Knight-Swift Transportation Holdings Inc. (KNX) is currently priced at $65.52, marking an increase of 82.5 cents (1.28%) from the previous close of $64.69. The trading volume stands at $693,173, 22.38% above the average.
In the latest quarterly earnings report released on Tuesday, April 21st, KNX surpassed consensus estimates with an EPS of 0.26.
KNX offers a forward dividend yield of 1.22%. The dividend per share MRQ is 20 cents, showing a year-over-year increase of 12.5 cents.
Recently graded by Cowen & Co., KNX maintains a "Buy" rating, with the previous and new grade both being "Buy," suggesting a hold position.
The company reported a free cash flow of $56.94 million, with operating cash flow at $142.54 million. Notably, there was a net decrease in cash of $9.16 million, ending the period with $293.22 million in cash.
KNX generated revenue of $1.85 billion, resulting in a net income of -$1.32 million. The EPS stands at -0.81 cents.
Key ratios show a quick ratio of 0.7, gross profit margin at 9.63%, and a price-to-book ratio of 1.33.
The balance sheet reveals total assets of $11.95 billion, with total liabilities at $4.88 billion, indicating a healthy financial position for KNX.
This comprehensive analysis portrays Knight-Swift Transportation Holdings Inc. as a promising investment opportunity with positive growth prospects.
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. The company also provides logistics and intermodal services, such as brokerage, intermodal, and certain logistics; freight management; and non-trucking services. In addition, it offers various support services, including repair and maintenance shop services, warranty, insurance, and equipment leasing; and trailer parts manufacturing and warehousing services, as well as engages in the driving academy activities. In addition, it offers regional direct services to customers national transportation needs by utilizing carriers for coverage areas outside networks. The company operates a total of 18,019 tractors, which comprises 16,166 company tractors and 1,853 independent contractor tractors, as well as 67,606 trailers; 2,735 tractors and 7,413 trailers; and 597 tractors and 10,847 intermodal containers. It serves retail, food and beverage, consumer products, paper products, transportation and logistics, housing and building, automotive, and manufacturing industries. Knight-Swift Transportation Holdings Inc. was incorporated in 1989 and is headquartered in Phoenix, Arizona.