Morgan Stanley started coverage on shares of Knight-Swift Transportation in a research note on Wednesday, December 13th. Knight Equity raised shares of Knight-Swift Transportation to a buy rating in a research note on Sunday, November 26th. Barclays raised shares of Knight-Swift Transportation from an underweight rating to an equal weight rating and lifted their price target for the stock from $47.00 to $50.00 in a research note on Thursday, February 1st. UBS Group lifted their price target on shares of Knight-Swift Transportation from $57.00 to $62.00 and gave the stock a buy rating in a research note on Wednesday, January 31st. Finally, Stephens lifted their price target on shares of Knight-Swift Transportation from $55.00 to $60.00 and gave the stock an overweight rating in a research note on Wednesday, January 31st. Knight-Swift Transportation has an average rating of Buy and an average target price of $49.60.
Knight-Swift Transportation has a 12-month low of $26.68 and a 12-month high of $51.94. Knight-Swift Transportation (NYSE:KNX) last released its quarterly earnings results on Tuesday, January 30th. The transportation company reported $0.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters consensus estimate of $0.39 by $0.13. Knight-Swift Transportation had a net margin of 12.58% and a return on equity of 5.92%. Knight-Swift Transportations payout ratio is currently 8.35%. bought a new stake in shares of Knight-Swift Transportation during the 4th quarter valued at about $231,000.
Grandeur Peak Global Advisors LLC boosted its stake in Knight-Swift Transportation by 119.3% during the 4th quarter. Grandeur Peak Global Advisors LLC now owns 591,570 shares of the transportation companys stock valued at $25,863,000 after purchasing an additional 321,850 shares during the period. Xact Kapitalforvaltning AB acquired a new position in Knight-Swift Transportation during the 4th quarter valued at about $1,284,000.