Are Things Looking Up For Knight-Swift Transportation Holdings Inc (NYSE: KNX)?

After Hours

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Stocks Info

The company is listed on the NYSE and operates within the Trucking industry segment. The current market capitalization of Knight-Swift Transportation Holdings Inc is $8.68B. A total of 2.56 million shares were traded on the day, compared to an average of 2.08M shares.

In the most recent transaction, Liu Michael K sold 5,696 shares of KNX for 53.49 per share on Aug 06 ’24. After the transaction, the EVP – Operations now owns 0 company shares. In a previous transaction on Aug 05 ’24, KNIGHT KEVIN P sold 45,000 shares at 51.53 per share. KNX shares that Executive Chairman owns now total 1,422,360.

Among the insiders who sold shares, KNIGHT KEVIN P disposed of 30,000 shares on Aug 02 ’24 at a per-share price of $50.33. This resulted in the Executive Chairman holding 1,467,360 shares of KNX after the transaction. In another insider transaction, KNIGHT KEVIN P bought 25,000 shares at $51.74 per share on Aug 05 ’24.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Knight-Swift Transportation Holdings Inc pays an annual dividend of $0.60, resulting in a dividend yield of 1.12%, and it has a price to earnings (P/E) ratio of 129.35. KNX’s most recent ex-dividend date was 9/6/2024 when it declared a $0.16 quarterly dividend that was paid in cash on 9/23/2024. Previously, the company paid the dividend on 6/24/2024 with an ex-dividend date of 6/10/2024. The KNX stock dividend was $0.16 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, KNX has a high of $60.99 and a low of $45.55.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. KNX’s latest balance sheet shows that the firm has $261.00M in Cash & Short Term Investments as of fiscal 2021. There were $2.24B in debt and $1.07B in liabilities at the time. Its Book Value Per Share was $43.59, while its Total Shareholder’s Equity was $6.54B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KNX is Buy with a score of 4.07.

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