Current price change has pushed the stock 6.35% YTD, which shows the potential for further growth is there. (KNX) stood at 4.54% of shares outstanding, with shares short falling to 8.4 million registered in Apr 13, 2023. The data shows that as of short interest in Knight-Swift Transportation Holdings Inc. Also important is the data on short interest which shows that short shares stood at 7.31 million on May 14, 2023, giving us a short ratio of 3.66. The 3.21% of Knight-Swift Transportation Holdings Inc.’s shares are in the hands of company insiders while institutional holders own 94.50% of the company’s shares. The company’s latest data on shares outstanding shows there are 160.91 million shares. (NYSE:KNX), historical trading data shows that trading volumes averaged 1.75 million over the past 10 days and 2.03 million over the past 3 months. If we refocus on Knight-Swift Transportation Holdings Inc. Elsewhere, the overall performance for the S&P 500 and Dow Jones Industrial shows that the indexes are up 0.11% and 0.13% respectively in the last trading. If we look at the PE ratio, we find that Knight-Swift Transportation Holdings Inc.’s ratio stands at 13.55 compared to P.A.M. (WERN) is also down -2.45% in trading on the day while keeping a an uptrend of 10.17% over the past year. (PTSI) has moved -3.83% on the day and only -5.95% in the past 12 months. Data shows KNX’s intraday price has changed -2.71% in last session and 16.83% over the past year. (KNX) and its peers suggest the former has performed considerably weaker. In the market, a comparison of Knight-Swift Transportation Holdings Inc. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in Hold category. Turning to the stock’s technical picture we see that short term indicators suggest on average that KNX is a 50% Sell. Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Wall Street analysts have also projected the company’s year-on-year revenue for 2023 to grow to $6.95 billion, representing a -6.50% decline on that reported in the last financial year. The average forecast suggests down to a -16.60% growth in sales growth compared to quarterly growth in the same period last fiscal year. Per the data, EPS growth is expected to be -33.40% for 2023 and 28.10% for the next financial year.Īnalysts have a consensus estimate of $1.64 billion for the company’s revenue for the quarter, with a low and high estimate of $1.57 billion and $1.73 billion respectively. Analysts project the company’s earnings per share (EPS) to be $0.78, which has seen fiscal year 2023 EPS growth forecast to increase to $3.35 and about $4.29 for fiscal year 2024. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report. The company has a Forward Dividend ratio of 0.56, with its dividend yield at 1.00%. Knight-Swift Transportation Holdings Inc.’s market cap currently stands at around $8.79 billion, with investors looking forward to this quarter’s earnings report slated for – Jul 24, 2023. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.Ĭlick here for full details and to join for free. The trick is figuring out which small caps will be tomorrow's winners. In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. Do You Know The Best Place To Find Gains In Volatile Markets?
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |