Knight-Swift Transportation Holdings
Market Cap
US$6.7b
Last Updated
2020/10/22 00:58 UTC
Data Sources
Company Financials +
Executive Summary
Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States and Mexico. More Details
Rewards
Risk Analysis
Snowflake Analysis
Undervalued with moderate growth potential.
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
Stable Share Price: KNX has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-6.2%
KNX
-2.2%
US Transportation
-1.4%
US Market
1 Year Return
5.1%
KNX
12.0%
US Transportation
17.8%
US Market
Return vs Industry: KNX underperformed the US Transportation industry which returned 14.1% over the past year.
Return vs Market: KNX underperformed the US Market which returned 18.5% over the past year.
Shareholder returns
| KNX | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.2% | -2.2% | -1.4% |
| 30 Day | -3.0% | 1.6% | 4.7% |
| 90 Day | -12.2% | 10.4% | 8.2% |
| 1 Year | 5.9%5.1% | 13.5%12.0% | 20.5%17.8% |
| 3 Year | -2.2%-4.3% | 65.4%57.4% | 42.2%32.7% |
| 5 Year | 62.8%56.8% | 147.9%126.3% | 83.4%62.7% |
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
2 weeks ago | Simply Wall St
Should Weakness in Knight-Swift Transportation Holdings Inc.'s (NYSE:KNX) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?3 weeks ago | Simply Wall St
Have Knight-Swift Transportation Holdings Inc. (NYSE:KNX) Insiders Been Selling Their Stock?1 month ago | Simply Wall St
Is Knight-Swift Transportation Holdings (NYSE:KNX) Using Too Much Debt?Valuation
Is Knight-Swift Transportation Holdings undervalued compared to its fair value and its price relative to the market?
23.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KNX ($39.62) is trading below our estimate of fair value ($51.56)
Significantly Below Fair Value: KNX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KNX is good value based on its PE Ratio (23.5x) compared to the US Transportation industry average (26.3x).
PE vs Market: KNX is poor value based on its PE Ratio (23.5x) compared to the US market (19x).
Price to Earnings Growth Ratio
PEG Ratio: KNX is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: KNX is good value based on its PB Ratio (1.2x) compared to the US Transportation industry average (2.6x).
Next Steps
Future Growth
How is Knight-Swift Transportation Holdings forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
24.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KNX's forecast earnings growth (24.3% per year) is above the savings rate (2.2%).
Earnings vs Market: KNX's earnings (24.3% per year) are forecast to grow faster than the US market (22.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KNX's revenue (6.7% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: KNX's revenue (6.7% 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 (8.1%).
Next Steps
Past Performance
How has Knight-Swift Transportation Holdings performed over the past 5 years?
27.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KNX has high quality earnings.
Growing Profit Margin: KNX's current net profit margins (6.3%) are lower than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: KNX's earnings have grown significantly by 27.7% per year over the past 5 years.
Accelerating Growth: KNX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KNX had negative earnings growth (-32.2%) over the past year, making it difficult to compare to the Transportation industry average (-17.5%).
Return on Equity
High ROE: KNX's Return on Equity (5%) is considered low.
Next Steps
Financial Health
How is Knight-Swift Transportation Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: KNX's short term assets ($829.5M) do not cover its short term liabilities ($971.5M).
Long Term Liabilities: KNX's short term assets ($829.5M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: KNX's debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: KNX's debt to equity ratio has increased from 12.2% to 13.3% over the past 5 years.
Debt Coverage: KNX's debt is well covered by operating cash flow (112.5%).
Interest Coverage: KNX's interest payments on its debt are well covered by EBIT (18.7x coverage).
Balance Sheet
Next Steps
Dividend
What is Knight-Swift Transportation Holdings's current dividend yield, its reliability and sustainability?
0.81%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KNX's dividend (0.81%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.64%).
High Dividend: KNX's dividend (0.81%) is low compared to the top 25% of dividend payers in the US market (4.68%).
Stability and Growth of Payments
Stable Dividend: KNX is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: KNX is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: KNX is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KNX's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.1yrs
Average management tenure
CEO
Dave Jackson (44 yo)
5.75yrs
Tenure
US$4,645,780
Compensation
Mr. David A. Jackson, also known as Dave, has been President and Chief Executive Officer at Swift Transportation Company since September 7, 2017. Mr. Jackson has been the Chief Executive Officer and Presid ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD4.65M) is below average for companies of similar size in the US market ($USD7.32M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 21.42yrs | US$5.21m | 1.14% $ 76.9m | |
| President | 5.75yrs | US$4.65m | 0.026% $ 1.7m | |
| Executive Vice Chairman | 16.75yrs | US$1.62m | 1.65% $ 111.3m | |
| CFO & Treasurer | 8.42yrs | US$2.82m | 0.020% $ 1.3m | |
| Chief Operating Officer of Swift | no data | US$1.08m | 0.046% $ 3.1m | |
| Senior VP & Chief Accounting Officer | 3.08yrs | no data | 0.0015% $ 103.8k | |
| General Counsel & Secretary | no data | no data | 0.017% $ 1.1m | |
| Executive Vice President of Operations of Knight | 3.75yrs | no data | 0% $ 0 | |
| Executive Vice President of Sales & Marketing of Knight | no data | US$482.14k | 0.0091% $ 616.4k | |
| Senior Vice President of Logistics & Intermodal | 2.08yrs | no data | 0% $ 0 | |
| Executive Vice President of Operations - Swift | 2.08yrs | no data | 0.0015% $ 101.2k | |
| Executive Vice President of Sales - Swift | 2.5yrs | no data | 0.00070% $ 47.2k |
3.1yrs
Average Tenure
47.5yo
Average Age
Experienced Management: KNX's management team is considered experienced (3.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 21.42yrs | US$5.21m | 1.14% $ 76.9m | |
| President | 5.75yrs | US$4.65m | 0.026% $ 1.7m | |
| Executive Vice Chairman | 16.75yrs | US$1.62m | 1.65% $ 111.3m | |
| Independent Director | 4.67yrs | US$181.75k | 0.0087% $ 584.7k | |
| Lead Independent Director | no data | US$177.50k | 0.012% $ 822.7k | |
| Independent Director | 17.08yrs | US$160.00k | 0.0055% $ 368.9k | |
| Independent Director | 4.67yrs | US$158.73k | 0.0097% $ 652.1k | |
| Independent Director | no data | US$158.50k | no data |
11.3yrs
Average Tenure
62yo
Average Age
Experienced Board: KNX's board of directors are seasoned and experienced ( 11.3 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 company bio, 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
- Market Cap: US$6.743b
- Shares outstanding: 170.20m
- Website: https://knight-swift.com
Number of Employees
Location
- Knight-Swift Transportation Holdings Inc.
- 20002 North 19th Avenue
- Phoenix
- Arizona
- 85027
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KSX | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Oct 1994 |
| KNX | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | Oct 1994 |
Biography
Knight-Swift Transportation Holdings Inc., together with its subsidiaries, provides truckload transportation services in the United States and Mexico. The company operates through three segments: Trucking, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/22 00:58 |
| End of Day Share Price | 2020/10/21 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.