NYSE:KNX

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

7.8%

NYSE:KNX

3.0%

US Transportation

2.9%

US Market


1 Year Return

5.1%

NYSE:KNX

0.008%

US Transportation

0.2%

US Market

KNX outperformed the Transportation industry which returned -1.8% over the past year.

KNX outperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

KNXIndustryMarket
7 Day7.8%3.0%2.9%
30 Day-9.2%-8.0%-2.3%
90 Day14.6%-6.2%3.1%
1 Year5.9%5.1%1.7%0.008%2.4%0.2%
3 Year21.9%20.5%73.2%65.0%41.7%32.4%
5 Year38.5%36.9%71.6%57.4%55.1%37.9%

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

Valuation

Is Knight-Swift Transportation Holdings undervalued based on future cash flows and its price relative to the stock market?

14.09x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Knight-Swift Transportation Holdings's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Knight-Swift Transportation Holdings's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Knight-Swift Transportation Holdings is good value based on earnings compared to the US Transportation industry average.

Knight-Swift Transportation Holdings is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Knight-Swift Transportation Holdings is poor value based on expected growth next year.


Price Based on Value of Assets

Knight-Swift Transportation Holdings is good value based on assets compared to the US Transportation industry average.


Next Steps

Future Growth

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

4.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Knight-Swift Transportation Holdings's revenue is expected to grow by 2% yearly, however this is not considered high growth (20% yearly).

Knight-Swift Transportation Holdings's earnings are expected to grow by 4.6% yearly, however this is not considered high growth (20% yearly).

Knight-Swift Transportation Holdings's revenue growth is positive but not above the United States of America market average.

Knight-Swift Transportation Holdings's earnings growth is positive but not above the United States of America market average.

Knight-Swift Transportation Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Knight-Swift Transportation Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


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

Knight-Swift Transportation Holdings has delivered over 20% year on year earnings growth in the past 5 years.

Knight-Swift Transportation Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Knight-Swift Transportation Holdings's 1-year earnings growth is negative, it can't be compared to the US Transportation industry average.


Return on Equity

Knight-Swift Transportation Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Knight-Swift Transportation Holdings used its assets less efficiently than the US Transportation industry average last year based on Return on Assets.


Return on Capital Employed

Knight-Swift Transportation Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

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


Financial Position Analysis

Knight-Swift Transportation Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Knight-Swift Transportation Holdings's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Knight-Swift Transportation Holdings's level of debt (14.1%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (2.6% vs 14.1% today).

Debt is well covered by operating cash flow (111.5%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 20.7x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.1x debt.


Next Steps

Dividend

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

0.76%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Knight-Swift Transportation Holdings before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Knight-Swift Transportation Holdings's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).

Knight-Swift Transportation Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.85%).

Knight-Swift Transportation Holdings is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.

Knight-Swift Transportation Holdings is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Knight-Swift Transportation Holdings's dividends as it is not paying a notable one for United States of America.


Future Payout to Shareholders

No need to calculate the sustainability of Knight-Swift Transportation Holdings's dividends in 3 years as they are not expected to pay a notable one for United States of America.


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?

2.6yrs

Average management tenure


CEO

Dave Jackson (43yo)

4.6yrs

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

Dave's remuneration is about average for companies of similar size in United States of America.

Dave's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.6yrs

Average Tenure

46yo

Average Age

The tenure for the Knight-Swift Transportation Holdings management team is about average.


Board Age and Tenure

10.1yrs

Average Tenure

61yo

Average Age

The average tenure for the Knight-Swift Transportation Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

Knight-Swift Transportation Holdings individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$156,87812 Aug 19
Kevin Quast
EntityIndividual
Role
Senior Key Executive
Chief Operating Officer of Swift
Shares4,703
Max PriceUS$33.36
SellUS$34,82015 Mar 19
Shannon Breen
EntityIndividual
Role
Senior Key Executive
Senior Vice President of Logistics & Intermodal
Shares1,000
Max PriceUS$34.82
SellUS$292,50712 Mar 19
James Updike
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Sales & Marketing of Knight
Shares8,750
Max PriceUS$33.43
SellUS$5,983,78608 Mar 19
Gary Knight
EntityIndividual
Role
Vice Chairman
Executive Vice Chairman
Shares180,368
Max PriceUS$33.21
SellUS$3,450,86108 Mar 19
Kevin Knight
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares104,040
Max PriceUS$33.17
SellUS$4,858,85806 Mar 19
Kevin Knight
EntityIndividual
Role
Chairman of the Board
Executive Chairman
Shares145,960
Max PriceUS$34.08
SellUS$29,318,52631 Dec 18
Cactus Holding Company III, Llc
EntityCompany
Shares1,173,680
Max PriceUS$24.98
BuyUS$99,90917 Dec 18
Roberta Shank
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,661
Max PriceUS$27.29
BuyUS$28,83013 Dec 18
Robert Synowicki
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$28.83

Ownership Breakdown


Management Team

  • Kevin Knight (62yo)

    Executive Chairman

    • Tenure: 20.3yrs
    • Compensation: US$6.16m
  • Gary Knight (67yo)

    Executive Vice Chairman

    • Tenure: 15.6yrs
    • Compensation: US$1.92m
  • Dave Jackson (43yo)

    President

    • Tenure: 4.6yrs
    • Compensation: US$5.19m
  • Mike Liu (46yo)

    Executive Vice President of Operations of Knight

    • Tenure: 2.6yrs
  • Todd Carlson (59yo)

    General Counsel & Secretary

    • Tenure: 0.0yrs
  • Cary Flanagan (46yo)

    Chief Accounting Officer

    • Tenure: 1.9yrs
  • Kevin Quast (53yo)

    Chief Operating Officer of Swift

    • Tenure: 0.0yrs
    • Compensation: US$1.19m
  • James Updike (46yo)

    Executive Vice President of Sales & Marketing of Knight

    • Tenure: 0.0yrs
    • Compensation: US$482.14k
  • Adam Miller (38yo)

    CFO & Treasurer

    • Tenure: 7.3yrs
    • Compensation: US$3.01m
  • Shannon Breen (38yo)

    Senior Vice President of Logistics & Intermodal

    • Tenure: 0.9yrs

Board Members

  • Robert Synowicki (60yo)

    Director

    • Tenure: 3.5yrs
    • Compensation: US$189.98k
  • Kevin Knight (62yo)

    Executive Chairman

    • Tenure: 20.3yrs
    • Compensation: US$6.16m
  • Gary Knight (67yo)

    Executive Vice Chairman

    • Tenure: 15.6yrs
    • Compensation: US$1.92m
  • Kathy Munro (70yo)

    Lead Independent Director

    • Tenure: 0.0yrs
    • Compensation: US$164.98k
  • Mike Garnreiter (67yo)

    Director

    • Tenure: 15.9yrs
    • Compensation: US$144.98k
  • Dave Jackson (43yo)

    President

    • Tenure: 4.6yrs
    • Compensation: US$5.19m
  • Sissie Shank (52yo)

    Director

    • Tenure: 3.5yrs
    • Compensation: US$140.00k
  • Dave Ploeg (60yo)

    Director

    • Tenure: 0.0yrs
    • 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: KNX
  • Exchange: NYSE
  • Founded: 1989
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$5.860b
  • 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 Analysis2019/08/22 00:44
End of Day Share Price2019/08/21 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.