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KNX $51.95

KNX target price
51.95
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Knight-Swift Transportation
Type
Public
Traded as
  • NYSE: KNX
  • S&P 400 component
Industry motor transportation-trucking
Founded 1990
Headquarters Phoenix, Arizona, US
Key people
Kevin Knight
(Executive Chairman)
David Jackson
(President and CEO)
Products truckload shipping
Number of employees
4,400
Subsidiaries Swift Transportation
Website www.knighttrans.com

Knight-Swift Transportation is a publicly traded Phoenix, Arizona, based American truckload motor shipping carrier, founded in 1990 by four cousins: brothers, Randy and Gary Knight and brothers Kevin and Keith Knight. The four cousins worked for Swift Transportation, also based in Phoenix, and Randy was even a part-owner in Swift when Jerry Moyes bought out his interest. The Moyes family and the Knight family both were raised in Plain City, Utah, before moving to Phoenix in the late 1960s. In 2017, Knight Transportation merged with Swift Transportation.

Knight began transporting general commodities from Phoenix, Arizona, to Los Angeles, California. Starting with just a handful of trucks and one service center in Phoenix, Arizona, the company now runs a fleet of over 4,000 tractors and more than 8,700 trailers (dry, refrigerated, and brokerage). Revenues have grown from over 13 million in 1991 to over $866 million in 2011, with operating ratios at or near 80% year after year. They have grown from a few associates to more than 4,000, and from a family-owned business to a publicly held company trading on the New York Stock Exchange (KNX) in 1994. Knight engages in the transportation of general commodities in the United States. It provides asset-based dry van truckload and temperature controlled truckload carrier services primarily to short to medium lengths of haul. The company also offers non-asset-based brokerage services. As of September 24, 2007, the company operates 27 regional dry van service centers, 6 regional temperature controlled service centers, 12 brokerage service centers, and 13 truck and trailer sales locations.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-10-18 Future report Set alerts
Q2 2022 2022-07-20 1.41 1.41
Q1 2022 2022-04-20 1.35 1.35
Q4 2021 2022-01-26 1.61 1.61
Q3 2021 2021-10-20 1.30 1.30
Q2 2021 2021-07-21 0.98 0.98
Q1 2021 2021-04-21 0.83 0.83
Q4 2020 2021-01-27 0.94 0.94
Q3 2020 2020-10-21 0.00 0.00
Q2 2020 2020-07-22 0.57 0.47

