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KNX

Knight-Swift Transportation HoldingsNYSE:KNX Stock Report

Last Price

US$57.34

Market Cap

US$9.5b

7D

-0.8%

1Y

31.2%

Updated

18 Jan, 2022

Data

Company Financials +
KNX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
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

Old Dominion Freight Line

NasdaqGS:ODFL

US$36.1b

J.B. Hunt Transport Services

NasdaqGS:JBHT

US$21.1b

XPO Logistics

NYSE:XPO

US$8.2b

Saia

NasdaqGS:SAIA

US$7.3b

Price History & Performance

Summary of all time highs, changes and price drops for Knight-Swift Transportation Holdings
Historical stock prices
Current Share PriceUS$57.34
52 Week HighUS$62.29
52 Week LowUS$39.17
Beta1.29
1 Month Change-2.78%
3 Month Change5.56%
1 Year Change31.24%
3 Year Change85.15%
5 Year Change71.42%
Change since IPO2,915.94%

Recent News & Updates

Jan 12
Calculating The Intrinsic Value Of Knight-Swift Transportation Holdings Inc. (NYSE:KNX)

Calculating The Intrinsic Value Of Knight-Swift Transportation Holdings Inc. (NYSE:KNX)

In this article we are going to estimate the intrinsic value of Knight-Swift Transportation Holdings Inc. ( NYSE:KNX...

Jan 09

Knight-Swift Transportation - Further M&A, Further Growth

Knight-Swift Transportation has seen a very strong 2021. Cash flow generation has been used to pursue some deals, as leverage is still very much under control. Current multiples are non-demanding at all as current margins are not sustainable. Even if margins retreat quite a bit, I am still seeing long term appeal in Knight.

Dec 28
Is Knight-Swift Transportation Holdings (NYSE:KNX) A Risky Investment?

Is Knight-Swift Transportation Holdings (NYSE:KNX) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Shareholder Returns

KNXUS TransportationUS Market
7D-0.8%-4.6%-3.5%
1Y31.2%4.7%10.2%

Return vs Industry: KNX exceeded the US Transportation industry which returned 8.4% over the past year.

Return vs Market: KNX exceeded the US Market which returned 13.7% over the past year.

Price Volatility

Is KNX's price volatile compared to industry and market?
KNX volatility
KNX Average Weekly Movement3.9%
Transportation Industry Average Movement7.0%
Market Average Movement6.6%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.4%

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
198922,800Dave 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 three segments: Trucking, Logistics, 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$9.52b
Earnings (TTM)US$631.10m
Revenue (TTM)US$5.46b

15.1x

P/E Ratio

1.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KNX income statement (TTM)
RevenueUS$5.46b
Cost of RevenueUS$3.69b
Gross ProfitUS$1.77b
ExpensesUS$1.14b
EarningsUS$631.10m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Jan 26, 2022

Earnings per share (EPS)3.80
Gross Margin32.42%
Net Profit Margin11.56%
Debt/Equity Ratio29.0%

How did KNX perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

9%

Payout Ratio

Valuation

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

15.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KNX ($57.34) is trading below our estimate of fair value ($67.77)

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


Price To Earnings Ratio

PE vs Industry: KNX is good value based on its PE Ratio (15.1x) compared to the US Transportation industry average (18.1x).

PE vs Market: KNX is good value based on its PE Ratio (15.1x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: KNX is poor value based on its PEG Ratio (10.1x)


Price to Book Ratio

PB vs Industry: KNX is good value based on its PB Ratio (1.5x) compared to the US Transportation industry average (2.3x).


Future Growth

How is Knight-Swift Transportation Holdings forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

1.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KNX's forecast earnings growth (1.5% per year) is below the savings rate (2%).

Earnings vs Market: KNX's earnings (1.5% per year) are forecast to grow slower than the US market (13% per year).

High Growth Earnings: KNX's earnings are forecast to grow, but not significantly.

Revenue vs Market: KNX's revenue (7.4% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: KNX's revenue (7.4% 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 (9.9%).


Past Performance

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

18.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KNX has high quality earnings.

Growing Profit Margin: KNX's current net profit margins (11.6%) are higher than last year (7.3%).


Past Earnings Growth Analysis

Earnings Trend: KNX's earnings have grown by 18.2% per year over the past 5 years.

Accelerating Growth: KNX's earnings growth over the past year (88.3%) exceeds its 5-year average (18.2% per year).

Earnings vs Industry: KNX earnings growth over the past year (88.3%) exceeded the Transportation industry 68.6%.


Return on Equity

High ROE: KNX's Return on Equity (10%) is considered low.


Financial Health

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


Financial Position Analysis

Short Term Liabilities: KNX's short term assets ($1.4B) exceed its short term liabilities ($852.5M).

Long Term Liabilities: KNX's short term assets ($1.4B) do not cover its long term liabilities ($3.2B).


Debt to Equity History and Analysis

Debt Level: KNX's net debt to equity ratio (24.7%) is considered satisfactory.

Reducing Debt: KNX's debt to equity ratio has increased from 6.7% to 29% over the past 5 years.

Debt Coverage: KNX's debt is well covered by operating cash flow (59.2%).

Interest Coverage: KNX's interest payments on its debt are well covered by EBIT (46.4x coverage).


Balance Sheet


Dividend

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

0.70%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KNX's dividend (0.7%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: KNX's dividend (0.7%) is low compared to the top 25% of dividend payers in the US market (3.44%).


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.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (9.5%), KNX's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: KNX's dividends in 3 years are forecast to be thoroughly covered by earnings (10% payout ratio).


Next Steps

Management

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

4.3yrs

Average management tenure


CEO

Dave Jackson (45 yo)

10.92yrs

Tenure

US$5,834,698

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 ($USD5.83M) is about average for companies of similar size in the US market ($USD6.40M).

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


Leadership Team

Experienced Management: KNX's management team is considered experienced (4.3 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$9.516b
  • Shares outstanding: 165.96m
  • Website: https://knight-swift.com

Number of Employees


Location

  • Knight-Swift Transportation Holdings Inc.
  • 20002 North 19th Avenue
  • 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 Analysis2022/01/18 23:53
End of Day Share Price2022/01/18 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.