DB:KSX

Stock Analysis Report

Knight-Swift Transportation Holdings

Executive Summary

Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States, Mexico, and Canada.

Snowflake

Fundamentals

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has Knight-Swift Transportation Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.2%

KSX

0.2%

DE Transportation

1.7%

DE Market


1 Year Return

26.4%

KSX

-1.2%

DE Transportation

7.2%

DE Market

Return vs Industry: KSX exceeded the German Transportation industry which returned -1.2% over the past year.

Return vs Market: KSX exceeded the German Market which returned 7.2% over the past year.


Shareholder returns

KSXIndustryMarket
7 Day1.2%0.2%1.7%
30 Day6.3%-2.2%2.4%
90 Day-2.3%-0.7%2.3%
1 Year27.3%26.4%3.6%-1.2%10.6%7.2%
3 Year31.8%29.1%30.7%15.9%18.4%8.1%
5 Year54.5%48.8%56.4%29.3%42.3%22.9%

Price Volatility Vs. Market

How volatile is Knight-Swift Transportation Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Knight-Swift Transportation Holdings undervalued compared to its fair value and its price relative to the market?

10.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KSX (€33) is trading below our estimate of fair value (€36.72)

Significantly Below Fair Value: KSX is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: KSX is poor value based on its PE Ratio (15.4x) compared to the Transportation industry average (10.5x).

PE vs Market: KSX is good value based on its PE Ratio (15.4x) compared to the German market (19x).


Price to Earnings Growth Ratio

PEG Ratio: KSX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: KSX is good value based on its PB Ratio (1.2x) compared to the XE Transportation industry average (1.5x).


Next Steps

Future Growth

How is Knight-Swift Transportation Holdings forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

-1.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KSX's earnings are forecast to decline over the next 3 years (-1.1% per year).

Earnings vs Market: KSX's earnings are forecast to decline over the next 3 years (-1.1% per year).

High Growth Earnings: KSX's earnings are forecast to decline over the next 3 years.

Revenue vs Market: KSX's revenue (0.8% per year) is forecast to grow slower than the German market (5% per year).

High Growth Revenue: KSX's revenue (0.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KSX's Return on Equity is forecast to be low in 3 years time (6.7%).


Next Steps

Past Performance

How has Knight-Swift Transportation Holdings performed over the past 5 years?

42.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: KSX's earnings have grown significantly by 42.8% per year over the past 5 years.

Accelerating Growth: KSX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: KSX had negative earnings growth (-30.7%) over the past year, making it difficult to compare to the Transportation industry average (10.2%).


Return on Equity

High ROE: KSX's Return on Equity (7.7%) is considered low.


Return on Assets

ROA vs Industry: KSX has a higher Return on Assets than the Transportation industry average last year.


Return on Capital Employed

ROCE Improving: KSX's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Knight-Swift Transportation Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: KSX's short term assets ($868.3M) exceeds its short term liabilities ($743.6M)

Long Term Liabilities: KSX's short term assets (868.3M) do not cover its long term liabilities (1.9B)


Debt to Equity History and Analysis

Debt Level: KSX's debt to equity ratio (14.1%) is considered satisfactory

Reducing Debt: KSX's debt to equity ratio has increased from 2.6% to 14.1% over the past 5 years.

Debt Coverage: KSX's debt is well covered by operating cash flow (111.5%).

Interest Coverage: KSX's interest payments on its debt are well covered by EBIT (20.7x coverage).


Balance Sheet

Inventory Level: KSX has a high level of physical assets or inventory.

Debt Coverage by Assets: KSX's debt is covered by short term assets (assets are 1.114090x debt).


Next Steps

Dividend

What is Knight-Swift Transportation Holdings's current dividend yield, its reliability and sustainability?

0.64%

Current Dividend Yield


Dividend Yield vs Market

company0.6%marketbottom25%1.5%markettop25%3.8%industryaverage4.9%forecastin3Years0.7%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: KSX's dividend (0.64%) isn’t notable compared to the bottom 25% of dividend payers in the German market (1.48%).

High Dividend: KSX's dividend (0.64%) is low compared to the top 25% of dividend payers in the German market (3.83%).

Stable Dividend: KSX is not paying a notable dividend for the German market, therefore no need to check if payments are stable.

Growing Dividend: KSX is not paying a notable dividend for the German market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: KSX is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KSX's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Knight-Swift Transportation Holdings's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average management tenure


CEO

Dave Jackson (43yo)

4.8yrs

Tenure

US$5,186,587

Compensation

Mr. David A. Jackson, also known as Dave, has been President and Chief Executive Officer at Swift Transportation Company since September 7, 2017. Mr. Jackson has been the Chief Executive Officer and Presid ...


CEO Compensation Analysis

Compensation vs. Market: Dave's total compensation ($USD5.19M) is about average for companies of similar size in the German market ($USD3.65M).

