What is Zacks Research's Forecast for KNX Q1 Earnings?

Knight-Swift Transportation Holdings Inc. (NYSE:KNX - Free Report) - Analysts at Zacks Research dropped their Q1 2027 EPS estimates for shares of Knight-Swift Transportation in a report issued on Tuesday, April 8th. Zacks Research analyst S. Goswami now anticipates that the transportation company will post earnings of $1.12 per share for the quarter, down from their previous estimate of $1.13. The consensus estimate for Knight-Swift Transportation's current full-year earnings is $2.13 per share. Zacks Research also issued estimates for Knight-Swift Transportation's FY2027 earnings at $5.70 EPS.

Knight-Swift Transportation (NYSE:KNX - Get Free Report) last issued its quarterly earnings results on Wednesday, January 22nd. The transportation company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.33 by $0.03. Knight-Swift Transportation had a return on equity of 2.43% and a net margin of 1.59%.

Other research analysts have also issued reports about the stock. Bank of America lowered shares of Knight-Swift Transportation from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $66.00 to $46.00 in a research note on Tuesday, April 1st. Raymond James dropped their price objective on Knight-Swift Transportation from $66.00 to $55.00 and set a "strong-buy" rating on the stock in a research note on Friday. The Goldman Sachs Group reduced their target price on Knight-Swift Transportation from $55.00 to $45.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. StockNews.com raised Knight-Swift Transportation from a "sell" rating to a "hold" rating in a report on Thursday, January 23rd. Finally, Barclays reduced their price objective on shares of Knight-Swift Transportation from $68.00 to $62.00 and set an "overweight" rating for the company in a research report on Wednesday, April 2nd. Eight research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $56.00.

Knight-Swift Transportation Stock Down 2.1 %

Shares of NYSE:KNX traded down $0.84 during midday trading on Thursday, hitting $39.70. The stock had a trading volume of 747,214 shares, compared to its average volume of 2,301,456. The company has a quick ratio of 1.01, a current ratio of 0.85 and a debt-to-equity ratio of 0.30. The business's 50-day simple moving average is $47.14 and its 200-day simple moving average is $52.10. Knight-Swift Transportation has a 12 month low of $36.69 and a 12 month high of $61.51. The company has a market cap of $6.43 billion, a P/E ratio of 54.38 and a beta of 1.16.

Knight-Swift Transportation Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 7th were paid a $0.18 dividend. The ex-dividend date was Friday, March 7th. This is a positive change from Knight-Swift Transportation's previous quarterly dividend of $0.16. This represents a $0.72 annualized dividend and a yield of 1.81%. Knight-Swift Transportation's dividend payout ratio (DPR) is 98.63%.

Insider Activity at Knight-Swift Transportation

In other Knight-Swift Transportation news, Director Douglas L. Col bought 5,000 shares of the business's stock in a transaction that occurred on Thursday, March 13th. The shares were acquired at an average cost of $45.37 per share, for a total transaction of $226,850.00. Following the transaction, the director now directly owns 5,000 shares in the company, valued at approximately $226,850. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Stanley Laman Group Ltd. bought a new stake in shares of Knight-Swift Transportation in the 4th quarter valued at $3,021,000. Jane Street Group LLC lifted its position in shares of Knight-Swift Transportation by 30.9% during the 3rd quarter. Jane Street Group LLC now owns 69,907 shares of the transportation company's stock worth $3,771,000 after buying an additional 16,500 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Knight-Swift Transportation by 2.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,175,335 shares of the transportation company's stock valued at $62,340,000 after purchasing an additional 28,387 shares during the period. Principal Financial Group Inc. increased its stake in shares of Knight-Swift Transportation by 21.5% during the 3rd quarter. Principal Financial Group Inc. now owns 653,238 shares of the transportation company's stock worth $35,242,000 after purchasing an additional 115,447 shares during the last quarter. Finally, New England Research & Management Inc. lifted its holdings in Knight-Swift Transportation by 199.2% during the fourth quarter. New England Research & Management Inc. now owns 29,625 shares of the transportation company's stock valued at $1,571,000 after purchasing an additional 19,725 shares during the last quarter. 88.77% of the stock is owned by institutional investors and hedge funds.

Knight-Swift Transportation Company Profile

Knight-Swift Transportation Holdings Inc, together with its subsidiaries, provides freight transportation services in the United States and Mexico. The company operates through four segments: Truckload, Less-than-truckload (LTL), Logistics, and Intermodal. The Truckload segment provides transportation services, which include irregular route and dedicated, refrigerated, expedited, flatbed, and cross-border operations.