Ratings

2016-07-11 Reiterated Rating Citigroup Inc. Hold $25.00 to $27.00
2016-07-07 Downgrade Credit Suisse Group AG Outperform to Neutral $28.00 to $26.00
2016-07-01 Reiterated Rating BB&T Corp. Hold
2016-06-23 Downgrade Avondale Partners Market Perform to Underperform $27.00 to $21.00
2016-06-21 Reiterated Rating Bank of America Buy to Neutral $28.00 to $29.00
2016-06-21 Reiterated Rating Bank of America Corp. Buy to Neutral $28.00 to $29.00
2016-04-21 Boost Price Target Macquarie Outperform $28.00 to $29.00
2016-04-21 Boost Price Target RBC Capital Sector Perform $24.00 to $26.00
2016-04-21 Downgrade Raymond James Strong-Buy to Outperform $30.00 to $29.00
2016-04-21 Boost Price Target Cowen and Company Market Perform $26.00 to $27.00
2016-04-21 Downgrade Stifel Nicolaus Buy to Hold $27.00
2016-04-21 Boost Price Target Credit Suisse Outperform $8.00 to $29.00
2016-04-21 Boost Price Target Royal Bank Of Canada Sector Perform $24.00 to $26.00
2016-04-21 Downgrade Raymond James Financial Inc. Strong-Buy to Outperform $30.00 to $29.00
2016-04-21 Boost Price Target Credit Suisse Group AG Outperform $8.00 to $29.00
2016-04-07 Downgrade Barclays Overweight to Equal Weight $24.00
2016-04-07 Downgrade Barclays PLC Overweight to Equal Weight $24.00
2016-03-28 Boost Price Target Credit Suisse Underperform $23.00 to $24.00
2016-03-21 Downgrade Cowen and Company Outperform to Market Perform $26.00
2016-03-14 Downgrade Avondale Partners Outperform to Market Perform $27.00
2016-02-29 Initiated Coverage JPMorgan Chase & Co. Underweight $21.00
2016-02-23 Upgrade Morgan Stanley Underweight to Overweight $32.00
2016-02-22 Upgrade Bank of America Neutral to Buy $24.00 to $28.00
2016-02-22 Upgrade Knight Equity Buy $24.00 to $28.00
2016-02-10 Downgrade Evercore ISI Buy to Hold $26.00
2016-01-28 Lower Price Target Macquarie Outperform $29.00 to $28.00
2016-01-28 Downgrade William Blair Outperform to Market Perform
2016-01-15 Lower Price Target Evercore ISI $32.00 to $27.00
2016-01-13 Downgrade William Blair Outperform to Hold $22.00
2016-01-11 Reiterated Rating Deutsche Bank Hold $27.00 to $26.00
2016-01-11 Reiterated Rating Deutsche Bank AG Hold $27.00 to $26.00
2015-12-19 Reiterated Rating Cowen and Company Buy
2015-12-19 Reiterated Rating Barclays Buy
2015-12-18 Lower Price Target Macquarie Outperform $32.00 to $29.00
2015-12-18 Lower Price Target Stephens Overweight $33.00 to $30.00
2015-12-18 Lower Price Target Deutsche Bank Hold $31.00 to $27.00
2015-12-18 Lower Price Target Barclays Overweight $26.00 to $24.00
2015-12-18 Downgrade Citigroup Inc. Buy to Neutral $25.00
2015-12-18 Lower Price Target Cowen and Company Outperform $30.00 to $28.00
2015-12-04 Downgrade Longbow Research Buy to Neutral
2015-12-02 Downgrade Bank of America Buy to Neutral $28.00 to $29.00
2015-10-22 Lower Price Target Cowen and Company Outperform $34.00 to $30.00
2015-10-22 Lower Price Target RBC Capital Sector Perform $28.00 to $26.00
2015-10-19 Lower Price Target Deutsche Bank $32.00 to $30.00
2015-10-09 Initiated Coverage Northcoast Research Buy $72.00
2015-10-08 Lower Price Target Credit Suisse $32.00 to $31.00
2015-10-07 Lower Price Target Citigroup Inc. Buy $33.00 to $29.00
2015-10-05 Reiterated Rating Barclays Buy
2015-09-11 Upgrade Bank of America Neutral to Buy $30.00 to $31.00
2015-09-11 Upgrade Knight Equity Neutral to Buy
2015-08-28 Upgrade Raymond James Outperform to Strong-Buy $36.00
2015-08-27 Upgrade Wolfe Research Underperform to Market Perform
2015-08-19 Initiated Coverage Evercore ISI Buy $32.00
2015-07-26 Reiterated Rating Deutsche Bank Hold
2015-07-23 Lower Price Target Macquarie Outperform $38.00 to $33.00
2015-07-23 Lower Price Target Robert W. Baird Neutral $32.00 to $30.00
2015-07-23 Lower Price Target RBC Capital Sector Perform $34.00 to $28.00
2015-07-16 Reiterated Rating Barclays Buy $37.00 to $34.00
2015-07-09 Upgrade Credit Suisse Neutral to Outperform $33.00 to $34.00
