Wall Street Experts Weigh In on Knight-Swift Transportation Holdings
December 27, 2023
🌥️Trending News
KNIGHT-SWIFT ($NYSE:KNX): Wall Street experts have recently weighed in on Knight-Swift Transportation Holdings Inc., a leading provider of transportation and logistics services in North America. Led by a talented team of executives, the company has become an industry leader and an ideal stock for investors. Knight-Swift provides a wide variety of services, ranging from long-haul truckload and specialty transportation to comprehensive supply chain solutions. The company’s revenue is driven by a diverse portfolio of strategic customers across multiple industries, including automotive, consumer products, retail, industrial, and food. Analysts project that the company’s earnings will grow as they continue to make strategic investments in their operations.
Additionally, its leadership team has been praised for their ability to capitalize on the current market conditions and develop new business opportunities. As a result, the stock has seen positive momentum in recent months. Investors looking for a reliable stock should consider the potential of Knight-Swift Transportation Holdings Inc. Its large network, diverse customer base, and strong management team make it an attractive option for those looking for long-term returns.
Market Price
At the opening bell, the stock was trading at $58.8 and closed at $58.7, a 0.3% drop from its previous closing price of 58.9. Despite the slight decline, there is still a notable interest in KNIGHT-SWIFT TRANSPORTATION from Wall Street investors. The company has been steadily growing, making it an attractive investment opportunity for many. Analysts remain cautiously optimistic about the stock’s future, and are keeping an eye on its performance over the coming weeks and months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Knight-swift Transportation. More…
| Total Revenues | Net Income | Net Margin |
| 6.95k | 376.5 | 5.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Knight-swift Transportation. More…
| Operations | Investing | Financing |
| 1.21k | -1.38k | 280.57 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Knight-swift Transportation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.84k | 5.71k | 44.08 |
Key Ratios Snapshot
Some of the financial key ratios for Knight-swift Transportation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.8% | 3.4% | 8.3% |
| FCF Margin | ROE | ROA |
| 0.8% | 5.1% | 2.8% |
Analysis
GoodWhale has analyzed the fundamentals of KNIGHT-SWIFT TRANSPORTATION and classified it as a ‘rhino’ type of company, meaning it has achieved moderate revenue or earnings growth. This type of company may be interesting to dividend investors, as KNIGHT-SWIFT TRANSPORTATION is strong in dividend. However, the company is medium in terms of growth, profitability and asset. Fortunately, KNIGHT-SWIFT TRANSPORTATION has a high health score of 8/10 considering its cashflows and debt, which means the company is capable to sustain future operations in times of crisis. Therefore, even though the company is not particularly strong in growth, it may still be attractive to investors who are looking for a stable long-term investment. More…
Peers
Knight-Swift Transportation Holdings Inc is one of the largest trucking companies in the United States. It has a large fleet of trucks and trailers, and a network of terminals and warehouses across the country. The company’s main competitors are Werner Enterprises Inc, ArcBest Corp, and U.S. Xpress Enterprises Inc.
– Werner Enterprises Inc ($NASDAQ:WERN)
Werner Enterprises Inc is a transportation and logistics company that provides truckload, dedicated, intermodal and logistics services. It has a market cap of 2.46B as of 2022 and a Return on Equity of 20.57%. The company was founded in 1956 and is headquartered in Omaha, Nebraska.
– ArcBest Corp ($NASDAQ:ARCB)
ArcBest Corporation is an American holding company headquartered in Fort Smith, Arkansas. Its common stock trades on the Nasdaq Global Select Market under the symbol “ARCB.” The company operates through four divisions: Asset-Based, less-than-truckload (LTL), Truckload Logistics (TL) and International. ArcBest provides freight transportation services and solutions throughout the United States, Canada and Mexico. The company has a wide range of customers, including retailers, manufacturers, raw materials producers, energy companies and the military.
– U.S. Xpress Enterprises Inc ($NYSE:USX)
U.S. Xpress Enterprises Inc is a leading provider of transportation and logistics services. The company has a market cap of 123.02M as of 2022 and a Return on Equity of 2.37%. The company offers a wide range of services including truckload, intermodal, dedicated, and logistics. The company has a strong presence in the United States and Canada.
Summary
Knight-Swift Transportation Holdings Inc. is a leading transportation and logistics company in the world, providing truckload, dedicated and intermodal services to its customers. Analysts are generally positive on the company’s prospects, citing its strong market position, adequate scale of operations, and efficient capital structure as key drivers of growth. In particular, some experts point to its strong financials as a potential boost, with the company having reported a steady increase in net income and operating cash flow over the past several years.
Analysts also note that the company has ample liquidity to support future acquisitions and expansion initiatives, which may well provide upside potential in the years ahead. All in all, many analysts believe that Knight-Swift is well positioned to capitalize on future growth opportunities in the transportation and logistics industry.
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