNX has delivered an average earnings surprise of 10.55%, consistently exceeding analyst expectations. In the most recent quarter, the company reported earnings of $0.28 per share, surpassing the Zacks Consensus Estimate of $0.25 by 12%. This consistent performance indicates that KNX is well-positioned for another potential earnings beat in its upcoming report, as noted by Zacks Investment Research.

Investors are keenly watching to see if KNX will exceed the consensus estimates, as this could lead to a positive movement in the stock price. Conversely, if the results fall short, the stock may experience a decline. The sustainability of any immediate price changes and future earnings expectations will largely depend on the management's discussion of business conditions during the earnings call.

KNX's financial metrics provide further insights into its market valuation. The company has a price-to-earnings (P/E) ratio of approximately 48.53 and a price-to-sales ratio of about 0.99. Its enterprise value to sales ratio is around 1.38, while the enterprise value to operating cash flow ratio is approximately 11.70. With a debt-to-equity ratio of about 0.45, KNX maintains a moderate level of debt relative to equity, and a current ratio of around 0.88 indicates its ability to cover short-term liabilities with short-term assets.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) is a prominent player in the transportation and logistics industry. The company provides a range of services, including truckload transportation, logistics, and intermodal services. As a key competitor in the sector, KNX faces competition from other major transportation companies like J.B. Hunt and Schneider National.

On April 25, 2025, Bruce Chan from Stifel Nicolaus set a price target of $42 for KNX. At that time, the stock was trading at $38.88, indicating an 8.02% potential upside. Currently, the stock is priced at $38.89, showing a slight decrease of 3.64% with a change of $1.47. This suggests that the stock is still below the target set by Stifel Nicolaus.

The recent Q1 2025 earnings conference call on April 23, 2025, featured key company figures like Brad Stewart, Adam Miller, and Andrew Hess. The call attracted analysts from major financial institutions, highlighting the interest in KNX's financial performance. The stock's fluctuation between $38.83 and $39.83 during the day reflects market reactions to the earnings call. KNX's market capitalization stands at approximately $6.3 billion, indicating its significant presence in the industry.

The stock has experienced a 52-week high of $61.51 and a low of $36.69, showcasing its volatility over the past year. The trading volume for the day is 1,761,988 shares, reflecting active investor interest in the stock.

Shares of Knight-Swift Transportation (NYSE:KNX) surged more than 11% intra-day today after the company reported its Q3 results. The company's earnings per share (EPS) came in at $0.41, beating the Street estimate of $0.36. Revenue also outperformed, rising 6.5% year-over-year to $2.02 billion, exceeding the Street estimate of $1.9 billion.

CEO David Jackson highlighted that freight demand remains stable in the truckload market and relatively strong in the less-than-truckload (LTL) market. However, there is notable pressure on truckload rates and costs due to the ongoing rationalization of truckload oversupply as the industry moves towards equilibrium.

For full-year 2023, Knight-Swift Transportation expects adjusted EPS to be in the range of $2.10 to $2.20, slightly adjusted from the previous range of $2.10 to $2.30, but still above the Street estimate of $2.07.

Knight Transportation (NYSE:KNX) announced its Q2 financial results on Thursday. The company reported EPS of $0.49 for the quarter, which was lower than the Street estimate of $0.59. Additionally, their revenue for the quarter was $1.6 billion, matching the consensus estimate.

Knight Transportation provided guidance for the fiscal year 2023, projecting EPS to be in the range of $2.10 to $2.30, significantly lower than the Street estimate of $2.76.

Following the release of these results, CFRA downgraded Knight Transportation from Hold to Sell, setting a price target of $48.00. Similarly, Evercore ISI downgraded the company from Outperform to In Line, adjusting the price target to $52.00 from the previous $60.00.

Knight Transportation (NYSE:KNX) announced its Q2 financial results on Thursday. The company reported EPS of $0.49 for the quarter, which was lower than the Street estimate of $0.59. Additionally, their revenue for the quarter was $1.6 billion, matching the consensus estimate.

Knight Transportation provided guidance for the fiscal year 2023, projecting EPS to be in the range of $2.10 to $2.30, significantly lower than the Street estimate of $2.76.

Following the release of these results, CFRA downgraded Knight Transportation from Hold to Sell, setting a price target of $48.00. Similarly, Evercore ISI downgraded the company from Outperform to In Line, adjusting the price target to $52.00 from the previous $60.00.