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KNX

Knight-Swift Transportation Holdings NYSE:KNX Stock Report

Last Price

US$56.06

Market Cap

US$9.0b

7D

-0.1%

1Y

14.9%

Updated

18 Aug, 2022

Data

Company Financials +
KNX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends4/6

KNX Stock Overview

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

Knight-Swift Transportation Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Knight-Swift Transportation Holdings
Historical stock prices
Current Share PriceUS$56.06
52 Week HighUS$62.29
52 Week LowUS$42.50
Beta1.24
1 Month Change10.88%
3 Month Change21.08%
1 Year Change14.95%
3 Year Change64.74%
5 Year Change52.54%
Change since IPO2,848.61%

Recent News & Updates

Aug 16
Should You Investigate Knight-Swift Transportation Holdings Inc. (NYSE:KNX) At US$56.44?

Should You Investigate Knight-Swift Transportation Holdings Inc. (NYSE:KNX) At US$56.44?

Knight-Swift Transportation Holdings Inc. ( NYSE:KNX ), might not be a large cap stock, but it saw a significant share...

Jul 22
Knight-Swift Transportation Holdings (NYSE:KNX) Has Some Way To Go To Become A Multi-Bagger

Knight-Swift Transportation Holdings (NYSE:KNX) Has Some Way To Go To Become A Multi-Bagger

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Shareholder Returns

KNXUS TransportationUS Market
7D-0.1%-1.5%1.4%
1Y14.9%-12.5%-8.4%

Return vs Industry: KNX exceeded the US Transportation industry which returned -13.7% over the past year.

Return vs Market: KNX exceeded the US Market which returned -9% over the past year.

Price Volatility

Is KNX's price volatile compared to industry and market?
KNX volatility
KNX Average Weekly Movement4.1%
Transportation Industry Average Movement7.5%
Market Average Movement7.6%
10% most volatile stocks in US Market17.1%
10% least volatile stocks in US Market3.1%

Stable Share Price: KNX is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: KNX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198927,650Dave Jacksonhttps://knight-swift.com

Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States, Mexico, and Canada. The company operates through four segments: Trucking, Logistics, Less-than-truckload (LTL), and Intermodal. Its trucking services include irregular route, dedicated, refrigerated, flatbed, expedited, dry van, drayage, and cross-border transportation of various products, goods, and materials.

Knight-Swift Transportation Holdings Fundamentals Summary

How do Knight-Swift Transportation Holdings's earnings and revenue compare to its market cap?
KNX fundamental statistics
Market CapUS$9.01b
Earnings (TTM)US$888.62m
Revenue (TTM)US$7.25b

10.1x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KNX income statement (TTM)
RevenueUS$7.25b
Cost of RevenueUS$4.84b
Gross ProfitUS$2.41b
Other ExpensesUS$1.52b
EarningsUS$888.62m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)5.53
Gross Margin33.19%
Net Profit Margin12.26%
Debt/Equity Ratio24.4%

How did KNX perform over the long term?

See historical performance and comparison

Dividends

0.9%

Current Dividend Yield

8%

Payout Ratio

Does KNX pay a reliable dividends?

See KNX dividend history and benchmarks
When do you need to buy KNX by to receive an upcoming dividend?
Knight-Swift Transportation Holdings dividend dates
Ex Dividend DateSep 01 2022
Dividend Pay DateSep 26 2022
Days until Ex dividend12 days
Days until Dividend pay date37 days

Does KNX pay a reliable dividends?

See KNX dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is KNX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KNX?

Other financial metrics that can be useful for relative valuation.

KNX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.5x
Enterprise Value/EBITDA6.2x
PEG Ratio-3.1x

Price to Earnings Ratio vs Peers

How does KNX's PE Ratio compare to its peers?

KNX PE Ratio vs Peers
The above table shows the PE ratio for KNX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average10.1x
CAR Avis Budget Group
3.7x-50.0%US$8.7b
UHAL AMERCO
10.2xn/aUS$11.4b
SAIA Saia
18x4.3%US$6.2b
XPO XPO Logistics
8.7x-16.7%US$6.7b
KNX Knight-Swift Transportation Holdings
10.1x-3.3%US$9.0b

Price-To-Earnings vs Peers: KNX is good value based on its Price-To-Earnings Ratio (10.1x) compared to the peer average (10.1x).


