How Analysts Feel About Knight-Swift Transportation Holdings Inc. (KNX) After Today’s Big Increase?

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

The stock of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) is a huge mover today! The stock increased 1.87% or $0.59 during the last trading session, reaching $32.06. About 261,958 shares traded. Knight-Swift Transportation Holdings Inc. (NYSE:KNX) has declined 33.54% since February 7, 2018 and is downtrending. It has underperformed by 33.54% the S&P500.
The move comes after 9 months positive chart setup for the $5.56B company. It was reported on Feb, 7 by Barchart.com. We have $34.30 PT which if reached, will make NYSE:KNX worth $389.06 million more.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Ratings Coverage

Among 6 analysts covering Knight-Swift (NYSE:KNX), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. Knight-Swift had 6 analyst reports since October 2, 2018 according to SRatingsIntel. UBS downgraded the shares of KNX in report on Tuesday, December 4 to “Neutral” rating. KeyBanc Capital Markets maintained it with “Overweight” rating and $41 target in Thursday, October 25 report. The stock of Knight-Swift Transportation Holdings Inc. (NYSE:KNX) has “Buy” rating given on Thursday, November 8 by Goldman Sachs. The stock has “Outperform” rating by Robert W. Baird on Thursday, October 25. As per Friday, October 12, the company rating was maintained by Buckingham Research.

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More notable recent Knight-Swift Transportation Holdings Inc. (NYSE:KNX) news were published by: Seekingalpha.com which released: “Knight-Swift Transportation: Hold – Seeking Alpha” on September 03, 2018, also Finance.Yahoo.com with their article: “KNX is Setting Up a Bull Trap at $32 – Yahoo News” published on January 18, 2019, Benzinga.com published: “CSX Corporation (NYSE:CSX), Covenant Transportation Group, Inc. (NASDAQ:CVTI) – Trucking Stock Prices Have Plummeted; Upcoming Earnings Will Show Whether That Was Justified – Benzinga” on January 14, 2019. More interesting news about Knight-Swift Transportation Holdings Inc. (NYSE:KNX) were released by: Benzinga.com and their article: “United Parcel Service, Inc. (NYSE:UPS), Knight Transportation, Inc. (NYSE:KNX) – Morgan Stanley Wonders: Where Is The Peak Trucking Season Demand? – Benzinga” published on October 22, 2018 as well as Benzinga.com‘s news article titled: “J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT), Knight Transportation, Inc. (NYSE:KNX) – Truck Safety Groups Push Congress For Speed Limiter Mandate – Benzinga” with publication date: January 31, 2019.

Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation and logistics services in North America. The company has market cap of $5.56 billion. The company's suite of services includes irregular route, dedicated, expedited, port drayage, and cross-border services in the United State/Mexico/Canada through dry van, refrigerated, flatbed and specialized trailers, and intermodal containers. It has a 13.58 P/E ratio. It also provides rail intermodal and non-asset based freight brokerage, and logistics management services; and sells various used trucks and trailers, as well as offers a range of financing options.

Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Ratings Chart