Compensation vs Earnings: Dave's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

2.8yrs

Average Tenure

46yo

Average Age

Experienced Management: KSX's management team is considered experienced (2.8 years average tenure).


Board Age and Tenure

10.3yrs

Average Tenure

61yo

Average Age

Experienced Board: KSX's board of directors are seasoned and experienced ( 10.3 years average tenure).


Insider Trading

Insider Buying: KSX insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$52,60616 Sep 19
James Fitzsimmons
EntityIndividual
Shares1,582
Max PriceUS$33.32
SellUS$140,21812 Aug 19
Kevin Quast
EntityIndividual
Role
Senior Key Executive
Chief Operating Officer of Swift
Shares4,703
Max PriceUS$29.81
SellUS$30,75315 Mar 19
Shannon Breen
EntityIndividual
Role
Senior Key Executive
Senior Vice President of Logistics & Intermodal
Shares1,000
Max PriceUS$30.75
SellUS$260,44812 Mar 19
James Updike
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Sales & Marketing of Knight
Shares8,750
Max PriceUS$29.77
SellUS$5,330,35608 Mar 19
Gary Knight
EntityIndividual
Role
Vice Chairman
Executive Vice Chairman
Shares180,368
Max PriceUS$29.58
SellUS$3,049,18108 Mar 19
Kevin Knight
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares104,040
Max PriceUS$29.31
SellUS$4,300,08906 Mar 19
Kevin Knight
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares145,960
Max PriceUS$30.16
SellUS$25,697,68831 Dec 18
Cactus Holding Company III, Llc
EntityCompany
Shares1,173,680
Max PriceUS$21.89
BuyUS$87,99017 Dec 18
Roberta Shank
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares3,661
Max PriceUS$24.03
BuyUS$25,37913 Dec 18
Robert Synowicki
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares1,000
Max PriceUS$25.38

Ownership Breakdown


Management Team

  • Kevin Knight (62yo)

    Executive Chairman

    • Tenure: 20.4yrs
    • Compensation: US$6.16m
  • Gary Knight (67yo)

    Executive Vice Chairman

    • Tenure: 15.8yrs
    • Compensation: US$1.92m
  • Dave Jackson (43yo)

    President

    • Tenure: 4.8yrs
    • Compensation: US$5.19m
  • Mike Liu (46yo)

    Executive Vice President of Operations of Knight

    • Tenure: 2.8yrs
  • Todd Carlson (59yo)

    General Counsel & Secretary

    • Tenure: 0yrs
  • Cary Flanagan (46yo)

    Chief Accounting Officer

    • Tenure: 2.1yrs
  • Kevin Quast (53yo)

    Chief Operating Officer of Swift

    • Tenure: 0yrs
    • Compensation: US$1.19m
  • James Updike (46yo)

    Executive Vice President of Sales & Marketing of Knight

    • Tenure: 0yrs
    • Compensation: US$482.14k
  • Adam Miller (38yo)

    CFO & Treasurer

    • Tenure: 7.4yrs
    • Compensation: US$3.01m
  • Shannon Breen (38yo)

    Senior Vice President of Logistics & Intermodal

    • Tenure: 1.1yrs

Board Members

  • Robert Synowicki (60yo)

    Independent Director

    • Tenure: 3.7yrs
    • Compensation: US$189.98k
  • Kevin Knight (62yo)

    Executive Chairman

    • Tenure: 20.4yrs
    • Compensation: US$6.16m
  • Gary Knight (67yo)

    Executive Vice Chairman

    • Tenure: 15.8yrs
    • Compensation: US$1.92m
  • Kathy Munro (70yo)

    Lead Independent Director

    • Tenure: 0yrs
    • Compensation: US$164.98k
  • Mike Garnreiter (67yo)

    Independent Director

    • Tenure: 16.1yrs
    • Compensation: US$144.98k
  • Dave Jackson (43yo)

    President

    • Tenure: 4.8yrs
    • Compensation: US$5.19m
  • Sissie Shank (52yo)

    Independent Director

    • Tenure: 3.7yrs
    • Compensation: US$140.00k
  • Dave Ploeg (60yo)

    Independent Director

    • Tenure: 0yrs
    • Compensation: US$139.99k

Company Information

Knight-Swift Transportation Holdings Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Knight-Swift Transportation Holdings Inc.
  • Ticker: KSX
  • Exchange: DB
  • Founded: 1989
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$6.282b
  • Listing Market Cap: US$5.638b
  • Shares outstanding: 170.51m
  • Website: https://knight-swift.com

Number of Employees


Location

  • Knight-Swift Transportation Holdings Inc.
  • 20002 North 19th Avenue
  • Phoenix
  • Arizona
  • 85027
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KSXDB (Deutsche Boerse AG)YesClass A Common StockDEEUROct 1994
KNXNYSE (New York Stock Exchange)YesClass A Common StockUSUSDOct 1994

Biography

Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States, Mexico, and Canada. The company operates through six segments: Kn ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 21:49
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.