Price to Earnings Ratio vs Industry

How does KNX's PE Ratio compare vs other companies in the US Transportation Industry?

Price-To-Earnings vs Industry: KNX is expensive based on its Price-To-Earnings Ratio (10.1x) compared to the US Transportation industry average (10.1x)


Price to Earnings Ratio vs Fair Ratio

What is KNX's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KNX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.1x
Fair PE Ratio11.6x

Price-To-Earnings vs Fair Ratio: KNX is good value based on its Price-To-Earnings Ratio (10.1x) compared to the estimated Fair Price-To-Earnings Ratio (11.6x).


Share Price vs Fair Value

What is the Fair Price of KNX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KNX ($56.06) is trading below our estimate of fair value ($65.64)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


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Future Growth

How is Knight-Swift Transportation Holdings forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-3.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KNX's earnings are forecast to decline over the next 3 years (-3.3% per year).

Earnings vs Market: KNX's earnings are forecast to decline over the next 3 years (-3.3% per year).

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

Revenue vs Market: KNX's revenue (0.3% per year) is forecast to grow slower than the US market (7.8% per year).

High Growth Revenue: KNX's revenue (0.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KNX's Return on Equity is forecast to be low in 3 years time (10.2%).


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Past Performance

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

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


16.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KNX has high quality earnings.

Growing Profit Margin: KNX's current net profit margins (12.3%) are higher than last year (10.9%).


Past Earnings Growth Analysis

Earnings Trend: KNX's earnings have grown by 16.9% per year over the past 5 years.

Accelerating Growth: KNX's earnings growth over the past year (62.5%) exceeds its 5-year average (16.9% per year).

Earnings vs Industry: KNX earnings growth over the past year (62.5%) underperformed the Transportation industry 62.5%.


Return on Equity

High ROE: KNX's Return on Equity (13.4%) is considered low.


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Financial Health

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

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: KNX's short term assets ($1.5B) exceed its short term liabilities ($1.1B).

Long Term Liabilities: KNX's short term assets ($1.5B) do not cover its long term liabilities ($3.0B).


Debt to Equity History and Analysis

Debt Level: KNX's net debt to equity ratio (21.4%) is considered satisfactory.

Reducing Debt: KNX's debt to equity ratio has increased from 1.2% to 24.4% over the past 5 years.

Debt Coverage: KNX's debt is well covered by operating cash flow (89.6%).

Interest Coverage: KNX's interest payments on its debt are well covered by EBIT (38.2x coverage).


Balance Sheet


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Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


0.86%

Current Dividend Yield

Upcoming Dividend Payment

TodayAug 19 2022Ex Dividend DateSep 01 2022Dividend Pay DateSep 26 202225 days from Ex DividendBuy in the next 12 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: KNX's dividend (0.86%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.48%).

High Dividend: KNX's dividend (0.86%) is low compared to the top 25% of dividend payers in the US market (3.99%).


Stability and Growth of Payments

Stable Dividend: KNX's dividends per share have been stable in the past 10 years.

Growing Dividend: KNX's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (8.2%), KNX's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (8.9%), KNX's dividend payments are thoroughly covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.9yrs

Average management tenure


CEO

Dave Jackson (46 yo)

11.5yrs

Tenure

US$6,281,272

Compensation

Mr. David A. Jackson, also known as Dave, serves as Member of Advisory Board at Embark Technology, Inc. (formerly known as Embark Trucks, Inc.) since September 2021. He was President and Chief Executive Of...


CEO Compensation Analysis

Compensation vs Market: Dave's total compensation ($USD6.28M) is about average for companies of similar size in the US market ($USD8.19M).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: KNX's management team is considered experienced (4.9 years average tenure).


Board Members

Experienced Board: KNX's board of directors are considered experienced (7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Knight-Swift Transportation Holdings Inc.
  • Ticker: KNX
  • Exchange: NYSE
  • Founded: 1989
  • Industry: Trucking
  • Sector: Transportation
  • Implied Market Cap: US$9.007b
  • Shares outstanding: 160.67m
  • Website: https://knight-swift.com

Number of Employees


Location

  • Knight-Swift Transportation Holdings Inc.
  • 2002 West Wahalla Lane
  • Phoenix
  • Arizona
  • 85027
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/18 00:00
End of Day Share Price2022/08/18 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.