The firm has "Sector Perform" rating given on Thursday, October 22 by RBC Capital Markets.
Baird upped the price target of Knight Transportation (NYSE:KNX) to $36.00 reporting a possible upside of 0.16%. Bank of America Corp upgraded Knight Transportation from a neutral rating to a buy rating and upped their price target for the company from $37.00 to $41.00 in a research report on Tuesday, April 11th. The rating was maintained by Stifel Nicolaus with "Hold" on Thursday, April 13. The company reported $0.29 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.31 by $0.02. The stock increased 2.90% or $0.9 during the last trading session, reaching $31.9.
Sib Llc holds 9.22% of its portfolio in Knight Transportation for 345,622 shares.
Looking at the current price of the stock and the 52 week high and low, it suggests that the stock is likely to go Down in the future. Current price places the company's stock 6.1% away from its 200-day simple moving average, 5.92%, away from the 50-day average and also 8.74% away from 20-day average.
Swift Transportation (NYSE:SWFT) last announced its quarterly earnings data on Thursday, January 26th.
Knight Transportation (NYSE:KNX)'s stock had its "underweight" rating reiterated by equities researchers at Barclays PLC in a research report issued on Friday.More news: GM announces China version of hybrid Volt
In the trailing 12 months period, return on assets ratio of the Company was 5.40% and return on equity ratio was 23.90% while its return on investment ratio was 11.30%. The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.04 billion. That value represents a market adjusting for revenues that have been falling by -4.70 % on a quarterly year/year basis as of the company's last quarterly report. The firm's quarterly revenue was down 4.7% compared to the same quarter past year. After having $0.29 EPS previously, Knight Transportation's analysts see -10.34% EPS growth.
ILLEGAL ACTIVITY WARNING: This report was published by Community Financial News and is owned by of Community Financial News. California State Teachers Retirement System now owns 158,276 shares of the transportation company's stock valued at $3,398,000 after buying an additional 1,600 shares in the last quarter. The legal version of this report can be viewed at https://www.com-unik.info/2017/04/16/swift-transportation-co-swft-upgraded-at-longbow-research-updated.html.
Swift Transportation Company is a multi-faceted transportation services company.
The volume of the particular stock is the shares bought and sold in a single trading day. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The Kentucky-based Harvey Communication Ltd Company has invested 2.78% in Knight Transportation (NYSE:KNX). Parkside Savings Bank Trust reported 0% in Knight Transportation (NYSE:KNX). Finally, Stephens Inc. AR raised its position in shares of Swift Transportation by 2.4% in the third quarter.
Swift Transportation Company (SWFT) now has a consensus Price Target of $26.17. Boothbay Fund Management LLC purchased a new position in Knight Transportation during the fourth quarter worth approximately $263,000. The P/E ratio was recorded at 20.65.The volatility in the previous week has experienced by 3.97% and observed of 3.42% in the previous month while insiders hold ownership of 0.30%. The stock carved out a 52-week low down at $14.31. BlackRock Fund Advisors increased its stake in shares of Swift Transportation by 6.0% in the third quarter. US Bancorp DE now owns 12,848 shares of the transportation company's stock worth $369,000 after buying an additional 439 shares during the period. Eagle Asset Management holds 0.05% in Knight Transportation (NYSE:KNX) or 215,111 shares. Public Sector Pension Invest Board owns 47,009 shares for 0.02% of their portfolio. The Company's subscribers provide a range of wellness services to active consumers.
Swift Transportation Company (SWFT) belongs to the "Services" sector with an industry focus on "Trucking", with Mr. Richard Stocking as Chief Exec. Officer and Pres.