2015-06-16 Lower Price Target Robert W. Baird Neutral $35.00 to $34.00
2015-05-29 Downgrade KCG Holdings, Inc. Class A Neutral
2015-05-29 Reiterated Rating Bank of America Buy to Neutral $38.00 to $33.00
2015-05-29 Downgrade Knight Equity Buy to Neutral
2015-05-29 Downgrade KCG Holdings Inc. Neutral
2015-04-27 Downgrade Wolfe Research Peer Perform to Underperform
2015-04-24 Upgrade Avondale Partners Market Perform to Outperform
2015-04-23 Reiterated Rating Citigroup Inc. Buy $36.00 to $38.00
2015-04-23 Reiterated Rating Raymond James Strong-Buy to Outperform $36.00
2015-04-10 Upgrade Stifel Nicolaus Hold to Buy $36.00 to $35.00
2015-03-27 Initiated Coverage Macquarie Outperform $38.00
2015-01-29 Boost Price Target Credit Suisse Neutral $28.00 to $33.00
2015-01-28 Reiterated Rating William Blair Buy
2015-01-26 Downgrade KeyBanc Buy to Hold
2015-01-26 Downgrade KeyCorp Buy to Hold
2015-01-15 Boost Price Target Deutsche Bank Hold $29.00 to $34.00
2015-01-12 Upgrade Barclays Equal Weight to Overweight $31.00 to $36.00
2014-12-08 Boost Price Target Citigroup Inc. Buy $31.00 to $36.00
2014-11-24 Reiterated Rating Bank of America Buy $32.00 to $37.00
2014-10-23 Upgrade Credit Suisse Underperform to Neutral $26.00 to $28.00
2014-10-14 Reiterated Rating Deutsche Bank Hold $24.00
2014-10-07 Reiterated Rating Wunderlich Hold $25.00 to $27.00
2014-10-06 Reiterated Rating Barclays Equal Weight $26.00 to $31.00
2014-10-02 Reiterated Rating Citigroup Inc. Buy $28.00 to $31.00
2014-09-30 Initiated Coverage Wells Fargo & Co. Market Perform
2014-09-30 Initiated Coverage Wells Fargo Market Perform
2014-09-03 Upgrade Stephens Equal Weight to Overweight $25.00 to $31.00
2014-07-24 Reiterated Rating Deutsche Bank Hold $22.00 to $24.00
2014-07-08 Boost Price Target Robert W. Baird $25.00 to $26.00
2014-06-30 Boost Price Target Barclays Equal Weight $19.00 to $23.00
2014-04-22 Reiterated Rating Deutsche Bank Hold $21.00
2014-04-15 Reiterated Rating Citigroup Inc. Buy $27.00
2014-04-11 Boost Price Target Deutsche Bank Hold $19.00 to $20.00
2014-04-09 Boost Price Target Robert W. Baird $23.00 to $24.00
2014-03-31 Upgrade Longbow Research Neutral to Buy $26.00
2014-02-26 Boost Price Target KeyBanc $23.00 to $24.00
2014-02-19 Downgrade Wunderlich Buy to Hold $23.00 to $25.00
2014-01-17 Boost Price Target KeyBanc $20.00 to $22.00
2014-01-09 Upgrade Citigroup Inc. Neutral to Buy $17.00 to $22.00
2013-12-16 Reiterated Rating Deutsche Bank Hold $15.00 to $19.00
2013-12-02 Upgrade JPMorgan Chase & Co. Neutral to Overweight $17.00 to $22.00
2013-11-15 Downgrade Knight Equity Outperform to Market Perform
2013-11-15 Downgrade Wolfe Research Outperform
2013-10-24 Boost Price Target RBC Capital Sector Perform $16.00 to $17.00
2013-10-09 Lower Price Target Cowen and Company Outperform $19.00 to $18.00
2013-07-03 Downgrade BB&T Capital Mkts Buy to Hold
2012-05-22 Downgrade KeyBanc Capital Mkts Buy to Hold
2011-05-26 Downgrade Longbow Buy to Neutral
2010-03-08 Reiterated Longbow Buy $22 to $23
2010-01-28 Reiterated Maxim Group Buy $22 to $24
2009-12-04 Upgrade Avondale Mkt Perform to Mkt Outperform $18 to $21
2016-07-11 Reiterated Rating Citigroup Inc. Hold $25.00 to $27.00
2016-07-07 Downgrade Credit Suisse Group AG Outperform to Neutral $28.00 to $26.00
2016-07-01 Reiterated Rating BB&T Corp. Hold
2016-06-23 Downgrade Avondale Partners Market Perform to Underperform $27.00 to $21.00
2016-06-21 Reiterated Rating Bank of America Buy to Neutral $28.00 to $29.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
KNIGHT KEITH T Chief Operating Officer 6.45%  (5225013) KNX /
KNIGHT L RANDY Vice Chairman 6.12%  (4957719) KNX /
KNIGHT TRANSPORTATION INC 1.30%  (1051117) KNX / USAK /
MADDEN G D 0.07%  (56011) KNX /
BLISS DONALD A 0.03%  (25955) KNX /
Kutter Erick Pres. Knight Refrigerated, LLC 0.01%  (11100) KNX /
Liu Michael K Pres., Dry Van Division 0.01%  (7998) KNX / SWFT /